3-bed · 2,350 sqftVida Residence The Hills B2, The Hills · 7th floor · completed 2019

702, Vida Residence The Hills B2

Sold prices and rental history: sold 3 times, last in May 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 13 May 2022
Last soldAED 5.3M13 May 2022
Current rentAED 225K /yr27 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Vida Residence The Hills B2

What is 702 worth today?

Last sold for AED 5,300,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

13 May 2022SoldReady
AED 5,300,000AED 2,255 per sqft
27 Sep 2021RentedRenewal
AED 225,000/yr12 months · AED 96 per sqft
27 Sep 2020RentedRenewal
AED 220,000/yr12 months · AED 94 per sqft
27 Sep 2019RentedNew contract
AED 230,000/yr12 months · AED 98 per sqft
9 Feb 2016SoldOff-plan
AED 4,496,888AED 1,913 per sqft
7 Feb 2016Sold by developerOff-plan
AED 4,496,888AED 1,913 per sqft

Source: Dubai Land Department. Updated 13 May 2022.

Key facts

Type
3-bed hotel apartment
Size
2,350 sqft
Floor
7th of 13
Parking
L1-6 ,L1-5
Developer
Emaar
Completed
2019
Service charge
AED 93,500 /yr
Last sold
AED 5.3M · May 2022

About 702, Vida Residence The Hills B2

702 is a three-bedroom hotel apartment of 2,350 sqft on the 7th floor of Vida Residence The Hills B2, a 13-storey tower in The Hills completed in 2019 by Emaar. It last sold on 13 May 2022 for AED 5,300,000, or AED 2,255 per sqft, 5% above the AED 2,141 three-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 27 September 2021, is AED 225,000 a year: a gross yield of 4.3% on the 2022 price, before the service charge of about AED 93,500 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical three-bed in Vida Residence The Hills B2
4M6M20142017202020232026Typical sale price by year: 2014 AED 4,368,932; 2015 AED 3,745,888; 2016 AED 4,496,888; 2020 AED 3,768,888; 2022 AED 4,450,000; 2023 AED 4,950,000; 2024 AED 5,825,000; 2025 AED 6,175,000Sold, February 2016: AED 4,496,888 (AED 1,913 per sqft)Sold by developer, February 2016: AED 4,496,888 (AED 1,913 per sqft)Sold, May 2022: AED 5,300,000 (AED 2,255 per sqft)

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

Rents
Unit 702, each contractTypical three-bed in Vida Residence The Hills B2
200K300K400K20192021202320252027Typical rent by year: 2019 AED 220,000; 2020 AED 217,500; 2021 AED 233,900; 2022 AED 330,000; 2023 AED 382,553; 2024 AED 371,250; 2025 AED 400,000; 2026 AED 349,033New contract, September 2019: AED 230,000 a yearRenewal, September 2020: AED 220,000 a yearRenewal, September 2021: AED 225,000 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 B2, and where 702 sits

All 38 3-beds →

702 last sold in May 2022 at AED 2,255 per sqft, 5% above what three-beds in Vida Residence The Hills B2 were fetching at the time (AED 2,141). Over the last 12 months three-beds sold for AED 6,000,000 to 7,250,000, around AED 3,085 per sqft, and rent for AED 49,955 to 400,000 a year. 702's AED 225,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Jun 20266,000,000
25 Feb 20267,100,000
11 Dec 20257,250,000
15 Sep 20255,850,000
3 3-bed sales 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
7012-bedAED 2.68M · Oct 2015
7033-bedAED 90K · Feb 2025
7041-bedAED 1.79M · Aug 2022
7052-bedAED 2.56M · Oct 2019
7062-bedAED 3.1M · Oct 2023
7072-bedAED 3.17M · Jun 2014
7082-bedAED 3.28M · Mar 2023
1–7 of 8

702, Vida Residence The Hills B2 in numbers

  • Sold 3 times: first on 7 February 2016 for AED 4,496,888, last on 13 May 2022 for AED 5,300,000 (AED 2,255 per sqft).
  • Rented since September 2019 on 3 Ejari contracts, from AED 230,000 to AED 225,000 a year.
  • At AED 225,000 a year the gross yield on the 2022 price is 4.3%, before a service charge of about AED 93,500 a year (AED 39.79 per sqft).
  • Three-beds in Vida Residence The Hills B2 sold for AED 6,000,000–7,250,000 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 13 May 2022.

Questions about 702, Vida Residence The Hills B2

What did unit 702 last sell for?

AED 5,300,000 on 13 May 2022: AED 2,255 per sqft for 2,350 sqft. The unit has 3 registered sales; the first was AED 4,496,888 in February 2016.

What is the rent for unit 702?

AED 225,000 a year on the contract renewed on 27 September 2021. The previous contract, from September 2020, was AED 220,000; the unit has been rented since September 2019.

How big is unit 702?

2,350 sqft (218.3 sqm): a three-bedroom hotel apartment on the 7th floor of a 13-storey tower completed in 2019.

What is unit 702 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 B2 sold for AED 6,000,000 to 7,250,000 in the last 12 months, around AED 3,085 per sqft.

Selling 702? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 702, Vida Residence The Hills B2

Starts from the last sale price (AED 5.3M, 13 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,300,000
Deposit, UAE resident (20%)
AED 1,060,000
Deposit, non-resident (40%)
AED 2,120,000
Monthly over 25 years at 3.7%
AED 21,684

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