2-bed · 1,809 sqftVida Residences A1&A2 - The Hills A, The Hills · 2nd floor · completed 2019

R2-203, Vida Residences A1&A2 - The Hills A

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

Unit R2-203 · DLD and Ejari recordsUpdated 27 April 2022
Last soldAED 2.15M27 April 2022
Current rentAED 100K /yr13 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R2-203, Vida Residences A1&A2 - The Hills A

What is R2-203 worth today?

Last sold for AED 2,150,000 in 2022

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27 Apr 2022SoldReady
AED 2,150,000AED 1,188 per sqft
13 Apr 2021RentedRenewal
AED 100,000/yr12 months · AED 55 per sqft
13 Apr 2020RentedRenewal
AED 110,000/yr12 months · AED 61 per sqft
13 Apr 2019RentedNew contract
AED 110,000/yr12 months · AED 61 per sqft
23 Dec 2013Sold by developerOff-plan
AED 2,020,888AED 1,117 per sqft

Source: Dubai Land Department. Updated 27 April 2022.

Key facts

Type
2-bed apartment
Size
1,809 sqft
Floor
2nd of 14
Parking
B-202
Developer
Emaar
Completed
2019
Service charge
AED 72,000 /yr
Last sold
AED 2.15M · April 2022

About R2-203, Vida Residences A1&A2 - The Hills A

R2-203 is a two-bedroom apartment of 1,809 sqft on the 2nd floor of Vida Residences A1&A2 - The Hills A, a 14-storey tower in The Hills completed in 2019 by Emaar. It last sold on 27 April 2022 for AED 2,150,000, or AED 1,188 per sqft, 10% below the AED 1,323 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 13 April 2021, is AED 100,000 a year: a gross yield of 4.7% on the 2022 price, before the service charge of about AED 72,000 a year.

Sales and rents for R2-203 over time

Sales
Unit R2-203, each saleTypical two-bed in Vida Residences A1&A2 - The Hills A
1M2M3M2013201720212025Typical sale price by year: 2013 AED 1,584,888; 2014 AED 1,799,036; 2015 AED 1,731,944; 2016 AED 1,850,000; 2017 AED 1,764,310; 2019 AED 1,392,500; 2020 AED 1,250,000; 2021 AED 1,590,000; 2022 AED 2,150,000; 2023 AED 2,186,944; 2024 AED 3,038,000; 2025 AED 2,925,000; 2026 AED 2,850,000Sold by developer, December 2013: AED 2,020,888 (AED 1,117 per sqft)Sold, April 2022: AED 2,150,000 (AED 1,188 per sqft)

R2-203 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit R2-203, each contractTypical two-bed in Vida Residences A1&A2 - The Hills A
100K150K20192021202320252027Typical rent by year: 2019 AED 100,000; 2020 AED 100,000; 2021 AED 100,000; 2022 AED 115,000; 2023 AED 135,000; 2024 AED 155,000; 2025 AED 155,000; 2026 AED 160,000New contract, April 2019: AED 110,000 a yearRenewal, April 2020: AED 110,000 a yearRenewal, April 2021: AED 100,000 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 Residences A1&A2 - The Hills A, and where R2-203 sits

All 66 2-beds →

R2-203 last sold in April 2022 at AED 1,188 per sqft, 10% below what two-beds in Vida Residences A1&A2 - The Hills A were fetching at the time (AED 1,323). Over the last 12 months two-beds sold for AED 2,650,000 to 3,450,000, around AED 2,060 per sqft, and rent for AED 128,700 to 215,000 a year. R2-203's AED 100,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Jun 20262,850,000
27 Feb 20263,450,000
26 Feb 20262,900,000
20 Feb 20262,650,000
6 2-bed sales in the last 12 months

Vida Residences A1&A2 - The Hills A

Building

205 apartments, 1-bed to 5-bed over 14 floors in The Hills, completed in 2019 by Emaar. 11 sold in the last 12 months.

Typical price per sqft
AED 2,140 Down 5.0%
Typical sale
AED 2.9M
Typical rent
AED 160K /yr
Typical yield
5.8%
Vida Residences A1&A2 - The Hills A, The Hills: prices, sales and rents →
Value
R1-2013-bedAED 3.9M · Jan 2024
R1-2023-bedAED 2.5M · Dec 2013
R1-2033-bedAED 2.52M · Mar 2014
R1-2043-bedAED 2.51M · Dec 2013
R1-2052-bedAED 2.65M · Mar 2019
R1-2062-bedAED 1.94M · Sep 2016
R1-2071-bedAED 1.63M · Aug 2024
1–7 of 18

R2-203, Vida Residences A1&A2 - The Hills A in numbers

  • Sold twice: first on 23 December 2013 for AED 2,020,888, last on 27 April 2022 for AED 2,150,000 (AED 1,188 per sqft).
  • Rented since April 2019 on 3 Ejari contracts, from AED 110,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 4.7%, before a service charge of about AED 72,000 a year (AED 39.79 per sqft).
  • Two-beds in Vida Residences A1&A2 - The Hills A sold for AED 2,650,000–3,450,000 in the 12 months to November 2026; the building's median across all types is AED 2,140 per sqft.

Source: Dubai Land Department. Updated 27 April 2022.

Questions about R2-203, Vida Residences A1&A2 - The Hills A

What did unit R2-203 last sell for?

AED 2,150,000 on 27 April 2022: AED 1,188 per sqft for 1,809 sqft. The unit has 2 registered sales; the first was AED 2,020,888 in December 2013.

What is the rent for unit R2-203?

AED 100,000 a year on the contract renewed on 13 April 2021. The previous contract, from April 2020, was AED 110,000; the unit has been rented since April 2019.

How big is unit R2-203?

1,809 sqft (168.1 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2019.

What is unit R2-203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Vida Residences A1&A2 - The Hills A sold for AED 2,650,000 to 3,450,000 in the last 12 months, around AED 2,060 per sqft.

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Mortgage on R2-203, Vida Residences A1&A2 - The Hills A

Starts from the last sale price (AED 2.15M, 27 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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