Studio · 216 sqftViridis Residences A, Damac Hills 2 · 5th floor · completed 2023

507, Viridis Residences A

Sold prices and rental history: sold twice, last in July 2024, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 25 December 2024
Last soldAED 212K5 July 2024
Current rentAED 42K /yr25 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Viridis Residences A

What is 507 worth today?

Last sold for AED 212,000 in 2024

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25 Dec 2024RentedNew contract
AED 41,887/yr12 months · AED 97 per sqft
5 Jul 2024SoldReady
AED 212,000AED 982 per sqft
9 May 2023Sold by developerReady
AED 348,230AED 806 per sqft

Source: Dubai Land Department. Updated 25 December 2024.

Key facts

Type
Studio hotel apartment
Size
216 sqft
Floor
5th of 14
Parking
P1-406
Developer
DAMAC
Completed
2023
Last sold
AED 212K · July 2024

About 507, Viridis Residences A

507 is a studio of 216 sqft on the 5th floor of Viridis Residences A, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. It last sold on 5 July 2024 for AED 212,000, or AED 982 per sqft, 7% above the AED 922 studios in the building were fetching at the time.

One Ejari contract is registered, from 25 December 2024. The current contract, signed on 25 December 2024, is AED 41,887 a year: a gross yield of 19.8% on the 2024 price.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical studio in Viridis Residences A
200K400K20152018202120242027Typical 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 348,230 (AED 806 per sqft)Sold, July 2024: AED 212,000 (AED 982 per sqft)

507 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 507, 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, December 2024: AED 41,887 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 507 sits

All 155 studios →

507 last sold in July 2024 at AED 982 per sqft, 7% above what studios in Viridis Residences A were fetching at the time (AED 922). 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. 507's AED 41,887 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
502StudioAED 473K · May 2023
503StudioAED 513K · Jul 2016
504StudioAED 353K · Jul 2023
505StudioAED 430K · Sep 2025
506StudioAED 523K · Jan 2016
508StudioAED 410K · Jun 2026
1–7 of 17

507, Viridis Residences A in numbers

  • Sold twice: first on 9 May 2023 for AED 348,230, last on 5 July 2024 for AED 212,000 (AED 982 per sqft).
  • Rented since December 2024 on one Ejari contract, at AED 41,887 a year.
  • At AED 41,887 a year the gross yield on the 2024 price is 19.8%.
  • 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 25 December 2024.

Questions about 507, Viridis Residences A

What did unit 507 last sell for?

AED 212,000 on 5 July 2024: AED 982 per sqft for 216 sqft. The unit has 2 registered sales; the first was AED 348,230 in May 2023.

What is the rent for unit 507?

AED 41,887 a year on the contract signed on 25 December 2024.

How big is unit 507?

216 sqft (20.1 sqm): a studio on the 5th floor of a 14-storey tower completed in 2023.

What is unit 507 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 507, Viridis Residences A

Starts from the last sale price (AED 212K, 5 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 212,000
Deposit, UAE resident (20%)
AED 42,400
Deposit, non-resident (40%)
AED 84,800
Monthly over 25 years at 3.7%
AED 867

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