1316, Viridis Residences A
Sold prices and rental history: sold once, by the developer in June 2016, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1316, Viridis Residences A
What is 1316 worth today?
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Source: Dubai Land Department. Updated 15 April 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,104 sqft
- Floor
- 13th of 14
- Parking
- P1-293
- Developer
- DAMAC
- Completed
- 2023
- Last sold
- AED 1.31M · June 2016
- Building
- Viridis Residences A
About 1316, Viridis Residences A
1316 is a two-bedroom hotel apartment of 1,104 sqft on the 13th floor of Viridis Residences A, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 27 June 2016 for AED 1,312,800, or AED 1,189 per sqft, 6% below the AED 1,261 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 April 2024. The current contract, signed on 15 April 2024, is AED 75,000 a year: a gross yield of 5.7% on the 2016 price.
Sales and rents for 1316 over time
1316 has sold once; the dashed line is the two-bed median of each year in the building.
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 1316 sits
All 27 2-beds →1316 last sold in June 2016 at AED 1,189 per sqft, 6% below what two-beds in Viridis Residences A were fetching at the time (AED 1,261). 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. 1316's AED 75,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Apr 20261 April 2026 | 1,094 sqft | 1,044,778 | 955 | ||
| 25 Nov 202525 November 2025 | 1,104 sqft | 1,000,000 | 906 | ||
| 26 Jun 202526 June 2025 | 1,094 sqft | 1,003,636 | 917 | ||
| 25 Dec 202425 December 2024 | 1,104 sqft | 860,000 | 779 |
Viridis Residences A
Building220 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%
Other units on the 13th floor
All 220 units in Viridis Residences A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,094 sqft | AED 1.31MAED 1,312,800 · May 2016May 2016 | ||
| 1302 | Studio | 565 sqft | AED 455KAED 455,000 · Jul 2024July 2024 | ||
| 1303 | Studio | 429 sqft | AED 375KAED 375,000 · Jun 2023June 2023 | 32,000 /yr | |
| 1304 | Studio | 417 sqft | AED 368KAED 368,000 · Apr 2023April 2023 | 40,000 /yr | |
| 1305 | Studio | 426 sqft | AED 554KAED 553,800 · Apr 2016April 2016 | 38,000 /yr | |
| 1306 | Studio | 417 sqft | AED 544KAED 544,464 · Apr 2016April 2016 | 43,000 /yr | |
| 1307 | Studio | 426 sqft | AED 555KAED 555,408 · Apr 2016April 2016 | ||
| 1308 | Studio | 407 sqft | AED 350KAED 350,000 · Oct 2023October 2023 | 36,000 /yr | |
| 1309 | 1-bed | 750 sqft | AED 577KAED 577,150 · Feb 2023February 2023 | 48,000 /yr | |
| 1310 | 1-bed | 762 sqft | AED 673KAED 673,000 · Oct 2023October 2023 | 60,000 /yr | |
| 1311 | Studio | 355 sqft | AED 490KAED 490,000 · Dec 2016December 2016 | 32,000 /yr | |
| 1312 | Studio | 429 sqft | AED 555KAED 555,408 · Apr 2016April 2016 | ||
| 1313 | Studio | 420 sqft | AED 567KAED 567,150 · Apr 2016April 2016 | 36,000 /yr | |
| 1314 | Studio | 429 sqft | AED 577KAED 576,650 · Apr 2016April 2016 | 37,800 /yr | |
| 1315 | 1-bed | 804 sqft | AED 1.04MAED 1,044,240 · Apr 2016April 2016 | 60,000 /yr | |
| 1311A | Studio | 423 sqft | AED 373KAED 373,000 · Jun 2023June 2023 | 36,000 /yr |
1316, Viridis Residences A in numbers
- Sold once: by DAMAC on 27 June 2016 for AED 1,312,800, or AED 1,189 per sqft.
- Rented since April 2024 on one Ejari contract, at AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2016 price is 5.7%.
- 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 15 April 2024.
Questions about 1316, Viridis Residences A
What did unit 1316 last sell for?
AED 1,312,800 on 27 June 2016, sold by the developer: AED 1,189 per sqft for 1,104 sqft. It is the only registered sale of the unit.
What is the rent for unit 1316?
AED 75,000 a year on the contract signed on 15 April 2024.
How big is unit 1316?
1,104 sqft (102.6 sqm): a two-bedroom hotel apartment on the 13th floor of a 14-storey tower completed in 2023.
What is unit 1316 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 1316, Viridis Residences A
Starts from the last sale price (AED 1.31M, 27 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,312,800
- Deposit, UAE resident (20%)
- AED 262,560
- Deposit, non-resident (40%)
- AED 525,120
- Monthly over 25 years at 3.7%
- AED 5,371
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →