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Vida Residences Dubai Mall

PRICE
AED 1,200,000 - 1,913,888
Area
678 - 2,249 Sq Ft
Bedroom
1-4
Unit Type
Apartment
Life Style
Luxury
Launch Date
Q4 2017
Handover Date
Q4 2021
Developer
Emaar
Location
Downtown Dubai
Total Units
380
Vida Residence Dubai Mall
Offering one, two, and three bedroom apartments located in the heart of Downtown Dubai
Direct access to Dubai Mall
Located at the Gateway of Downtown Dubai with world class shopping only steps away
Carefully Designed Apartments with Skyline Views
This residence is strategically located near Burj Khalifa, the tallest building in the world
Supreme Style, Tranquility and Convenience
Residents are only minutes away from Dubai Mall, Burj Khalifa, The Fountain and Burj Park
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Vida Residence Dubai Mall is a new two-tower development by Emaar right across from Dubai Mall featuring one, two, three, and four bedroom branded & serviced apartments, as well as a hotel. This project is located on the plot next to Address Fountain Views. Developer is offering a 70-30 payment plan.

Property Types Available: Apartments, Hotel Serviced Apartments
Location: Sheikh Zayed Road, Al Khail Road, Dubai - Al Ain Road
Status: Proposed
Year Launched: 2017
Estimated Completion Date: October 2021
Developer: Emaar
Hotel Operator: Vida Hotels & Resorts
Title Type: Freehold
Quality Classification: Luxury
Height Classification: High-rise
Life Cycle: Under Construction
Special Classification: Very close to Metro Station, Hotel Serviced Apartments, Residential Building , Residential Building with some retail
Under Construction Buildings: 2
Plot Number: 207
Total Under-Construction Hotel Apartments: 380

Investment Feasibility & Decision Drivers
Snapshot summary for investing in Vida Residences Dubai Mall

Investment Score

90% Value for Money
90% Project Uniqueness
100% Location & Connectivity
90% Rental Yield Expectation
85% Capital Growth Expectation
W3.CSS
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Investment Feasibility & Decision Drivers

The projects and areas displayed on this page are what many real estate analysts in Dubai believe to be the top tier of real estate investment opportunities. Each of these developments offers its own unique feasibility based on micro and macro drivers.

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Synopsis

Sale Status: Nearly sold out. Limited units available.

Payment Plan: Somewhat investor friendly

Ideal for: End-Users & Investors

Price Range: AED 2,000 PSF - AED 2,750 PSF

Unit Types Available: Apartment, Hotel Serviced Apartment

What Our Experts Think

Vida Residences Dubai Mall is one of the last few projects to be launched in such a prime location by Emaar. The two tower complex is located directly opposite to the Dubai Mall, next to Address Fountain Views and will connect directly to the mall. With the announcement of this project, the last of the prime plots in Downtown has been allocated.

The first component to be launched is Tower 1 which has hotel serviced apartments managed under Emaar's Vida brand. Tower 1 will have one, two, three, and four bed units; front-facing units will be facing the Dubai Fountain & Burj Khalifa and will be in very high demand on the day of launch. We expect prices to range from between AED 2300 - 2600 per sq. ft. In addition, Emaar are guaranteeing all serviced apartments to be part of the hotel pool which ultimately will offer very strong rental yields.

Emaar is offering a 70/30 payment plan, where 70% is paid over the construction period and 30% upon handover.

Tower 2 are will feature one, tw

About Vida Residences Dubai Mall
Vida Residences Dubai Mall is a new two-tower development by Emaar in Downtown Dubai, across from Dubai Mall. The project will feature 1, 2, 3, & 4 bedroom serviced and branded apartments, as well as a Vida Hotel. Tower 1 will feature the serviced apartments and hotel. Tower 2 will feature the branded residence. Investors in Tower 1 have the option to add the serviced apartments to the hotel pool.
Vida Residences Dubai Mall is located right along Sheikh Mohammed Bin Rashid Boulevard, on the plot next to Address Fountain Views and is connected to Dubai Mall through the Dubai Mall extension in Address Fountain Views. This is one of the last developments on the Sheikh Mohammed Bin Rashid Boulevard in Downtown Dubai and is possibly one of the most prime plots offering views of the Dubai Fountain & Burj Khalifa. Units will have views towards DIFC, Dubai Mall, Burj Khalifa, Dubai Fountain, the Boulevard, as well as towards Al Khail Road.

We expect high demand for this project, similar to what we saw for Vida Residences Dubai Marina, which was sold out within the first few days. The front-facing units, which offer views of the Fountain, Burj Khalifa, & the Boulevard will be in especially high demand.

Launch for Tower 1 was on Wednesday, May 24, 2017. Launch for Tower 2 is on Thursday, July 13, 2017.

We expect prices to be lower in Tower 2, as these are branded residences, not serviced apartments.
General Guide:
- Vida Residence Dubai Mall is a new two-tower development by Emaar across from Dubai Mall.

- This project is located right along Sheikh Mohammed Bin Rashid Boulevard, on the plot next to Address Fountain Views.

- This development features one, two, three, and four bedroom units (luxury serviced and branded apartments, as well as a hotel component).

- Developer is offering a 70-30 payment plan; 70% paid during construction period, 30% paid upon handover in October 2021.

- Tower 1: 55 levels featuring the Vida hotel & serviced apartments (38 floors of serviced apartments, the remaining are part of the hotel). Investors of the serviced apartments in Tower 1 have the option to add them to the hotel pool.- Tower 2: 38 levels featuring 1, 2, & 3 bedroom Vida branded apartments

- Both towers have a shared podium with one basement

- The podium consists of the following:
Ground Floor featuring the hotel drop-off, lobby lounge, all-day dining, serviced apartments' lobby, branded apartments' lobby

Level 2 featuring two F&B outlets, two salons, a florist and a connection to Fountain Views & Dubai Mall

Level 7 featuring the amenities (pool deck, pool bar, gym, kid's club, yoga deck, events deck

Parking Basement level is for the Hotel, Mezzanine level is for the retail, and Levels 1-6 are for the apartments.

- Vida Residences will have access to Fountain Views through the podium level which will provide access directly to Dubai Mall.

- Units will have views towards DIFC, Dubai Mall, Burj Khalifa, Dubai Fountain, the Boulevard, as well as towards Al Khail Road.
Tower 1 Guide
- Front-facing units will have views of the Dubai Fountain & Burj Khalifa. (Tower 1: 1 Bed: 08 unit; 2 Bed: 05, 06, 07 units; 3 Bed: 05, 08, 09 units; 4 bed: 09 unit)

- This is one of the last developments on the Sheikh Mohammed Bin Rashid Boulevard in Downtown Dubai; possibly one of the most prime plots offering views of the Dubai Fountain & Burj Khalifa.

- We expect there to be a very high demand for this project due to its prime location and it being one of the last remaining projects in Downtown Dubai.

- Completion is expected in October 2021
Unit Sizes:
- Serviced Apartments: 380 units on 38 floors
- 1 Bedroom: 678 sq. ft. - 908.94 sq. ft.
- 2 Bedroom: 1,068 sq. ft. - 1,223 sq. ft.
- 3 Bedroom: 1,511 sq. ft. - 1,683 sq. ft.
- 4 Bedroom: 2,249 sq. ft.
Payment Plan:
- 5% Down Payment
- 10% Dec 2017
- 5% Jun 2018
- 10% Dec 2018
- 10% Jun 2019 (Upon 20% Construction Completion)
- 10% Dec 2019 (Upon 40% Construction Completion)
- 10% Jun 2020 (Upon 60% Construction Completion)
- 10% Dec 2020 (Upon 80% Construction Completion)
- 30% Oct 2021 (Upon 100% Construction Completion)
Tower 2 Guide
- Tower 2 only features 1, 2, & 3 Bedroom branded apartments.
- There are no front-facing one bedroom apartments. The following are the front-facing apartments: 2 Bedroom (03, 04 series); 3 Bedroom (02, 05 series)
- Completion is expected in October 2021
Unit Sizes:
- 232 Apartments in total
- 1 Bedroom: 775 sq. ft. - 805 sq. ft.
- 2 Bedroom: 998 sq. ft. - 1,208 sq. ft.
- 3 Bedroom: 1,398 sq. ft. - 1,971 sq. ft.
Payment Plan:
- 5% Down Payment
- 10% Dec 2017
- 5% Jun 2018
- 10% Dec 2018
- 10% Jun 2019 (Upon 20% Construction Completion)
- 10% Dec 2019 (Upon 40% Construction Completion)
- 10% Jun 2020 (Upon 60% Construction Completion)
- 10% Dec 2020 (Upon 80% Construction Completion)
- 30% Oct 2021 (Upon 100% Construction Completion)

Positives of Vida Residences Dubai Mall

Vida Residences Dubai Mall - New launch by Emaar in Downtown Dubai

1, 2, 3, & 4 Bedroom units for sale in one of the most prime locations in Downtown Dubai. Register now or call +971 54 449 5234 to learn more.

A PROJECT BY :

Established in 1997, Emaar Properties is a public joint stock company listed on the Dubai Financial Market. A pioneer in master-planned community development, Emaar has transformed the real estate sector in Dubai, United Arab Emirates. It is extending its expertise in developing master-planned communities internationally, and today, has a significant presence in several key global markets. Some notable projects include The Dubai Mall, The Dubai Fountain and The Opera District.

FLOOR PLAN

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Floor Plan

Floorplan

FACILITIES AND AMENITIES




High security access systems



Gym



Swimming Pool



Covered Parking

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