Studio · 429 sqftViridis Residences A, Damac Hills 2 · 3rd floor · completed 2023

312, Viridis Residences A

Sold prices and rental history: sold once, by the developer in January 2016, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 15 May 2025
Last soldAED 512K27 January 2016
Current rentAED 40K /yr15 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Viridis Residences A

What is 312 worth today?

Last sold for AED 511,632 in 2016

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15 May 2025RentedRenewal
AED 40,000/yr12 months · AED 93 per sqft
15 May 2024RentedNew contract
AED 37,000/yr12 months · AED 86 per sqft
27 Jan 2016Sold by developerOff-plan
AED 511,632AED 1,192 per sqft

Source: Dubai Land Department. Updated 15 May 2025.

Key facts

Type
Studio hotel apartment
Size
429 sqft
Floor
3rd of 14
Parking
P2-73
Developer
DAMAC
Completed
2023
Last sold
AED 512K · January 2016

About 312, Viridis Residences A

312 is a studio of 429 sqft on the 3rd floor of Viridis Residences A, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 27 January 2016 for AED 511,632, or AED 1,192 per sqft, 4% below the AED 1,244 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 15 May 2025, is AED 40,000 a year: a gross yield of 7.8% on the 2016 price.

Sales and rents for 312 over time

Sales
Unit 312, 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, January 2016: AED 511,632 (AED 1,192 per sqft)

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

Rents
Unit 312, 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, May 2024: AED 37,000 a yearRenewal, May 2025: AED 40,000 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 312 sits

All 155 studios →

312 last sold in January 2016 at AED 1,192 per sqft, 4% below what studios in Viridis Residences A were fetching at the time (AED 1,244). 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. 312's AED 40,000 is in the lower 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 3rd floor

All 220 units in Viridis Residences A
Value
3012-bedAED 1.45M · Dec 2015
302StudioAED 670K · Feb 2016
303StudioAED 320K · Sep 2023
304StudioAED 448K · Oct 2023
305StudioAED 425K · Jun 2025
306StudioAED 502K · Jan 2016
307StudioAED 357K · May 2023
1–7 of 17

312, Viridis Residences A in numbers

  • Sold once: by DAMAC on 27 January 2016 for AED 511,632, or AED 1,192 per sqft.
  • Rented since May 2024 on 2 Ejari contracts, from AED 37,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2016 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 15 May 2025.

Questions about 312, Viridis Residences A

What did unit 312 last sell for?

AED 511,632 on 27 January 2016, sold by the developer: AED 1,192 per sqft for 429 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 40,000 a year on the contract renewed on 15 May 2025. The previous contract, from May 2024, was AED 37,000.

How big is unit 312?

429 sqft (39.9 sqm): a studio on the 3rd floor of a 14-storey tower completed in 2023.

What is unit 312 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 312, Viridis Residences A

Starts from the last sale price (AED 512K, 27 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 511,632
Deposit, UAE resident (20%)
AED 102,326
Deposit, non-resident (40%)
AED 204,653
Monthly over 25 years at 3.7%
AED 2,093

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