503, Viridis Residences B
Sold prices and rental history: sold once, by the developer in October 2015, and rented once, from October 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Viridis Residences B
What is 503 worth today?
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Source: Dubai Land Department. Updated 1 October 2023.
Key facts
- Type
- Studio hotel apartment
- Size
- 429 sqft
- Floor
- 5th of 14
- Parking
- P2-34
- Developer
- DAMAC
- Completed
- 2023
- Last sold
- AED 532K · October 2015
- Building
- Viridis Residences B
About 503, Viridis Residences B
503 is a studio of 429 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 22 October 2015 for AED 532,323, or AED 1,241 per sqft, in line with the AED 1,247 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 October 2023. The current contract, signed on 1 October 2023, is AED 32,000 a year: a gross yield of 6.0% on the 2015 price.
Sales and rents for 503 over time
503 has sold once; the dashed line is the studio median of each year in the building.
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 503 sits
All 146 studios →503 last sold in October 2015 at AED 1,241 per sqft, in line with what studios in Viridis Residences B were fetching at the time (AED 1,247). 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. 503's AED 32,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 431 sqft | 350,000 | 812 | ||
| 24 Oct 202624 October 2026 | 429 sqft | 426,000 | 993 | ||
| 25 Aug 202625 August 2026 | 429 sqft | 495,439 | 1,155 | ||
| 24 Aug 202624 August 2026 | 418 sqft | 425,000 | 1,016 |
Viridis Residences B
Building213 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%
Other units on the 5th floor
All 213 units in Viridis Residences B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,093 sqft | AED 798KAED 798,000 · May 2023May 2023 | ||
| 502 | Studio | 566 sqft | AED 464KAED 463,540 · Jul 2023July 2023 | ||
| 504 | Studio | 418 sqft | AED 481KAED 480,700 · Nov 2015November 2015 | 42,000 /yr | |
| 505 | Studio | 431 sqft | AED 415KAED 415,000 · Jan 2025January 2025 | ||
| 506 | Studio | 418 sqft | AED 375KAED 375,000 · Jun 2024June 2024 | 30,000 /yr | |
| 507 | Studio | 425 sqft | AED 534KAED 533,520 · Apr 2016April 2016 | 50,000 /yr | |
| 508 | Studio | 407 sqft | AED 454KAED 453,518 · Feb 2026February 2026 | 35,000 /yr | |
| 509 | 1-bed | 750 sqft | AED 553KAED 552,900 · Jul 2023July 2023 | ||
| 510 | 1-bed | 750 sqft | AED 881KAED 880,650 · Feb 2016February 2016 | 54,600 /yr | |
| 511 | 1-bed | 773 sqft | AED 798KAED 798,000 · Jan 2023January 2023 | 58,000 /yr | |
| 512 | Studio | 429 sqft | AED 490KAED 490,200 · Nov 2015November 2015 | ||
| 513 | Studio | 420 sqft | AED 342KAED 342,410 · Jan 2023January 2023 | 43,000 /yr | |
| 514 | Studio | 427 sqft | AED 489KAED 489,250 · Nov 2015November 2015 | 35,000 /yr | |
| 515 | Studio | 377 sqft | AED 360KAED 360,000 · Jan 2024January 2024 | 36,000 /yr | |
| 516 | 2-bed | 1,104 sqft | AED 790KAED 789,880 · Mar 2023March 2023 | 90,000 /yr | |
| 515A | Studio | 431 sqft | AED 360KAED 360,000 · Apr 2023April 2023 |
503, Viridis Residences B in numbers
- Sold once: by DAMAC on 22 October 2015 for AED 532,323, or AED 1,241 per sqft.
- Rented since October 2023 on one Ejari contract, at AED 32,000 a year.
- At AED 32,000 a year the gross yield on the 2015 price is 6.0%.
- 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 October 2023.
Questions about 503, Viridis Residences B
What did unit 503 last sell for?
AED 532,323 on 22 October 2015, sold by the developer: AED 1,241 per sqft for 429 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 32,000 a year on the contract signed on 1 October 2023.
How big is unit 503?
429 sqft (39.9 sqm): a studio on the 5th floor of a 14-storey tower completed in 2023.
What is unit 503 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 503, Viridis Residences B
Starts from the last sale price (AED 532K, 22 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 532,323
- Deposit, UAE resident (20%)
- AED 106,465
- Deposit, non-resident (40%)
- AED 212,929
- Monthly over 25 years at 3.7%
- AED 2,178
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →