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2-bed · 1,443 sqftVida Residences A1&A2 - The Hills A, The Hills · 7th floor · completed 2019

R2-703, Vida Residences A1&A2 - The Hills A

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R2-703 · DLD and Ejari recordsUpdated 18 July 2023
Last soldAED 3M18 July 2023
Current rentAED 140K /yr15 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for R2-703, Vida Residences A1&A2 - The Hills A

What is R2-703 worth today?

Last sold for AED 3,000,000 in 2023

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18 Jul 2023SoldReady
AED 3,000,000AED 2,078 per sqft
15 Jun 2022RentedRenewal
AED 140,000/yr12 months · AED 97 per sqft
15 Jun 2021RentedRenewal
AED 110,000/yr12 months · AED 76 per sqft
15 Jun 2020RentedNew contract
AED 105,000/yr12 months · AED 73 per sqft
27 Apr 2019RentedNew contract
AED 120,000/yr12 months · AED 83 per sqft
23 Dec 2013Sold by developerOff-plan
AED 2,006,888AED 1,390 per sqft

Source: Dubai Land Department. Updated 18 July 2023.

Key facts

Type
2-bed apartment
Size
1,443 sqft
Floor
7th of 14
Parking
B-207
Developer
Emaar
Completed
2019
Service charge
AED 57,400 /yr
Last sold
AED 3M · July 2023
Building
Vida Residences A1&A2 - The Hills A

About R2-703, Vida Residences A1&A2 - The Hills A

R2-703 is a two-bedroom apartment of 1,443 sqft on the 7th 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 18 July 2023 for AED 3,000,000, or AED 2,078 per sqft.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 15 June 2022, is AED 140,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 57,400 a year.

Sales and rents for R2-703 over time

Sales
Unit R2-703, 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 2,006,888 (AED 1,390 per sqft)Sold, July 2023: AED 3,000,000 (AED 2,078 per sqft)

R2-703 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit R2-703, 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 120,000 a yearNew contract, June 2020: AED 105,000 a yearRenewal, June 2021: AED 110,000 a yearRenewal, June 2022: AED 140,000 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 R2-703 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. R2-703's AED 140,000 is in the lower half 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 →

Other units on the 7th floor

All 205 units in Vida Residences A1&A2 - The Hills A
Value
R1-7013-bedAED 2.79M · Aug 2015
R1-7023-bedAED 2.91M · Feb 2016
R1-7033-bedAED 2.64M · Dec 2013
R1-7043-bedAED 2.3M · Oct 2020
R1-7053-bedAED 3M · Feb 2017
R1-7061-bedAED 1.06M · Dec 2013
R1-7071-bedAED 638K · Jun 2019
1–7 of 18

R2-703, Vida Residences A1&A2 - The Hills A in numbers

  • Sold twice: first on 23 December 2013 for AED 2,006,888, last on 18 July 2023 for AED 3,000,000 (AED 2,078 per sqft).
  • Rented since April 2019 on 4 Ejari contracts. The rent fell from AED 120,000 to AED 105,000 in 2020 and recovered to AED 140,000 by June 2022.
  • At AED 140,000 a year the gross yield on the 2023 price is 4.7%, 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 18 July 2023.

Questions about R2-703, Vida Residences A1&A2 - The Hills A

What did unit R2-703 last sell for?

AED 3,000,000 on 18 July 2023: AED 2,078 per sqft for 1,443 sqft. The unit has 2 registered sales; the first was AED 2,006,888 in December 2013.

What is the rent for unit R2-703?

AED 140,000 a year on the contract renewed on 15 June 2022. The previous contract, from June 2021, was AED 110,000; the unit has been rented since April 2019.

How big is unit R2-703?

1,443 sqft (134.1 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2019.

What is unit R2-703 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 R2-703, Vida Residences A1&A2 - The Hills A

Starts from the last sale price (AED 3M, 18 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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