Studio · 566 sqftViridis Residences A, Damac Hills 2 · 14th floor · completed 2023

1402, Viridis Residences A

Sold prices and rental history: sold once, by the developer in September 2023, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 549K19 September 2023
Current rentAED 43K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Viridis Residences A

What is 1402 worth today?

Last sold for AED 549,000 in 2023

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1 Oct 2024RentedNew contract
AED 43,000/yr12 months · AED 75 per sqft
19 Sep 2023Sold by developerReady
AED 549,000AED 970 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
Studio hotel apartment
Size
566 sqft
Floor
14th of 14
Parking
P1-292
Developer
DAMAC
Completed
2023
Last sold
AED 549K · September 2023

About 1402, Viridis Residences A

1402 is a studio of 566 sqft on the 14th floor of Viridis Residences A, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 19 September 2023 for AED 549,000, or AED 970 per sqft, 15% above the AED 846 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2024. The current contract, signed on 1 October 2024, is AED 43,000 a year: a gross yield of 7.8% on the 2023 price.

Sales and rents for 1402 over time

Sales
Unit 1402, each saleTypical studio in Viridis Residences A
400K500K20152018202120242027Typical sale price by year: 2015 AED 531,625; 2016 AED 532,950; 2017 AED 483,000; 2022 AED 357,000; 2023 AED 360,000; 2024 AED 395,000; 2025 AED 437,500; 2026 AED 445,900Sold by developer, September 2023: AED 549,000 (AED 970 per sqft)

1402 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1402, each contractTypical studio in Viridis Residences A
35K40K20232024202520262027Typical rent by year: 2023 AED 32,000; 2024 AED 36,000; 2025 AED 40,000; 2026 AED 37,000New contract, October 2024: AED 43,000 a year

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

Studios in Viridis Residences A, and where 1402 sits

All 155 studios →

1402 last sold in September 2023 at AED 970 per sqft, 15% above what studios in Viridis Residences A were fetching at the time (AED 846). Over the last 12 months studios sold for AED 380,000 to 540,000, around AED 1,067 per sqft, and rent for AED 30,000 to 55,000 a year. 1402's AED 43,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
12 Oct 2026458,004
12 Aug 2026445,900
20 Jun 2026410,000
9 Jun 2026400,000
10 studio 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 14th floor

All 220 units in Viridis Residences A
Value
14012-bedAED 1.04M · Apr 2026
14031-bedAED 697K · May 2023
14041-bedAED 674K · Jul 2023
14051-bedAED 633K · Jul 2024
14061-bedAED 599K · Jun 2023
14071-bedAED 609K · Jun 2023
14082-bedAED 1.01M · Sep 2024
1–7 of 10

1402, Viridis Residences A in numbers

  • Sold once: by DAMAC on 19 September 2023 for AED 549,000, or AED 970 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2023 price is 7.8%.
  • Studios in Viridis Residences A sold for AED 380,000–540,000 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 October 2024.

Questions about 1402, Viridis Residences A

What did unit 1402 last sell for?

AED 549,000 on 19 September 2023, sold by the developer: AED 970 per sqft for 566 sqft. It is the only registered sale of the unit.

What is the rent for unit 1402?

AED 43,000 a year on the contract signed on 1 October 2024.

How big is unit 1402?

566 sqft (52.6 sqm): a studio on the 14th floor of a 14-storey tower completed in 2023.

What is unit 1402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Viridis Residences A sold for AED 380,000 to 540,000 in the last 12 months, around AED 1,067 per sqft.

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Mortgage on 1402, Viridis Residences A

Starts from the last sale price (AED 549K, 19 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 549,000
Deposit, UAE resident (20%)
AED 109,800
Deposit, non-resident (40%)
AED 219,600
Monthly over 25 years at 3.7%
AED 2,246

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