Studio · 425 sqftViridis Residences C, Damac Hills 2 · 4th floor · completed 2023

406, Viridis Residences C

Sold prices and rental history: sold once, by the developer in November 2015, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 3 February 2026
Last soldAED 447K19 November 2015
Current rentAED 38K /yr3 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Viridis Residences C

What is 406 worth today?

Last sold for AED 447,450 in 2015

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3 Feb 2026RentedRenewal
AED 38,000/yr12 months · AED 88 per sqft
3 Feb 2025RentedNew contract
AED 38,000/yr12 months · AED 88 per sqft
20 Jan 2024RentedRenewal
AED 24,400/yr12 months · AED 57 per sqft
20 Jan 2023RentedNew contract
AED 22,000/yr12 months · AED 51 per sqft
22 Apr 2022RentedNew contract
AED 20,000/yr12 months · AED 46 per sqft
19 Nov 2015Sold by developerOff-plan
AED 447,450AED 1,052 per sqft

Source: Dubai Land Department. Updated 3 February 2026.

Key facts

Type
Studio apartment
Size
425 sqft
Floor
4th of 14
Parking
P2-17
Developer
DAMAC
Completed
2023
Service charge
AED 7,500 /yr
Last sold
AED 447K · November 2015

About 406, Viridis Residences C

406 is a studio of 425 sqft on the 4th floor of Viridis Residences C, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 19 November 2015 for AED 447,450, or AED 1,052 per sqft, in line with the AED 1,053 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 3 February 2026, is AED 38,000 a year: a gross yield of 8.5% on the 2015 price, before the service charge of about AED 7,500 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, November 2015: AED 447,450 (AED 1,052 per sqft)

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

Rents
Unit 406, 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, April 2022: AED 20,000 a yearNew contract, January 2023: AED 22,000 a yearRenewal, January 2024: AED 24,400 a yearNew contract, February 2025: AED 38,000 a yearRenewal, February 2026: AED 38,000 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 406 sits

All 115 studios →

406 last sold in November 2015 at AED 1,052 per sqft, in line with what studios in Viridis Residences C were fetching at the time (AED 1,053). 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. 406's AED 38,000 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 4th floor

All 198 units in Viridis Residences C
Value
4012-bedAED 860K · Jan 2025
402StudioAED 600K · May 2024
403StudioAED 350K · Aug 2019
404StudioAED 492K · Apr 2016
405StudioAED 337K · Jul 2024
407StudioAED 395K · Nov 2015
4081-bedAED 719K · Nov 2015
1–7 of 15

406, Viridis Residences C in numbers

  • Sold once: by DAMAC on 19 November 2015 for AED 447,450, or AED 1,052 per sqft.
  • Rented since April 2022 on 5 Ejari contracts, from AED 20,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2015 price is 8.5%, 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 3 February 2026.

Questions about 406, Viridis Residences C

What did unit 406 last sell for?

AED 447,450 on 19 November 2015, sold by the developer: AED 1,052 per sqft for 425 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 38,000 a year on the contract renewed on 3 February 2026. The previous contract, from February 2025, was AED 38,000; the unit has been rented since April 2022.

How big is unit 406?

425 sqft (39.5 sqm): a studio on the 4th floor of a 14-storey tower completed in 2023.

What is unit 406 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 406, Viridis Residences C

Starts from the last sale price (AED 447K, 19 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 447,450
Deposit, UAE resident (20%)
AED 89,490
Deposit, non-resident (40%)
AED 178,980
Monthly over 25 years at 3.7%
AED 1,831

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