2-bed · 1,104 sqftViridis Residences A, Damac Hills 2 · 10th floor · completed 2023

1016, Viridis Residences A

Sold prices and rental history: sold once, by the developer in January 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1016 · DLD and Ejari recordsUpdated 21 January 2016
Last soldAED 1.37M21 January 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1016, Viridis Residences A

What is 1016 worth today?

Last sold for AED 1,367,500 in 2016

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21 Jan 2016Sold by developerOff-plan
AED 1,367,500AED 1,239 per sqft

Source: Dubai Land Department. Updated 21 January 2016.

Key facts

Type
2-bed hotel apartment
Size
1,104 sqft
Floor
10th of 14
Parking
P1-303
Developer
DAMAC
Completed
2023
Last sold
AED 1.37M · January 2016

About 1016, Viridis Residences A

1016 is a two-bedroom hotel apartment of 1,104 sqft on the 10th floor of Viridis Residences A, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 21 January 2016 for AED 1,367,500, or AED 1,239 per sqft, in line with the AED 1,250 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1016 over time

Sales
Unit 1016, each saleTypical two-bed in Viridis Residences A
1M2016201920222025Typical sale price by year: 2016 AED 1,380,628; 2023 AED 812,000; 2024 AED 890,000Sold by developer, January 2016: AED 1,367,500 (AED 1,239 per sqft)

1016 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1016, each contractTypical two-bed in Viridis Residences A
75K76K76K2024202520262027Typical rent by year: 2024 AED 75,000; 2025 AED 76,000; 2026 AED 75,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Viridis Residences A, and where 1016 sits

All 27 2-beds →

1016 last sold in January 2016 at AED 1,239 per sqft, in line with what two-beds in Viridis Residences A were fetching at the time (AED 1,250). Over the last 12 months two-beds sold for AED 1,000,000 to 1,044,778, around AED 931 per sqft, and rent for AED 65,000 to 82,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Apr 20261,044,778
25 Nov 20251,000,000
26 Jun 20251,003,636
25 Dec 2024860,000
2 2-bed sales in the last 12 months

Viridis Residences A

Building

220 apartments, studios to 2-bed over 14 floors in Damac Hills 2, completed in 2023 by DAMAC. 14 sold in the last 12 months.

Typical price per sqft
AED 1,009 Down 1.4%
Typical sale
AED 454K
Typical rent
AED 40K /yr
Typical yield
8.5%
Viridis Residences A, Damac Hills 2: prices, sales and rents →

Other units on the 10th floor

All 220 units in Viridis Residences A
Value
10012-bedAED 786K · Jan 2023
1002StudioAED 479K · Sep 2023
1003StudioAED 542K · Jan 2016
1004StudioAED 397K · Jun 2024
1005StudioAED 580K · Nov 2016
1006StudioAED 446K · Aug 2026
1007StudioAED 400K · Jan 2025
1–7 of 15

1016, Viridis Residences A in numbers

  • Sold once: by DAMAC on 21 January 2016 for AED 1,367,500, or AED 1,239 per sqft.
  • Two-beds in Viridis Residences A sold for AED 1,000,000–1,044,778 in the 12 months to November 2026; the building's median across all types is AED 1,009 per sqft.

Source: Dubai Land Department. Updated 21 January 2016.

Questions about 1016, Viridis Residences A

What did unit 1016 last sell for?

AED 1,367,500 on 21 January 2016, sold by the developer: AED 1,239 per sqft for 1,104 sqft. It is the only registered sale of the unit.

How big is unit 1016?

1,104 sqft (102.6 sqm): a two-bedroom hotel apartment on the 10th floor of a 14-storey tower completed in 2023.

What is unit 1016 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Viridis Residences A sold for AED 1,000,000 to 1,044,778 in the last 12 months, around AED 931 per sqft.

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Mortgage on 1016, Viridis Residences A

Starts from the last sale price (AED 1.37M, 21 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,367,500
Deposit, UAE resident (20%)
AED 273,500
Deposit, non-resident (40%)
AED 547,000
Monthly over 25 years at 3.7%
AED 5,595

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