2-bed · 1,631 sqftVida Residence The Hills B1, The Hills · 10th floor · completed 2019

1003, Vida Residence The Hills B1

Sold prices and rental history: sold once, by the developer in December 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 27 August 2024
Last soldAED 2.9M30 December 2015
Current rentAED 300K /yr27 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Vida Residence The Hills B1

What is 1003 worth today?

Last sold for AED 2,895,888 in 2015

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27 Aug 2024RentedNew contract
AED 300,000/yr12 months · AED 179 per sqft
20 Apr 2023RentedNew contract
AED 300,000/yr13 months · AED 179 per sqft
10 May 2022RentedNew contract
AED 250,000/yr12 months · AED 149 per sqft
27 Oct 2021RentedRenewal
AED 155,000/yr12 months · AED 92 per sqft
27 Oct 2020RentedNew contract
AED 155,000/yr12 months · AED 92 per sqft
24 Nov 2019RentedNew contract
AED 165,000/yr12 months · AED 98 per sqft
30 Dec 2015Sold by developerOff-plan
AED 2,895,888AED 1,775 per sqft

Source: Dubai Land Department. Updated 27 August 2024.

Key facts

Type
2-bed hotel apartment
Size
1,631 sqft
Floor
10th of 13
Parking
L1-61 ,L1-61A
Developer
Emaar
Completed
2019
Service charge
AED 64,900 /yr
Last sold
AED 2.9M · December 2015

About 1003, Vida Residence The Hills B1

1003 is a two-bedroom hotel apartment of 1,631 sqft on the 10th floor of Vida Residence The Hills B1, a 13-storey tower in The Hills completed in 2019 by Emaar. The developer sold it on 30 December 2015 for AED 2,895,888, or AED 1,775 per sqft, 4% above the AED 1,704 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 27 August 2024, is AED 300,000 a year: a gross yield of 10.4% on the 2015 price, before the service charge of about AED 64,900 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical two-bed in Vida Residence The Hills B1
3M4M20142017202020232026Typical sale price by year: 2014 AED 3,024,252; 2015 AED 2,894,888; 2019 AED 2,494,888; 2023 AED 3,500,000; 2025 AED 4,200,000Sold by developer, December 2015: AED 2,895,888 (AED 1,775 per sqft)

1003 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1003, each contractTypical two-bed in Vida Residence The Hills B1
200K300K2019202120232025Typical rent by year: 2020 AED 155,000; 2021 AED 157,500; 2022 AED 245,000; 2023 AED 300,000; 2024 AED 265,000New contract, November 2019: AED 165,000 a yearNew contract, October 2020: AED 155,000 a yearRenewal, October 2021: AED 155,000 a yearNew contract, May 2022: AED 250,000 a yearNew contract, April 2023: AED 300,000 a yearNew contract, August 2024: AED 300,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Vida Residence The Hills B1, and where 1003 sits

All 13 2-beds →

1003 last sold in December 2015 at AED 1,775 per sqft, 4% above what two-beds in Vida Residence The Hills B1 were fetching at the time (AED 1,704). Over the last 12 months two-beds sold for AED 4,000,000 to 4,800,000, around AED 2,477 per sqft, and rent for AED 250,000 to 250,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Sep 20264,000,000
21 Jan 20264,800,000
12 Jun 20254,500,000
24 Feb 20253,500,000
2 2-bed sales in the last 12 months

Vida Residence The Hills B1

Building

26 apartments, 1-bed to 3-bed over 13 floors in The Hills, completed in 2019 by Emaar. 5 sold in the last 12 months.

Typical price per sqft
AED 2,704
Typical sale
AED 7.3M
Typical rent
AED 250K /yr
Typical yield
6.2%
Vida Residence The Hills B1, The Hills: prices, sales and rents →

Other units on the 10th floor

All 26 units in Vida Residence The Hills B1
Value
10013-bedAED 4.15M · Apr 2014
10022-bedAED 3.6M · Mar 2024
10043-bedAED 6.03M · Oct 2014
10052-bedAED 4.2M · Jan 2025
10061-bedAED 1.15M · Nov 2020

1003, Vida Residence The Hills B1 in numbers

  • Sold once: by Emaar on 30 December 2015 for AED 2,895,888, or AED 1,775 per sqft.
  • Rented since November 2019 on 6 Ejari contracts, from AED 165,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2015 price is 10.4%, before a service charge of about AED 64,900 a year (AED 39.79 per sqft).
  • Two-beds in Vida Residence The Hills B1 sold for AED 4,000,000–4,800,000 in the 12 months to November 2026; the building's median across all types is AED 2,704 per sqft.

Source: Dubai Land Department. Updated 27 August 2024.

Questions about 1003, Vida Residence The Hills B1

What did unit 1003 last sell for?

AED 2,895,888 on 30 December 2015, sold by the developer: AED 1,775 per sqft for 1,631 sqft. It is the only registered sale of the unit.

What is the rent for unit 1003?

AED 300,000 a year on the contract signed on 27 August 2024. The previous contract, from April 2023, was AED 300,000; the unit has been rented since November 2019.

How big is unit 1003?

1,631 sqft (151.5 sqm): a two-bedroom hotel apartment on the 10th floor of a 13-storey tower completed in 2019.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Vida Residence The Hills B1 sold for AED 4,000,000 to 4,800,000 in the last 12 months, around AED 2,477 per sqft.

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Mortgage on 1003, Vida Residence The Hills B1

Starts from the last sale price (AED 2.9M, 30 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,895,888
Deposit, UAE resident (20%)
AED 579,178
Deposit, non-resident (40%)
AED 1,158,355
Monthly over 25 years at 3.7%
AED 11,848

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →