1011, Viridis Residences B
Sold prices and rental history: sold once, by the developer in November 2018, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1011, Viridis Residences B
What is 1011 worth today?
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Source: Dubai Land Department. Updated 1 August 2024.
Key facts
- Type
- Studio hotel apartment
- Size
- 355 sqft
- Floor
- 10th of 14
- Parking
- P1-198
- Developer
- DAMAC
- Completed
- 2023
- Last sold
- AED 462K · November 2018
- Building
- Viridis Residences B
About 1011, Viridis Residences B
1011 is a studio of 355 sqft on the 10th floor of Viridis Residences B, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 25 November 2018 for AED 461,700, or AED 1,299 per sqft, in line with the AED 1,301 studios in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 August 2024, is AED 35,000 a year: a gross yield of 7.6% on the 2018 price.
Sales and rents for 1011 over time
1011 has sold once; the dashed line is the studio median of each year in the building.
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 1011 sits
All 146 studios →1011 last sold in November 2018 at AED 1,299 per sqft, in line with what studios in Viridis Residences B were fetching at the time (AED 1,301). 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. 1011's AED 35,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 431 sqft | 350,000 | 812 | ||
| 24 Oct 202624 October 2026 | 429 sqft | 426,000 | 993 | ||
| 25 Aug 202625 August 2026 | 429 sqft | 495,439 | 1,155 | ||
| 24 Aug 202624 August 2026 | 418 sqft | 425,000 | 1,016 |
Viridis Residences B
Building213 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%
Other units on the 10th floor
All 213 units in Viridis Residences B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,093 sqft | AED 810KAED 810,000 · Mar 2023March 2023 | 63,000 /yr | |
| 1002 | Studio | 566 sqft | AED 607KAED 607,000 · Jul 2022July 2022 | 47,000 /yr | |
| 1003 | Studio | 429 sqft | AED 427KAED 426,500 · Aug 2024August 2024 | 40,000 /yr | |
| 1004 | Studio | 418 sqft | AED 357KAED 357,000 · Apr 2023April 2023 | 39,893 /yr | |
| 1005 | Studio | 426 sqft | AED 495KAED 494,950 · Feb 2016February 2016 | 38,000 /yr | |
| 1006 | Studio | 418 sqft | AED 540KAED 540,000 · Sep 2024September 2024 | 38,000 /yr | |
| 1007 | Studio | 431 sqft | AED 378KAED 378,000 · Dec 2023December 2023 | ||
| 1008 | Studio | 407 sqft | AED 482KAED 481,536 · Feb 2016February 2016 | ||
| 1009 | 1-bed | 738 sqft | AED 800KAED 799,900 · Nov 2015November 2015 | 51,000 /yr | |
| 1010 | 1-bed | 750 sqft | AED 879KAED 879,368 · Nov 2015November 2015 | 58,000 /yr | |
| 1012 | Studio | 429 sqft | AED 516KAED 516,192 · Feb 2016February 2016 | 32,000 /yr | |
| 1013 | Studio | 420 sqft | AED 467KAED 466,704 · Feb 2026February 2026 | ||
| 1014 | Studio | 427 sqft | AED 355KAED 355,000 · Dec 2023December 2023 | ||
| 1015 | Studio | 377 sqft | AED 317KAED 316,540 · Jan 2023January 2023 | 40,000 /yr | |
| 1016 | 2-bed | 1,104 sqft | AED 1.46MAED 1,457,100 · Apr 2016April 2016 | 65,000 /yr | |
| 1011A | Studio | 423 sqft | AED 470KAED 470,000 · Feb 2026February 2026 | 40,000 /yr | |
| 1015A | Studio | 431 sqft | AED 364KAED 364,000 · May 2023May 2023 | 45,000 /yr |
1011, Viridis Residences B in numbers
- Sold once: by DAMAC on 25 November 2018 for AED 461,700, or AED 1,299 per sqft.
- Rented since September 2023 on 2 Ejari contracts, from AED 48,857 to AED 35,000 a year.
- At AED 35,000 a year the gross yield on the 2018 price is 7.6%.
- 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 1 August 2024.
Questions about 1011, Viridis Residences B
What did unit 1011 last sell for?
AED 461,700 on 25 November 2018, sold by the developer: AED 1,299 per sqft for 355 sqft. It is the only registered sale of the unit.
What is the rent for unit 1011?
AED 35,000 a year on the contract signed on 1 August 2024. The previous contract, from September 2023, was AED 48,857.
How big is unit 1011?
355 sqft (33.0 sqm): a studio on the 10th floor of a 14-storey tower completed in 2023.
What is unit 1011 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 1011, Viridis Residences B
Starts from the last sale price (AED 462K, 25 November 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 461,700
- Deposit, UAE resident (20%)
- AED 92,340
- Deposit, non-resident (40%)
- AED 184,680
- Monthly over 25 years at 3.7%
- AED 1,889
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →