The pricing context
Per-square-foot pricing at Vida Residences sits in the upper-middle of Downtown, reflecting Vida brand and generous floor plates. Specific transaction data should be pulled from the DLD's public record.
| Per-sqft pricing band | Brand-tier (above mid-tier, below Address-tier) |
|---|---|
| Building age | ~7 years (May 2019) |
| Most-traded unit type | 1- and 2-bedroom |
| Long-let yield | 5.1% on 1BR |
| Active transaction history | 6 years of DLD comparables |
What's driving the trend
Three forces. Downtown cycle drives most directional movement. Vida brand premium provides a structural floor that compresses cycle volatility. Generous floor plates support tenant demand and rental rates per square foot.
How to read pricing
Building averages mask intra-development spread by view side and floor band. Pull DLD comparables on the same stack and floor band as the unit you're considering.
Vida Residences sits in the brand-tier band — above mid-tier Emaar and below Address Downtown / Burj Khalifa.