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DISTRESS DEAL: 2-BR IN VIDA RESIDENCES

Original Price: AED 3,289,404

Asking Price: AED 3,100,000

5.8% Below O.P.

Size: 1,265 sq.ft

Developer: Emaar

Location: Dubai Hills

Completion Date: Q3 2027

Distress Deal: Vida Residences Apartment by Emaar in Dubai Hills

AED 2,451

Per Sq. Ft.

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Distress Deal floor plan for Vida Residences 2-BR in Dubai Hills — 1,265 sq.ft — Apartment
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PAYMENT PLAN

UNIT PRICE

AED 3,100,000


PAYMENTS ON TRANSFER


Payment to seller

AED 2,151,135

DLD Transfer fee 4% + 40 AED

AED 124,040

DLD Registration Trustee fee + 5%VAT

AED 5,250

Buyer's agent comission 2% + 5%VAT

AED 65,100


PAYMENT PLAN SCHEDULE


28-JUL-2026

AED 316 289

31-DEC-2026

AED 316 289

On Handover

AED 316 287


SUMMARY


Total on Transfer

AED 2,345,525

Total remaining Payment Plan

AED 948,865

TOTAL COST FOR BUYER

AED 3,294,390


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PROJECT DESCRIPTION

OVERVIEW

 

This is a two-bedroom apartment opportunity in Vida Residences, Dubai Hills, developed by Emaar. The property offers a total area of 1,265 sq.ft and is positioned on a mid-level floor (between the 5th and 10th), with a balcony overlooking Dubai Hills Park. The asking price is AED 3,100,000, which is 5.8% below the original reference price of AED 3,289,404, resulting in a discount of AED 189,406. This brings the price per square foot to AED 2,451, which is competitive for a branded, off-plan residence in this district. The payment structure includes AED 2,345,525 due on transfer and a remaining payment plan of AED 948,865, with the total buyer cost estimated at AED 3,294,390. Handover is scheduled for Q3 2027, providing investors with a clear timeline for completion. The immediate deal thesis is underpinned by the combination of a below-market entry price, the security of a phased payment plan, and the brand strength of both Emaar and Vida Hotels.

 

LOCATION & TRANSPORT

 

Vida Residences is located within Dubai Hills Estate, a master-planned community in Mohammed Bin Rashid City. The area is strategically positioned between Downtown Dubai and Dubai Marina, offering convenient access to both business and leisure hubs. Dubai Hills Estate benefits from a well-developed road network, with Al Khail Road (E44) providing direct routes to the city centre and other key districts. Public transport options are evolving, with future metro and bus links expected to further enhance connectivity. The community is approximately 15 minutes by car from Downtown Dubai and Dubai Mall, and around 20 minutes from Dubai International Airport. Residents have easy access to Dubai Hills Mall, which is a significant retail and entertainment destination in the area. The location is designed to appeal to both end-users and tenants seeking a balance of urban accessibility and green, landscaped surroundings.

 

AMENITIES & SURROUNDING

 

Vida Residences is a 24-storey residential tower developed in partnership with Vida Hotels and Resorts, reflecting a contemporary design ethos and a focus on lifestyle amenities. Residents benefit from hotel-style services, communal gardens, and open-plan living spaces. The building offers a swimming pool, barbecue facilities, and dedicated children’s play areas, supporting both relaxation and family life. Fitness is well catered for, with both indoor and outdoor gym facilities available. The project is adjacent to Dubai Hills Park, providing direct access to green spaces and recreational facilities. The wider Dubai Hills Estate features a championship golf course, cycling tracks, and extensive landscaped walkways. Retail and dining options are integrated within the community, with shops and cafes located both within the building and in the immediate vicinity. The area is designed to foster a sense of community, with social spaces and amenities that appeal to a broad demographic.

 

MARKET

 

Dubai Hills Estate has established itself as one of Dubai’s most sought-after residential districts, particularly for mid- to upper-tier buyers seeking a blend of urban convenience and green living. Branded residences, such as those under the Vida name, typically command a premium due to their association with hospitality services and recognised design standards. The current offering at a 5.8% discount to the original price positions this unit attractively against both new launches and secondary market stock. Two-bedroom apartments in Dubai Hills are in steady demand from both families and professionals, supporting rental yields and liquidity. The phased payment plan reduces capital outlay risk prior to handover. Potential risk points include construction timelines and the broader volatility of the Dubai off-plan market, but Emaar’s track record and the advanced stage of the project provide a degree of reassurance. The buyer profile is likely to include both investors seeking rental income and end-users planning for future occupancy.

 

CONCLUSION

 

For investors, this two-bedroom apartment in Vida Residences offers a compelling entry point into a maturing, well-located community. The discount to original price, combined with a flexible payment plan and the reputational strength of Emaar and Vida, supports both capital appreciation and rental prospects. The project’s amenities and proximity to Dubai Hills Park and Mall enhance its appeal to a wide tenant base. While all off-plan purchases carry inherent risks, the fundamentals here are sound: a strong developer, a branded product, and a location that continues to see infrastructure investment. This opportunity suits those seeking a balance of value, quality, and future growth potential in Dubai’s residential market.

 

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