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423 sqftViridis Residences B, Damac Hills 2 · 3rd floor · completed 2023

311A, Viridis Residences B

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

Unit 311A · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 350K6 April 2023
Current rentAED 33K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311A, Viridis Residences B

What is 311A worth today?

Last sold for AED 350,000 in 2023

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15 Sep 2024RentedNew contract
AED 32,991/yr10 months · AED 78 per sqft
6 Apr 2023Sold by developerReady
AED 350,000AED 827 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2024.

Key facts

Type
Hotel apartment
Size
423 sqft
Floor
3rd of 14
Parking
P1-444
Developer
DAMAC
Completed
2023
Last sold
AED 350K · April 2023
Building
Viridis Residences B

About 311A, Viridis Residences B

311A is a hotel apartment of 423 sqft on the 3rd floor of Viridis Residences B, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 6 April 2023 for AED 350,000, or AED 827 per sqft.

One Ejari contract is registered, from 15 September 2024. The current contract, signed on 15 September 2024, is AED 32,991 a year: a gross yield of 9.4% on the 2023 price.

Viridis Residences B

Building

213 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%
Viridis Residences B, Damac Hills 2: prices, sales and rents →

Other units on the 3rd floor

All 213 units in Viridis Residences B
Value
3012-bedAED 937K · Mar 2025
302StudioAED 471K · Jul 2023
303StudioAED 438K · Apr 2025
304StudioAED 517K · Jun 2016
305StudioAED 528K · Nov 2015
306StudioAED 517K · Nov 2015
307StudioAED 528K · Jan 2016
1–7 of 17

311A, Viridis Residences B in numbers

  • Sold once: by DAMAC on 6 April 2023 for AED 350,000, or AED 827 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 32,991 a year.
  • At AED 32,991 a year the gross yield on the 2023 price is 9.4%.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2024.

Questions about 311A, Viridis Residences B

What did unit 311A last sell for?

AED 350,000 on 6 April 2023, sold by the developer: AED 827 per sqft for 423 sqft. It is the only registered sale of the unit.

What is the rent for unit 311A?

AED 32,991 a year on the contract signed on 15 September 2024.

How big is unit 311A?

423 sqft (39.3 sqm): a hotel apartment on the 3rd floor of a 14-storey tower completed in 2023.

What is unit 311A worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 311A, Viridis Residences B

Starts from the last sale price (AED 350K, 6 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

Plus AED 17,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →