2-bed · 1,650 sqftVida Residence The Hills B2, The Hills · 2nd floor · completed 2019

206, Vida Residence The Hills B2

Sold prices and rental history: sold 3 times, last in November 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 14 November 2023
Last soldAED 2.9M14 November 2023
Current rentAED 170K /yr15 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Vida Residence The Hills B2

What is 206 worth today?

Last sold for AED 2,900,000 in 2023

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14 Nov 2023SoldReady
AED 2,900,000AED 1,757 per sqft
15 Sep 2021RentedNew contract
AED 170,000/yr12 months · AED 103 per sqft
10 Sep 2020RentedNew contract
AED 145,000/yr12 months · AED 88 per sqft
13 Oct 2016SoldOff-plan
AED 2,832,793AED 1,802 per sqft
26 Mar 2014Sold by developerOff-plan
AED 2,981,888AED 1,807 per sqft

Source: Dubai Land Department. Updated 14 November 2023.

Key facts

Type
2-bed hotel apartment
Size
1,650 sqft
Floor
2nd of 13
Parking
L1-263
Developer
Emaar
Completed
2019
Service charge
AED 65,600 /yr
Last sold
AED 2.9M · November 2023

About 206, Vida Residence The Hills B2

206 is a two-bedroom hotel apartment of 1,650 sqft on the 2nd floor of Vida Residence The Hills B2, a 13-storey tower in The Hills completed in 2019 by Emaar. It last sold on 14 November 2023 for AED 2,900,000, or AED 1,757 per sqft, 7% below the AED 1,890 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 15 September 2021, is AED 170,000 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 65,600 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical two-bed in Vida Residence The Hills B2
3M4M20142017202020232026Typical sale price by year: 2014 AED 2,967,388; 2015 AED 2,718,888; 2016 AED 2,796,388; 2017 AED 2,763,388; 2018 AED 2,500,000; 2019 AED 2,698,888; 2020 AED 2,668,888; 2021 AED 2,400,000; 2022 AED 2,800,000; 2023 AED 2,950,000; 2024 AED 3,400,000; 2025 AED 4,000,000Sold by developer, March 2014: AED 2,981,888 (AED 1,807 per sqft)Sold, October 2016: AED 2,832,793 (AED 1,802 per sqft)Sold, November 2023: AED 2,900,000 (AED 1,757 per sqft)

206 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 206, each contractTypical two-bed in Vida Residence The Hills B2
200K20192021202320252027Typical rent by year: 2019 AED 160,000; 2020 AED 150,000; 2021 AED 165,000; 2022 AED 220,000; 2023 AED 264,000; 2024 AED 260,000; 2025 AED 265,357; 2026 AED 241,972New contract, September 2020: AED 145,000 a yearNew contract, September 2021: AED 170,000 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 B2, and where 206 sits

All 53 2-beds →

206 last sold in November 2023 at AED 1,757 per sqft, 7% below what two-beds in Vida Residence The Hills B2 were fetching at the time (AED 1,890). Over the last 12 months two-beds sold for AED 4,300,000, around AED 3,108 per sqft, and rent for AED 120,000 to 300,000 a year. 206's AED 170,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Nov 20254,300,000
30 Jul 20254,350,000
15 May 20254,000,000
11 Apr 20253,900,000
1 2-bed sale in the last 12 months

Vida Residence The Hills B2

Building

111 apartments, 1-bed to 3-bed over 13 floors in The Hills, completed in 2019 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 2,984
Typical sale
AED 5.15M
Typical rent
AED 242K /yr
Typical yield
5.5%
Vida Residence The Hills B2, The Hills: prices, sales and rents →
Value
2012-bedAED 3M · Jul 2022
2023-bedAED 4.84M · Nov 2022
2033-bedAED 1.86M · Sep 2022
2041-bedAED 1.5M · Feb 2018
2052-bedAED 2.55M · Jan 2017
2072-bedAED 2.9M · Jun 2024
2082-bedAED 3.1M · Jun 2023
1–7 of 8

206, Vida Residence The Hills B2 in numbers

  • Sold 3 times: first on 26 March 2014 for AED 2,981,888, last on 14 November 2023 for AED 2,900,000 (AED 1,757 per sqft).
  • Rented since September 2020 on 2 Ejari contracts, from AED 145,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2023 price is 5.9%, before a service charge of about AED 65,600 a year (AED 39.79 per sqft).
  • Two-beds in Vida Residence The Hills B2 sold for AED 4,300,000–4,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,984 per sqft.

Source: Dubai Land Department. Updated 14 November 2023.

Questions about 206, Vida Residence The Hills B2

What did unit 206 last sell for?

AED 2,900,000 on 14 November 2023: AED 1,757 per sqft for 1,650 sqft. The unit has 3 registered sales; the first was AED 2,981,888 in March 2014.

What is the rent for unit 206?

AED 170,000 a year on the contract signed on 15 September 2021. The previous contract, from September 2020, was AED 145,000.

How big is unit 206?

1,650 sqft (153.3 sqm): a two-bedroom hotel apartment on the 2nd floor of a 13-storey tower completed in 2019.

What is unit 206 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 B2 sold for AED 4,300,000 to 4,300,000 in the last 12 months, around AED 3,108 per sqft.

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Mortgage on 206, Vida Residence The Hills B2

Starts from the last sale price (AED 2.9M, 14 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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