3-bed · 1,843 sqftVida Residence The Hills B2, The Hills · 13th floor · completed 2019

1308, Vida Residence The Hills B2

Sold prices and rental history: sold 3 times, last in December 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1308 · DLD and Ejari recordsUpdated 21 December 2023
Last soldAED 4.95M21 December 2023
Current rentAED 300K /yr20 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1308, Vida Residence The Hills B2

What is 1308 worth today?

Last sold for AED 4,950,000 in 2023

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21 Dec 2023SoldReady
AED 4,950,000AED 2,686 per sqft
27 Jul 2023SoldReady
AED 4,850,000AED 2,632 per sqft
20 Apr 2022RentedNew contract
AED 300,000/yr12 months · AED 163 per sqft
1 Mar 2022RentedNew contract
AED 350,000/yr12 months · AED 190 per sqft
22 Oct 2020RentedNew contract
AED 190,000/yr12 months · AED 103 per sqft
18 Mar 2020Sold by developerReady
AED 3,699,888AED 2,007 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 December 2023.

Key facts

Type
3-bed hotel apartment
Size
1,843 sqft
Floor
13th of 13
Parking
L1-150 ,L1-151
Developer
Emaar
Completed
2019
Service charge
AED 73,300 /yr
Last sold
AED 4.95M · December 2023

About 1308, Vida Residence The Hills B2

1308 is a three-bedroom hotel apartment of 1,843 sqft on the 13th floor of Vida Residence The Hills B2, a 13-storey tower in The Hills completed in 2019 by Emaar. It last sold on 21 December 2023 for AED 4,950,000, or AED 2,686 per sqft, in line with the AED 2,632 three-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 20 April 2022, is AED 300,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 73,300 a year.

Sales and rents for 1308 over time

Sales
Unit 1308, each saleTypical three-bed in Vida Residence The Hills B2
4M5M6M20142017202020232026Typical sale price by year: 2014 AED 4,503,888; 2015 AED 3,762,888; 2016 AED 4,496,888; 2020 AED 3,768,888; 2022 AED 4,800,000; 2023 AED 4,950,000; 2024 AED 5,900,000; 2025 AED 5,600,000Sold by developer, March 2020: AED 3,699,888 (AED 2,007 per sqft)Sold, July 2023: AED 4,850,000 (AED 2,632 per sqft)Sold, December 2023: AED 4,950,000 (AED 2,686 per sqft)

1308 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1308, each contractTypical three-bed in Vida Residence The Hills B2
200K300K400K2019202120232025Typical rent by year: 2019 AED 217,500; 2020 AED 220,000; 2021 AED 235,000; 2022 AED 307,500; 2023 AED 383,777; 2024 AED 375,000; 2025 AED 400,000New contract, October 2020: AED 190,000 a yearNew contract, March 2022: AED 350,000 a yearNew contract, April 2022: AED 300,000 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 Residence The Hills B2, and where 1308 sits

All 33 3-beds →

1308 last sold in December 2023 at AED 2,686 per sqft, in line with what three-beds in Vida Residence The Hills B2 were fetching at the time (AED 2,632). Over the last 12 months three-beds sold for AED 7,250,000, around AED 3,085 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
7 Apr 20256,500,000
27 Mar 20255,600,000
24 Feb 202590,380
24 Oct 20246,200,000
1 3-bed sale in the last 12 months

Vida Residence The Hills B2

Building

111 apartments, 1-bed to 3-bed over 13 floors in The Hills, completed in 2019 by Emaar. 4 sold in the last 12 months.

Typical price per sqft
AED 2,984
Typical sale
AED 3.26M
Typical rent
AED 223K /yr
Typical yield
5.6%
Vida Residence The Hills B2, The Hills: prices, sales and rents →
Value
13013-bedAED 5.6M · Mar 2025
13023-bedAED 5.65M · Nov 2022
13033-bedAED 6.2M · Oct 2024
13041-bedAED 1.47M · Aug 2017
13052-bedAED 3.14M · May 2022
13062-bedAED 3.05M · Jun 2023
13072-bedAED 3.53M · Nov 2023

1308, Vida Residence The Hills B2 in numbers

  • Sold 3 times: first on 18 March 2020 for AED 3,699,888, last on 21 December 2023 for AED 4,950,000 (AED 2,686 per sqft).
  • Rented since October 2020 on 3 Ejari contracts, from AED 190,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 73,300 a year (AED 39.79 per sqft).
  • Three-beds in Vida Residence The Hills B2 sold for AED 7,250,000–7,250,000 in the 12 months to November 2026; the building's median across all types is AED 2,984 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 21 December 2023.

Questions about 1308, Vida Residence The Hills B2

What did unit 1308 last sell for?

AED 4,950,000 on 21 December 2023: AED 2,686 per sqft for 1,843 sqft. The unit has 3 registered sales; the first was AED 3,699,888 in March 2020.

What is the rent for unit 1308?

AED 300,000 a year on the contract signed on 20 April 2022. The previous contract, from March 2022, was AED 350,000; the unit has been rented since October 2020.

How big is unit 1308?

1,843 sqft (171.2 sqm): a three-bedroom hotel apartment on the 13th floor of a 13-storey tower completed in 2019.

What is unit 1308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Vida Residence The Hills B2 sold for AED 7,250,000 to 7,250,000 in the last 12 months, around AED 3,085 per sqft.

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Mortgage on 1308, Vida Residence The Hills B2

Starts from the last sale price (AED 4.95M, 21 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,950,000
Deposit, UAE resident (20%)
AED 990,000
Deposit, non-resident (40%)
AED 1,980,000
Monthly over 25 years at 3.7%
AED 20,252

Plus AED 212,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →