2-bed · 1,282 sqftVida Residences A1&A2 - The Hills A, The Hills · 7th floor · completed 2019

R2-705, Vida Residences A1&A2 - The Hills A

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

Unit R2-705 · DLD and Ejari recordsUpdated 29 November 2023
Last soldAED 2.25M29 November 2023
Current rentAED 140K /yr16 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R2-705, Vida Residences A1&A2 - The Hills A

What is R2-705 worth today?

Last sold for AED 2,250,000 in 2023

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29 Nov 2023SoldReady
AED 2,250,000AED 1,754 per sqft
16 Jan 2023RentedNew contract
AED 140,000/yr12 months · AED 109 per sqft
1 Oct 2021RentedRenewal
AED 95,000/yr12 months · AED 74 per sqft
1 Oct 2020RentedNew contract
AED 90,000/yr12 months · AED 70 per sqft
21 Mar 2019RentedNew contract
AED 105,000/yr12 months · AED 82 per sqft
25 Dec 2013Sold by developerOff-plan
AED 1,545,888AED 1,205 per sqft

Source: Dubai Land Department. Updated 29 November 2023.

Key facts

Type
2-bed apartment
Size
1,282 sqft
Floor
7th of 14
Parking
B-326
Developer
Emaar
Completed
2019
Service charge
AED 51,000 /yr
Last sold
AED 2.25M · November 2023

About R2-705, Vida Residences A1&A2 - The Hills A

R2-705 is a two-bedroom apartment of 1,282 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 29 November 2023 for AED 2,250,000, or AED 1,754 per sqft, 5% above the AED 1,663 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 16 January 2023, is AED 140,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 51,000 a year.

Sales and rents for R2-705 over time

Sales
Unit R2-705, 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 1,545,888 (AED 1,205 per sqft)Sold, November 2023: AED 2,250,000 (AED 1,754 per sqft)

R2-705 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit R2-705, 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, March 2019: AED 105,000 a yearNew contract, October 2020: AED 90,000 a yearRenewal, October 2021: AED 95,000 a yearNew contract, January 2023: 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 R2-705 sits

All 66 2-beds →

R2-705 last sold in November 2023 at AED 1,754 per sqft, 5% above what two-beds in Vida Residences A1&A2 - The Hills A were fetching at the time (AED 1,663). 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. R2-705'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 →
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

R2-705, Vida Residences A1&A2 - The Hills A in numbers

  • Sold twice: first on 25 December 2013 for AED 1,545,888, last on 29 November 2023 for AED 2,250,000 (AED 1,754 per sqft).
  • Rented since March 2019 on 4 Ejari contracts. The rent fell from AED 105,000 to AED 90,000 in 2020 and recovered to AED 140,000 by January 2023.
  • At AED 140,000 a year the gross yield on the 2023 price is 6.2%, before a service charge of about AED 51,000 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 29 November 2023.

Questions about R2-705, Vida Residences A1&A2 - The Hills A

What did unit R2-705 last sell for?

AED 2,250,000 on 29 November 2023: AED 1,754 per sqft for 1,282 sqft. The unit has 2 registered sales; the first was AED 1,545,888 in December 2013.

What is the rent for unit R2-705?

AED 140,000 a year on the contract signed on 16 January 2023. The previous contract, from October 2021, was AED 95,000; the unit has been rented since March 2019.

How big is unit R2-705?

1,282 sqft (119.1 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2019.

What is unit R2-705 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 R2-705, Vida Residences A1&A2 - The Hills A

Starts from the last sale price (AED 2.25M, 29 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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