2-bed · 1,093 sqftViridis Residences B, Damac Hills 2 · 5th floor · completed 2023

501, Viridis Residences B

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

Unit 501 · DLD and Ejari recordsUpdated 8 May 2023
Last soldAED 798K8 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Viridis Residences B

What is 501 worth today?

Last sold for AED 798,000 in 2023

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8 May 2023Sold by developerReady
AED 798,000AED 730 per sqft

Source: Dubai Land Department. Updated 8 May 2023.

Key facts

Type
2-bed hotel apartment
Size
1,093 sqft
Floor
5th of 14
Parking
P2-53
Developer
DAMAC
Completed
2023
Last sold
AED 798K · May 2023

About 501, Viridis Residences B

501 is a two-bedroom hotel apartment of 1,093 sqft on the 5th floor of Viridis Residences B, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 8 May 2023 for AED 798,000, or AED 730 per sqft, in line with the AED 730 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, 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, May 2023: AED 798,000 (AED 730 per sqft)

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

Rents
Unit 501, 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 501 sits

All 27 2-beds →

501 last sold in May 2023 at AED 730 per sqft, in line with what two-beds in Viridis Residences B were fetching at the time (AED 730). 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 5th floor

All 213 units in Viridis Residences B
Value
502StudioAED 464K · Jul 2023
503StudioAED 532K · Oct 2015
504StudioAED 481K · Nov 2015
505StudioAED 415K · Jan 2025
506StudioAED 375K · Jun 2024
507StudioAED 534K · Apr 2016
508StudioAED 454K · Feb 2026
1–7 of 16

501, Viridis Residences B in numbers

  • Sold once: by DAMAC on 8 May 2023 for AED 798,000, or AED 730 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 8 May 2023.

Questions about 501, Viridis Residences B

What did unit 501 last sell for?

AED 798,000 on 8 May 2023, sold by the developer: AED 730 per sqft for 1,093 sqft. It is the only registered sale of the unit.

How big is unit 501?

1,093 sqft (101.5 sqm): a two-bedroom hotel apartment on the 5th floor of a 14-storey tower completed in 2023.

What is unit 501 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 501, Viridis Residences B

Starts from the last sale price (AED 798K, 8 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 798,000
Deposit, UAE resident (20%)
AED 159,600
Deposit, non-resident (40%)
AED 319,200
Monthly over 25 years at 3.7%
AED 3,265

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