1012, Viridis Residences B
Sold prices and rental history: sold once, by the developer in February 2016, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1012, Viridis Residences B
What is 1012 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.
Key facts
- Type
- Studio hotel apartment
- Size
- 429 sqft
- Floor
- 10th of 14
- Parking
- P1-200
- Developer
- DAMAC
- Completed
- 2023
- Last sold
- AED 516K · February 2016
- Building
- Viridis Residences B
About 1012, Viridis Residences B
1012 is a studio of 429 sqft on the 10th floor of Viridis Residences B, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 21 February 2016 for AED 516,192, or AED 1,203 per sqft, in line with the AED 1,202 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 October 2024. The current contract, renewed on 1 October 2024, is AED 32,000 a year: a gross yield of 6.2% on the 2016 price.
Sales and rents for 1012 over time
1012 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Viridis Residences B, and where 1012 sits
All 140 studios →1012 last sold in February 2016 at AED 1,203 per sqft, in line with what studios in Viridis Residences B were fetching at the time (AED 1,202). Over the last 12 months studios sold for AED 450,000 to 507,860, around AED 1,119 per sqft, and rent for AED 37,000 to 50,000 a year. 1012's AED 32,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 431 sqft | 507,860 | 1,178 | ||
| 16 Feb 202616 February 2026 | 420 sqft | 466,704 | 1,111 | ||
| 12 Feb 202612 February 2026 | 407 sqft | 453,518 | 1,113 | ||
| 28 Jan 202628 January 2026 | 418 sqft | 470,000 | 1,124 |
Viridis Residences B
Building213 apartments, studios to 2-bed over 14 floors in Damac Hills 2, completed in 2023 by DAMAC. 9 sold in the last 12 months.
- Typical price per sqft
- AED 1,113
- Typical sale
- AED 470K
- Typical rent
- AED 45K /yr
- Typical yield
- 7.5%
Other units on the 10th floor
All 213 units in Viridis Residences B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,093 sqft | AED 810KAED 810,000 · Mar 2023March 2023 | ||
| 1002 | Studio | 566 sqft | AED 607KAED 607,000 · Jul 2022July 2022 | 47,000 /yr | |
| 1003 | Studio | 429 sqft | AED 427KAED 426,500 · Aug 2024August 2024 | 40,000 /yr | |
| 1004 | Studio | 418 sqft | AED 357KAED 357,000 · Apr 2023April 2023 | 39,893 /yr | |
| 1005 | Studio | 426 sqft | AED 495KAED 494,950 · Feb 2016February 2016 | 38,000 /yr | |
| 1006 | Studio | 418 sqft | AED 540KAED 540,000 · Sep 2024September 2024 | 38,000 /yr | |
| 1007 | Studio | 431 sqft | AED 378KAED 378,000 · Dec 2023December 2023 | ||
| 1008 | Studio | 407 sqft | AED 482KAED 481,536 · Feb 2016February 2016 | ||
| 1009 | 1-bed | 738 sqft | AED 800KAED 799,900 · Nov 2015November 2015 | 51,000 /yr | |
| 1010 | 1-bed | 750 sqft | AED 879KAED 879,368 · Nov 2015November 2015 | 54,000 /yr | |
| 1011 | Studio | 355 sqft | AED 462KAED 461,700 · Nov 2018November 2018 | 35,000 /yr | |
| 1013 | Studio | 420 sqft | AED 467KAED 466,704 · Feb 2026February 2026 | ||
| 1014 | Studio | 427 sqft | AED 355KAED 355,000 · Dec 2023December 2023 | ||
| 1015 | Studio | 377 sqft | AED 317KAED 316,540 · Jan 2023January 2023 | 40,000 /yr | |
| 1016 | 2-bed | 1,104 sqft | AED 1.46MAED 1,457,100 · Apr 2016April 2016 | 65,000 /yr | |
| 1011A | Studio | 423 sqft | AED 362KAED 362,000 · May 2023May 2023 | 40,000 /yr | |
| 1015A | Studio | 431 sqft | AED 364KAED 364,000 · May 2023May 2023 | 45,000 /yr |
1012, Viridis Residences B in numbers
- Sold once: by DAMAC on 21 February 2016 for AED 516,192, or AED 1,203 per sqft.
- Rented since October 2024 on one Ejari contract, at AED 32,000 a year.
- At AED 32,000 a year the gross yield on the 2016 price is 6.2%.
- Studios in Viridis Residences B sold for AED 450,000–507,860 in the 12 months to November 2026; the building's median across all types is AED 1,113 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.
Questions about 1012, Viridis Residences B
What did unit 1012 last sell for?
AED 516,192 on 21 February 2016, sold by the developer: AED 1,203 per sqft for 429 sqft. It is the only registered sale of the unit.
What is the rent for unit 1012?
AED 32,000 a year on the contract renewed on 1 October 2024.
How big is unit 1012?
429 sqft (39.9 sqm): a studio on the 10th floor of a 14-storey tower completed in 2023.
What is unit 1012 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Viridis Residences B sold for AED 450,000 to 507,860 in the last 12 months, around AED 1,119 per sqft.
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Mortgage on 1012, Viridis Residences B
Starts from the last sale price (AED 516K, 21 February 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 516,192
- Deposit, UAE resident (20%)
- AED 103,238
- Deposit, non-resident (40%)
- AED 206,477
- Monthly over 25 years at 3.7%
- AED 2,112
Plus AED 26,690 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →