Vida Residence Dubai Marina - Dubai Marina  

Vida Residence Dubai Marina is a project by Emaar which will be launched in March 2017. This high-rise building will be built on the current site of the Marina Yacht Club. Upon completion, it will be considered among the most luxurious and highly valued buildings in the marina. More information to follow shortly.

Master Community: Dubai Marina
Property Types Available: Apartments, Hotels, Hotel Serviced Apartments
Location: Sheikh Zayed Road
Status: Under Construction
Year Launched: 2017
Estimated Completion Date: December 2020
Developer: Emaar
Title Type: Freehold
Quality Classification: Luxury
Height Classification: High-rise
Life Cycle: Under Contruction
Special Classification: Water-front Community, Very close to Metro Station, Very close to Tram
Under-Construction Apartments: 360
Floors: 56

Lookup.ae reports prices and transactional information for Dubai Marina

Investment Feasibility & Decision Drivers

Snapshot summary for investing in Vida Residence Dubai Marina

Investment Score

Value for Money
80%
Project Uniqueness
100%
Location & Connectivity
100%
Rental Yield Expectation
60%
Capital Growth Expectation
80%
More information on investment scores

Total Score

Synopsis

Sale Status: Developer Sold out. Units available from secondary market.

Payment Plan: Somewhat investor friendly

Ideal for: End-Users & Investors

Price Range: AED 1,800 PSF - AED 2,200 PSF

Unit Types Available: Apartment, Hotel, Hotel Serviced Apartment

Speak to an Expert Now

What Our Experts Think

This project was sold out entirely within 3 days of launch in March 2017.

Vida Residence is part hotel part residences; the project is located at the site of the current Marina Yacht Club. The existing Yacht Club will be demolished and will be repalced with a larger, more grand facility. The Vida Residence Marina will tower over the new Yacht Club.

Launch prices of apartments were as follows:

1 Beds from AED 1.3 - 1.7 M

2 Beds from AED 2.2 - 2.5 M

3 Beds fom AED 3.1 - 3.5 M

Units can now be bought from the secondary market. Contact a project specialist to learn more.

Vida Residence Dubai Marina - Sales to commence by mid-March 2017

Contact +971.50.708.6765 to learn more or to pre-register your interest for the sales event

Subscribe to Lookup.ae’s Mailing List to receive property news and opportunity alerts.

About Vida Residence Dubai Marina

General Guide

- Announced on March 12th, 2017

- This tower will rise 50 storeys and consist of 360 units

- Unit breakup: 105 one beds, 148 two beds, 90 three beds and 17 four beds

- Front facing units will have views of the marina, sea; while back facing units will have views towards Sheikh Zayed Road / Marina community

- The hotel component of the project will be between floors 8 - 12

- Level 13 is for building ameneties

- These are branded residences not serviced apartments so they will not be furnished units.

- The Vida Residence will be located above the new Yacht Club which is also part of the development.

Original Payment Plan

  • 1st Installment 5% on Purchase Date
  • 2nd Installment 10% on June 2017
  • 3rd Installment 10% on September 2017
  • 4th Installment 10% on March 2018
  • 5th Installment 10% on August 2018 (10% Construction Completion)
  • 6th installment 10% on March 2019 (30% Construction Completion)
  • 7th installment 10% on September 2019 (50% Construction Completion)
  • 8th installment 10% on February 2020 (70% Construction Completion)
  • 9th installment 10% on July 2020 (90% Construction Completion)
  • Last installment 20% on July 2020 (100% Construction Completion)
  • 1 Bedrooms

    TYPE A: 998 - 1017 sq. ft. - largest unit type, back facing

    TYPE B & C: 746 - 753 sq. ft - smaller unit types, back facing

    TYPE D & E: 684 - 690 sq. ft.- smallest unit types, partial marina

    TYPE F & G: 833 - 848 sq. ft. - full marina views

    2 Bedrooms

    TYPE A: 1250 - 1262 sq. ft. - back facing

    TYPE B & C: 1153 - 1164 sq. ft. - back facing, corner unit

    TYPE D & E: 1101 - 1118 sq. ft. - full marina views, corner units

    3 Bedrooms

    TYPE A & B: 1,670 sq. ft. - full marina view from 14 - 19 floors

    TYPE C & D: 1667 - 1679 sq. ft. - full marina views 20 - 54 floors

    ------------------------------------------------------------------------------------------------------------------

    Project Completion Status (as per DLD): 0% (as of May 10, 2017)

    Dubai Land Classification & Escrow Account Details:

    Land Number: 182

    Project Number: 1831

    Real Estate Developer: Emaar Properties

    Trust Account Number: 3-537395784403

    Account Trustee Name: EMIRATES ISLAMIC BANK

    RERA Permit No : 15128

    Brokerage Firm: Taktical Realty Group LLC

Positives of Vida Residence Dubai Marina

Amenities of Vida Residence Dubai Marina

Help us to improve this section