Studio · 431 sqftViridis Residences C, Damac Hills 2 · 5th floor · completed 2023

506, Viridis Residences C

Sold prices and rental history: sold twice, last in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 16 October 2023
Last soldAED 360K16 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Viridis Residences C

What is 506 worth today?

Last sold for AED 360,000 in 2023

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16 Oct 2023SoldReady
AED 360,000AED 835 per sqft
27 Jan 2016Sold by developerOff-plan
AED 447,450AED 1,052 per sqft

Source: Dubai Land Department. Updated 16 October 2023.

Key facts

Type
Studio apartment
Size
431 sqft
Floor
5th of 14
Parking
P1-441
Developer
DAMAC
Completed
2023
Service charge
AED 7,600 /yr
Last sold
AED 360K · October 2023

About 506, Viridis Residences C

506 is a studio of 431 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 16 October 2023 for AED 360,000, or AED 835 per sqft, 6% above the AED 789 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 506 over time

Sales
Unit 506, 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, January 2016: AED 447,450 (AED 1,052 per sqft)Sold, October 2023: AED 360,000 (AED 835 per sqft)

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

Rents
Unit 506, 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 38,000

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 506 sits

All 115 studios →

506 last sold in October 2023 at AED 835 per sqft, 6% above what studios in Viridis Residences C were fetching at the time (AED 789). 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.

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
505StudioAED 439K · Nov 2015
507StudioAED 405K · Nov 2026
5081-bedAED 676K · Apr 2021
1–7 of 15

506, Viridis Residences C in numbers

  • Sold twice: first on 27 January 2016 for AED 447,450, last on 16 October 2023 for AED 360,000 (AED 835 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 16 October 2023.

Questions about 506, Viridis Residences C

What did unit 506 last sell for?

AED 360,000 on 16 October 2023: AED 835 per sqft for 431 sqft. The unit has 2 registered sales; the first was AED 447,450 in January 2016.

How big is unit 506?

431 sqft (40.0 sqm): a studio on the 5th floor of a 14-storey tower completed in 2023.

What is unit 506 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 506, Viridis Residences C

Starts from the last sale price (AED 360K, 16 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

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