2-bed · 1,104 sqftViridis Residences A, Damac Hills 2 · 5th floor · completed 2023

516, Viridis Residences A

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

Unit 516 · DLD and Ejari recordsUpdated 12 January 2026
Last soldAED 920K16 December 2024
Current rentAED 78K /yr12 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Viridis Residences A

What is 516 worth today?

Last sold for AED 920,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Jan 2026RentedRenewal
AED 78,000/yr12 months · AED 71 per sqft
12 Jan 2025RentedNew contract
AED 78,000/yr12 months · AED 71 per sqft
12 Jan 2025RentedNew contract
AED 78,000/yr12 months · AED 71 per sqft
16 Dec 2024SoldReady
AED 920,000AED 833 per sqft
15 Oct 2024RentedNew contract
AED 75,000/yr12 months · AED 68 per sqft
25 Apr 2023Sold by developerReady
AED 806,000AED 730 per sqft

Source: Dubai Land Department. Updated 12 January 2026.

Key facts

Type
2-bed hotel apartment
Size
1,104 sqft
Floor
5th of 14
Parking
G-200
Developer
DAMAC
Completed
2023
Last sold
AED 920K · December 2024

About 516, Viridis Residences A

516 is a two-bedroom hotel apartment of 1,104 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 16 December 2024 for AED 920,000, or AED 833 per sqft, in line with the AED 820 two-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, renewed on 12 January 2026, is AED 78,000 a year: a gross yield of 8.5% on the 2024 price.

Sales and rents for 516 over time

Sales
Unit 516, each saleTypical two-bed in Viridis Residences A
1M2016201920222025Typical sale price by year: 2016 AED 1,380,628; 2023 AED 812,000; 2024 AED 890,000Sold by developer, April 2023: AED 806,000 (AED 730 per sqft)Sold, December 2024: AED 920,000 (AED 833 per sqft)

516 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 516, each contractTypical two-bed in Viridis Residences A
76K78K2024202520262027Typical rent by year: 2024 AED 75,000; 2025 AED 76,000; 2026 AED 75,000New contract, October 2024: AED 75,000 a yearNew contract, January 2025: AED 78,000 a yearNew contract, January 2025: AED 78,000 a yearRenewal, January 2026: AED 78,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Viridis Residences A, and where 516 sits

All 27 2-beds →

516 last sold in December 2024 at AED 833 per sqft, in line with what two-beds in Viridis Residences A were fetching at the time (AED 820). Over the last 12 months two-beds sold for AED 1,000,000 to 1,044,778, around AED 931 per sqft, and rent for AED 65,000 to 82,000 a year. 516's AED 78,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Apr 20261,044,778
25 Nov 20251,000,000
26 Jun 20251,003,636
25 Dec 2024860,000
2 2-bed 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

516, Viridis Residences A in numbers

  • Sold twice: first on 25 April 2023 for AED 806,000, last on 16 December 2024 for AED 920,000 (AED 833 per sqft).
  • Rented since October 2024 on 4 Ejari contracts, from AED 75,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2024 price is 8.5%.
  • Two-beds in Viridis Residences A sold for AED 1,000,000–1,044,778 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 12 January 2026.

Questions about 516, Viridis Residences A

What did unit 516 last sell for?

AED 920,000 on 16 December 2024: AED 833 per sqft for 1,104 sqft. The unit has 2 registered sales; the first was AED 806,000 in April 2023.

What is the rent for unit 516?

AED 78,000 a year on the contract renewed on 12 January 2026. The previous contract, from January 2025, was AED 78,000; the unit has been rented since October 2024.

How big is unit 516?

1,104 sqft (102.6 sqm): a two-bedroom hotel apartment on the 5th floor of a 14-storey tower completed in 2023.

What is unit 516 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Viridis Residences A sold for AED 1,000,000 to 1,044,778 in the last 12 months, around AED 931 per sqft.

Selling 516? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 516, Viridis Residences A

Starts from the last sale price (AED 920K, 16 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 920,000
Deposit, UAE resident (20%)
AED 184,000
Deposit, non-resident (40%)
AED 368,000
Monthly over 25 years at 3.7%
AED 3,764

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