VIDA RESIDENCE DOWNTOWN DUBAI
ResaleDeveloperEMAAR DEVELOPMENT P.J.S.C.
CommunityDownTown Dubai
AreaBurj Khalifa
Started
11 years ago01-01-2015
Handover
6 years 10 months ago03-03-2019
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF 3B+G+3P+56+2R HOTEL APARTMENTS WITH RETAIL LOCATED IN BURJ KHALIFA. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+3%
GrowthCurrent:AED 3,220/sqft
Last 12M:AED 3,128/sqft
Momentum: Last 12Mvs Prior Year
Rising+12%
GrowthLast 12M:AED 3,128/sqft
Prior Year:AED 2,794/sqft
Community Compare: Last 90DDownTown Dubai
Premium+14%
Above AvgProject:AED 3,220/sqft
Community:AED 2,824/sqft
Liquidity: Last 12MExit Speed
Moderate15%Turnover
51Sold (Last 12M)
Supply & Demand Matrix
VIDA RESIDENCE DOWNTOWN DUBAI averaged 15% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
1 Bedroom
100 units
15 sold85 left
15%
Velocity
2 Bedrooms
144 units
22 sold122 left
15%
Velocity
3 Bedrooms
82 units
11 sold71 left
13%
Velocity
4 Bedrooms
15 units
3 sold12 left
20%
Velocity
5 Bedrooms
3 units
0 sold3 left
0%
Velocity
Shop
3 units
0 sold3 left
0%
Velocity
Layouts & Units (347)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 2 Bed Hotel ApartmentFloors 3-47 | Inventory 144units 9 layouts · Typically 1 parking 6-76 sqm balcony | Size Range 404-2,389sqft | Price Range AED 49K - AED 7.5M | Avg PSF 2,309 | Sales 103 | Trend — | |
Asset Class 4 Bed Hotel ApartmentFloors 48-53 | Inventory 15units 8 layouts · Typically 2 parking 9-92 sqm balcony | Size Range 2,795-4,011sqft | Price Range AED 6.4M - AED 20.0M | Avg PSF 3,031 | Sales 10 | Trend — | |
Asset Class 3 Bed Hotel ApartmentFloors 3-57 | Inventory 82units 13 layouts · Typically 2 parking 7-33 sqm balcony | Size Range 198-2,316sqft | Price Range AED 3.2M - AED 8.2M | Avg PSF 2,681 | Sales 49 | Trend — | |
Asset Class 1 Bed Hotel ApartmentFloors 3-47 | Inventory 100units 6 layouts · Typically 1 parking ~5 sqm balcony | Size Range 376-774sqft | Price Range AED 800K - AED 2.8M | Avg PSF 2,235 | Sales 90 | Trend — | |
Asset Class 5 Bed Hotel ApartmentFloors 54-58 | Inventory 3units 3 layouts · Typically 2 parking 54-100 sqm balcony | Size Range 5,053-6,699sqft | Price Range AED 19.5M - AED 19.5M | Avg PSF 3,540 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 774-1,372sqft | Price Range — | Avg PSF 7,588 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 3units 3 layouts · Typically 7 parking | Size Range 2,882-10,897sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 7 asset classes covering 347 units