Studio · 407 sqftViridis Residences D, Damac Hills 2 · 4th floor · completed 2023

407, Viridis Residences D

Sold prices and rental history: sold once, by the developer in November 2018, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 1 January 2025
Last soldAED 455K14 November 2018
Current rentAED 45K /yr1 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Viridis Residences D

What is 407 worth today?

Last sold for AED 454,720 in 2018

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1 Jan 2025RentedNew contract
AED 45,000/yr12 months · AED 110 per sqft
16 Sep 2024RentedRenewal
AED 27,300/yr12 months · AED 67 per sqft
14 Nov 2023RentedNew contract
AED 33,000/yr12 months · AED 81 per sqft
25 Oct 2023RentedNew contract
AED 30,000/yr12 months · AED 74 per sqft
16 Sep 2023RentedNew contract
AED 26,000/yr12 months · AED 64 per sqft
14 Nov 2018Sold by developerOff-plan
AED 454,720AED 1,116 per sqft

Source: Dubai Land Department. Updated 1 January 2025.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
4th of 14
Parking
P1-104
Developer
DAMAC
Completed
2023
Service charge
AED 7,200 /yr
Last sold
AED 455K · November 2018

About 407, Viridis Residences D

407 is a studio of 407 sqft on the 4th floor of Viridis Residences D, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 14 November 2018 for AED 454,720, or AED 1,116 per sqft, in line with the AED 1,133 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 1 January 2025, is AED 45,000 a year: a gross yield of 9.9% on the 2018 price, before the service charge of about AED 7,200 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical studio in Viridis Residences D
400K500K20152018202120242027Typical sale price by year: 2015 AED 485,500; 2016 AED 490,884; 2018 AED 454,720; 2019 AED 355,000; 2020 AED 350,000; 2021 AED 372,000; 2022 AED 338,900; 2023 AED 342,000; 2024 AED 385,000; 2025 AED 420,000; 2026 AED 445,000Sold by developer, November 2018: AED 454,720 (AED 1,116 per sqft)

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

Rents
Unit 407, each contractTypical studio in Viridis Residences D
20K40K202220242026Typical rent by year: 2022 AED 22,000; 2023 AED 27,000; 2024 AED 32,000; 2025 AED 36,000; 2026 AED 37,000New contract, September 2023: AED 26,000 a yearNew contract, October 2023: AED 30,000 a yearNew contract, November 2023: AED 33,000 a yearRenewal, September 2024: AED 27,300 a yearNew contract, January 2025: AED 45,000 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 D, and where 407 sits

All 159 studios →

407 last sold in November 2018 at AED 1,116 per sqft, in line with what studios in Viridis Residences D were fetching at the time (AED 1,133). Over the last 12 months studios sold for AED 390,000 to 543,019, around AED 1,069 per sqft, and rent for AED 10,698 to 64,000 a year. 407's AED 45,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
5 Oct 2026390,000
23 Jul 2026430,000
22 Apr 2026440,000
17 Apr 2026543,019
12 studio sales in the last 12 months

Viridis Residences D

Building

214 apartments, studios to 2-bed over 14 floors in Damac Hills 2, completed in 2023 by DAMAC. 18 sold in the last 12 months.

Typical price per sqft
AED 1,023 Up 4.2%
Typical sale
AED 485K
Typical rent
AED 38K /yr
Typical yield
8.2%
Viridis Residences D, Damac Hills 2: prices, sales and rents →

Other units on the 4th floor

All 214 units in Viridis Residences D
Value
4012-bedAED 850K · Jul 2023
402StudioAED 502K · Apr 2021
403StudioAED 350K · Mar 2020
404StudioAED 480K · Apr 2016
405StudioAED 476K · Nov 2016
406StudioAED 516K · Nov 2015
4081-bedAED 533K · Oct 2022
1–7 of 17

407, Viridis Residences D in numbers

  • Sold once: by DAMAC on 14 November 2018 for AED 454,720, or AED 1,116 per sqft.
  • Rented since September 2023 on 5 Ejari contracts, from AED 26,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2018 price is 9.9%, before a service charge of about AED 7,200 a year (AED 17.68 per sqft).
  • Studios in Viridis Residences D sold for AED 390,000–543,019 in the 12 months to November 2026; the building's median across all types is AED 1,023 per sqft.

Source: Dubai Land Department. Updated 1 January 2025.

Questions about 407, Viridis Residences D

What did unit 407 last sell for?

AED 454,720 on 14 November 2018, sold by the developer: AED 1,116 per sqft for 407 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 45,000 a year on the contract signed on 1 January 2025. The previous contract, from September 2024, was AED 27,300; the unit has been rented since September 2023.

How big is unit 407?

407 sqft (37.8 sqm): a studio on the 4th floor of a 14-storey tower completed in 2023.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Viridis Residences D sold for AED 390,000 to 543,019 in the last 12 months, around AED 1,069 per sqft.

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Mortgage on 407, Viridis Residences D

Starts from the last sale price (AED 455K, 14 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 454,720
Deposit, UAE resident (20%)
AED 90,944
Deposit, non-resident (40%)
AED 181,888
Monthly over 25 years at 3.7%
AED 1,860

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