Studio · 565 sqftViridis Residences A, Damac Hills 2 · 8th floor · completed 2023

802, Viridis Residences A

Sold prices and rental history: sold once, by the developer in October 2023, and rented once, from June 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 530K2 October 2023
Current rentAED 40K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Viridis Residences A

What is 802 worth today?

Last sold for AED 530,000 in 2023

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1 Jun 2024RentedNew contract
AED 40,000/yr12 months · AED 71 per sqft
2 Oct 2023Sold by developerReady
AED 530,000AED 937 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
Studio hotel apartment
Size
565 sqft
Floor
8th of 14
Parking
P1-364
Developer
DAMAC
Completed
2023
Last sold
AED 530K · October 2023

About 802, Viridis Residences A

802 is a studio of 565 sqft on the 8th floor of Viridis Residences A, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 2 October 2023 for AED 530,000, or AED 937 per sqft, 11% above the AED 846 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2024. The current contract, signed on 1 June 2024, is AED 40,000 a year: a gross yield of 7.5% on the 2023 price.

Sales and rents for 802 over time

Sales
Unit 802, 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, October 2023: AED 530,000 (AED 937 per sqft)

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

Rents
Unit 802, 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, June 2024: AED 40,000 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 802 sits

All 155 studios →

802 last sold in October 2023 at AED 937 per sqft, 11% above what studios in Viridis Residences A were fetching at the time (AED 846). 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. 802's AED 40,000 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 8th floor

All 220 units in Viridis Residences A
Value
8012-bedAED 1.46M · Jan 2016
803StudioAED 362K · Apr 2023
804StudioAED 385K · Jun 2024
805StudioAED 390K · Sep 2024
806StudioAED 415K · Feb 2024
807StudioAED 361K · Apr 2023
808StudioAED 360K · May 2024
1–7 of 17

802, Viridis Residences A in numbers

  • Sold once: by DAMAC on 2 October 2023 for AED 530,000, or AED 937 per sqft.
  • Rented since June 2024 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 7.5%.
  • 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 June 2024.

Questions about 802, Viridis Residences A

What did unit 802 last sell for?

AED 530,000 on 2 October 2023, sold by the developer: AED 937 per sqft for 565 sqft. It is the only registered sale of the unit.

What is the rent for unit 802?

AED 40,000 a year on the contract signed on 1 June 2024.

How big is unit 802?

565 sqft (52.5 sqm): a studio on the 8th floor of a 14-storey tower completed in 2023.

What is unit 802 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 802, Viridis Residences A

Starts from the last sale price (AED 530K, 2 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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