2-bed · 1,091 sqftViridis Residences A, Damac Hills 2 · 2nd floor · completed 2023

201, Viridis Residences A

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

Unit 201 · DLD and Ejari recordsUpdated 3 March 2024
Last soldAED 879K25 October 2023
Current rentAED 75K /yr3 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Viridis Residences A

What is 201 worth today?

Last sold for AED 879,000 in 2023

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3 Mar 2024RentedNew contract
AED 75,000/yr12 months · AED 69 per sqft
25 Oct 2023Sold by developerReady
AED 879,000AED 805 per sqft

Source: Dubai Land Department. Updated 3 March 2024.

Key facts

Type
2-bed hotel apartment
Size
1,091 sqft
Floor
2nd of 14
Parking
G-207
Developer
DAMAC
Completed
2023
Last sold
AED 879K · October 2023

About 201, Viridis Residences A

201 is a two-bedroom hotel apartment of 1,091 sqft on the 2nd floor of Viridis Residences A, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 25 October 2023 for AED 879,000, or AED 805 per sqft, 10% above the AED 733 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 3 March 2024. The current contract, signed on 3 March 2024, is AED 75,000 a year: a gross yield of 8.5% on the 2023 price.

Sales and rents for 201 over time

Sales
Unit 201, 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, October 2023: AED 879,000 (AED 805 per sqft)

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

Rents
Unit 201, each contractTypical two-bed in Viridis Residences A
75K76K76K2024202520262027Typical rent by year: 2024 AED 75,000; 2025 AED 76,000; 2026 AED 75,000New contract, March 2024: AED 75,000 a year

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 201 sits

All 27 2-beds →

201 last sold in October 2023 at AED 805 per sqft, 10% above what two-beds in Viridis Residences A were fetching at the time (AED 733). 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. 201's AED 75,000 is in the upper half of that range.

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 2nd floor

All 220 units in Viridis Residences A
Value
202StudioAED 407K · Feb 2024
203StudioAED 516K · Feb 2016
204StudioAED 502K · Apr 2016
205StudioAED 575K · May 2016
206StudioAED 502K · Feb 2016
207StudioAED 354K · Jun 2023
208StudioAED 515K · Apr 2016
1–7 of 17

201, Viridis Residences A in numbers

  • Sold once: by DAMAC on 25 October 2023 for AED 879,000, or AED 805 per sqft.
  • Rented since March 2024 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 8.5%.
  • 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 3 March 2024.

Questions about 201, Viridis Residences A

What did unit 201 last sell for?

AED 879,000 on 25 October 2023, sold by the developer: AED 805 per sqft for 1,091 sqft. It is the only registered sale of the unit.

What is the rent for unit 201?

AED 75,000 a year on the contract signed on 3 March 2024.

How big is unit 201?

1,091 sqft (101.4 sqm): a two-bedroom hotel apartment on the 2nd floor of a 14-storey tower completed in 2023.

What is unit 201 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 201, Viridis Residences A

Starts from the last sale price (AED 879K, 25 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 879,000
Deposit, UAE resident (20%)
AED 175,800
Deposit, non-resident (40%)
AED 351,600
Monthly over 25 years at 3.7%
AED 3,596

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