Studio · 418 sqftViridis Residences B, Damac Hills 2 · 10th floor · completed 2023

1006, Viridis Residences B

Sold prices and rental history: sold 4 times, last in September 2024, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1006 · DLD and Ejari recordsUpdated 17 October 2024
Last soldAED 540K16 September 2024
Current rentAED 38K /yr17 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1006, Viridis Residences B

What is 1006 worth today?

Last sold for AED 540,000 in 2024

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17 Oct 2024RentedNew contract
AED 38,000/yr12 months · AED 91 per sqft
16 Sep 2024SoldReady
AED 540,000AED 1,291 per sqft
2 Sep 2024SoldReady
AED 420,000AED 1,004 per sqft
25 Jun 2018SoldOff-plan
AED 528,048AED 1,263 per sqft
14 Apr 2016Sold by developerOff-plan
AED 528,048AED 1,263 per sqft

Source: Dubai Land Department. Updated 17 October 2024.

Key facts

Type
Studio hotel apartment
Size
418 sqft
Floor
10th of 14
Parking
P1-193
Developer
DAMAC
Completed
2023
Last sold
AED 540K · September 2024

About 1006, Viridis Residences B

1006 is a studio of 418 sqft on the 10th floor of Viridis Residences B, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. It last sold on 16 September 2024 for AED 540,000, or AED 1,291 per sqft, 41% above the AED 918 studios in the building were fetching at the time.

One Ejari contract is registered, from 17 October 2024. The current contract, signed on 17 October 2024, is AED 38,000 a year: a gross yield of 7.0% on the 2024 price.

Sales and rents for 1006 over time

Sales
Unit 1006, each saleTypical studio in Viridis Residences B
300K400K500K20152018202120242027Typical sale price by year: 2015 AED 504,900; 2016 AED 523,488; 2018 AED 474,825; 2022 AED 334,910; 2023 AED 361,500; 2024 AED 386,500; 2025 AED 432,558; 2026 AED 470,000Sold by developer, April 2016: AED 528,048 (AED 1,263 per sqft)Sold, June 2018: AED 528,048 (AED 1,263 per sqft)Sold, September 2024: AED 540,000 (AED 1,291 per sqft)Sold, September 2024: AED 420,000 (AED 1,004 per sqft)

1006 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1006, each contractTypical studio in Viridis Residences B
35K40K20232024202520262027Typical rent by year: 2023 AED 32,500; 2024 AED 36,000; 2025 AED 40,000; 2026 AED 39,000New contract, October 2024: AED 38,000 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 B, and where 1006 sits

All 146 studios →

1006 last sold in September 2024 at AED 1,291 per sqft, 41% above what studios in Viridis Residences B were fetching at the time (AED 918). Over the last 12 months studios sold for AED 350,000 to 654,615, around AED 1,119 per sqft, and rent for AED 25,000 to 60,000 a year. 1006's AED 38,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Nov 2026350,000
24 Oct 2026426,000
25 Aug 2026495,439
24 Aug 2026425,000
18 studio sales in the last 12 months

Viridis Residences B

Building

213 apartments, studios to 2-bed over 14 floors in Damac Hills 2, completed in 2023 by DAMAC. 23 sold in the last 12 months.

Typical price per sqft
AED 1,111 Up 12.2%
Typical sale
AED 470K
Typical rent
AED 40K /yr
Typical yield
7.8%
Viridis Residences B, Damac Hills 2: prices, sales and rents →

Other units on the 10th floor

All 213 units in Viridis Residences B
Value
10012-bedAED 810K · Mar 2023
1002StudioAED 607K · Jul 2022
1003StudioAED 427K · Aug 2024
1004StudioAED 357K · Apr 2023
1005StudioAED 495K · Feb 2016
1007StudioAED 378K · Dec 2023
1008StudioAED 482K · Feb 2016
1–7 of 17

1006, Viridis Residences B in numbers

  • Sold 4 times: first on 14 April 2016 for AED 528,048, last on 16 September 2024 for AED 540,000 (AED 1,291 per sqft).
  • Rented since October 2024 on one Ejari contract, at AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2024 price is 7.0%.
  • Studios in Viridis Residences B sold for AED 350,000–654,615 in the 12 months to November 2026; the building's median across all types is AED 1,111 per sqft.

Source: Dubai Land Department. Updated 17 October 2024.

Questions about 1006, Viridis Residences B

What did unit 1006 last sell for?

AED 540,000 on 16 September 2024: AED 1,291 per sqft for 418 sqft. The unit has 4 registered sales; the first was AED 528,048 in April 2016.

What is the rent for unit 1006?

AED 38,000 a year on the contract signed on 17 October 2024.

How big is unit 1006?

418 sqft (38.8 sqm): a studio on the 10th floor of a 14-storey tower completed in 2023.

What is unit 1006 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Viridis Residences B sold for AED 350,000 to 654,615 in the last 12 months, around AED 1,119 per sqft.

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Mortgage on 1006, Viridis Residences B

Starts from the last sale price (AED 540K, 16 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

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