2-bed · 1,093 sqftViridis Residences B, Damac Hills 2 · 12th floor · completed 2023

1201, Viridis Residences B

Sold prices and rental history: sold once, by the developer in December 2015, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 3 October 2026
Last soldAED 1.49M22 December 2015
Current rentAED 70K /yr3 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Viridis Residences B

What is 1201 worth today?

Last sold for AED 1,489,752 in 2015

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3 Oct 2026RentedNew contract
AED 70,000/yr12 months · AED 64 per sqft
2 Feb 2026RentedNew contract
AED 79,763/yr12 months · AED 73 per sqft
27 Jan 2025RentedNew contract
AED 74,799/yr12 months · AED 68 per sqft
27 Jan 2025RentedNew contract
AED 74,799/yr12 months · AED 68 per sqft
22 Dec 2015Sold by developerOff-plan
AED 1,489,752AED 1,363 per sqft

Source: Dubai Land Department. Updated 3 October 2026.

Key facts

Type
2-bed hotel apartment
Size
1,093 sqft
Floor
12th of 14
Parking
P1-180
Developer
DAMAC
Completed
2023
Last sold
AED 1.49M · December 2015

About 1201, Viridis Residences B

1201 is a two-bedroom hotel apartment of 1,093 sqft on the 12th floor of Viridis Residences B, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 22 December 2015 for AED 1,489,752, or AED 1,363 per sqft, in line with the AED 1,337 two-beds in the building were fetching at the time.

It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, signed on 3 October 2026, is AED 70,000 a year: a gross yield of 4.7% on the 2015 price.

Sales and rents for 1201 over time

Sales
Unit 1201, 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, December 2015: AED 1,489,752 (AED 1,363 per sqft)

1201 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, each contractTypical two-bed in Viridis Residences B
70K80K2024202520262027Typical rent by year: 2024 AED 67,500; 2025 AED 72,000; 2026 AED 72,500New contract, January 2025: AED 74,799 a yearNew contract, January 2025: AED 74,799 a yearNew contract, February 2026: AED 79,763 a yearNew contract, October 2026: AED 70,000 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 1201 sits

All 27 2-beds →

1201 last sold in December 2015 at AED 1,363 per sqft, in line with what two-beds in Viridis Residences B were fetching at the time (AED 1,337). 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. 1201's AED 70,000 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 12th floor

All 213 units in Viridis Residences B
Value
1202StudioAED 648K · Aug 2023
1203StudioAED 560K · Dec 2015
1204StudioAED 470K · Jan 2026
1205StudioAED 554K · Oct 2015
1206StudioAED 567K · Apr 2016
1207StudioAED 400K · Oct 2025
1208StudioAED 393K · Oct 2024
1–7 of 17

1201, Viridis Residences B in numbers

  • Sold once: by DAMAC on 22 December 2015 for AED 1,489,752, or AED 1,363 per sqft.
  • Rented since January 2025 on 4 Ejari contracts, from AED 74,799 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2015 price is 4.7%.
  • 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 3 October 2026.

Questions about 1201, Viridis Residences B

What did unit 1201 last sell for?

AED 1,489,752 on 22 December 2015, sold by the developer: AED 1,363 per sqft for 1,093 sqft. It is the only registered sale of the unit.

What is the rent for unit 1201?

AED 70,000 a year on the contract signed on 3 October 2026. The previous contract, from February 2026, was AED 79,763; the unit has been rented since January 2025.

How big is unit 1201?

1,093 sqft (101.5 sqm): a two-bedroom hotel apartment on the 12th floor of a 14-storey tower completed in 2023.

What is unit 1201 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 1201, Viridis Residences B

Starts from the last sale price (AED 1.49M, 22 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,489,752
Deposit, UAE resident (20%)
AED 297,950
Deposit, non-resident (40%)
AED 595,901
Monthly over 25 years at 3.7%
AED 6,095

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