2-bed · 1,104 sqftViridis Residences B, Damac Hills 2 · 8th floor · completed 2023

816, Viridis Residences B

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

Unit 816 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 904K16 July 2024
Current rentAED 88K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 816, Viridis Residences B

What is 816 worth today?

Last sold for AED 904,000 in 2024

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15 Oct 2024RentedNew contract
AED 88,404/yr12 months · AED 80 per sqft
16 Jul 2024Sold by developerReady
AED 904,000AED 818 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
2-bed hotel apartment
Size
1,104 sqft
Floor
8th of 14
Parking
P2-102
Developer
DAMAC
Completed
2023
Last sold
AED 904K · July 2024

About 816, Viridis Residences B

816 is a two-bedroom hotel apartment of 1,104 sqft on the 8th floor of Viridis Residences B, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 16 July 2024 for AED 904,000, or AED 818 per sqft.

One Ejari contract is registered, from 15 October 2024. The current contract, signed on 15 October 2024, is AED 88,404 a year: a gross yield of 9.8% on the 2024 price.

Sales and rents for 816 over time

Sales
Unit 816, each saleTypical two-bed in Viridis Residences B
1M1.5M20152018202120242027Typical sale price by year: 2015 AED 1,461,100; 2016 AED 1,446,268; 2023 AED 803,000; 2024 AED 889,000; 2025 AED 936,930; 2026 AED 987,500Sold by developer, July 2024: AED 904,000 (AED 818 per sqft)

816 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 816, each contractTypical two-bed in Viridis Residences B
70K80K90K2024202520262027Typical rent by year: 2024 AED 67,500; 2025 AED 72,000; 2026 AED 72,500New contract, October 2024: AED 88,404 a year

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 816 sits

All 27 2-beds →

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. 816's AED 88,404 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Sep 20261,000,000
4 Sep 2026975,000
19 May 2026950,000
10 Feb 20261,068,135
4 2-bed 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 8th floor

All 213 units in Viridis Residences B
Value
8012-bedAED 1.46M · Dec 2015
802StudioAED 467K · Jul 2023
803StudioAED 500K · Nov 2015
804StudioAED 425K · Aug 2026
805StudioAED 379K · Jan 2024
806StudioAED 485K · Oct 2015
807StudioAED 361K · May 2023
1–7 of 16

816, Viridis Residences B in numbers

  • Sold once: by DAMAC on 16 July 2024 for AED 904,000, or AED 818 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 88,404 a year.
  • At AED 88,404 a year the gross yield on the 2024 price is 9.8%.
  • 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 October 2024.

Questions about 816, Viridis Residences B

What did unit 816 last sell for?

AED 904,000 on 16 July 2024, sold by the developer: AED 818 per sqft for 1,104 sqft. It is the only registered sale of the unit.

What is the rent for unit 816?

AED 88,404 a year on the contract signed on 15 October 2024.

How big is unit 816?

1,104 sqft (102.6 sqm): a two-bedroom hotel apartment on the 8th floor of a 14-storey tower completed in 2023.

What is unit 816 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 816, Viridis Residences B

Starts from the last sale price (AED 904K, 16 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 904,000
Deposit, UAE resident (20%)
AED 180,800
Deposit, non-resident (40%)
AED 361,600
Monthly over 25 years at 3.7%
AED 3,699

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