Studio · 427 sqftViridis Residences B, Damac Hills 2 · 12th floor · completed 2023

1214, Viridis Residences B

Sold prices and rental history: sold once, by the developer in April 2016, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1214 · DLD and Ejari recordsUpdated 14 October 2024
Last soldAED 547K27 April 2016
Current rentAED 40K /yr14 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1214, Viridis Residences B

What is 1214 worth today?

Last sold for AED 547,371 in 2016

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14 Oct 2024RentedNew contract
AED 40,000/yr12 months · AED 93 per sqft
27 Apr 2016Sold by developerOff-plan
AED 547,371AED 1,280 per sqft

Source: Dubai Land Department. Updated 14 October 2024.

Key facts

Type
Studio hotel apartment
Size
427 sqft
Floor
12th of 14
Parking
G-187
Developer
DAMAC
Completed
2023
Last sold
AED 547K · April 2016

About 1214, Viridis Residences B

1214 is a studio of 427 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 27 April 2016 for AED 547,371, or AED 1,280 per sqft, 4% above the AED 1,231 studios in the building were fetching at the time.

One Ejari contract is registered, from 14 October 2024. The current contract, signed on 14 October 2024, is AED 40,000 a year: a gross yield of 7.3% on the 2016 price.

Sales and rents for 1214 over time

Sales
Unit 1214, each saleTypical studio in Viridis Residences B
300K400K500K20152018202120242027Typical 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, April 2016: AED 547,371 (AED 1,280 per sqft)

1214 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1214, 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 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 1214 sits

All 146 studios →

1214 last sold in April 2016 at AED 1,280 per sqft, 4% above what studios in Viridis Residences B were fetching at the time (AED 1,231). 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. 1214'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 12th floor

All 213 units in Viridis Residences B
Value
12012-bedAED 1.49M · Dec 2015
1202StudioAED 648K · Aug 2023
1203StudioAED 560K · Dec 2015
1204StudioAED 470K · Jan 2026
1205StudioAED 554K · Oct 2015
1206StudioAED 567K · Apr 2016
1207StudioAED 400K · Oct 2025
1–7 of 17

1214, Viridis Residences B in numbers

  • Sold once: by DAMAC on 27 April 2016 for AED 547,371, or AED 1,280 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2016 price is 7.3%.
  • 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 14 October 2024.

Questions about 1214, Viridis Residences B

What did unit 1214 last sell for?

AED 547,371 on 27 April 2016, sold by the developer: AED 1,280 per sqft for 427 sqft. It is the only registered sale of the unit.

What is the rent for unit 1214?

AED 40,000 a year on the contract signed on 14 October 2024.

How big is unit 1214?

427 sqft (39.7 sqm): a studio on the 12th floor of a 14-storey tower completed in 2023.

What is unit 1214 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 1214, Viridis Residences B

Starts from the last sale price (AED 547K, 27 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 547,371
Deposit, UAE resident (20%)
AED 109,474
Deposit, non-resident (40%)
AED 218,948
Monthly over 25 years at 3.7%
AED 2,239

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