506, Viridis Residences A
Sold prices and rental history: sold once, by the developer in January 2016, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Viridis Residences A
What is 506 worth today?
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Source: Dubai Land Department. Updated 21 November 2024.
Key facts
- Type
- Studio hotel apartment
- Size
- 417 sqft
- Floor
- 5th of 14
- Parking
- P1-405
- Developer
- DAMAC
- Completed
- 2023
- Last sold
- AED 523K · January 2016
- Building
- Viridis Residences A
About 506, Viridis Residences A
506 is a studio of 417 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 28 January 2016 for AED 522,500, or AED 1,252 per sqft, in line with the AED 1,244 studios in the building were fetching at the time.
One Ejari contract is registered, from 21 November 2024. The current contract, signed on 21 November 2024, is AED 40,000 a year: a gross yield of 7.7% on the 2016 price.
Sales and rents for 506 over time
506 has sold once; the dashed line is the studio median of each year in the building.
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 506 sits
All 155 studios →506 last sold in January 2016 at AED 1,252 per sqft, in line with 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. 506's AED 40,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Oct 202612 October 2026 | 420 sqft | 458,004 | 1,090 | ||
| 12 Aug 202612 August 2026 | 418 sqft | 445,900 | 1,066 | ||
| 20 Jun 202620 June 2026 | 407 sqft | 410,000 | 1,006 | ||
| 9 Jun 20269 June 2026 | 364 sqft | 400,000 | 1,099 |
Viridis Residences A
Building220 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%
Other units on the 5th floor
All 220 units in Viridis Residences A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,094 sqft | AED 774KAED 774,060 · Apr 2023April 2023 | 76,000 /yr | |
| 502 | Studio | 565 sqft | AED 473KAED 473,000 · May 2023May 2023 | 36,000 /yr | |
| 503 | Studio | 429 sqft | AED 513KAED 512,560 · Jul 2016July 2016 | ||
| 504 | Studio | 417 sqft | AED 353KAED 353,000 · Jul 2023July 2023 | 35,000 /yr | |
| 505 | Studio | 432 sqft | AED 430KAED 430,000 · Sep 2025September 2025 | 40,000 /yr | |
| 507 | Studio | 216 sqft | AED 212KAED 212,000 · Jul 2024July 2024 | 41,887 /yr | |
| 508 | Studio | 407 sqft | AED 410KAED 410,000 · Jun 2026June 2026 | 35,000 /yr | |
| 509 | 1-bed | 750 sqft | AED 710KAED 710,000 · Jul 2025July 2025 | 58,000 /yr | |
| 510 | 1-bed | 762 sqft | AED 579KAED 579,000 · Jun 2023June 2023 | 44,469 /yr | |
| 511 | Studio | 355 sqft | AED 483KAED 483,000 · Feb 2017February 2017 | ||
| 512 | Studio | 429 sqft | AED 575KAED 574,560 · Apr 2016April 2016 | 36,000 /yr | |
| 513 | Studio | 420 sqft | AED 458KAED 458,004 · Oct 2026October 2026 | 33,000 /yr | |
| 514 | Studio | 427 sqft | AED 350KAED 350,000 · Dec 2023December 2023 | 38,000 /yr | |
| 515 | Studio | 377 sqft | AED 420KAED 420,000 · Aug 2024August 2024 | 56,000 /yr | |
| 516 | 2-bed | 1,104 sqft | AED 920KAED 920,000 · Dec 2024December 2024 | 78,000 /yr | |
| 511A | Studio | 423 sqft | AED 445KAED 445,000 · May 2025May 2025 | 36,000 /yr | |
| 515A | Studio | 431 sqft | AED 360KAED 360,000 · Apr 2023April 2023 | 55,000 /yr |
506, Viridis Residences A in numbers
- Sold once: by DAMAC on 28 January 2016 for AED 522,500, or AED 1,252 per sqft.
- Rented since November 2024 on one Ejari contract, at AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2016 price is 7.7%.
- 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 21 November 2024.
Questions about 506, Viridis Residences A
What did unit 506 last sell for?
AED 522,500 on 28 January 2016, sold by the developer: AED 1,252 per sqft for 417 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 40,000 a year on the contract signed on 21 November 2024.
How big is unit 506?
417 sqft (38.7 sqm): a studio on the 5th floor of a 14-storey tower completed in 2023.
What is unit 506 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 506, Viridis Residences A
Starts from the last sale price (AED 523K, 28 January 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 522,500
- Deposit, UAE resident (20%)
- AED 104,500
- Deposit, non-resident (40%)
- AED 209,000
- Monthly over 25 years at 3.7%
- AED 2,138
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →