Studio · 429 sqftViridis Residences B, Damac Hills 2 · 6th floor · completed 2023

603, Viridis Residences B

Sold prices and rental history: sold once, by the developer in November 2015, and rented once, from July 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 25 July 2024
Last soldAED 495K19 November 2015
Current rentAED 35K /yr25 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Viridis Residences B

What is 603 worth today?

Last sold for AED 494,950 in 2015

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25 Jul 2024RentedNew contract
AED 35,000/yr12 months · AED 81 per sqft
19 Nov 2015Sold by developerOff-plan
AED 494,950AED 1,153 per sqft

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

Key facts

Type
Studio hotel apartment
Size
429 sqft
Floor
6th of 14
Parking
P1-422
Developer
DAMAC
Completed
2023
Last sold
AED 495K · November 2015

About 603, Viridis Residences B

603 is a studio of 429 sqft on the 6th floor of Viridis Residences B, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 19 November 2015 for AED 494,950, or AED 1,153 per sqft, in line with the AED 1,168 studios in the building were fetching at the time.

One Ejari contract is registered, from 25 July 2024. The current contract, signed on 25 July 2024, is AED 35,000 a year: a gross yield of 7.1% on the 2015 price.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical studio in Viridis Residences B
400K500K20152018202120242027Typical 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, November 2015: AED 494,950 (AED 1,153 per sqft)

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

Rents
Unit 603, each contractTypical studio in Viridis Residences B
40K20232024202520262027Typical rent by year: 2023 AED 32,500; 2024 AED 36,000; 2025 AED 40,000; 2026 AED 44,000New contract, July 2024: AED 35,000 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 603 sits

All 140 studios →

603 last sold in November 2015 at AED 1,153 per sqft, in line with what studios in Viridis Residences B were fetching at the time (AED 1,168). 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. 603's AED 35,000 is at the bottom 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 6th floor

All 213 units in Viridis Residences B
Value
6012-bedAED 889K · Apr 2024
602AED 510K · Sep 2025
604StudioAED 481K · Nov 2015
605StudioAED 508K · Feb 2026
606StudioAED 360K · Oct 2023
607StudioAED 534K · Apr 2016
608StudioAED 436K · Nov 2015
1–7 of 16

603, Viridis Residences B in numbers

  • Sold once: by DAMAC on 19 November 2015 for AED 494,950, or AED 1,153 per sqft.
  • Rented since July 2024 on one Ejari contract, at AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2015 price is 7.1%.
  • 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 July 2024.

Questions about 603, Viridis Residences B

What did unit 603 last sell for?

AED 494,950 on 19 November 2015, sold by the developer: AED 1,153 per sqft for 429 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 35,000 a year on the contract signed on 25 July 2024.

How big is unit 603?

429 sqft (39.9 sqm): a studio on the 6th floor of a 14-storey tower completed in 2023.

What is unit 603 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 603, Viridis Residences B

Starts from the last sale price (AED 495K, 19 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 494,950
Deposit, UAE resident (20%)
AED 98,990
Deposit, non-resident (40%)
AED 197,980
Monthly over 25 years at 3.7%
AED 2,025

Plus AED 23,698 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →