Emaar VIDA Residence Downtown Dubai    

VIDA Residence is located at the intersection of Sheikh Mohammed bin Rashid Boulevard and Emaar Boulevard. Three main Dubai highways, namely Sheikh Zayed Road, Financial Center Road, Al Khail Road, surround the residential community. Through this neighborhood, residents of the complex can quickly get to any point in the city.

Downtown Dubai can be truly named as the heart of Dubai. Restaurants, educational institutions, clinics, beauty salons are concentrated here.

At the beginning of 2020, about 5 000 residential properties were put up for sale on the Dubai real estate market. According to analysts, now the total number of residential properties for sale is 555,000.

The construction of such a large number of property units is explained by a high level of tourist flow during the Expo 2020 exhibition. At the same time, all infrastructure facilities near the exhibition venue were built for future use for many years.

Due to the postponement of the Expo 2020 and the decline in real estate prices in Dubai, investors could to make a profitable, long term investment of their funds. For example, the rental rate of a 1BR in VIDA Residence is AED 120,000. Thus, the short-term rent can bring up to ROI of 8.8%. Besides developers in Dubai, the growth in sales is noted by private developers who effectively use marketing and digital platforms.