516, Viridis Residences B
Sold prices and rental history: sold once, by the developer in March 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, Viridis Residences B
What is 516 worth today?
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Source: Dubai Land Department. Updated 15 February 2026.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,104 sqft
- Floor
- 5th of 14
- Parking
- P1-434
- Developer
- DAMAC
- Completed
- 2023
- Last sold
- AED 790K · March 2023
- Building
- Viridis Residences B
About 516, Viridis Residences B
516 is a two-bedroom hotel apartment of 1,104 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 14 March 2023 for AED 789,880, or AED 715 per sqft, in line with the AED 725 two-beds in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 15 February 2026, is AED 90,000 a year: a gross yield of 11.4% on the 2023 price.
Sales and rents for 516 over time
516 has sold once; the dashed line is the two-bed median of each year in the building.
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 516 sits
All 27 2-beds →516 last sold in March 2023 at AED 715 per sqft, in line with what two-beds in Viridis Residences B were fetching at the time (AED 725). 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. 516's AED 90,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Sep 202622 September 2026 | 1,093 sqft | 1,000,000 | 915 | ||
| 4 Sep 20264 September 2026 | 1,093 sqft | 975,000 | 892 | ||
| 19 May 202619 May 2026 | 1,103 sqft | 950,000 | 860 | ||
| 10 Feb 202610 February 2026 | 1,104 sqft | 1,068,135 | 967 |
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 | ||
| 503 | Studio | 429 sqft | AED 532KAED 532,323 · Oct 2015October 2015 | 32,000 /yr | |
| 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 | |
| 515A | Studio | 431 sqft | AED 360KAED 360,000 · Apr 2023April 2023 |
516, Viridis Residences B in numbers
- Sold once: by DAMAC on 14 March 2023 for AED 789,880, or AED 715 per sqft.
- Rented since February 2025 on 3 Ejari contracts, at AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2023 price is 11.4%.
- 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 15 February 2026.
Questions about 516, Viridis Residences B
What did unit 516 last sell for?
AED 789,880 on 14 March 2023, sold by the developer: AED 715 per sqft for 1,104 sqft. It is the only registered sale of the unit.
What is the rent for unit 516?
AED 90,000 a year on the contract renewed on 15 February 2026. The previous contract, from February 2025, was AED 90,000; the unit has been rented since February 2025.
How big is unit 516?
1,104 sqft (102.6 sqm): a two-bedroom hotel apartment on the 5th floor of a 14-storey tower completed in 2023.
What is unit 516 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 516, Viridis Residences B
Starts from the last sale price (AED 790K, 14 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 789,880
- Deposit, UAE resident (20%)
- AED 157,976
- Deposit, non-resident (40%)
- AED 315,952
- Monthly over 25 years at 3.7%
- AED 3,232
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →