Studio · 418 sqftViridis Residences B, Damac Hills 2 · 7th floor · completed 2023

704, Viridis Residences B

Sold prices and rental history: sold twice, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 27 June 2024
Last soldAED 405K27 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Viridis Residences B

What is 704 worth today?

Last sold for AED 405,000 in 2024

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27 Jun 2024SoldReady
AED 405,000AED 968 per sqft
19 Jul 2023Sold by developerReady
AED 355,000AED 848 per sqft

Source: Dubai Land Department. Updated 27 June 2024.

Key facts

Type
Studio hotel apartment
Size
418 sqft
Floor
7th of 14
Parking
P1-356
Developer
DAMAC
Completed
2023
Last sold
AED 405K · June 2024

About 704, Viridis Residences B

704 is a studio of 418 sqft on the 7th floor of Viridis Residences B, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. It last sold on 27 June 2024 for AED 405,000, or AED 968 per sqft, 12% above the AED 867 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 704 over time

Sales
Unit 704, 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, July 2023: AED 355,000 (AED 848 per sqft)Sold, June 2024: AED 405,000 (AED 968 per sqft)

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

Rents
Unit 704, 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 39,000

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 704 sits

All 146 studios →

704 last sold in June 2024 at AED 968 per sqft, 12% above what studios in Viridis Residences B were fetching at the time (AED 867). 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.

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 7th floor

All 213 units in Viridis Residences B
Value
7012-bedAED 1.4M · Apr 2016
702StudioAED 704K · Nov 2015
703StudioAED 340K · Oct 2023
705StudioAED 350K · Nov 2026
706StudioAED 380K · Aug 2024
707StudioAED 361K · Apr 2023
708StudioAED 481K · Apr 2016
1–7 of 16

704, Viridis Residences B in numbers

  • Sold twice: first on 19 July 2023 for AED 355,000, last on 27 June 2024 for AED 405,000 (AED 968 per sqft).
  • 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 27 June 2024.

Questions about 704, Viridis Residences B

What did unit 704 last sell for?

AED 405,000 on 27 June 2024: AED 968 per sqft for 418 sqft. The unit has 2 registered sales; the first was AED 355,000 in July 2023.

How big is unit 704?

418 sqft (38.8 sqm): a studio on the 7th floor of a 14-storey tower completed in 2023.

What is unit 704 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 704, Viridis Residences B

Starts from the last sale price (AED 405K, 27 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 405,000
Deposit, UAE resident (20%)
AED 81,000
Deposit, non-resident (40%)
AED 162,000
Monthly over 25 years at 3.7%
AED 1,657

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