Studio · 426 sqftViridis Residences A, Damac Hills 2 · 12th floor · completed 2023

1212, Viridis Residences A

Sold prices and rental history: sold once, by the developer in November 2016, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1212 · DLD and Ejari recordsUpdated 28 September 2024
Last soldAED 561K8 November 2016
Current rentAED 38K /yr28 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1212, Viridis Residences A

What is 1212 worth today?

Last sold for AED 560,880 in 2016

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28 Sep 2024RentedNew contract
AED 38,000/yr12 months · AED 88 per sqft
8 Nov 2016Sold by developerOff-plan
AED 560,880AED 1,317 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 September 2024.

Key facts

Type
Studio hotel apartment
Size
426 sqft
Floor
12th of 14
Parking
G-236
Developer
DAMAC
Completed
2023
Last sold
AED 561K · November 2016

About 1212, Viridis Residences A

1212 is a studio of 426 sqft on the 12th floor of Viridis Residences A, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 8 November 2016 for AED 560,880, or AED 1,317 per sqft, 5% above the AED 1,251 studios in the building were fetching at the time.

One Ejari contract is registered, from 28 September 2024. The current contract, signed on 28 September 2024, is AED 38,000 a year: a gross yield of 6.8% on the 2016 price.

Sales and rents for 1212 over time

Sales
Unit 1212, each saleTypical studio in Viridis Residences A
400K500K2015201820212024Typical sale price by year: 2015 AED 531,625; 2016 AED 535,800; 2017 AED 502,500; 2022 AED 357,000; 2023 AED 360,500; 2024 AED 396,000; 2025 AED 430,000Sold by developer, November 2016: AED 560,880 (AED 1,317 per sqft)

1212 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1212, each contractTypical studio in Viridis Residences A
35K40K20232024202520262027Typical rent by year: 2023 AED 32,000; 2024 AED 36,000; 2025 AED 39,889; 2026 AED 41,000New contract, September 2024: AED 38,000 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 A, and where 1212 sits

All 146 studios →

1212 last sold in November 2016 at AED 1,317 per sqft, 5% above what studios in Viridis Residences A were fetching at the time (AED 1,251). Over the last 12 months studios sold for AED 400,000 to 450,000, around AED 1,083 per sqft, and rent for AED 37,800 to 52,000 a year. 1212's AED 38,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Jan 2026450,000
15 Dec 2025400,000
21 Jul 2025450,000
2 Jul 2025430,000
2 studio sales in the last 12 months

Viridis Residences A

Building

220 apartments, studios to 2-bed over 14 floors in Damac Hills 2, completed in 2023 by DAMAC. 3 sold in the last 12 months.

Typical price per sqft
AED 1,067
Typical sale
AED 450K
Typical rent
AED 43K /yr
Typical yield
8.9%
Viridis Residences A, Damac Hills 2: prices, sales and rents →

Other units on the 12th floor

All 220 units in Viridis Residences A
Value
12012-bedAED 823K · Apr 2023
1202StudioAED 697K · Apr 2016
1203StudioAED 537K · Apr 2016
1204StudioAED 515K · Apr 2016
1205StudioAED 369K · May 2023
1206StudioAED 515K · Apr 2016
1207StudioAED 435K · Jun 2025
1–7 of 16

1212, Viridis Residences A in numbers

  • Sold once: by DAMAC on 8 November 2016 for AED 560,880, or AED 1,317 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2016 price is 6.8%.
  • Studios in Viridis Residences A sold for AED 400,000–450,000 in the 12 months to November 2026; the building's median across all types is AED 1,067 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 28 September 2024.

Questions about 1212, Viridis Residences A

What did unit 1212 last sell for?

AED 560,880 on 8 November 2016, sold by the developer: AED 1,317 per sqft for 426 sqft. It is the only registered sale of the unit.

What is the rent for unit 1212?

AED 38,000 a year on the contract signed on 28 September 2024.

How big is unit 1212?

426 sqft (39.6 sqm): a studio on the 12th floor of a 14-storey tower completed in 2023.

What is unit 1212 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Viridis Residences A sold for AED 400,000 to 450,000 in the last 12 months, around AED 1,083 per sqft.

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Mortgage on 1212, Viridis Residences A

Starts from the last sale price (AED 561K, 8 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 560,880
Deposit, UAE resident (20%)
AED 112,176
Deposit, non-resident (40%)
AED 224,352
Monthly over 25 years at 3.7%
AED 2,295

Plus AED 28,567 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →