Studio · 435 sqftViridis Residences C, Damac Hills 2 · 5th floor · completed 2023

503, Viridis Residences C

Sold prices and rental history: sold once, by the developer in February 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 31 January 2026
Last soldAED 345K22 February 2023
Current rentAED 33K /yr31 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Viridis Residences C

What is 503 worth today?

Last sold for AED 345,000 in 2023

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31 Jan 2026RentedRenewal
AED 32,550/yr12 months · AED 75 per sqft
31 Jan 2025RentedNew contract
AED 31,000/yr12 months · AED 71 per sqft
1 May 2024RentedRenewal
AED 27,097/yr9 months · AED 62 per sqft
1 May 2023RentedNew contract
AED 27,000/yr12 months · AED 62 per sqft
22 Feb 2023Sold by developerReady
AED 345,000AED 793 per sqft

Source: Dubai Land Department. Updated 31 January 2026.

Key facts

Type
Studio apartment
Size
435 sqft
Floor
5th of 14
Parking
P2-29
Developer
DAMAC
Completed
2023
Service charge
AED 7,700 /yr
Last sold
AED 345K · February 2023

About 503, Viridis Residences C

503 is a studio of 435 sqft on the 5th floor of Viridis Residences C, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 22 February 2023 for AED 345,000, or AED 793 per sqft, in line with the AED 791 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 31 January 2026, is AED 32,550 a year: a gross yield of 9.4% on the 2023 price, before the service charge of about AED 7,700 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, February 2023: AED 345,000 (AED 793 per sqft)

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

Rents
Unit 503, 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 2023: AED 27,000 a yearRenewal, May 2024: AED 27,097 a yearNew contract, January 2025: AED 31,000 a yearRenewal, January 2026: AED 32,550 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 503 sits

All 115 studios →

503 last sold in February 2023 at AED 793 per sqft, in line with what studios in Viridis Residences C were fetching at the time (AED 791). 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. 503's AED 32,550 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
502StudioAED 422K · Nov 2024
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

503, Viridis Residences C in numbers

  • Sold once: by DAMAC on 22 February 2023 for AED 345,000, or AED 793 per sqft.
  • Rented since May 2023 on 4 Ejari contracts, from AED 27,000 to AED 32,550 a year.
  • At AED 32,550 a year the gross yield on the 2023 price is 9.4%, before a service charge of about AED 7,700 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 31 January 2026.

Questions about 503, Viridis Residences C

What did unit 503 last sell for?

AED 345,000 on 22 February 2023, sold by the developer: AED 793 per sqft for 435 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 32,550 a year on the contract renewed on 31 January 2026. The previous contract, from January 2025, was AED 31,000; the unit has been rented since May 2023.

How big is unit 503?

435 sqft (40.4 sqm): a studio on the 5th floor of a 14-storey tower completed in 2023.

What is unit 503 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 503, Viridis Residences C

Starts from the last sale price (AED 345K, 22 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 345,000
Deposit, UAE resident (20%)
AED 69,000
Deposit, non-resident (40%)
AED 138,000
Monthly over 25 years at 3.7%
AED 1,412

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