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3-bed · 2,351 sqftVida Residence The Hills B1, The Hills · 13th floor · completed 2019

1301, Vida Residence The Hills B1

Sold prices and rental history: sold once, by the developer in September 2021, and rented once, from March 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 11 March 2022
Last soldAED 4.98M26 September 2021
Current rentAED 350K /yr11 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1301, Vida Residence The Hills B1

What is 1301 worth today?

Last sold for AED 4,978,888 in 2021

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11 Mar 2022RentedNew contract
AED 350,000/yr12 months · AED 149 per sqft
26 Sep 2021Sold by developerReady
AED 4,978,888AED 2,117 per sqft

Source: Dubai Land Department. Updated 11 March 2022.

Key facts

Type
3-bed hotel apartment
Size
2,351 sqft
Floor
13th of 13
Parking
L1-200 ,L1-201
Developer
Emaar
Completed
2019
Service charge
AED 93,600 /yr
Last sold
AED 4.98M · September 2021
Building
Vida Residence The Hills B1

About 1301, Vida Residence The Hills B1

1301 is a three-bedroom hotel apartment of 2,351 sqft on the 13th floor of Vida Residence The Hills B1, a 13-storey tower in The Hills completed in 2019 by Emaar. The developer sold it on 26 September 2021 for AED 4,978,888, or AED 2,117 per sqft, 28% above the AED 1,653 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 11 March 2022. The current contract, signed on 11 March 2022, is AED 350,000 a year: a gross yield of 7.0% on the 2021 price, before the service charge of about AED 93,600 a year.

Sales and rents for 1301 over time

Sales
Unit 1301, each saleTypical three-bed in Vida Residence The Hills B1
4M5M6M2014201720202023Typical sale price by year: 2014 AED 5,030,388; 2020 AED 4,038,888; 2022 AED 6,000,000Sold by developer, September 2021: AED 4,978,888 (AED 2,117 per sqft)

1301 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1301, each contractTypical three-bed in Vida Residence The Hills B1
200K400K2019202120232025Typical rent by year: 2019 AED 200,000; 2020 AED 215,000; 2021 AED 280,000; 2022 AED 315,000; 2023 AED 425,000; 2024 AED 414,750New contract, March 2022: AED 350,000 a year

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

3-beds in Vida Residence The Hills B1, and where 1301 sits

All 9 3-beds →

1301 last sold in September 2021 at AED 2,117 per sqft, 28% above what three-beds in Vida Residence The Hills B1 were fetching at the time (AED 1,653). Over the last 12 months three-beds sold for AED 7,300,000 to 9,700,000, around AED 2,885 per sqft, and rent for AED 390,000 to 414,800 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Feb 20267,500,000
29 Nov 20257,300,000
19 Nov 20259,700,000
25 May 20235,910,000
3 3-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 →

1301, Vida Residence The Hills B1 in numbers

  • Sold once: by Emaar on 26 September 2021 for AED 4,978,888, or AED 2,117 per sqft.
  • Rented since March 2022 on one Ejari contract, at AED 350,000 a year.
  • At AED 350,000 a year the gross yield on the 2021 price is 7.0%, before a service charge of about AED 93,600 a year (AED 39.79 per sqft).
  • Three-beds in Vida Residence The Hills B1 sold for AED 7,300,000–9,700,000 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 11 March 2022.

Questions about 1301, Vida Residence The Hills B1

What did unit 1301 last sell for?

AED 4,978,888 on 26 September 2021, sold by the developer: AED 2,117 per sqft for 2,351 sqft. It is the only registered sale of the unit.

What is the rent for unit 1301?

AED 350,000 a year on the contract signed on 11 March 2022.

How big is unit 1301?

2,351 sqft (218.4 sqm): a three-bedroom hotel apartment on the 13th floor of a 13-storey tower completed in 2019.

What is unit 1301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Vida Residence The Hills B1 sold for AED 7,300,000 to 9,700,000 in the last 12 months, around AED 2,885 per sqft.

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Mortgage on 1301, Vida Residence The Hills B1

Starts from the last sale price (AED 4.98M, 26 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 4,978,888
Deposit, UAE resident (20%)
AED 995,778
Deposit, non-resident (40%)
AED 1,991,555
Monthly over 25 years at 3.7%
AED 20,370

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