Studio · 407 sqftViridis Residences B, Damac Hills 2 · 4th floor · completed 2023

408, Viridis Residences B

Sold prices and rental history: sold twice, last in January 2026, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 470K20 January 2026
Current rentAED 38K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Viridis Residences B

What is 408 worth today?

Last sold for AED 470,000 in 2026

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1 Jun 2026RentedNew contract
AED 38,000/yr12 months · AED 93 per sqft
20 Jan 2026SoldReady
AED 470,000AED 1,153 per sqft
1 Feb 2025RentedNew contract
AED 42,113/yr12 months · AED 103 per sqft
19 Nov 2015Sold by developerOff-plan
AED 475,950AED 1,168 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
Studio hotel apartment
Size
407 sqft
Floor
4th of 14
Parking
P2-84
Developer
DAMAC
Completed
2023
Last sold
AED 470K · January 2026

About 408, Viridis Residences B

408 is a studio of 407 sqft on the 4th floor of Viridis Residences B, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. It last sold on 20 January 2026 for AED 470,000, or AED 1,153 per sqft, 11% above the AED 1,040 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 June 2026, is AED 38,000 a year: a gross yield of 8.1% on the 2026 price.

Sales and rents for 408 over time

Sales
Unit 408, 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, November 2015: AED 475,950 (AED 1,168 per sqft)Sold, January 2026: AED 470,000 (AED 1,153 per sqft)

408 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 408, 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, February 2025: AED 42,113 a yearNew contract, June 2026: AED 38,000 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 408 sits

All 146 studios →

408 last sold in January 2026 at AED 1,153 per sqft, 11% above what studios in Viridis Residences B were fetching at the time (AED 1,040). 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. 408's AED 38,000 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 4th floor

All 213 units in Viridis Residences B
Value
4012-bedAED 1.14M · Feb 2025
402StudioAED 698K · Dec 2015
403StudioAED 538K · Nov 2015
404StudioAED 482K · Aug 2026
405StudioAED 512K · Apr 2016
406StudioAED 388K · Jul 2025
407StudioAED 533K · Oct 2015
1–7 of 17

408, Viridis Residences B in numbers

  • Sold twice: first on 19 November 2015 for AED 475,950, last on 20 January 2026 for AED 470,000 (AED 1,153 per sqft).
  • Rented since February 2025 on 2 Ejari contracts, from AED 42,113 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2026 price is 8.1%.
  • 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 1 June 2026.

Questions about 408, Viridis Residences B

What did unit 408 last sell for?

AED 470,000 on 20 January 2026: AED 1,153 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 475,950 in November 2015.

What is the rent for unit 408?

AED 38,000 a year on the contract signed on 1 June 2026. The previous contract, from February 2025, was AED 42,113.

How big is unit 408?

407 sqft (37.8 sqm): a studio on the 4th floor of a 14-storey tower completed in 2023.

What is unit 408 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 408, Viridis Residences B

Starts from the last sale price (AED 470K, 20 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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