Home
Dubai prices
About
Research
423 sqftViridis Residences B, Damac Hills 2 · 7th floor · completed 2023

711A, Viridis Residences B

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

Unit 711A · DLD and Ejari recordsUpdated 5 October 2024
Last soldAED 357K13 April 2023
Current rentAED 40K /yr5 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711A, Viridis Residences B

What is 711A worth today?

Last sold for AED 357,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Oct 2024RentedNew contract
AED 40,000/yr12 months · AED 95 per sqft
13 Apr 2023Sold by developerReady
AED 357,000AED 844 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 October 2024.

Key facts

Type
Hotel apartment
Size
423 sqft
Floor
7th of 14
Parking
P1-349
Developer
DAMAC
Completed
2023
Last sold
AED 357K · April 2023
Building
Viridis Residences B

About 711A, Viridis Residences B

711A is a hotel apartment of 423 sqft on the 7th floor of Viridis Residences B, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 13 April 2023 for AED 357,000, or AED 844 per sqft.

One Ejari contract is registered, from 5 October 2024. The current contract, signed on 5 October 2024, is AED 40,000 a year: a gross yield of 11.2% 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 7th floor

All 213 units in Viridis Residences B
Value
7012-bedAED 1.4M · Apr 2016
702StudioAED 704K · Nov 2015
703StudioAED 340K · Oct 2023
704StudioAED 405K · Jun 2024
705StudioAED 365K · Jan 2024
706StudioAED 380K · Aug 2024
707StudioAED 361K · Apr 2023
1–7 of 16

711A, Viridis Residences B in numbers

  • Sold once: by DAMAC on 13 April 2023 for AED 357,000, or AED 844 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 11.2%.

Source: YallaValue analysis of Dubai Land Department records. Updated 5 October 2024.

Questions about 711A, Viridis Residences B

What did unit 711A last sell for?

AED 357,000 on 13 April 2023, sold by the developer: AED 844 per sqft for 423 sqft. It is the only registered sale of the unit.

What is the rent for unit 711A?

AED 40,000 a year on the contract signed on 5 October 2024.

How big is unit 711A?

423 sqft (39.3 sqm): a hotel apartment on the 7th floor of a 14-storey tower completed in 2023.

What is unit 711A worth today?

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

Selling 711A? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 711A, Viridis Residences B

Starts from the last sale price (AED 357K, 13 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 357,000
Deposit, UAE resident (20%)
AED 71,400
Deposit, non-resident (40%)
AED 142,800
Monthly over 25 years at 3.7%
AED 1,461

Plus AED 17,904 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →