Studio · 429 sqftViridis Residences A, Damac Hills 2 · 5th floor · completed 2023

503, Viridis Residences A

Sold prices and rental history: sold once, by the developer in July 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 26 July 2016
Last soldAED 513K26 July 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Viridis Residences A

What is 503 worth today?

Last sold for AED 512,560 in 2016

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26 Jul 2016Sold by developerOff-plan
AED 512,560AED 1,194 per sqft

Source: Dubai Land Department. Updated 26 July 2016.

Key facts

Type
Studio hotel apartment
Size
429 sqft
Floor
5th of 14
Parking
P2-55
Developer
DAMAC
Completed
2023
Last sold
AED 513K · July 2016

About 503, Viridis Residences A

503 is a studio of 429 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 26 July 2016 for AED 512,560, or AED 1,194 per sqft, 5% below the AED 1,251 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales
Unit 503, 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, July 2016: AED 512,560 (AED 1,194 per sqft)

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

Rents
Unit 503, 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 37,000

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 503 sits

All 155 studios →

503 last sold in July 2016 at AED 1,194 per sqft, 5% below what studios in Viridis Residences A were fetching at the time (AED 1,251). 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.

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
502StudioAED 473K · May 2023
504StudioAED 353K · Jul 2023
505StudioAED 430K · Sep 2025
506StudioAED 523K · Jan 2016
507StudioAED 212K · Jul 2024
508StudioAED 410K · Jun 2026
1–7 of 17

503, Viridis Residences A in numbers

  • Sold once: by DAMAC on 26 July 2016 for AED 512,560, or AED 1,194 per sqft.
  • 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 26 July 2016.

Questions about 503, Viridis Residences A

What did unit 503 last sell for?

AED 512,560 on 26 July 2016, sold by the developer: AED 1,194 per sqft for 429 sqft. It is the only registered sale of the unit.

How big is unit 503?

429 sqft (39.9 sqm): a studio on the 5th floor of a 14-storey tower completed in 2023.

What is unit 503 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 503, Viridis Residences A

Starts from the last sale price (AED 513K, 26 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 512,560
Deposit, UAE resident (20%)
AED 102,512
Deposit, non-resident (40%)
AED 205,024
Monthly over 25 years at 3.7%
AED 2,097

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