2-bed · 1,443 sqftVida Residences A1&A2 - The Hills A, The Hills · 4th floor · completed 2019

R2-403, Vida Residences A1&A2 - The Hills A

Sold prices and rental history: sold twice, last in November 2018, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R2-403 · DLD and Ejari recordsUpdated 15 July 2020
Last soldAED 2.08M4 November 2018
Current rentAED 100K /yr15 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R2-403, Vida Residences A1&A2 - The Hills A

What is R2-403 worth today?

Last sold for AED 2,075,000 in 2018

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15 Jul 2020RentedRenewal
AED 100,000/yr12 months · AED 69 per sqft
15 Jul 2019RentedNew contract
AED 115,000/yr12 months · AED 80 per sqft
4 Nov 2018SoldOff-plan
AED 2,075,000AED 1,437 per sqft
23 Dec 2013Sold by developerOff-plan
AED 1,964,888AED 1,361 per sqft

Source: Dubai Land Department. Updated 15 July 2020.

Key facts

Type
2-bed apartment
Size
1,443 sqft
Floor
4th of 14
Parking
B-204
Developer
Emaar
Completed
2019
Service charge
AED 57,400 /yr
Last sold
AED 2.08M · November 2018

About R2-403, Vida Residences A1&A2 - The Hills A

R2-403 is a two-bedroom apartment of 1,443 sqft on the 4th 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 4 November 2018 for AED 2,075,000, or AED 1,437 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 15 July 2020, is AED 100,000 a year: a gross yield of 4.8% on the 2018 price, before the service charge of about AED 57,400 a year.

Sales and rents for R2-403 over time

Sales
Unit R2-403, 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 1,964,888 (AED 1,361 per sqft)Sold, November 2018: AED 2,075,000 (AED 1,437 per sqft)

R2-403 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit R2-403, 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, July 2019: AED 115,000 a yearRenewal, July 2020: 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 R2-403 sits

All 66 2-beds →

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. R2-403'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
R1-4013-bedAED 3.15M · Aug 2022
R1-4023-bedAED 2.6M · Jul 2021
R1-4033-bedAED 3.9M · Sep 2023
R1-4043-bedAED 3.25M · Feb 2023
R1-4053-bedAED 3.67M · May 2023
R1-4061-bedAED 1.5M · Jun 2023
R1-4071-bedAED 1.05M · Dec 2013
1–7 of 18

R2-403, Vida Residences A1&A2 - The Hills A in numbers

  • Sold twice: first on 23 December 2013 for AED 1,964,888, last on 4 November 2018 for AED 2,075,000 (AED 1,437 per sqft).
  • Rented since July 2019 on 2 Ejari contracts, from AED 115,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2018 price is 4.8%, before a service charge of about AED 57,400 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 15 July 2020.

Questions about R2-403, Vida Residences A1&A2 - The Hills A

What did unit R2-403 last sell for?

AED 2,075,000 on 4 November 2018: AED 1,437 per sqft for 1,443 sqft. The unit has 2 registered sales; the first was AED 1,964,888 in December 2013.

What is the rent for unit R2-403?

AED 100,000 a year on the contract renewed on 15 July 2020. The previous contract, from July 2019, was AED 115,000.

How big is unit R2-403?

1,443 sqft (134.1 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2019.

What is unit R2-403 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 R2-403, Vida Residences A1&A2 - The Hills A

Starts from the last sale price (AED 2.08M, 4 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,075,000
Deposit, UAE resident (20%)
AED 415,000
Deposit, non-resident (40%)
AED 830,000
Monthly over 25 years at 3.7%
AED 8,489

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