Studio · 565 sqftViridis Residences A, Damac Hills 2 · 5th floor · completed 2023

502, Viridis Residences A

Sold prices and rental history: sold once, by the developer in May 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 15 October 2025
Last soldAED 473K11 May 2023
Current rentAED 38K /yr15 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Viridis Residences A

What is 502 worth today?

Last sold for AED 473,000 in 2023

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15 Oct 2025RentedNew contract
AED 38,000/yr12 months · AED 67 per sqft
10 Apr 2025RentedNew contract
AED 40,000/yr12 months · AED 70 per sqft
11 May 2023Sold by developerReady
AED 473,000AED 836 per sqft

Source: Dubai Land Department. Updated 15 October 2025.

Key facts

Type
Studio hotel apartment
Size
565 sqft
Floor
5th of 14
Parking
P2-54
Developer
DAMAC
Completed
2023
Last sold
AED 473K · May 2023

About 502, Viridis Residences A

502 is a studio of 565 sqft on the 5th floor of Viridis Residences A, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 11 May 2023 for AED 473,000, or AED 836 per sqft, in line with the AED 843 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 15 October 2025, is AED 38,000 a year: a gross yield of 8.0% on the 2023 price.

Sales and rents for 502 over time

Sales
Unit 502, 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, May 2023: AED 473,000 (AED 836 per sqft)

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

Rents
Unit 502, 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, April 2025: AED 40,000 a yearNew contract, October 2025: 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 502 sits

All 146 studios →

502 last sold in May 2023 at AED 836 per sqft, in line with what studios in Viridis Residences A were fetching at the time (AED 843). 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. 502'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 5th floor

All 220 units in Viridis Residences A
Value
5012-bedAED 774K · Apr 2023
503StudioAED 513K · Jul 2016
504StudioAED 353K · Jul 2023
505AED 430K · Sep 2025
506StudioAED 523K · Jan 2016
507StudioAED 212K · Jul 2024
508StudioAED 430K · Jul 2025
1–7 of 17

502, Viridis Residences A in numbers

  • Sold once: by DAMAC on 11 May 2023 for AED 473,000, or AED 836 per sqft.
  • Rented since April 2025 on 2 Ejari contracts, from AED 40,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2023 price is 8.0%.
  • 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: Dubai Land Department. Updated 15 October 2025.

Questions about 502, Viridis Residences A

What did unit 502 last sell for?

AED 473,000 on 11 May 2023, sold by the developer: AED 836 per sqft for 565 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 38,000 a year on the contract signed on 15 October 2025. The previous contract, from April 2025, was AED 40,000.

How big is unit 502?

565 sqft (52.5 sqm): a studio on the 5th floor of a 14-storey tower completed in 2023.

What is unit 502 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 502, Viridis Residences A

Starts from the last sale price (AED 473K, 11 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 473,000
Deposit, UAE resident (20%)
AED 94,600
Deposit, non-resident (40%)
AED 189,200
Monthly over 25 years at 3.7%
AED 1,935

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