Studio · 429 sqftViridis Residences B, Damac Hills 2 · 11th floor · completed 2023

1114, Viridis Residences B

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

Unit 1114 · DLD and Ejari recordsUpdated 12 October 2024
Last soldAED 351K8 February 2023
Current rentAED 35K /yr12 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1114, Viridis Residences B

What is 1114 worth today?

Last sold for AED 351,140 in 2023

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12 Oct 2024RentedNew contract
AED 35,000/yr12 months · AED 81 per sqft
8 Feb 2023Sold by developerReady
AED 351,140AED 818 per sqft

Source: Dubai Land Department. Updated 12 October 2024.

Key facts

Type
Studio hotel apartment
Size
429 sqft
Floor
11th of 14
Parking
G-256
Developer
DAMAC
Completed
2023
Last sold
AED 351K · February 2023

About 1114, Viridis Residences B

1114 is a studio of 429 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 8 February 2023 for AED 351,140, or AED 818 per sqft, in line with the AED 837 studios in the building were fetching at the time.

One Ejari contract is registered, from 12 October 2024. The current contract, signed on 12 October 2024, is AED 35,000 a year: a gross yield of 10.0% on the 2023 price.

Sales and rents for 1114 over time

Sales
Unit 1114, 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, February 2023: AED 351,140 (AED 818 per sqft)

1114 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1114, 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 35,000 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 1114 sits

All 146 studios →

1114 last sold in February 2023 at AED 818 per sqft, in line with what studios in Viridis Residences B were fetching at the time (AED 837). 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. 1114's AED 35,000 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
1106StudioAED 358K · Jul 2023
1107StudioAED 364K · Jun 2023
1–7 of 15

1114, Viridis Residences B in numbers

  • Sold once: by DAMAC on 8 February 2023 for AED 351,140, or AED 818 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2023 price is 10.0%.
  • 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 12 October 2024.

Questions about 1114, Viridis Residences B

What did unit 1114 last sell for?

AED 351,140 on 8 February 2023, sold by the developer: AED 818 per sqft for 429 sqft. It is the only registered sale of the unit.

What is the rent for unit 1114?

AED 35,000 a year on the contract signed on 12 October 2024.

How big is unit 1114?

429 sqft (39.9 sqm): a studio on the 11th floor of a 14-storey tower completed in 2023.

What is unit 1114 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 1114, Viridis Residences B

Starts from the last sale price (AED 351K, 8 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 351,140
Deposit, UAE resident (20%)
AED 70,228
Deposit, non-resident (40%)
AED 140,456
Monthly over 25 years at 3.7%
AED 1,437

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