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Palm JumeirahAED 3,625/sqftCity WalkAED 3,268/sqftDubai Maritime CityAED 3,078/sqftDowntown DubaiAED 2,953/sqftDubai MarinaAED 2,836/sqftDubai IslandsAED 2,748/sqftBusiness BayAED 2,620/sqftDubai Creek HarbourAED 2,588/sqftDubai Hills EstateAED 2,444/sqftJumeirah Lakes TowersAED 2,229/sqftMohammed Bin Rashid CityAED 2,097/sqftAl JaddafAED 2,051/sqftJumeirah Village TriangleAED 1,673/sqftDubai SouthAED 1,630/sqftArjanAED 1,608/sqftJumeirah Village CircleAED 1,511/sqftDubai Sports CityAED 1,336/sqftPalm JumeirahAED 3,625/sqftCity WalkAED 3,268/sqftDubai Maritime CityAED 3,078/sqftDowntown DubaiAED 2,953/sqftDubai MarinaAED 2,836/sqftDubai IslandsAED 2,748/sqftBusiness BayAED 2,620/sqftDubai Creek HarbourAED 2,588/sqftDubai Hills EstateAED 2,444/sqftJumeirah Lakes TowersAED 2,229/sqftMohammed Bin Rashid CityAED 2,097/sqftAl JaddafAED 2,051/sqftJumeirah Village TriangleAED 1,673/sqftDubai SouthAED 1,630/sqftArjanAED 1,608/sqftJumeirah Village CircleAED 1,511/sqftDubai Sports CityAED 1,336/sqft
DLD · MEDIAN 12M TO JUL 2026
DISTRESS DEAL: 1-BR IN VIDA RESIDENCES CLUB POINT

Distress Deal

DISTRESS DEAL: 1-BR IN VIDA RESIDENCES CLUB POINT

Asking PriceAED 1,620,000
Below Original Price4.7%
Size747 sq.ft
Bedrooms1
Price / Sq.FtAED 2,169
HandoverQ1 2029
Sold
Listed 13 March 2026Status confirmed 3 August 2026

This unit has sold and is no longer available. The page is kept as a record of a deal we transacted. Every figure on it — the asking price, the discount to original price and the payment schedule — is the position as listed on 13 March 2026 and is historic. It is not an indication of what the same unit, or a comparable one, would cost today.

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The numbers

Payment breakdown

UNIT PRICE AED 1,620,000

PAYMENTS ON TRANSFER

1. Payment to seller AED 639,068
2. DLD Transfer fee 4% + 40 AED AED 64,840
3. DLD Registration Trustee fee + 5% VAT AED 5,250
4. Buyer's agent commission 2% + 5% VAT AED 34,020

PAYMENT PLAN SCHEDULE

20% Construction AED 163,489
30% Construction AED 81,744
50% Construction AED 163,489
70% Construction AED 81,744
90% Construction AED 163,489
100% Construction and Handover AED 326,977

SUMMARY

Total on Transfer AED 743,178
Total remaining Payment Plan AED 980,932
TOTAL COST FOR BUYER AED 1,724,110

Distress Deal

PROJECT DESCRIPTION

OVERVIEW

Vida Residences Club Point is a residential multi building complex under development in Dubai Hills Estate within Mohammed Bin Rashid City in Dubai United Arab Emirates. The project is part of the wider Dubai Hills Estate master community which forms a central component of the Mohammed Bin Rashid City urban expansion programme developed by Emaar Properties. The scheme consists of two residential buildings known as Vida Residences Club Point Building A and Vida Residences Club Point Building B.

LOCATION & TRANSPORT

The project is located within Dubai Hills Estate a master planned community positioned between Al Khail Road and Umm Suqeim Street in central Dubai. Dubai Hills Estate is designed as a mixed use district combining residential neighbourhoods commercial zones retail centres schools healthcare facilities and extensive landscaped green areas. The community forms part of the wider Mohammed Bin Rashid City development which covers thousands of hectares south of Business Bay and Downtown Dubai.

AMENITIES & SURROUNDING

The surrounding district provides a range of established infrastructure and educational institutions. Several international schools operate within short driving distance of Vida Residences Club Point including GEMS New Millennium School approximately 0.7 kilometres away and GEMS Wellington Academy Al Khail approximately 0.9 kilometres away. Other nearby schools include GEMS International School Al Khail and Ambassador International Academy which offer British and International Baccalaureate curricula. Community infrastructure also includes healthcare facilities retail centres and recreational amenities distributed throughout the Dubai Hills Estate master plan.

MARKET

The development is being delivered in collaboration with Vida Hotels and Resorts which is a lifestyle hospitality brand operated by Emaar Hospitality Group. Vida Hotels and Resorts was launched to provide contemporary urban hospitality environments with an emphasis on social interaction modern design and flexible communal spaces. Through the Vida Residences concept the brand extends beyond hotel operations to include branded residential developments integrated within larger mixed use communities. The association with the Vida brand indicates that the project will incorporate design themes amenities and services aligned with the hospitality brand including shared lifestyle facilities communal environments and brand influenced management standards typically associated with branded residential developments in Dubai. The two towers forming Vida Residences Club Point provide mid rise residential density with approximately twenty three storeys each. The buildings share a podium and substructure arrangement which contains basement parking and various operational facilities.

CONCLUSION

The development is being delivered in collaboration with Vida Hotels and Resorts which is a lifestyle hospitality brand operated by Emaar Hospitality Group. Vida Hotels and Resorts was launched to provide contemporary urban hospitality environments with an emphasis on social interaction modern design and flexible communal spaces. Through the Vida Residences concept the brand extends beyond hotel operations to include branded residential developments integrated within larger mixed use communities.

Illustrative model

Scenario modeller

Set your own assumptions and see how DISTRESS DEAL: 1-BR IN VIDA RESIDENCES CLUB POINT behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.

Purchase

The price you are actually considering.

Drives the service charge only.

Rent and service charge both start here.

Holding & income

Your figure — we have not assumed one.

0% holds rent flat. It may be negative.

8% is roughly a month plus re-letting.

Letting fees and routine repairs.

Replace with the building's own schedule.

Acquisition costs

4% is the Dubai standard.

Buyer-side. 5% VAT added.

Trustee, title deed, NOC.

Exit

1 to 40 years.

0% by default: we publish no price forecasts.

5% VAT added automatically.

Nothing to calculate yet

Enter the asking price to run the model.

Every figure recalculates as you type. Use the price you are actually considering.

How each figure is calculated
Handover
The date the unit is handed over, set in quarters from purchase. Gross rent, the vacancy allowance, maintenance and management, and the service charge all start there and not before — an unbuilt unit cannot be let and is not billed. The year handover falls in gets the exact fraction it is entitled to, not a rounded whole year. Capital growth is not treated this way: it compounds from today across the whole hold, because an off-plan unit can be sold before it completes. Where the holding period ends before handover, there is no operating income anywhere in the schedule and the whole return is capital movement less costs.
Gross yield
Gross annual rent ÷ purchase price. Before every cost. Where handover is in the future this is a stabilised full year from handover — a rate on the price, not a figure reduced by the construction period. The schedule shows what each year actually books.
Net yield
(Rent collected after the vacancy allowance − maintenance and management − service charge) ÷ purchase price. Stabilised on the same basis as the gross yield.
Rent growth
Compound annual movement in gross rent, applied from handover and stepping at each anniversary of it, which is when a tenancy renews. It may be negative. It does not touch the service charge, which is held flat in nominal terms.
ROI
Total profit over the whole hold ÷ total cash invested (price + all acquisition costs). Unlevered. Not an annual rate.
ROE
Total profit over the whole hold ÷ equity contributed (deposit + all acquisition and finance costs), after debt service. Levered. Not an annual rate.
Cash-on-cash return
Year-one operating cash flow, after debt service where there is a mortgage, ÷ cash invested. Reported separately from ROI/ROE and never merged with it. Year one means the first year of the schedule as it stands: where that year falls before handover it carries no rent, so on a mortgaged off-plan purchase the figure is negative — that is the year you fund out of pocket, and it is shown rather than smoothed away.
IRR
The annualised rate that discounts the dated cash-flow schedule above to a net present value of zero, solved numerically. Where the schedule has no sign change, or the solver does not converge on a single meaningful rate, we print “—” rather than substitute a simpler annualised-return figure.

An illustrative model, not a forecast, a valuation, an offer or investment advice. Every figure is generated from the assumptions on this page — some yours, the rest stated defaults, not promises. Rents, service charges, fees, vacancy, handover dates, financing terms and sale prices vary by unit and over time; past prices are not a guide to future prices. Returns are not guaranteed and capital is at risk.

Mortgage availability, loan-to-value, rate and term are subject to lender criteria and underwriting; nothing here indicates that finance will be offered. Figures exclude any tax payable in your country of residence — take independent financial, tax and legal advice before committing. Mitchell’s Realty is a trading brand; the RERA-licensed entity is The Luxury Real Estate Brokers LLC.

Location

VIDA RESIDENCES CLUB POINT — Dubai Hills Estate

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