Studio · 565 sqftViridis Residences C, Damac Hills 2 · 5th floor · completed 2023

502, Viridis Residences C

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 422K7 November 2024
Current rentAED 39K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Viridis Residences C

What is 502 worth today?

Last sold for AED 422,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jun 2025RentedNew contract
AED 38,500/yr12 months · AED 69 per sqft
1 Jun 2025RentedNew contract
AED 38,500/yr12 months · AED 69 per sqft
7 Nov 2024SoldReady
AED 422,000AED 747 per sqft
21 May 2024RentedRenewal
AED 25,300/yr12 months · AED 45 per sqft
21 May 2023RentedRenewal
AED 23,000/yr12 months · AED 41 per sqft
19 May 2022RentedNew contract
AED 22,877/yr12 months · AED 41 per sqft
19 Nov 2015Sold by developerOff-plan
AED 586,150AED 1,051 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
Studio apartment
Size
565 sqft
Floor
5th of 14
Parking
P2-28
Developer
DAMAC
Completed
2023
Service charge
AED 10,000 /yr
Last sold
AED 422K · November 2024

About 502, Viridis Residences C

502 is a studio of 565 sqft on the 5th floor of Viridis Residences C, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. It last sold on 7 November 2024 for AED 422,000, or AED 747 per sqft, 17% below the AED 903 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 1 June 2025, is AED 38,500 a year: a gross yield of 9.1% on the 2024 price, before the service charge of about AED 10,000 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical studio in Viridis Residences C
400K600K20152018202120242027Typical 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 586,150 (AED 1,051 per sqft)Sold, November 2024: AED 422,000 (AED 747 per sqft)

502 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 502, 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, May 2022: AED 22,877 a yearRenewal, May 2023: AED 23,000 a yearRenewal, May 2024: AED 25,300 a yearNew contract, June 2025: AED 38,500 a yearNew contract, June 2025: AED 38,500 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 502 sits

All 115 studios →

502 last sold in November 2024 at AED 747 per sqft, 17% below what studios in Viridis Residences C were fetching at the time (AED 903). 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. 502's AED 38,500 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 5th floor

All 198 units in Viridis Residences C
Value
5012-bedAED 950K · Aug 2024
503StudioAED 345K · Feb 2023
504StudioAED 445K · Oct 2025
505StudioAED 439K · Nov 2015
506StudioAED 360K · Oct 2023
507StudioAED 405K · Nov 2026
5081-bedAED 676K · Apr 2021
1–7 of 15

502, Viridis Residences C in numbers

  • Sold twice: first on 19 November 2015 for AED 586,150, last on 7 November 2024 for AED 422,000 (AED 747 per sqft).
  • Rented since May 2022 on 5 Ejari contracts, from AED 22,877 to AED 38,500 a year.
  • At AED 38,500 a year the gross yield on the 2024 price is 9.1%, before a service charge of about AED 10,000 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 1 June 2025.

Questions about 502, Viridis Residences C

What did unit 502 last sell for?

AED 422,000 on 7 November 2024: AED 747 per sqft for 565 sqft. The unit has 2 registered sales; the first was AED 586,150 in November 2015.

What is the rent for unit 502?

AED 38,500 a year on the contract signed on 1 June 2025. The previous contract, from June 2025, was AED 38,500; the unit has been rented since May 2022.

How big is unit 502?

565 sqft (52.5 sqm): a studio on the 5th floor of a 14-storey tower completed in 2023.

What is unit 502 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.

Selling 502? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 502, Viridis Residences C

Starts from the last sale price (AED 422K, 7 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 422,000
Deposit, UAE resident (20%)
AED 84,400
Deposit, non-resident (40%)
AED 168,800
Monthly over 25 years at 3.7%
AED 1,727

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