2-bed · 1,104 sqftViridis Residences A, Damac Hills 2 · 8th floor · completed 2023

816, Viridis Residences A

Sold prices and rental history: sold once, by the developer in May 2016, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 816 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 1.34M26 May 2016
Current rentAED 85K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 816, Viridis Residences A

What is 816 worth today?

Last sold for AED 1,340,150 in 2016

Unlock today's estimate, updated daily, with

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

1 May 2024RentedNew contract
AED 85,000/yr12 months · AED 77 per sqft
26 May 2016Sold by developerOff-plan
AED 1,340,150AED 1,214 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
2-bed hotel apartment
Size
1,104 sqft
Floor
8th of 14
Parking
G-194
Developer
DAMAC
Completed
2023
Last sold
AED 1.34M · May 2016

About 816, Viridis Residences A

816 is a two-bedroom hotel apartment of 1,104 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 26 May 2016 for AED 1,340,150, or AED 1,214 per sqft, 4% below the AED 1,271 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2024. The current contract, signed on 1 May 2024, is AED 85,000 a year: a gross yield of 6.3% on the 2016 price.

Sales and rents for 816 over time

Sales
Unit 816, 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, May 2016: AED 1,340,150 (AED 1,214 per sqft)

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

Rents
Unit 816, each contractTypical two-bed in Viridis Residences A
75K80K85K2024202520262027Typical rent by year: 2024 AED 75,000; 2025 AED 76,000; 2026 AED 75,000New contract, May 2024: AED 85,000 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 816 sits

All 27 2-beds →

816 last sold in May 2016 at AED 1,214 per sqft, 4% below what two-beds in Viridis Residences A were fetching at the time (AED 1,271). 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. 816's AED 85,000 is at the top 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 8th floor

All 220 units in Viridis Residences A
Value
8012-bedAED 1.46M · Jan 2016
802StudioAED 530K · Oct 2023
803StudioAED 362K · Apr 2023
804StudioAED 385K · Jun 2024
805StudioAED 390K · Sep 2024
806StudioAED 415K · Feb 2024
807StudioAED 361K · Apr 2023
1–7 of 17

816, Viridis Residences A in numbers

  • Sold once: by DAMAC on 26 May 2016 for AED 1,340,150, or AED 1,214 per sqft.
  • Rented since May 2024 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2016 price is 6.3%.
  • 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 1 May 2024.

Questions about 816, Viridis Residences A

What did unit 816 last sell for?

AED 1,340,150 on 26 May 2016, sold by the developer: AED 1,214 per sqft for 1,104 sqft. It is the only registered sale of the unit.

What is the rent for unit 816?

AED 85,000 a year on the contract signed on 1 May 2024.

How big is unit 816?

1,104 sqft (102.6 sqm): a two-bedroom hotel apartment on the 8th floor of a 14-storey tower completed in 2023.

What is unit 816 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 816? 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 816, Viridis Residences A

Starts from the last sale price (AED 1.34M, 26 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,340,150
Deposit, UAE resident (20%)
AED 268,030
Deposit, non-resident (40%)
AED 536,060
Monthly over 25 years at 3.7%
AED 5,483

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