Studio · 407 sqftViridis Residences A, Damac Hills 2 · 5th floor · completed 2023

508, Viridis Residences A

Sold prices and rental history: sold 3 times, last in June 2026, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 410K20 June 2026
Current rentAED 35K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Viridis Residences A

What is 508 worth today?

Last sold for AED 410,000 in 2026

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1 Sep 2026RentedNew contract
AED 35,000/yr12 months · AED 86 per sqft
20 Jun 2026SoldReady
AED 410,000AED 1,006 per sqft
19 Aug 2025RentedNew contract
AED 36,000/yr12 months · AED 88 per sqft
2 Jul 2025SoldReady
AED 430,000AED 1,055 per sqft
7 Apr 2016Sold by developerOff-plan
AED 475,950AED 1,168 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio hotel apartment
Size
407 sqft
Floor
5th of 14
Parking
P1-407
Developer
DAMAC
Completed
2023
Last sold
AED 410K · June 2026

About 508, Viridis Residences A

508 is a studio of 407 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 20 June 2026 for AED 410,000, or AED 1,006 per sqft, 6% below the AED 1,073 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 September 2026, is AED 35,000 a year: a gross yield of 8.5% on the 2026 price.

Sales and rents for 508 over time

Sales
Unit 508, 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, April 2016: AED 475,950 (AED 1,168 per sqft)Sold, July 2025: AED 430,000 (AED 1,055 per sqft)Sold, June 2026: AED 410,000 (AED 1,006 per sqft)

508 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 508, each contractTypical studio in Viridis Residences A
35K40K202320252027Typical rent by year: 2023 AED 32,000; 2024 AED 36,000; 2025 AED 40,000; 2026 AED 37,000New contract, August 2025: AED 36,000 a yearNew contract, September 2026: AED 35,000 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 508 sits

All 155 studios →

508 last sold in June 2026 at AED 1,006 per sqft, 6% below what studios in Viridis Residences A were fetching at the time (AED 1,073). 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. 508's AED 35,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
12 Oct 2026458,004
12 Aug 2026445,900
9 Jun 2026400,000
2 Jun 2026380,000
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
507StudioAED 212K · Jul 2024
1–7 of 17

508, Viridis Residences A in numbers

  • Sold 3 times: first on 7 April 2016 for AED 475,950, last on 20 June 2026 for AED 410,000 (AED 1,006 per sqft).
  • Rented since August 2025 on 2 Ejari contracts, from AED 36,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2026 price is 8.5%.
  • 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 1 September 2026.

Questions about 508, Viridis Residences A

What did unit 508 last sell for?

AED 410,000 on 20 June 2026: AED 1,006 per sqft for 407 sqft. The unit has 3 registered sales; the first was AED 475,950 in April 2016.

What is the rent for unit 508?

AED 35,000 a year on the contract signed on 1 September 2026. The previous contract, from August 2025, was AED 36,000.

How big is unit 508?

407 sqft (37.8 sqm): a studio on the 5th floor of a 14-storey tower completed in 2023.

What is unit 508 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 508, Viridis Residences A

Starts from the last sale price (AED 410K, 20 June 2026). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

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