3-bed · 2,079 sqftVida Residences A1&A2 - The Hills A, The Hills · 4th floor · completed 2019

R2-408, Vida Residences A1&A2 - The Hills A

Sold prices and rental history: sold twice, last in June 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R2-408 · DLD and Ejari recordsUpdated 9 October 2024
Last soldAED 3.47M5 June 2014
Current rentAED 210K /yr9 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R2-408, Vida Residences A1&A2 - The Hills A

What is R2-408 worth today?

Last sold for AED 3,471,466 in 2014

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9 Oct 2024RentedRenewal
AED 210,450/yr12 months · AED 101 per sqft
9 Oct 2023RentedRenewal
AED 183,000/yr12 months · AED 88 per sqft
9 Oct 2022RentedRenewal
AED 148,500/yr12 months · AED 71 per sqft
9 Oct 2021RentedRenewal
AED 135,000/yr12 months · AED 65 per sqft
9 Oct 2020RentedNew contract
AED 135,000/yr12 months · AED 65 per sqft
28 Aug 2019RentedNew contract
AED 170,000/yr12 months · AED 82 per sqft
5 Jun 2014SoldOff-plan
AED 3,471,466AED 1,669 per sqft
10 Dec 2013Sold by developerOff-plan
AED 2,892,888AED 1,391 per sqft

Source: Dubai Land Department. Updated 9 October 2024.

Key facts

Type
3-bed apartment
Size
2,079 sqft
Floor
4th of 14
Parking
B-553 ,B-554
Developer
Emaar
Completed
2019
Service charge
AED 82,700 /yr
Last sold
AED 3.47M · June 2014

About R2-408, Vida Residences A1&A2 - The Hills A

R2-408 is a three-bedroom apartment of 2,079 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 5 June 2014 for AED 3,471,466, or AED 1,669 per sqft, 15% above the AED 1,448 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 9 October 2024, is AED 210,450 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 82,700 a year.

Sales and rents for R2-408 over time

Sales
Unit R2-408, each saleTypical three-bed in Vida Residences A1&A2 - The Hills A
2M4M2013201720212025Typical sale price by year: 2013 AED 2,680,888; 2014 AED 3,239,683; 2015 AED 2,813,676; 2016 AED 2,873,126; 2017 AED 2,855,000; 2019 AED 2,450,000; 2020 AED 2,250,000; 2021 AED 2,625,000; 2022 AED 3,125,000; 2023 AED 3,650,000; 2024 AED 4,325,000; 2025 AED 5,100,000Sold by developer, December 2013: AED 2,892,888 (AED 1,391 per sqft)Sold, June 2014: AED 3,471,466 (AED 1,669 per sqft)

R2-408 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit R2-408, each contractTypical three-bed in Vida Residences A1&A2 - The Hills A
200K20192021202320252027Typical rent by year: 2019 AED 145,000; 2020 AED 140,000; 2021 AED 147,000; 2022 AED 165,000; 2023 AED 220,000; 2024 AED 250,400; 2025 AED 260,000; 2026 AED 240,896New contract, August 2019: AED 170,000 a yearNew contract, October 2020: AED 135,000 a yearRenewal, October 2021: AED 135,000 a yearRenewal, October 2022: AED 148,500 a yearRenewal, October 2023: AED 183,000 a yearRenewal, October 2024: AED 210,450 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 Residences A1&A2 - The Hills A, and where R2-408 sits

All 85 3-beds →

R2-408 last sold in June 2014 at AED 1,669 per sqft, 15% above what three-beds in Vida Residences A1&A2 - The Hills A were fetching at the time (AED 1,448). Over the last 12 months three-beds sold for AED 5,100,000 to 6,400,000, around AED 2,902 per sqft, and rent for AED 75,000 to 446,250 a year. R2-408's AED 210,450 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Apr 20266,400,000
10 Nov 20255,100,000
17 Jul 20255,100,000
10 Jun 20255,700,000
2 3-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

R2-408, Vida Residences A1&A2 - The Hills A in numbers

  • Sold twice: first on 10 December 2013 for AED 2,892,888, last on 5 June 2014 for AED 3,471,466 (AED 1,669 per sqft).
  • Rented since August 2019 on 6 Ejari contracts. The rent fell from AED 170,000 to AED 135,000 in 2021 and recovered to AED 210,450 by October 2024.
  • At AED 210,450 a year the gross yield on the 2014 price is 6.1%, before a service charge of about AED 82,700 a year (AED 39.79 per sqft).
  • Three-beds in Vida Residences A1&A2 - The Hills A sold for AED 5,100,000–6,400,000 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 9 October 2024.

Questions about R2-408, Vida Residences A1&A2 - The Hills A

What did unit R2-408 last sell for?

AED 3,471,466 on 5 June 2014: AED 1,669 per sqft for 2,079 sqft. The unit has 2 registered sales; the first was AED 2,892,888 in December 2013.

What is the rent for unit R2-408?

AED 210,450 a year on the contract renewed on 9 October 2024. The previous contract, from October 2023, was AED 183,000; the unit has been rented since August 2019.

How big is unit R2-408?

2,079 sqft (193.1 sqm): a three-bedroom apartment on the 4th floor of a 14-storey tower completed in 2019.

What is unit R2-408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Vida Residences A1&A2 - The Hills A sold for AED 5,100,000 to 6,400,000 in the last 12 months, around AED 2,902 per sqft.

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Mortgage on R2-408, Vida Residences A1&A2 - The Hills A

Starts from the last sale price (AED 3.47M, 5 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,471,466
Deposit, UAE resident (20%)
AED 694,293
Deposit, non-resident (40%)
AED 1,388,586
Monthly over 25 years at 3.7%
AED 14,203

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