Studio · 423 sqftViridis Residences B, Damac Hills 2 · 7th floor · completed 2023

711A, Viridis Residences B

Sold prices and rental history: sold once, by the developer in April 2023, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711A · DLD and Ejari recordsUpdated 5 October 2024
Last soldAED 357K13 April 2023
Current rentAED 40K /yr5 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711A, Viridis Residences B

What is 711A worth today?

Last sold for AED 357,000 in 2023

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5 Oct 2024RentedNew contract
AED 40,000/yr12 months · AED 95 per sqft
13 Apr 2023Sold by developerReady
AED 357,000AED 844 per sqft

Source: Dubai Land Department. Updated 5 October 2024.

Key facts

Type
Studio hotel apartment
Size
423 sqft
Floor
7th of 14
Parking
P1-349
Developer
DAMAC
Completed
2023
Last sold
AED 357K · April 2023

About 711A, Viridis Residences B

711A is a studio of 423 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 2023 for AED 357,000, or AED 844 per sqft, in line with the AED 844 studios in the building were fetching at the time.

One Ejari contract is registered, from 5 October 2024. The current contract, signed on 5 October 2024, is AED 40,000 a year: a gross yield of 11.2% on the 2023 price.

Sales and rents for 711A over time

Sales
Unit 711A, 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 2023: AED 357,000 (AED 844 per sqft)

711A has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 711A, 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 39,000New contract, October 2024: AED 40,000 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 711A sits

All 146 studios →

711A last sold in April 2023 at AED 844 per sqft, in line with what studios in Viridis Residences B were fetching at the time (AED 844). 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. 711A's AED 40,000 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

711A, Viridis Residences B in numbers

  • Sold once: by DAMAC on 13 April 2023 for AED 357,000, or AED 844 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 11.2%.
  • 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 5 October 2024.

Questions about 711A, Viridis Residences B

What did unit 711A last sell for?

AED 357,000 on 13 April 2023, sold by the developer: AED 844 per sqft for 423 sqft. It is the only registered sale of the unit.

What is the rent for unit 711A?

AED 40,000 a year on the contract signed on 5 October 2024.

How big is unit 711A?

423 sqft (39.3 sqm): a studio on the 7th floor of a 14-storey tower completed in 2023.

What is unit 711A 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 711A, Viridis Residences B

Starts from the last sale price (AED 357K, 13 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 357,000
Deposit, UAE resident (20%)
AED 71,400
Deposit, non-resident (40%)
AED 142,800
Monthly over 25 years at 3.7%
AED 1,461

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