Studio · 565 sqftViridis Residences A, Damac Hills 2 · 4th floor · completed 2023

402, Viridis Residences A

Sold prices and rental history: sold once, by the developer in August 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 27 May 2024
Last soldAED 515K9 August 2023
Current rentAED 42K /yr27 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Viridis Residences A

What is 402 worth today?

Last sold for AED 514,500 in 2023

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27 May 2024RentedNew contract
AED 42,000/yr12 months · AED 74 per sqft
10 Mar 2024RentedNew contract
AED 38,000/yr12 months · AED 67 per sqft
9 Aug 2023Sold by developerReady
AED 514,500AED 910 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 May 2024.

Key facts

Type
Studio hotel apartment
Size
565 sqft
Floor
4th of 14
Parking
P2-63
Developer
DAMAC
Completed
2023
Last sold
AED 515K · August 2023

About 402, Viridis Residences A

402 is a studio of 565 sqft on the 4th floor of Viridis Residences A, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 9 August 2023 for AED 514,500, or AED 910 per sqft, 8% above the AED 846 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 27 May 2024, is AED 42,000 a year: a gross yield of 8.2% on the 2023 price.

Sales and rents for 402 over time

Sales
Unit 402, 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, August 2023: AED 514,500 (AED 910 per sqft)

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

Rents
Unit 402, 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, March 2024: AED 38,000 a yearNew contract, May 2024: AED 42,000 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 402 sits

All 146 studios →

402 last sold in August 2023 at AED 910 per sqft, 8% above what studios in Viridis Residences A were fetching at the time (AED 846). 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. 402's AED 42,000 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 4th floor

All 220 units in Viridis Residences A
Value
4012-bedAED 779K · Aug 2023
403StudioAED 359K · May 2023
404StudioAED 502K · Feb 2016
405StudioAED 358K · May 2023
406StudioAED 502K · Jan 2016
407StudioAED 358K · Jun 2023
408StudioAED 477K · Apr 2016
1–7 of 17

402, Viridis Residences A in numbers

  • Sold once: by DAMAC on 9 August 2023 for AED 514,500, or AED 910 per sqft.
  • Rented since March 2024 on 2 Ejari contracts, from AED 38,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2023 price is 8.2%.
  • 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 27 May 2024.

Questions about 402, Viridis Residences A

What did unit 402 last sell for?

AED 514,500 on 9 August 2023, sold by the developer: AED 910 per sqft for 565 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 42,000 a year on the contract signed on 27 May 2024. The previous contract, from March 2024, was AED 38,000.

How big is unit 402?

565 sqft (52.5 sqm): a studio on the 4th floor of a 14-storey tower completed in 2023.

What is unit 402 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 402, Viridis Residences A

Starts from the last sale price (AED 515K, 9 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 514,500
Deposit, UAE resident (20%)
AED 102,900
Deposit, non-resident (40%)
AED 205,800
Monthly over 25 years at 3.7%
AED 2,105

Plus AED 26,619 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →