Studio · 432 sqftViridis Residences A, Damac Hills 2 · 4th floor · completed 2023

407, Viridis Residences A

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

Unit 407 · DLD and Ejari recordsUpdated 7 June 2026
Last soldAED 358K19 June 2023
Current rentAED 35K /yr7 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Viridis Residences A

What is 407 worth today?

Last sold for AED 358,000 in 2023

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7 Jun 2026RentedNew contract
AED 35,000/yr12 months · AED 81 per sqft
1 Sep 2025RentedNew contract
AED 41,000/yr12 months · AED 95 per sqft
31 Aug 2024RentedNew contract
AED 36,000/yr12 months · AED 84 per sqft
19 Jun 2023Sold by developerReady
AED 358,000AED 829 per sqft

Source: Dubai Land Department. Updated 7 June 2026.

Key facts

Type
Studio hotel apartment
Size
432 sqft
Floor
4th of 14
Parking
P2-68
Developer
DAMAC
Completed
2023
Last sold
AED 358K · June 2023

About 407, Viridis Residences A

407 is a studio of 432 sqft on the 4th floor of Viridis Residences A, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 19 June 2023 for AED 358,000, or AED 829 per sqft, in line with the AED 845 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 7 June 2026, is AED 35,000 a year: a gross yield of 9.8% on the 2023 price.

Sales and rents for 407 over time

Sales
Unit 407, 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, June 2023: AED 358,000 (AED 829 per sqft)

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

Rents
Unit 407, 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, August 2024: AED 36,000 a yearNew contract, September 2025: AED 41,000 a yearNew contract, June 2026: AED 35,000 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 407 sits

All 155 studios →

407 last sold in June 2023 at AED 829 per sqft, in line with what studios in Viridis Residences A were fetching at the time (AED 845). 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. 407's AED 35,000 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 4th floor

All 220 units in Viridis Residences A
Value
4012-bedAED 779K · Aug 2023
402StudioAED 515K · Aug 2023
403StudioAED 359K · May 2023
404StudioAED 502K · Feb 2016
405StudioAED 358K · May 2023
406StudioAED 502K · Jan 2016
408StudioAED 477K · Apr 2016
1–7 of 17

407, Viridis Residences A in numbers

  • Sold once: by DAMAC on 19 June 2023 for AED 358,000, or AED 829 per sqft.
  • Rented since August 2024 on 3 Ejari contracts, from AED 36,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2023 price is 9.8%.
  • 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 7 June 2026.

Questions about 407, Viridis Residences A

What did unit 407 last sell for?

AED 358,000 on 19 June 2023, sold by the developer: AED 829 per sqft for 432 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 35,000 a year on the contract signed on 7 June 2026. The previous contract, from September 2025, was AED 41,000; the unit has been rented since August 2024.

How big is unit 407?

432 sqft (40.1 sqm): a studio on the 4th floor of a 14-storey tower completed in 2023.

What is unit 407 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 407, Viridis Residences A

Starts from the last sale price (AED 358K, 19 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 358,000
Deposit, UAE resident (20%)
AED 71,600
Deposit, non-resident (40%)
AED 143,200
Monthly over 25 years at 3.7%
AED 1,465

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