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2-bed · 1,284 sqftVida Residences C1&C2 - The Hills C, The Hills · 5th floor · completed 2019

R3-505, Vida Residences C1&C2 - The Hills C

Sold prices and rental history: sold 7 times, last in September 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R3-505 · DLD and Ejari recordsUpdated 4 September 2023
Last soldAED 2.25M4 September 2023
Current rentAED 105K /yr16 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for R3-505, Vida Residences C1&C2 - The Hills C

What is R3-505 worth today?

Last sold for AED 2,250,000 in 2023

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4 Sep 2023SoldReady
AED 2,250,000AED 1,751 per sqft
24 May 2023SoldReady
AED 2,030,000AED 1,580 per sqft
16 Dec 2022RentedRenewal
AED 105,000/yr12 months · AED 82 per sqft
16 Dec 2021RentedRenewal
AED 95,000/yr12 months · AED 74 per sqft
16 Dec 2020RentedNew contract
AED 90,000/yr12 months · AED 70 per sqft
7 Oct 2020SoldReady
AED 1,485,000AED 1,156 per sqft
21 Mar 2020RentedRenewal
AED 100,577/yr7 months · AED 79 per sqft
14 Oct 2019SoldReady
AED 1,300,000AED 1,012 per sqft

Source: Dubai Land Department. Updated 4 September 2023.

Key facts

Type
2-bed apartment
Size
1,284 sqft
Floor
5th of 14
Parking
B-413
Developer
Emaar
Completed
2019
Service charge
AED 51,100 /yr
Last sold
AED 2.25M · September 2023
Building
Vida Residences C1&C2 - The Hills C

About R3-505, Vida Residences C1&C2 - The Hills C

R3-505 is a two-bedroom apartment of 1,284 sqft on the 5th floor of Vida Residences C1&C2 - The Hills C, a 14-storey tower in The Hills completed in 2019 by Emaar. It last sold on 4 September 2023 for AED 2,250,000, or AED 1,751 per sqft, 10% above the AED 1,592 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 16 December 2022, is AED 105,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 51,100 a year.

Sales and rents for R3-505 over time

Sales
Unit R3-505, each saleTypical two-bed in Vida Residences C1&C2 - The Hills C
1M2M3M2013201720212025Typical sale price by year: 2013 AED 1,782,300; 2014 AED 2,070,185; 2016 AED 2,167,888; 2017 AED 1,974,566; 2018 AED 1,956,124; 2019 AED 1,575,000; 2020 AED 1,482,500; 2021 AED 1,725,000; 2022 AED 2,300,000; 2023 AED 2,500,000; 2024 AED 2,762,500; 2025 AED 3,337,500; 2026 AED 3,060,000Sold by developer, March 2014: AED 1,801,888 (AED 1,402 per sqft)Sold, April 2014: AED 1,982,077 (AED 1,543 per sqft)Sold, April 2017: AED 1,915,000 (AED 1,490 per sqft)Sold, October 2019: AED 1,300,000 (AED 1,012 per sqft)Sold, October 2020: AED 1,485,000 (AED 1,156 per sqft)Sold, May 2023: AED 2,030,000 (AED 1,580 per sqft)Sold, September 2023: AED 2,250,000 (AED 1,751 per sqft)

R3-505 has sold 7 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit R3-505, each contractTypical two-bed in Vida Residences C1&C2 - The Hills C
100K150K20192021202320252027Typical rent by year: 2019 AED 110,000; 2020 AED 106,250; 2021 AED 110,000; 2022 AED 120,000; 2023 AED 137,500; 2024 AED 160,000; 2025 AED 169,000; 2026 AED 170,000New contract, March 2019: AED 90,000 a yearRenewal, March 2020: AED 100,577 a yearNew contract, December 2020: AED 90,000 a yearRenewal, December 2021: AED 95,000 a yearRenewal, December 2022: AED 105,000 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 C1&C2 - The Hills C, and where R3-505 sits

All 80 2-beds →

R3-505 last sold in September 2023 at AED 1,751 per sqft, 10% above what two-beds in Vida Residences C1&C2 - The Hills C were fetching at the time (AED 1,592). Over the last 12 months two-beds sold for AED 2,914,888 to 3,315,000, around AED 1,770 per sqft, and rent for AED 118,000 to 240,000 a year. R3-505's AED 105,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Nov 20263,060,000
6 May 20262,914,888
14 Apr 20263,315,000
3 Nov 20251,500,000
3 2-bed sales in the last 12 months

Vida Residences C1&C2 - The Hills C

Building

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

Typical price per sqft
AED 2,485 Up 1.4%
Typical sale
AED 3.78M
Typical rent
AED 175K /yr
Typical yield
5.0%
Vida Residences C1&C2 - The Hills C, The Hills: prices, sales and rents →

Other units on the 5th floor

All 220 units in Vida Residences C1&C2 - The Hills C
Value
R3-5013-bedAED 3.2M · Apr 2023
R3-5023-bedAED 2.4M · Mar 2021
R3-5032-bedAED 2.07M · Jan 2014
R3-5042-bedAED 2.12M · Dec 2013
R3-5062-bedAED 1.54M · Jul 2019
R3-5072-bedAED 1.64M · Dec 2013
R3-5081-bedAED 1.37M · Dec 2013
1–7 of 19

R3-505, Vida Residences C1&C2 - The Hills C in numbers

  • Sold 7 times: first on 3 March 2014 for AED 1,801,888, last on 4 September 2023 for AED 2,250,000 (AED 1,751 per sqft).
  • Rented since March 2019 on 5 Ejari contracts, from AED 90,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 51,100 a year (AED 39.79 per sqft).
  • Two-beds in Vida Residences C1&C2 - The Hills C sold for AED 2,914,888–3,315,000 in the 12 months to November 2026; the building's median across all types is AED 2,485 per sqft.

Source: Dubai Land Department. Updated 4 September 2023.

Questions about R3-505, Vida Residences C1&C2 - The Hills C

What did unit R3-505 last sell for?

AED 2,250,000 on 4 September 2023: AED 1,751 per sqft for 1,284 sqft. The unit has 7 registered sales; the first was AED 1,801,888 in March 2014.

What is the rent for unit R3-505?

AED 105,000 a year on the contract renewed on 16 December 2022. The previous contract, from December 2021, was AED 95,000; the unit has been rented since March 2019.

How big is unit R3-505?

1,284 sqft (119.3 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2019.

What is unit R3-505 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 C1&C2 - The Hills C sold for AED 2,914,888 to 3,315,000 in the last 12 months, around AED 1,770 per sqft.

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Mortgage on R3-505, Vida Residences C1&C2 - The Hills C

Starts from the last sale price (AED 2.25M, 4 September 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 →