Studio · 418 sqftViridis Residences B, Damac Hills 2 · 11th floor · completed 2023

1106, Viridis Residences B

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

Unit 1106 · DLD and Ejari recordsUpdated 3 November 2024
Last soldAED 358K5 July 2023
Current rentAED 40K /yr3 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1106, Viridis Residences B

What is 1106 worth today?

Last sold for AED 358,000 in 2023

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3 Nov 2024RentedNew contract
AED 40,000/yr12 months · AED 95 per sqft
5 Jul 2023Sold by developerReady
AED 358,000AED 856 per sqft

Source: Dubai Land Department. Updated 3 November 2024.

Key facts

Type
Studio hotel apartment
Size
418 sqft
Floor
11th of 14
Parking
P1-185
Developer
DAMAC
Completed
2023
Last sold
AED 358K · July 2023

About 1106, Viridis Residences B

1106 is a studio of 418 sqft on the 11th floor of Viridis Residences B, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 5 July 2023 for AED 358,000, or AED 856 per sqft, in line with the AED 844 studios in the building were fetching at the time.

One Ejari contract is registered, from 3 November 2024. The current contract, signed on 3 November 2024, is AED 40,000 a year: a gross yield of 11.2% on the 2023 price.

Sales and rents for 1106 over time

Sales
Unit 1106, each saleTypical studio in Viridis Residences B
400K500K20152018202120242027Typical 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, July 2023: AED 358,000 (AED 856 per sqft)

1106 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1106, 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, November 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 B, and where 1106 sits

All 146 studios →

1106 last sold in July 2023 at AED 856 per sqft, in line with what studios in Viridis Residences B were fetching at the time (AED 844). 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. 1106's AED 40,000 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 11th floor

All 213 units in Viridis Residences B
Value
11012-bedAED 812K · Jun 2023
1102StudioAED 719K · Dec 2015
1103StudioAED 365K · Apr 2023
1104StudioAED 543K · Dec 2015
1105StudioAED 364K · Jun 2023
1107StudioAED 364K · Jun 2023
1108StudioAED 492K · Jan 2016
1–7 of 15

1106, Viridis Residences B in numbers

  • Sold once: by DAMAC on 5 July 2023 for AED 358,000, or AED 856 per sqft.
  • Rented since November 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 11.2%.
  • 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 3 November 2024.

Questions about 1106, Viridis Residences B

What did unit 1106 last sell for?

AED 358,000 on 5 July 2023, sold by the developer: AED 856 per sqft for 418 sqft. It is the only registered sale of the unit.

What is the rent for unit 1106?

AED 40,000 a year on the contract signed on 3 November 2024.

How big is unit 1106?

418 sqft (38.8 sqm): a studio on the 11th floor of a 14-storey tower completed in 2023.

What is unit 1106 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 1106, Viridis Residences B

Starts from the last sale price (AED 358K, 5 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 358,000
Deposit, UAE resident (20%)
AED 71,600
Deposit, non-resident (40%)
AED 143,200
Monthly over 25 years at 3.7%
AED 1,465

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