Studio · 429 sqftViridis Residences A, Damac Hills 2 · 4th floor · completed 2023

412, Viridis Residences A

Sold prices and rental history: sold once, by the developer in February 2016, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 20 August 2024
Last soldAED 512K21 February 2016
Current rentAED 37K /yr20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Viridis Residences A

What is 412 worth today?

Last sold for AED 511,632 in 2016

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20 Aug 2024RentedNew contract
AED 37,000/yr12 months · AED 86 per sqft
12 Jul 2023RentedNew contract
AED 32,000/yr12 months · AED 75 per sqft
21 Feb 2016Sold by developerOff-plan
AED 511,632AED 1,192 per sqft

Source: Dubai Land Department. Updated 20 August 2024.

Key facts

Type
Studio hotel apartment
Size
429 sqft
Floor
4th of 14
Parking
P2-58
Developer
DAMAC
Completed
2023
Last sold
AED 512K · February 2016

About 412, Viridis Residences A

412 is a studio of 429 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 21 February 2016 for AED 511,632, or AED 1,192 per sqft, 4% below the AED 1,238 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 20 August 2024, is AED 37,000 a year: a gross yield of 7.2% on the 2016 price.

Sales and rents for 412 over time

Sales
Unit 412, 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, February 2016: AED 511,632 (AED 1,192 per sqft)

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

Rents
Unit 412, 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, July 2023: AED 32,000 a yearNew contract, August 2024: AED 37,000 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 412 sits

All 155 studios →

412 last sold in February 2016 at AED 1,192 per sqft, 4% below what studios in Viridis Residences A were fetching at the time (AED 1,238). 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. 412's AED 37,000 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
407StudioAED 358K · Jun 2023
1–7 of 17

412, Viridis Residences A in numbers

  • Sold once: by DAMAC on 21 February 2016 for AED 511,632, or AED 1,192 per sqft.
  • Rented since July 2023 on 2 Ejari contracts, from AED 32,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2016 price is 7.2%.
  • 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 20 August 2024.

Questions about 412, Viridis Residences A

What did unit 412 last sell for?

AED 511,632 on 21 February 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 412?

AED 37,000 a year on the contract signed on 20 August 2024. The previous contract, from July 2023, was AED 32,000.

How big is unit 412?

429 sqft (39.9 sqm): a studio on the 4th floor of a 14-storey tower completed in 2023.

What is unit 412 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 412, Viridis Residences A

Starts from the last sale price (AED 512K, 21 February 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 →