Studio · 427 sqftViridis Residences A, Damac Hills 2 · 4th floor · completed 2023

414, Viridis Residences A

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

Unit 414 · DLD and Ejari recordsUpdated 10 May 2023
Last soldAED 511K27 January 2016
Current rentAED 33K /yr10 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 414, Viridis Residences A

What is 414 worth today?

Last sold for AED 510,720 in 2016

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10 May 2023RentedNew contract
AED 33,000/yr12 months · AED 77 per sqft
27 Jan 2016Sold by developerOff-plan
AED 510,720AED 1,194 per sqft

Source: Dubai Land Department. Updated 10 May 2023.

Key facts

Type
Studio hotel apartment
Size
427 sqft
Floor
4th of 14
Parking
P2-60
Developer
DAMAC
Completed
2023
Last sold
AED 511K · January 2016

About 414, Viridis Residences A

414 is a studio of 427 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 27 January 2016 for AED 510,720, or AED 1,194 per sqft, 4% below the AED 1,244 studios in the building were fetching at the time.

One Ejari contract is registered, from 10 May 2023. The current contract, signed on 10 May 2023, is AED 33,000 a year: a gross yield of 6.5% on the 2016 price.

Sales and rents for 414 over time

Sales
Unit 414, 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 510,720 (AED 1,194 per sqft)

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

Rents
Unit 414, 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 2023: AED 33,000 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 414 sits

All 155 studios →

414 last sold in January 2016 at AED 1,194 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. 414's AED 33,000 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

414, Viridis Residences A in numbers

  • Sold once: by DAMAC on 27 January 2016 for AED 510,720, or AED 1,194 per sqft.
  • Rented since May 2023 on one Ejari contract, at AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2016 price is 6.5%.
  • 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 10 May 2023.

Questions about 414, Viridis Residences A

What did unit 414 last sell for?

AED 510,720 on 27 January 2016, sold by the developer: AED 1,194 per sqft for 427 sqft. It is the only registered sale of the unit.

What is the rent for unit 414?

AED 33,000 a year on the contract signed on 10 May 2023.

How big is unit 414?

427 sqft (39.7 sqm): a studio on the 4th floor of a 14-storey tower completed in 2023.

What is unit 414 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 414, Viridis Residences A

Starts from the last sale price (AED 511K, 27 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 510,720
Deposit, UAE resident (20%)
AED 102,144
Deposit, non-resident (40%)
AED 204,288
Monthly over 25 years at 3.7%
AED 2,090

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