2-bed · 1,104 sqftViridis Residences B, Damac Hills 2 · 12th floor · completed 2023

1216, Viridis Residences B

Sold prices and rental history: sold once, by the developer in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1216 · DLD and Ejari recordsUpdated 26 June 2023
Last soldAED 789K26 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1216, Viridis Residences B

What is 1216 worth today?

Last sold for AED 789,450 in 2023

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26 Jun 2023Sold by developerReady
AED 789,450AED 714 per sqft

Source: Dubai Land Department. Updated 26 June 2023.

Key facts

Type
2-bed hotel apartment
Size
1,104 sqft
Floor
12th of 14
Parking
P1-226
Developer
DAMAC
Completed
2023
Last sold
AED 789K · June 2023

About 1216, Viridis Residences B

1216 is a two-bedroom hotel apartment of 1,104 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 26 June 2023 for AED 789,450, or AED 714 per sqft, in line with the AED 729 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1216 over time

Sales
Unit 1216, 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, June 2023: AED 789,450 (AED 714 per sqft)

1216 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1216, each contractTypical two-bed in Viridis Residences B
68K70K73K2024202520262027Typical rent by year: 2024 AED 67,500; 2025 AED 72,000; 2026 AED 72,500

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 1216 sits

All 27 2-beds →

1216 last sold in June 2023 at AED 714 per sqft, in line with what two-beds in Viridis Residences B were fetching at the time (AED 729). 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.

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
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

1216, Viridis Residences B in numbers

  • Sold once: by DAMAC on 26 June 2023 for AED 789,450, or AED 714 per sqft.
  • 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 26 June 2023.

Questions about 1216, Viridis Residences B

What did unit 1216 last sell for?

AED 789,450 on 26 June 2023, sold by the developer: AED 714 per sqft for 1,104 sqft. It is the only registered sale of the unit.

How big is unit 1216?

1,104 sqft (102.6 sqm): a two-bedroom hotel apartment on the 12th floor of a 14-storey tower completed in 2023.

What is unit 1216 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 1216, Viridis Residences B

Starts from the last sale price (AED 789K, 26 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 789,450
Deposit, UAE resident (20%)
AED 157,890
Deposit, non-resident (40%)
AED 315,780
Monthly over 25 years at 3.7%
AED 3,230

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