2-bed · 1,650 sqftVida Residence The Hills B2, The Hills · 3rd floor · completed 2019

306, Vida Residence The Hills B2

Sold prices and rental history: sold twice, last in May 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 31 May 2023
Last soldAED 2.8M31 May 2023
Current rentAED 144K /yr3 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Vida Residence The Hills B2

What is 306 worth today?

Last sold for AED 2,800,000 in 2023

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31 May 2023SoldReady
AED 2,800,000AED 1,697 per sqft
3 Nov 2021RentedNew contract
AED 144,000/yr12 months · AED 87 per sqft
3 Nov 2020RentedRenewal
AED 144,000/yr12 months · AED 87 per sqft
3 Nov 2019RentedNew contract
AED 142,000/yr12 months · AED 86 per sqft
15 Jun 2015Sold by developerOff-plan
AED 2,757,888AED 1,754 per sqft

Source: Dubai Land Department. Updated 31 May 2023.

Key facts

Type
2-bed hotel apartment
Size
1,650 sqft
Floor
3rd of 13
Parking
L1-262
Developer
Emaar
Completed
2019
Service charge
AED 65,600 /yr
Last sold
AED 2.8M · May 2023

About 306, Vida Residence The Hills B2

306 is a two-bedroom hotel apartment of 1,650 sqft on the 3rd floor of Vida Residence The Hills B2, a 13-storey tower in The Hills completed in 2019 by Emaar. It last sold on 31 May 2023 for AED 2,800,000, or AED 1,697 per sqft, in line with the AED 1,736 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 3 November 2021, is AED 144,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 65,600 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, June 2015: AED 2,757,888 (AED 1,754 per sqft)Sold, May 2023: AED 2,800,000 (AED 1,697 per sqft)

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

Rents
Unit 306, 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, November 2019: AED 142,000 a yearRenewal, November 2020: AED 144,000 a yearNew contract, November 2021: AED 144,000 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 306 sits

All 53 2-beds →

306 last sold in May 2023 at AED 1,697 per sqft, in line with what two-beds in Vida Residence The Hills B2 were fetching at the time (AED 1,736). 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. 306's AED 144,000 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
3012-bedAED 2.66M · Dec 2015
3023-bedAED 5.3M · Sep 2022
3033-bedAED 6M · Jun 2026
3041-bedAED 1.2M · Mar 2017
3052-bedAED 2.2M · Jul 2017
3072-bedAED 3.9M · Apr 2025
3082-bedAED 2.76M · Apr 2016
1–7 of 8

306, Vida Residence The Hills B2 in numbers

  • Sold twice: first on 15 June 2015 for AED 2,757,888, last on 31 May 2023 for AED 2,800,000 (AED 1,697 per sqft).
  • Rented since November 2019 on 3 Ejari contracts, from AED 142,000 to AED 144,000 a year.
  • At AED 144,000 a year the gross yield on the 2023 price is 5.1%, 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 31 May 2023.

Questions about 306, Vida Residence The Hills B2

What did unit 306 last sell for?

AED 2,800,000 on 31 May 2023: AED 1,697 per sqft for 1,650 sqft. The unit has 2 registered sales; the first was AED 2,757,888 in June 2015.

What is the rent for unit 306?

AED 144,000 a year on the contract signed on 3 November 2021. The previous contract, from November 2020, was AED 144,000; the unit has been rented since November 2019.

How big is unit 306?

1,650 sqft (153.3 sqm): a two-bedroom hotel apartment on the 3rd floor of a 13-storey tower completed in 2019.

What is unit 306 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 306, Vida Residence The Hills B2

Starts from the last sale price (AED 2.8M, 31 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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