Studio · 565 sqftViridis Residences A, Damac Hills 2 · 5th floor · completed 2023

502, Viridis Residences A

Sold prices and rental history: sold once, by the developer in May 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 20 May 2026
Last soldAED 473K11 May 2023
Current rentAED 36K /yr20 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Viridis Residences A

What is 502 worth today?

Last sold for AED 473,000 in 2023

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20 May 2026RentedNew contract
AED 36,000/yr12 months · AED 64 per sqft
15 Oct 2025RentedNew contract
AED 38,000/yr12 months · AED 67 per sqft
10 Apr 2025RentedNew contract
AED 40,000/yr12 months · AED 70 per sqft
11 May 2023Sold by developerReady
AED 473,000AED 836 per sqft

Source: Dubai Land Department. Updated 20 May 2026.

Key facts

Type
Studio hotel apartment
Size
565 sqft
Floor
5th of 14
Parking
P2-54
Developer
DAMAC
Completed
2023
Last sold
AED 473K · May 2023

About 502, Viridis Residences A

502 is a studio of 565 sqft on the 5th floor of Viridis Residences A, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 11 May 2023 for AED 473,000, or AED 836 per sqft, in line with the AED 845 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 20 May 2026, is AED 36,000 a year: a gross yield of 7.6% on the 2023 price.

Sales and rents for 502 over time

Sales
Unit 502, 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, May 2023: AED 473,000 (AED 836 per sqft)

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

Rents
Unit 502, 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, April 2025: AED 40,000 a yearNew contract, October 2025: AED 38,000 a yearNew contract, May 2026: AED 36,000 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 502 sits

All 155 studios →

502 last sold in May 2023 at AED 836 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. 502's AED 36,000 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 5th floor

All 220 units in Viridis Residences A
Value
5012-bedAED 774K · Apr 2023
503StudioAED 513K · Jul 2016
504StudioAED 353K · Jul 2023
505StudioAED 430K · Sep 2025
506StudioAED 523K · Jan 2016
507StudioAED 212K · Jul 2024
508StudioAED 410K · Jun 2026
1–7 of 17

502, Viridis Residences A in numbers

  • Sold once: by DAMAC on 11 May 2023 for AED 473,000, or AED 836 per sqft.
  • Rented since April 2025 on 3 Ejari contracts, from AED 40,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2023 price is 7.6%.
  • 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 May 2026.

Questions about 502, Viridis Residences A

What did unit 502 last sell for?

AED 473,000 on 11 May 2023, sold by the developer: AED 836 per sqft for 565 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 36,000 a year on the contract signed on 20 May 2026. The previous contract, from October 2025, was AED 38,000; the unit has been rented since April 2025.

How big is unit 502?

565 sqft (52.5 sqm): a studio on the 5th floor of a 14-storey tower completed in 2023.

What is unit 502 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 502, Viridis Residences A

Starts from the last sale price (AED 473K, 11 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 473,000
Deposit, UAE resident (20%)
AED 94,600
Deposit, non-resident (40%)
AED 189,200
Monthly over 25 years at 3.7%
AED 1,935

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