2-bed · 1,093 sqftViridis Residences B, Damac Hills 2 · 9th floor · completed 2023

901, Viridis Residences B

Sold prices and rental history: sold once, by the developer in December 2015, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 901 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 1.45M22 December 2015
Current rentAED 70K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 901, Viridis Residences B

What is 901 worth today?

Last sold for AED 1,446,489 in 2015

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15 Oct 2024RentedNew contract
AED 70,000/yr12 months · AED 64 per sqft
5 Jun 2024RentedNew contract
AED 64,000/yr12 months · AED 59 per sqft
22 Dec 2015Sold by developerOff-plan
AED 1,446,489AED 1,323 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
2-bed hotel apartment
Size
1,093 sqft
Floor
9th of 14
Parking
P2-97
Developer
DAMAC
Completed
2023
Last sold
AED 1.45M · December 2015

About 901, Viridis Residences B

901 is a two-bedroom hotel apartment of 1,093 sqft on the 9th floor of Viridis Residences B, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 22 December 2015 for AED 1,446,489, or AED 1,323 per sqft, in line with the AED 1,337 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 15 October 2024, is AED 70,000 a year: a gross yield of 4.8% on the 2015 price.

Sales and rents for 901 over time

Sales
Unit 901, 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, December 2015: AED 1,446,489 (AED 1,323 per sqft)

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

Rents
Unit 901, each contractTypical two-bed in Viridis Residences B
65K70K2024202520262027Typical rent by year: 2024 AED 67,500; 2025 AED 72,000; 2026 AED 72,500New contract, June 2024: AED 64,000 a yearNew contract, October 2024: AED 70,000 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 901 sits

All 27 2-beds →

901 last sold in December 2015 at AED 1,323 per sqft, in line with what two-beds in Viridis Residences B were fetching at the time (AED 1,337). 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. 901's AED 70,000 is in the lower 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 9th floor

All 213 units in Viridis Residences B
Value
902StudioAED 478K · Jul 2023
903StudioAED 363K · Apr 2023
904StudioAED 591K · Apr 2016
905StudioAED 415K · Apr 2024
906StudioAED 485K · Nov 2015
907StudioAED 495K · Nov 2015
908StudioAED 440K · Nov 2015
1–7 of 16

901, Viridis Residences B in numbers

  • Sold once: by DAMAC on 22 December 2015 for AED 1,446,489, or AED 1,323 per sqft.
  • Rented since June 2024 on 2 Ejari contracts, from AED 64,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2015 price is 4.8%.
  • 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 901, Viridis Residences B

What did unit 901 last sell for?

AED 1,446,489 on 22 December 2015, sold by the developer: AED 1,323 per sqft for 1,093 sqft. It is the only registered sale of the unit.

What is the rent for unit 901?

AED 70,000 a year on the contract signed on 15 October 2024. The previous contract, from June 2024, was AED 64,000.

How big is unit 901?

1,093 sqft (101.5 sqm): a two-bedroom hotel apartment on the 9th floor of a 14-storey tower completed in 2023.

What is unit 901 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 901, Viridis Residences B

Starts from the last sale price (AED 1.45M, 22 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,446,489
Deposit, UAE resident (20%)
AED 289,298
Deposit, non-resident (40%)
AED 578,596
Monthly over 25 years at 3.7%
AED 5,918

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