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Studio · 421 sqftViridis Residences D, Damac Hills 2 · 7th floor · completed 2023

712, Viridis Residences D

Sold prices and rental history: sold once, by the developer in February 2016, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 466K4 February 2016
Current rentAED 26K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 712, Viridis Residences D

What is 712 worth today?

Last sold for AED 466,032 in 2016

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1 Oct 2024RentedRenewal
AED 25,850/yr12 months · AED 62 per sqft
1 Oct 2023RentedRenewal
AED 23,500/yr12 months · AED 56 per sqft
1 Oct 2022RentedNew contract
AED 23,500/yr12 months · AED 56 per sqft
4 Feb 2016Sold by developerOff-plan
AED 466,032AED 1,107 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
Studio apartment
Size
421 sqft
Floor
7th of 14
Parking
P1-29
Developer
DAMAC
Completed
2023
Service charge
AED 7,400 /yr
Last sold
AED 466K · February 2016
Building
Viridis Residences D

About 712, Viridis Residences D

712 is a studio of 421 sqft on the 7th floor of Viridis Residences D, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 4 February 2016 for AED 466,032, or AED 1,107 per sqft, 3% below the AED 1,144 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 25,850 a year: a gross yield of 5.5% on the 2016 price, before the service charge of about AED 7,400 a year.

Sales and rents for 712 over time

Sales
Unit 712, 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, February 2016: AED 466,032 (AED 1,107 per sqft)

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

Rents
Unit 712, 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, October 2022: AED 23,500 a yearRenewal, October 2023: AED 23,500 a yearRenewal, October 2024: AED 25,850 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 712 sits

All 159 studios →

712 last sold in February 2016 at AED 1,107 per sqft, 3% below what studios in Viridis Residences D were fetching at the time (AED 1,144). 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. 712's AED 25,850 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 7th floor

All 214 units in Viridis Residences D
Value
7012-bedAED 743K · Mar 2023
702StudioAED 619K · Dec 2015
703StudioAED 430K · Jul 2026
704StudioAED 495K · Apr 2016
705StudioAED 340K · Feb 2020
706StudioAED 420K · Jun 2025
707StudioAED 390K · Jul 2024
1–7 of 16

712, Viridis Residences D in numbers

  • Sold once: by DAMAC on 4 February 2016 for AED 466,032, or AED 1,107 per sqft.
  • Rented since October 2022 on 3 Ejari contracts, from AED 23,500 to AED 25,850 a year.
  • At AED 25,850 a year the gross yield on the 2016 price is 5.5%, before a service charge of about AED 7,400 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 October 2024.

Questions about 712, Viridis Residences D

What did unit 712 last sell for?

AED 466,032 on 4 February 2016, sold by the developer: AED 1,107 per sqft for 421 sqft. It is the only registered sale of the unit.

What is the rent for unit 712?

AED 25,850 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 23,500; the unit has been rented since October 2022.

How big is unit 712?

421 sqft (39.1 sqm): a studio on the 7th floor of a 14-storey tower completed in 2023.

What is unit 712 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 712, Viridis Residences D

Starts from the last sale price (AED 466K, 4 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 466,032
Deposit, UAE resident (20%)
AED 93,206
Deposit, non-resident (40%)
AED 186,413
Monthly over 25 years at 3.7%
AED 1,907

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