Studio · 385 sqftViridis Residences D, Damac Hills 2 · 5th floor · completed 2023

514, Viridis Residences D

Sold prices and rental history: sold once, by the developer in May 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 350K8 May 2019
Current rentAED 27K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Viridis Residences D

What is 514 worth today?

Last sold for AED 350,000 in 2019

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1 Feb 2025RentedRenewal
AED 27,000/yr12 months · AED 70 per sqft
1 Feb 2024RentedRenewal
AED 23,000/yr12 months · AED 59 per sqft
1 Feb 2023RentedNew contract
AED 23,000/yr12 months · AED 59 per sqft
8 May 2019Sold by developerOff-plan
AED 350,000AED 909 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
Studio apartment
Size
385 sqft
Floor
5th of 14
Parking
P1-54
Developer
DAMAC
Completed
2023
Service charge
AED 6,800 /yr
Last sold
AED 350K · May 2019

About 514, Viridis Residences D

514 is a studio of 385 sqft on the 5th floor of Viridis Residences D, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 8 May 2019 for AED 350,000, or AED 909 per sqft, 20% below the AED 1,133 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 27,000 a year: a gross yield of 7.7% on the 2019 price, before the service charge of about AED 6,800 a year.

Sales and rents for 514 over time

Sales
Unit 514, 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, May 2019: AED 350,000 (AED 909 per sqft)

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

Rents
Unit 514, each contractTypical studio in Viridis Residences D
20K30K202220242026Typical rent by year: 2022 AED 22,000; 2023 AED 27,000; 2024 AED 32,000; 2025 AED 36,000; 2026 AED 37,000New contract, February 2023: AED 23,000 a yearRenewal, February 2024: AED 23,000 a yearRenewal, February 2025: AED 27,000 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 514 sits

All 159 studios →

514 last sold in May 2019 at AED 909 per sqft, 20% below 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. 514's AED 27,000 is in the lower 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 5th floor

All 214 units in Viridis Residences D
Value
5012-bedAED 960K · Sep 2026
502StudioAED 643K · Apr 2016
503StudioAED 358K · Feb 2020
504StudioAED 471K · Jan 2016
505StudioAED 369K · Sep 2021
506StudioAED 450K · Feb 2026
507StudioAED 321K · Dec 2021
1–7 of 17

514, Viridis Residences D in numbers

  • Sold once: by DAMAC on 8 May 2019 for AED 350,000, or AED 909 per sqft.
  • Rented since February 2023 on 3 Ejari contracts, from AED 23,000 to AED 27,000 a year.
  • At AED 27,000 a year the gross yield on the 2019 price is 7.7%, before a service charge of about AED 6,800 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 February 2025.

Questions about 514, Viridis Residences D

What did unit 514 last sell for?

AED 350,000 on 8 May 2019, sold by the developer: AED 909 per sqft for 385 sqft. It is the only registered sale of the unit.

What is the rent for unit 514?

AED 27,000 a year on the contract renewed on 1 February 2025. The previous contract, from February 2024, was AED 23,000; the unit has been rented since February 2023.

How big is unit 514?

385 sqft (35.8 sqm): a studio on the 5th floor of a 14-storey tower completed in 2023.

What is unit 514 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 514, Viridis Residences D

Starts from the last sale price (AED 350K, 8 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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