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2-bed · 1,104 sqftViridis Residences B, Damac Hills 2 · 10th floor · completed 2023

1016, Viridis Residences B

Sold prices and rental history: sold once, by the developer in April 2016, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1016 · DLD and Ejari recordsUpdated 31 December 2025
Last soldAED 1.46M14 April 2016
Current rentAED 65K /yr31 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1016, Viridis Residences B

What is 1016 worth today?

Last sold for AED 1,457,100 in 2016

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31 Dec 2025RentedNew contract
AED 65,000/yr12 months · AED 59 per sqft
31 Dec 2023RentedNew contract
AED 65,000/yr12 months · AED 59 per sqft
14 Apr 2016Sold by developerOff-plan
AED 1,457,100AED 1,319 per sqft

Source: Dubai Land Department. Updated 31 December 2025.

Key facts

Type
2-bed hotel apartment
Size
1,104 sqft
Floor
10th of 14
Parking
P1-219
Developer
DAMAC
Completed
2023
Last sold
AED 1.46M · April 2016
Building
Viridis Residences B

About 1016, Viridis Residences B

1016 is a two-bedroom hotel apartment of 1,104 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 14 April 2016 for AED 1,457,100, or AED 1,319 per sqft, in line with the AED 1,324 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 31 December 2025, is AED 65,000 a year: a gross yield of 4.5% on the 2016 price.

Sales and rents for 1016 over time

Sales
Unit 1016, each saleTypical two-bed in Viridis Residences B
1M1.5M20152018202120242027Typical sale price by year: 2015 AED 1,461,100; 2016 AED 1,446,268; 2023 AED 803,000; 2024 AED 889,000; 2025 AED 936,930; 2026 AED 987,500Sold by developer, April 2016: AED 1,457,100 (AED 1,319 per sqft)

1016 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1016, each contractTypical two-bed in Viridis Residences B
65K70K20232024202520262027Typical rent by year: 2024 AED 67,500; 2025 AED 72,000; 2026 AED 72,500New contract, December 2023: AED 65,000 a yearNew contract, December 2025: AED 65,000 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 B, and where 1016 sits

All 27 2-beds →

1016 last sold in April 2016 at AED 1,319 per sqft, in line with what two-beds in Viridis Residences B were fetching at the time (AED 1,324). Over the last 12 months two-beds sold for AED 950,000 to 1,068,135, around AED 904 per sqft, and rent for AED 63,000 to 90,000 a year. 1016's AED 65,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Sep 20261,000,000
4 Sep 2026975,000
19 May 2026950,000
10 Feb 20261,068,135
4 2-bed 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
1006StudioAED 540K · Sep 2024
1007StudioAED 378K · Dec 2023
1–7 of 17

1016, Viridis Residences B in numbers

  • Sold once: by DAMAC on 14 April 2016 for AED 1,457,100, or AED 1,319 per sqft.
  • Rented since December 2023 on 2 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2016 price is 4.5%.
  • Two-beds in Viridis Residences B sold for AED 950,000–1,068,135 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 31 December 2025.

Questions about 1016, Viridis Residences B

What did unit 1016 last sell for?

AED 1,457,100 on 14 April 2016, sold by the developer: AED 1,319 per sqft for 1,104 sqft. It is the only registered sale of the unit.

What is the rent for unit 1016?

AED 65,000 a year on the contract signed on 31 December 2025. The previous contract, from December 2023, was AED 65,000.

How big is unit 1016?

1,104 sqft (102.6 sqm): a two-bedroom hotel apartment on the 10th floor of a 14-storey tower completed in 2023.

What is unit 1016 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 B sold for AED 950,000 to 1,068,135 in the last 12 months, around AED 904 per sqft.

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Mortgage on 1016, Viridis Residences B

Starts from the last sale price (AED 1.46M, 14 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,457,100
Deposit, UAE resident (20%)
AED 291,420
Deposit, non-resident (40%)
AED 582,840
Monthly over 25 years at 3.7%
AED 5,961

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