1-bed · 804 sqftViridis Residences A, Damac Hills 2 · 11th floor · completed 2023

1115, Viridis Residences A

Sold prices and rental history: sold once, by the developer in December 2015, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1115 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1M29 December 2015
Current rentAED 60K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1115, Viridis Residences A

What is 1115 worth today?

Last sold for AED 1,002,500 in 2015

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1 Aug 2024RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft
29 Dec 2015Sold by developerOff-plan
AED 1,002,500AED 1,247 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed hotel apartment
Size
804 sqft
Floor
11th of 14
Parking
P1-281
Developer
DAMAC
Completed
2023
Last sold
AED 1M · December 2015

About 1115, Viridis Residences A

1115 is a one-bedroom hotel apartment of 804 sqft on the 11th floor of Viridis Residences A, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 29 December 2015 for AED 1,002,500, or AED 1,247 per sqft, in line with the AED 1,250 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2024. The current contract, signed on 1 August 2024, is AED 60,000 a year: a gross yield of 6.0% on the 2015 price.

Sales and rents for 1115 over time

Sales
Unit 1115, each saleTypical one-bed in Viridis Residences A
600K800K1M2015201820212024Typical sale price by year: 2015 AED 948,750; 2016 AED 929,309; 2022 AED 623,000; 2023 AED 606,500; 2024 AED 653,000; 2025 AED 644,174Sold by developer, December 2015: AED 1,002,500 (AED 1,247 per sqft)

1115 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1115, each contractTypical one-bed in Viridis Residences A
55K58K60K2024202520262027Typical rent by year: 2024 AED 55,000; 2025 AED 56,000; 2026 AED 55,000New contract, August 2024: AED 60,000 a year

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

1-beds in Viridis Residences A, and where 1115 sits

All 38 1-beds →

1115 last sold in December 2015 at AED 1,247 per sqft, in line with what one-beds in Viridis Residences A were fetching at the time (AED 1,250). Over the last 12 months one-beds sold for AED 600,000 to 750,000, around AED 866 per sqft, and rent for AED 44,469 to 61,000 a year. 1115's AED 60,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 2026600,000
18 Sep 2026750,000
25 Jul 2025710,000
23 May 2025633,000
2 1-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 11th floor

All 220 units in Viridis Residences A
Value
11012-bedAED 1.37M · Jan 2016
1102StudioAED 698K · Dec 2015
1103StudioAED 538K · Dec 2015
1104StudioAED 590K · May 2016
1105StudioAED 533K · Dec 2015
1106StudioAED 543K · Dec 2015
1107StudioAED 533K · Feb 2016
1–7 of 15

1115, Viridis Residences A in numbers

  • Sold once: by DAMAC on 29 December 2015 for AED 1,002,500, or AED 1,247 per sqft.
  • Rented since August 2024 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2015 price is 6.0%.
  • One-beds in Viridis Residences A sold for AED 600,000–750,000 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 1 August 2024.

Questions about 1115, Viridis Residences A

What did unit 1115 last sell for?

AED 1,002,500 on 29 December 2015, sold by the developer: AED 1,247 per sqft for 804 sqft. It is the only registered sale of the unit.

What is the rent for unit 1115?

AED 60,000 a year on the contract signed on 1 August 2024.

How big is unit 1115?

804 sqft (74.7 sqm): a one-bedroom hotel apartment on the 11th floor of a 14-storey tower completed in 2023.

What is unit 1115 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Viridis Residences A sold for AED 600,000 to 750,000 in the last 12 months, around AED 866 per sqft.

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Mortgage on 1115, Viridis Residences A

Starts from the last sale price (AED 1M, 29 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,002,500
Deposit, UAE resident (20%)
AED 200,500
Deposit, non-resident (40%)
AED 401,000
Monthly over 25 years at 3.7%
AED 4,102

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