Studio · 557 sqftViridis Residences B, Damac Hills 2 · 4th floor · completed 2023

402, Viridis Residences B

Sold prices and rental history: sold once, by the developer in December 2015, 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 25 November 2024
Last soldAED 698K22 December 2015
Current rentAED 40K /yr25 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Viridis Residences B

What is 402 worth today?

Last sold for AED 698,250 in 2015

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25 Nov 2024RentedNew contract
AED 40,000/yr12 months · AED 70 per sqft
25 Aug 2024RentedNew contract
AED 30,000/yr12 months · AED 53 per sqft
22 Dec 2015Sold by developerOff-plan
AED 698,250AED 1,252 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 November 2024.

Key facts

Type
Studio hotel apartment
Size
557 sqft
Floor
4th of 14
Parking
P2-78
Developer
DAMAC
Completed
2023
Last sold
AED 698K · December 2015

About 402, Viridis Residences B

402 is a studio of 557 sqft on the 4th floor of Viridis Residences B, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 22 December 2015 for AED 698,250, or AED 1,252 per sqft, 6% above the AED 1,182 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 25 November 2024, is AED 40,000 a year: a gross yield of 5.7% on the 2015 price.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical studio in Viridis Residences B
400K600K20152018202120242027Typical sale price by year: 2015 AED 504,900; 2016 AED 523,488; 2018 AED 474,825; 2022 AED 334,910; 2023 AED 361,500; 2024 AED 386,500; 2025 AED 426,000; 2026 AED 468,352Sold by developer, December 2015: AED 698,250 (AED 1,252 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 B
30K40K20232024202520262027Typical rent by year: 2023 AED 32,500; 2024 AED 36,000; 2025 AED 40,000; 2026 AED 44,000New contract, August 2024: AED 30,000 a yearNew contract, November 2024: AED 40,000 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 B, and where 402 sits

All 140 studios →

402 last sold in December 2015 at AED 1,252 per sqft, 6% above what studios in Viridis Residences B were fetching at the time (AED 1,182). 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. 402's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Feb 2026507,860
16 Feb 2026466,704
12 Feb 2026453,518
28 Jan 2026470,000
8 studio sales 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 4th floor

All 213 units in Viridis Residences B
Value
4012-bedAED 1.14M · Feb 2025
403StudioAED 538K · Nov 2015
404StudioAED 430K · Jul 2025
405StudioAED 512K · Apr 2016
406StudioAED 388K · Jul 2025
407StudioAED 533K · Oct 2015
408StudioAED 470K · Jan 2026
1–7 of 17

402, Viridis Residences B in numbers

  • Sold once: by DAMAC on 22 December 2015 for AED 698,250, or AED 1,252 per sqft.
  • Rented since August 2024 on 2 Ejari contracts, from AED 30,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2015 price is 5.7%.
  • 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 25 November 2024.

Questions about 402, Viridis Residences B

What did unit 402 last sell for?

AED 698,250 on 22 December 2015, sold by the developer: AED 1,252 per sqft for 557 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 40,000 a year on the contract signed on 25 November 2024. The previous contract, from August 2024, was AED 30,000.

How big is unit 402?

557 sqft (51.7 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 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 402, Viridis Residences B

Starts from the last sale price (AED 698K, 22 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 698,250
Deposit, UAE resident (20%)
AED 139,650
Deposit, non-resident (40%)
AED 279,300
Monthly over 25 years at 3.7%
AED 2,857

Plus AED 34,337 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →