Studio · 407 sqftViridis Residences B, Damac Hills 2 · 7th floor · completed 2023

708, Viridis Residences B

Sold prices and rental history: sold once, by the developer in April 2016, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 6 June 2026
Last soldAED 481K13 April 2016
Current rentAED 34K /yr6 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Viridis Residences B

What is 708 worth today?

Last sold for AED 480,700 in 2016

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6 Jun 2026RentedNew contract
AED 34,000/yr12 months · AED 83 per sqft
1 Mar 2026RentedNew contract
AED 45,000/yr12 months · AED 110 per sqft
20 Feb 2025RentedNew contract
AED 39,881/yr12 months · AED 98 per sqft
13 Apr 2016Sold by developerOff-plan
AED 480,700AED 1,180 per sqft

Source: Dubai Land Department. Updated 6 June 2026.

Key facts

Type
Studio hotel apartment
Size
407 sqft
Floor
7th of 14
Parking
P1-360
Developer
DAMAC
Completed
2023
Last sold
AED 481K · April 2016

About 708, Viridis Residences B

708 is a studio of 407 sqft on the 7th floor of Viridis Residences B, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 13 April 2016 for AED 480,700, or AED 1,180 per sqft, 3% below the AED 1,219 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 6 June 2026, is AED 34,000 a year: a gross yield of 7.1% on the 2016 price.

Sales and rents for 708 over time

Sales
Unit 708, 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 480,700 (AED 1,180 per sqft)

708 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 708, each contractTypical studio in Viridis Residences B
40K20232024202520262027Typical rent by year: 2023 AED 32,500; 2024 AED 36,000; 2025 AED 40,000; 2026 AED 39,000New contract, February 2025: AED 39,881 a yearNew contract, March 2026: AED 45,000 a yearNew contract, June 2026: AED 34,000 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 708 sits

All 146 studios →

708 last sold in April 2016 at AED 1,180 per sqft, 3% below what studios in Viridis Residences B were fetching at the time (AED 1,219). 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. 708's AED 34,000 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 7th floor

All 213 units in Viridis Residences B
Value
7012-bedAED 1.4M · Apr 2016
702StudioAED 704K · Nov 2015
703StudioAED 340K · Oct 2023
704StudioAED 405K · Jun 2024
705StudioAED 350K · Nov 2026
706StudioAED 380K · Aug 2024
707StudioAED 361K · Apr 2023
1–7 of 16

708, Viridis Residences B in numbers

  • Sold once: by DAMAC on 13 April 2016 for AED 480,700, or AED 1,180 per sqft.
  • Rented since February 2025 on 3 Ejari contracts, from AED 39,881 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2016 price is 7.1%.
  • 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 6 June 2026.

Questions about 708, Viridis Residences B

What did unit 708 last sell for?

AED 480,700 on 13 April 2016, sold by the developer: AED 1,180 per sqft for 407 sqft. It is the only registered sale of the unit.

What is the rent for unit 708?

AED 34,000 a year on the contract signed on 6 June 2026. The previous contract, from March 2026, was AED 45,000; the unit has been rented since February 2025.

How big is unit 708?

407 sqft (37.8 sqm): a studio on the 7th floor of a 14-storey tower completed in 2023.

What is unit 708 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 708, Viridis Residences B

Starts from the last sale price (AED 481K, 13 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 480,700
Deposit, UAE resident (20%)
AED 96,140
Deposit, non-resident (40%)
AED 192,280
Monthly over 25 years at 3.7%
AED 1,967

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