Studio · 407 sqftViridis Residences B, Damac Hills 2 · 5th floor · completed 2023

508, Viridis Residences B

Sold prices and rental history: sold twice, last in February 2026, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 12 February 2026
Last soldAED 454K12 February 2026
Current rentAED 35K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Viridis Residences B

What is 508 worth today?

Last sold for AED 453,518 in 2026

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12 Feb 2026SoldReady
AED 453,518AED 1,113 per sqft
1 Sep 2024RentedNew contract
AED 35,000/yr12 months · AED 86 per sqft
10 Jul 2023RentedNew contract
AED 30,000/yr12 months · AED 74 per sqft
7 Apr 2016Sold by developerOff-plan
AED 515,280AED 1,265 per sqft

Source: Dubai Land Department. Updated 12 February 2026.

Key facts

Type
Studio hotel apartment
Size
407 sqft
Floor
5th of 14
Parking
P2-39
Developer
DAMAC
Completed
2023
Last sold
AED 454K · February 2026

About 508, Viridis Residences B

508 is a studio of 407 sqft on the 5th floor of Viridis Residences B, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. It last sold on 12 February 2026 for AED 453,518, or AED 1,113 per sqft, 5% above the AED 1,057 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 September 2024, is AED 35,000 a year: a gross yield of 7.7% on the 2026 price.

Sales and rents for 508 over time

Sales
Unit 508, 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, April 2016: AED 515,280 (AED 1,265 per sqft)Sold, February 2026: AED 453,518 (AED 1,113 per sqft)

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

Rents
Unit 508, each contractTypical studio in Viridis Residences B
30K35K40K20232024202520262027Typical rent by year: 2023 AED 32,500; 2024 AED 36,000; 2025 AED 40,000; 2026 AED 39,000New contract, July 2023: AED 30,000 a yearNew contract, September 2024: AED 35,000 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 508 sits

All 146 studios →

508 last sold in February 2026 at AED 1,113 per sqft, 5% above what studios in Viridis Residences B were fetching at the time (AED 1,057). 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. 508's AED 35,000 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 5th floor

All 213 units in Viridis Residences B
Value
5012-bedAED 798K · May 2023
502StudioAED 464K · Jul 2023
503StudioAED 532K · Oct 2015
504StudioAED 481K · Nov 2015
505StudioAED 415K · Jan 2025
506StudioAED 375K · Jun 2024
507StudioAED 534K · Apr 2016
1–7 of 16

508, Viridis Residences B in numbers

  • Sold twice: first on 7 April 2016 for AED 515,280, last on 12 February 2026 for AED 453,518 (AED 1,113 per sqft).
  • Rented since July 2023 on 2 Ejari contracts, from AED 30,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2026 price is 7.7%.
  • 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 12 February 2026.

Questions about 508, Viridis Residences B

What did unit 508 last sell for?

AED 453,518 on 12 February 2026: AED 1,113 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 515,280 in April 2016.

What is the rent for unit 508?

AED 35,000 a year on the contract signed on 1 September 2024. The previous contract, from July 2023, was AED 30,000.

How big is unit 508?

407 sqft (37.8 sqm): a studio on the 5th floor of a 14-storey tower completed in 2023.

What is unit 508 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 508, Viridis Residences B

Starts from the last sale price (AED 454K, 12 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 453,518
Deposit, UAE resident (20%)
AED 90,704
Deposit, non-resident (40%)
AED 181,407
Monthly over 25 years at 3.7%
AED 1,855

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