Palm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO OCT 2026
SoldDISTRESS DEAL: 1-BR IN VIDA RESIDENCES CLUB POINT — distress deal in Dubai Hills Estate from Mitchell's Commercial Real EstateVIDA RESIDENCES CLUB POINT · Dubai Hills Estate

Emaar · Dubai Hills Estate

DISTRESS DEAL: 1-BR IN VIDA RESIDENCES CLUB POINT

Asking price as listedAED 1,620,000AED 2,169 per sq.ft
Original price + DLDAED 1,699,360
DiscountAED 79,3604.7% below original price
Unit
1-BR
Size
747 sq.ft
Developer
Emaar
Handover
Q1 2029

The discount is measured against the original price + DLD recorded for this unit, not against a valuation.

Sold
Listed 13 March 2026Status confirmed 17 September 2026

This unit has sold. 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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Payment breakdown

Total cost for buyer, as listedAED 1,724,110The unit price plus the transfer fees and commission — the whole commitment, not the headline.
Unit priceAED 1,620,000
Fees and commissionAED 104,110
Step 01Due at transferAED 743,178Payable when the unit transfers to the buyer.
  • Payment to sellerAED 639,068
  • DLD Transfer fee 4% + 40 AEDAED 64,840
  • DLD Registration Trustee fee + 5% VATAED 5,250
  • Buyer's agent commission 2% + 5% VATAED 34,020
  • Total on transferAED 743,178
Step 02Payable to Emaar after transferAED 980,932The balance of the payment plan, which the buyer takes over.
  • 20% ConstructionAED 163,489
  • 30% ConstructionAED 81,744
  • 50% ConstructionAED 163,489
  • 70% ConstructionAED 81,744
  • 90% ConstructionAED 163,489
  • 100% Construction and HandoverAED 326,977
  • Total remaining payment planAED 980,932

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Layout

Floor plan

Floor plan for DISTRESS DEAL: 1-BR IN VIDA RESIDENCES CLUB POINTFloor planView full size

Floor plan

Floor plan for DISTRESS DEAL: 1-BR IN VIDA RESIDENCES CLUB POINT

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.

Location

VIDA RESIDENCES CLUB POINT — Dubai Hills Estate

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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 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.

Your figure — we publish none. A month vacant plus re-letting time is roughly 8%, if that fits your building.

Your figure — we publish none. Letting fees and routine repairs.

Your figure — we publish none. Look your building up on Mollak — rates run AED 3 to AED 30+.

Acquisition costs

4% is the Dubai standard.

Buyer-side. 5% VAT added.

Your figure — we publish none. The trustee tariff is tiered and the admin lines vary by office; ask your trustee office for the total, and add your NOC and any legal quote.

Exit

1 to 40 years.

0% by default: we publish no price forecasts.

5% VAT added automatically.

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Enter the asking price to run the model.

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

Method
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 Commercial Real Estate is a trading brand; the RERA-licensed broker is Stephen James Mitchell, BRN 68593.

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