Studio · 427 sqftViridis Residences C, Damac Hills 2 · 10th floor · completed 2023

1011, Viridis Residences C

Sold prices and rental history: sold once, by the developer in April 2016, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 11 September 2026
Last soldAED 495K13 April 2016
Current rentAED 35K /yr11 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1011, Viridis Residences C

What is 1011 worth today?

Last sold for AED 495,216 in 2016

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11 Sep 2026RentedNew contract
AED 35,000/yr12 months · AED 82 per sqft
31 Jul 2025RentedNew contract
AED 40,000/yr12 months · AED 94 per sqft
31 Jul 2025RentedNew contract
AED 40,000/yr12 months · AED 94 per sqft
1 Aug 2024RentedNew contract
AED 35,000/yr12 months · AED 81 per sqft
1 Aug 2023RentedNew contract
AED 29,000/yr12 months · AED 68 per sqft
5 Jun 2022RentedNew contract
AED 21,000/yr12 months · AED 49 per sqft
13 Apr 2016Sold by developerOff-plan
AED 495,216AED 1,159 per sqft

Source: Dubai Land Department. Updated 11 September 2026.

Key facts

Type
Studio apartment
Size
427 sqft
Floor
10th of 14
Parking
G-265
Developer
DAMAC
Completed
2023
Service charge
AED 7,500 /yr
Last sold
AED 495K · April 2016

About 1011, Viridis Residences C

1011 is a studio of 427 sqft on the 10th floor of Viridis Residences C, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 13 April 2016 for AED 495,216, or AED 1,159 per sqft, 9% above the AED 1,059 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 11 September 2026, is AED 35,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 7,500 a year.

Sales and rents for 1011 over time

Sales
Unit 1011, each saleTypical studio in Viridis Residences C
400K500K20152018202120242027Typical sale price by year: 2015 AED 447,450; 2016 AED 483,759; 2019 AED 350,000; 2020 AED 350,000; 2021 AED 355,740; 2022 AED 338,000; 2023 AED 344,500; 2024 AED 390,000; 2025 AED 445,000; 2026 AED 445,000Sold by developer, April 2016: AED 495,216 (AED 1,159 per sqft)

1011 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1011, each contractTypical studio in Viridis Residences C
20K30K40K202220242026Typical rent by year: 2022 AED 22,000; 2023 AED 26,000; 2024 AED 30,000; 2025 AED 38,000; 2026 AED 38,000New contract, June 2022: AED 21,000 a yearNew contract, August 2023: AED 29,000 a yearNew contract, August 2024: AED 35,000 a yearNew contract, July 2025: AED 40,000 a yearNew contract, July 2025: AED 40,000 a yearNew contract, September 2026: AED 35,000 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 C, and where 1011 sits

All 115 studios →

1011 last sold in April 2016 at AED 1,159 per sqft, 9% above what studios in Viridis Residences C were fetching at the time (AED 1,059). Over the last 12 months studios sold for AED 401,272 to 480,000, around AED 1,053 per sqft, and rent for AED 10,000 to 50,000 a year. 1011's AED 35,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Nov 2026405,000
9 Sep 2026450,000
23 Jun 2026440,000
18 Mar 2026480,000
11 studio sales in the last 12 months

Viridis Residences C

Building

198 apartments, studios to 2-bed over 14 floors in Damac Hills 2, completed in 2023 by DAMAC. 25 sold in the last 12 months.

Typical price per sqft
AED 936 Down 3.5%
Typical sale
AED 660K
Typical rent
AED 41K /yr
Typical yield
8.2%
Viridis Residences C, Damac Hills 2: prices, sales and rents →

Other units on the 10th floor

All 198 units in Viridis Residences C
Value
10012-bedAED 749K · Jan 2023
1002StudioAED 440K · Jul 2025
1003StudioAED 350K · Oct 2019
1004StudioAED 452K · Nov 2015
1005StudioAED 330K · Apr 2023
1006StudioAED 452K · Dec 2015
1007StudioAED 488K · Oct 2025
1–7 of 15

1011, Viridis Residences C in numbers

  • Sold once: by DAMAC on 13 April 2016 for AED 495,216, or AED 1,159 per sqft.
  • Rented since June 2022 on 6 Ejari contracts, from AED 21,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2016 price is 7.1%, before a service charge of about AED 7,500 a year (AED 17.68 per sqft).
  • Studios in Viridis Residences C sold for AED 401,272–480,000 in the 12 months to November 2026; the building's median across all types is AED 936 per sqft.

Source: Dubai Land Department. Updated 11 September 2026.

Questions about 1011, Viridis Residences C

What did unit 1011 last sell for?

AED 495,216 on 13 April 2016, sold by the developer: AED 1,159 per sqft for 427 sqft. It is the only registered sale of the unit.

What is the rent for unit 1011?

AED 35,000 a year on the contract signed on 11 September 2026. The previous contract, from July 2025, was AED 40,000; the unit has been rented since June 2022.

How big is unit 1011?

427 sqft (39.7 sqm): a studio on the 10th floor of a 14-storey tower completed in 2023.

What is unit 1011 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Viridis Residences C sold for AED 401,272 to 480,000 in the last 12 months, around AED 1,053 per sqft.

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Mortgage on 1011, Viridis Residences C

Starts from the last sale price (AED 495K, 13 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 495,216
Deposit, UAE resident (20%)
AED 99,043
Deposit, non-resident (40%)
AED 198,086
Monthly over 25 years at 3.7%
AED 2,026

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