Studio · 418 sqftViridis Residences C, Damac Hills 2 · 5th floor · completed 2023

505, Viridis Residences C

Sold prices and rental history: sold once, by the developer in November 2015, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 5 January 2026
Last soldAED 439K19 November 2015
Current rentAED 30K /yr5 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Viridis Residences C

What is 505 worth today?

Last sold for AED 438,900 in 2015

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5 Jan 2026RentedRenewal
AED 30,100/yr12 months · AED 72 per sqft
5 Jan 2025RentedRenewal
AED 28,665/yr12 months · AED 68 per sqft
5 Jan 2025RentedRenewal
AED 28,665/yr12 months · AED 70 per sqft
5 Jan 2025RentedRenewal
AED 28,665/yr12 months · AED 68 per sqft
5 Jan 2024RentedRenewal
AED 27,300/yr12 months · AED 65 per sqft
5 Jan 2023RentedNew contract
AED 26,000/yr12 months · AED 62 per sqft
19 Nov 2015Sold by developerOff-plan
AED 438,900AED 1,049 per sqft

Source: Dubai Land Department. Updated 5 January 2026.

Key facts

Type
Studio apartment
Size
418 sqft
Floor
5th of 14
Parking
P2-32
Developer
DAMAC
Completed
2023
Service charge
AED 7,400 /yr
Last sold
AED 439K · November 2015

About 505, Viridis Residences C

505 is a studio of 418 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 19 November 2015 for AED 438,900, or AED 1,049 per sqft, in line with the AED 1,053 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 6 Ejari contracts. The current contract, renewed on 5 January 2026, is AED 30,100 a year: a gross yield of 6.9% on the 2015 price, before the service charge of about AED 7,400 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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 438,900 (AED 1,049 per sqft)

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

Rents
Unit 505, 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, January 2023: AED 26,000 a yearRenewal, January 2024: AED 27,300 a yearRenewal, January 2025: AED 28,665 a yearRenewal, January 2025: AED 28,665 a yearRenewal, January 2025: AED 28,665 a yearRenewal, January 2026: AED 30,100 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 505 sits

All 115 studios →

505 last sold in November 2015 at AED 1,049 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. 505's AED 30,100 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
503StudioAED 345K · Feb 2023
504StudioAED 445K · Oct 2025
506StudioAED 360K · Oct 2023
507StudioAED 405K · Nov 2026
5081-bedAED 676K · Apr 2021
1–7 of 15

505, Viridis Residences C in numbers

  • Sold once: by DAMAC on 19 November 2015 for AED 438,900, or AED 1,049 per sqft.
  • Rented since January 2023 on 6 Ejari contracts, from AED 26,000 to AED 30,100 a year.
  • At AED 30,100 a year the gross yield on the 2015 price is 6.9%, before a service charge of about AED 7,400 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 5 January 2026.

Questions about 505, Viridis Residences C

What did unit 505 last sell for?

AED 438,900 on 19 November 2015, sold by the developer: AED 1,049 per sqft for 418 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 30,100 a year on the contract renewed on 5 January 2026. The previous contract, from January 2025, was AED 28,665; the unit has been rented since January 2023.

How big is unit 505?

418 sqft (38.8 sqm): a studio on the 5th floor of a 14-storey tower completed in 2023.

What is unit 505 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 505, Viridis Residences C

Starts from the last sale price (AED 439K, 19 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 438,900
Deposit, UAE resident (20%)
AED 87,780
Deposit, non-resident (40%)
AED 175,560
Monthly over 25 years at 3.7%
AED 1,796

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