2-bed · 1,104 sqftViridis Residences B, Damac Hills 2 · 3rd floor · completed 2023

316, Viridis Residences B

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

Unit 316 · DLD and Ejari recordsUpdated 10 December 2024
Last soldAED 802K15 May 2023
Current rentAED 85K /yr10 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Viridis Residences B

What is 316 worth today?

Last sold for AED 802,000 in 2023

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10 Dec 2024RentedNew contract
AED 85,000/yr12 months · AED 77 per sqft
15 May 2023Sold by developerReady
AED 802,000AED 726 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 December 2024.

Key facts

Type
2-bed hotel apartment
Size
1,104 sqft
Floor
3rd of 14
Parking
P2-92
Developer
DAMAC
Completed
2023
Last sold
AED 802K · May 2023

About 316, Viridis Residences B

316 is a two-bedroom hotel apartment of 1,104 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 15 May 2023 for AED 802,000, or AED 726 per sqft, in line with the AED 727 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 December 2024. The current contract, signed on 10 December 2024, is AED 85,000 a year: a gross yield of 10.6% on the 2023 price.

Sales and rents for 316 over time

Sales
Unit 316, each saleTypical two-bed in Viridis Residences B
1M1.5M2015201820212024Typical sale price by year: 2015 AED 1,461,100; 2016 AED 1,446,268; 2023 AED 803,000; 2024 AED 889,000; 2025 AED 936,930Sold by developer, May 2023: AED 802,000 (AED 726 per sqft)

316 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 316, each contractTypical two-bed in Viridis Residences B
70K80K202420252026Typical rent by year: 2024 AED 67,500; 2025 AED 72,000New contract, December 2024: AED 85,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Viridis Residences B, and where 316 sits

All 27 2-beds →

316 last sold in May 2023 at AED 726 per sqft, in line with what two-beds in Viridis Residences B were fetching at the time (AED 727). Over the last 12 months two-beds sold for AED 1,068,135, around AED 967 per sqft, and rent for AED 65,000 to 90,000 a year. 316's AED 85,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Feb 20261,068,135
18 Mar 2025936,930
14 Mar 2025920,000
6 Feb 20251,140,000
1 2-bed sale in the last 12 months

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

316, Viridis Residences B in numbers

  • Sold once: by DAMAC on 15 May 2023 for AED 802,000, or AED 726 per sqft.
  • Rented since December 2024 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 10.6%.
  • Two-beds in Viridis Residences B sold for AED 1,068,135–1,068,135 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 10 December 2024.

Questions about 316, Viridis Residences B

What did unit 316 last sell for?

AED 802,000 on 15 May 2023, sold by the developer: AED 726 per sqft for 1,104 sqft. It is the only registered sale of the unit.

What is the rent for unit 316?

AED 85,000 a year on the contract signed on 10 December 2024.

How big is unit 316?

1,104 sqft (102.6 sqm): a two-bedroom hotel apartment on the 3rd floor of a 14-storey tower completed in 2023.

What is unit 316 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Viridis Residences B sold for AED 1,068,135 to 1,068,135 in the last 12 months, around AED 967 per sqft.

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Mortgage on 316, Viridis Residences B

Starts from the last sale price (AED 802K, 15 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 802,000
Deposit, UAE resident (20%)
AED 160,400
Deposit, non-resident (40%)
AED 320,800
Monthly over 25 years at 3.7%
AED 3,281

Plus AED 38,694 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →