Vida Residence Downtown, Downtown Dubai
About Vida Residence Downtown
Vida Residence Downtown is a residential hotel located in Downtown Dubai. It has been developed by Emaar Properties. The construction of the building was started in 2016 and completed in 2019. Vida Residence Downtown has 57 floors above the ground and three levels basement.
The height of the building is around 782 ft. and it offers more than 300 serviced apartments including 1, 2, and 3-bedroom units and penthouses. It provides modern amenities and facilities to residents like a gym, sauna, pool, Jacuzzi, barbeque and kids’ play area. Vida Residence Downtown also features aday-care centre and first aid medical centre.
Downtown Dubai, also known as Downtown, is home to the mixed-use high-rise buildings. Moreover, the area is famous for its tourist attractions. It houses Burj Khalifa that is the tallest building in the world. The community offers different entertainment, dining and leisure options.
IN A NUTSHELL
- Located in Downtown Dubai
- A project of Emaar
- 57-storey tall
- Offers 1, 2 and 3-bedroom serviced apartments and penthouses
- Consists of a gym, pool and Jacuzzi
- Features gardens and barbeque area
- Has a daycare centre and kids’ play area
- 5 minutes away from The Dubai Mall and Burj Khalifa
Facilities in Vida Residence Downtown
There is a valet parking in Vida Residence for residents. The spacious parking space has around 519 parking slots.
High-speed elevators in Vida Residence increase convenience for residents.
Security, Central Air-Conditioning and Maintenance Services
24-hour CCTV monitoring in Vida Residence allows the security staff to observe the building effectively. /The entire building is centrally air-conditioned. Emaar has its own district cooling plant, whereas the building offers on-site maintenance staff too.
There is a barbeque area and a lawn or garden in Vida Residence designated for parties and gatherings.
Gym and Fitness Facilities
Fitness amenities of the building include a swimming pool, gym, sauna and Jacuzzi. All the facilities are well-equipped, whereas the gym in Vida Residence Downtown provides all the necessary equipment for the workout.
For kids, there is a play area with different slides and swings, while for adults, there are billiard tables in the building.
Concierge and Guest Services
There is a high-end lobby in the Vida Residence Downtown where guests can wait and relax until received by their host. Visitors can also have snacks from the cafeteria present in the building.
Vida Residence Downtown takes all possible actions to ensure the safety of its residents. Therefore, fire suppressors and alarms are installed in the entire building.
Apartment Types in Vida Residence Downtown
Vida Residence Downtown consists of 1, 2, and 3-bedroom serviced apartments and penthouses. These apartments come with different configurations and amenities.
1-Bedroom Apartments in Vida Residence Downtown
The area of the apartment is around 717 sq. ft. to 800 sq. ft. 1-bedroom apartments in Vida Residence Downtown come with an attached bathroom that has modern fixtures. There is an open-style kitchen and a powder room. It also has a spacious dining and living area that offers views of the community through the glass window. The floor-to-ceiling glass door in the bedroom provides access to the balcony.
2-Bedroom Apartments in Vida Residence Downtown
2-bedroom apartments in Vida Residence Downtown provide a spacious living area that is next to the open style fitted kitchen. The area of the apartment is around 1,299 sq. ft. to 1,594 sq. ft. Through a wide glass, the kitchen and living area provides views of the community. The unit has attached bathrooms and some of them also have a guest bathroom. The unit also has a balcony with views of beautiful Burj Khalifa.
3-Bedroom Apartments in Vida Residence Downtown
3-bedroom apartments in Vida Residence Downtown cover an area of 1,920 sq. ft. to 2,023 sq. ft. The unit provides views of Downtown and landmarks nearby such as Burj Khalifa. It has a spacious dining and living area and an open style fitted kitchen. The bedrooms have built-in wardrobes and attached bathrooms. Most of the units have a guest bathroom.
Penthouses in Vida Residence Downtown
4-bedroom penthouse apartments in Vida Residence Downtown Dubai have attached bathrooms and a guest bathroom. The unit has an area of around 2,718 sq. ft. It has a fully-equipped kitchen and a large living space. The terrace in these units offers spacious seating space along with views of high-rise buildings of Downtown Dubai.
5-bedroom penthouse apartments in Vida Residence Downtown Dubai have an area of around 5,365 sq. ft. The unit offers a minibar, a maid’s room and an open style fitted kitchen. It has a spacious balcony that can be accessed from the bedroom. There are attached bathrooms in these units, while some penthouses also have a powder room. The upper floor of the unit provides a living and dining area along with a terrace offering views of nearby landmarks.
Most Popular Apartment Types in Vida Residence Downtown
Based on searches conducted by users on Bayut.com over the past 12 months
2-bed units are the most popular apartments in Vida Residence Downtown Dubai. The second most popular property type is 1-bedroom apartments followed by 3 and4-bedroom flats. 5-bed apartments come last in terms of searches conducted on Bayut.
Rental Trends in Vida Residence Downtown
- Rent for 1-bedroom apartments in Vida Residence Downtown ranges from AED 105k to AED 115k per year.
- The rental price for 2-bedroom apartments is from AED 150k to AED 220k per year.
- Rent for 3-bedroom apartments in Vida Residence Downtown ranges from AED 210k to AED 260k per year.
- Rent for 4-bedroom penthouse apartments in Vida Residence Downtown ranges from AED 425k to AED 450k per year.
- 5-bedroom penthouse apartments in Vida Residence Downtown are available for AED 695k to AED 800k per year.
Sale Trends in Vida Residence Downtown
- 1-bedroom apartments for sale in Vida Residence Downtown range from AED 1.2M to AED 1.96M.
- The selling price for 2-bed units in Vida Residence Downtown is from AED 2.65M to AED 4.03M.
- 3-bedroom apartments for sale in Vida Residence Downtown range from AED 3.7M to AED 6.2M.
- 4-bedroom apartments in Vida Residence Downtown have a selling price from AED 7.5M to AED 11M.
- The price for 5-bedroom apartments in Vida Residence Downtown is around AED 27.5M.
Rental Yield in Vida Residence Downtown
Based on searches conducted by users on Bayut.com over the past 12 months
The Return on Investment in Vida Residence Downtown is 5.4% for 1 and 2-bed units. 3-bedroom apartments have a return of around 4.5%.
Transportation near Vida Residence Downtown
Different modes of transportation near Vida Residence Downtown are available. Buses and Metro are among the common modes of public transportation, whereas the building is also ideal for those who have their own vehicle.
Bus Stops near Vida Residence Downtown
Residents of the building can take buses by walking a short distance. Boulevard Walk Tower, Clover Bay Tower and Lake Central Tower Bus Stops are located at a walking distance from the building. Bus F13 serves Boulevard Walk Tower Bus Stop, whereas bus 50, F19B and F41 serve Lake Tower Central Bus Stop.
Metro Stations near Vida Residence Downtown
Different metro stations are located close to the building. Business Bay Metro Station is 5 minutes away from the building. Burj Khalifa/Dubai Mall and Financial Centre Metro Station are also located under an 8-minute distance from the tower.
Restaurants near Vida Residence Downtown
Popular Downtown Dubai restaurants near Vida Residence Downtown are:
- The Cheesecake Factory
- Bombay Brasserie
- Texas Roadhouse
The building is located near different restaurants. The Cheesecake Factory is an American Restaurant that is famous because of its large serving sizes. Located at a 5-minute drive from the building, Bombay Brasserie is an Indian restaurant.Texas Roadhouse is ideal for steaks and is 7 minutes away from the building.
Fine-dining restaurants near Vida Residence Downtown include:
Fine dining lovers can visit different restaurants located a few minutes away from the building. Zuma is at a 9-minute drive from the building and offers Japanese cuisine. For a contemporary and those who like Indian foods, they can visit Tresind. Located at an 8-minute drive, At.Mosphere is an ideal option for International foods.
Supermarkets near Vida Residence Downtown
Supermarkets in the area include:
- Al Maya Supermarket
- West Zone Fresh Supermarket
- Carrefour Market
For buying groceries and other daily use products, residents of the building can visit Al Maya and West Zone Fresh Supermarkets as both of them are located at a walking distance. For more variety, people can visit Carrefour Market that is 4 minutes away from the building.
- Westbury Residence – residential building
- The Residences – residential building
- Vera Residence – residential building
- Al Tayer – commercial building
Different buildings are close to Vida Residence Downtown including Westbury Residence, The Residences, Vera Residence and Al Tayer.
Nearby landmarks include:
- Dubai Mall
- The Dubai Fountain
- Dubai Frame
Vida Residence Downtown is located in Downtown Dubai; therefore it is close to various landmarks and tourist attractions. Located at a 7-minute drive, Dubai Mall is one of the largest shopping malls in the world. It has over 1,200 retail shops of different local and international brands.
Dubai Fountain is located on Burj Khalifa Lake. Illuminated with 6,600 lights and 50 colour projectors, it can shoot water up to 500 ft. in the air. It was designed by WET Design with a cost of AED 800 million.
Dubai Frame is located at a 13-minute distance from the building. It is the largest photo frame on the planet. It is designed and built in a way that from one side of the frame you can see new Dubai, whereas, from the other side, older parts of the city.
THINGS TO CONSIDER
Apart from all the amenities offered in Vida Residence Downtown, it should be noted that the area gets congested during peak hours that can be inconvenient for residents.