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: 2-BR IN VIDA RESIDENCES

Distress Deal

DISTRESS DEAL: 2-BR IN VIDA RESIDENCES

Asking PriceAED 3,100,000
Below Original Price5.8%
Size1265 sq.ft
Bedrooms2
Price / Sq.FtAED 2,451
HandoverQ3 2027
Available
Listed 23 July 2026Status confirmed 3 August 2026

Available when we last checked on 3 August 2026. The asking price shown is the one published when the listing was added on 23 July 2026, 11 days before that check, and it is not re-checked against the market automatically. Confirm availability and price with us before you act on it.

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The numbers

Payment breakdown

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

Distress Deal

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.

Illustrative model

Scenario modeller

Set your own assumptions and see how DISTRESS DEAL: 2-BR IN VIDA RESIDENCES behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.

Listed
23 July 2026

The date this listing was added to our records. The asking price below is the one published then, and was still 11 days old when we last checked this listing on 3 August 2026. It is not re-checked against the market automatically, so confirm it with us before relying on it.

Below original price
5.8%

As stated on this listing: the asking price measured against the original purchase price recorded for this unit. It is not a discount to current market value and not a valuation — a unit priced below what it originally sold for may still be at or above what comparable units achieve today. Check the registered comparables before treating the gap as equity. It is not used in any calculation below.

Asking price per sq.ft
AED 2,451/sqft

The asking price divided by the stated size. Compare it against registered sales in the same building before deciding whether the asking price is competitive.

Handover
Q3 2027

As stated on this listing. Rent cannot start before handover, so on an incomplete unit the early years of the schedule below are holding cost only.

Purchase

Seeded from this page — change it to your figure.

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.

Total cash investedThe purchase price plus every cost of getting the keys. It is the denominator of the ROI, ROE and IRR figures.
AED 3.30M
Price plus every acquisition cost
Illustrative exit price
AED 3.10M
After 5 yr at 0.0% p.a.
Total profit, capital onlyCapital movement over the hold, less every purchase and sale cost and the service charge. It carries no rental income at all, because no rent has been set.
−AED 378k
No rent set — costs and capital only
Net yieldNet operating income (rent collected less management, maintenance and service charge) divided by the purchase price. It cannot be calculated until a gross annual rent is set.
Set a gross annual rent
Cash out, and cash back over 5 years
Cash out at t0AED 3,299,100
Cash back, years 1–5AED 2,921,050

Cash back is below cash out on these assumptions: over the whole hold this purchase returns less than it costs. Read the sensitivity table before drawing a conclusion.

Cash required at completion
Purchase priceAED 3,100,000
DLD transfer fee (4%)AED 124,000
Agency fee (2%)AED 62,000
VAT on agency fee (5%)AED 3,100
Conveyancing, trustee & adminAED 10,000
Total cash investedAED 3,299,100

This is the ROI and IRR denominator: the price plus every cost of getting the keys, not the price alone.

No rental evidence is held for this unit. The rent figure is yours to set — we have not assumed one. Until you enter a gross annual rent, the yield, ROI/ROE and IRR figures reflect capital movement and costs only.

Annual operating position
Gross annual rentAED 0
Vacancy allowance (8%)AED 0
Maintenance & managementAED 0
Service charge (1,265 sq ft at AED 18/sq ft)−AED 22,770
Net operating income−AED 22,770
Cash-flow schedule — the 5-year figures the IRR is solved from
YearNet operating incomeSale proceeds, netNet cash flow
0 · today−AED 3,299,100
1−AED 22,770−AED 22,770
2−AED 22,770−AED 22,770
3−AED 22,770−AED 22,770
4−AED 22,770−AED 22,770
5−AED 22,770AED 3,034,900AED 3,012,130
Years 1–5−AED 113,850AED 3,034,900AED 2,921,050
Less the year-0 outflow of AED 3,299,100 → total profit−AED 378,050

Exit at year 5: illustrative sale price AED 3,100,000 less selling costs AED 65,100 = AED 3,034,900 net. The final column is the schedule the IRR is solved from. Rent is held flat in nominal terms — the rent-growth field is at 0% — as is the service charge, so no inflation is assumed on either side.

Sensitivity — the same purchase at −5% to +5% exit growth
Exit growthExit priceTotal profitROIIRR
−5% p.a.AED 2.40M−AED 1.06M
−3% p.a.AED 2.66M−AED 807k
0% p.a.your figureAED 3.10M−AED 378k
3% p.a.AED 3.59MAED 105k
5% p.a.AED 3.96MAED 460k

Each row re-runs the whole model with only the exit growth rate changed, over the same 5-year hold. The 0% and negative rows are not a worst case — they are simply what the same purchase returns if prices do not rise. Dubai prices have fallen in the past and can fall again. The return columns are shown as “—” until a gross annual rent is set; the total profit column reflects capital movement, purchase and sale costs and the service charge only.

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.

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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 RESIDENCESDubai Hills Estate

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