2-bed · 1,650 sqftVida Residence The Hills B2, The Hills · 4th floor · completed 2019

406, Vida Residence The Hills B2

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 24 September 2024
Last soldAED 3.65M24 September 2024
Current rentAED 270K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Vida Residence The Hills B2

What is 406 worth today?

Last sold for AED 3,650,000 in 2024

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24 Sep 2024SoldReady
AED 3,650,000AED 2,212 per sqft
1 Sep 2023RentedNew contract
AED 270,000/yr12 months · AED 164 per sqft
11 May 2023SoldReady
AED 2,750,000AED 1,666 per sqft
1 Jul 2022RentedNew contract
AED 240,000/yr12 months · AED 145 per sqft
1 Jan 2022RentedRenewal
AED 152,000/yr12 months · AED 92 per sqft
1 Jan 2021RentedNew contract
AED 140,000/yr12 months · AED 85 per sqft
2 Oct 2019RentedNew contract
AED 180,000/yr12 months · AED 109 per sqft
20 Aug 2017Sold by developerOff-plan
AED 2,761,888AED 1,757 per sqft

Source: Dubai Land Department. Updated 24 September 2024.

Key facts

Type
2-bed hotel apartment
Size
1,650 sqft
Floor
4th of 13
Parking
L1-261
Developer
Emaar
Completed
2019
Service charge
AED 65,600 /yr
Last sold
AED 3.65M · September 2024

About 406, Vida Residence The Hills B2

406 is a two-bedroom hotel apartment of 1,650 sqft on the 4th floor of Vida Residence The Hills B2, a 13-storey tower in The Hills completed in 2019 by Emaar. It last sold on 24 September 2024 for AED 3,650,000, or AED 2,212 per sqft, 8% above the AED 2,054 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 September 2023, is AED 270,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 65,600 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, August 2017: AED 2,761,888 (AED 1,757 per sqft)Sold, May 2023: AED 2,750,000 (AED 1,666 per sqft)Sold, September 2024: AED 3,650,000 (AED 2,212 per sqft)

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

Rents
Unit 406, 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, October 2019: AED 180,000 a yearNew contract, January 2021: AED 140,000 a yearRenewal, January 2022: AED 152,000 a yearNew contract, July 2022: AED 240,000 a yearNew contract, September 2023: AED 270,000 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 406 sits

All 53 2-beds →

406 last sold in September 2024 at AED 2,212 per sqft, 8% above what two-beds in Vida Residence The Hills B2 were fetching at the time (AED 2,054). 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. 406's AED 270,000 is in the upper 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
4012-bedAED 2.67M · Feb 2020
4023-bedAED 7.25M · Dec 2025
4033-bedAED 3.73M · Sep 2015
4041-bedAED 1.53M · Jan 2015
4052-bedAED 3.2M · Jun 2024
4072-bedAED 3.3M · Sep 2024
4082-bedAED 2.77M · Nov 2019
1–7 of 8

406, Vida Residence The Hills B2 in numbers

  • Sold 3 times: first on 20 August 2017 for AED 2,761,888, last on 24 September 2024 for AED 3,650,000 (AED 2,212 per sqft).
  • Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 180,000 to AED 140,000 in 2021 and recovered to AED 270,000 by September 2023.
  • At AED 270,000 a year the gross yield on the 2024 price is 7.4%, 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 24 September 2024.

Questions about 406, Vida Residence The Hills B2

What did unit 406 last sell for?

AED 3,650,000 on 24 September 2024: AED 2,212 per sqft for 1,650 sqft. The unit has 3 registered sales; the first was AED 2,761,888 in August 2017.

What is the rent for unit 406?

AED 270,000 a year on the contract signed on 1 September 2023. The previous contract, from July 2022, was AED 240,000; the unit has been rented since October 2019.

How big is unit 406?

1,650 sqft (153.3 sqm): a two-bedroom hotel apartment on the 4th floor of a 13-storey tower completed in 2019.

What is unit 406 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 406, Vida Residence The Hills B2

Starts from the last sale price (AED 3.65M, 24 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

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