Studio · 429 sqftViridis Residences B, Damac Hills 2 · 7th floor · completed 2023

712, Viridis Residences B

Sold prices and rental history: sold once, by the developer in May 2016, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 5 August 2025
Last soldAED 578K25 May 2016
Current rentAED 30K /yr5 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Viridis Residences B

What is 712 worth today?

Last sold for AED 578,208 in 2016

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5 Aug 2025RentedNew contract
AED 30,000/yr12 months · AED 70 per sqft
25 May 2016Sold by developerOff-plan
AED 578,208AED 1,347 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 August 2025.

Key facts

Type
Studio hotel apartment
Size
429 sqft
Floor
7th of 14
Parking
P1-350
Developer
DAMAC
Completed
2023
Last sold
AED 578K · May 2016

About 712, Viridis Residences B

712 is a studio of 429 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 25 May 2016 for AED 578,208, or AED 1,347 per sqft, 9% above the AED 1,231 studios in the building were fetching at the time.

One Ejari contract is registered, from 5 August 2025. The current contract, signed on 5 August 2025, is AED 30,000 a year: a gross yield of 5.2% on the 2016 price.

Sales and rents for 712 over time

Sales
Unit 712, 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, May 2016: AED 578,208 (AED 1,347 per sqft)

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

Rents
Unit 712, 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 2025: AED 30,000 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 712 sits

All 140 studios →

712 last sold in May 2016 at AED 1,347 per sqft, 9% above what studios in Viridis Residences B were fetching at the time (AED 1,231). 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. 712's AED 30,000 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 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

712, Viridis Residences B in numbers

  • Sold once: by DAMAC on 25 May 2016 for AED 578,208, or AED 1,347 per sqft.
  • Rented since August 2025 on one Ejari contract, at AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2016 price is 5.2%.
  • 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 5 August 2025.

Questions about 712, Viridis Residences B

What did unit 712 last sell for?

AED 578,208 on 25 May 2016, sold by the developer: AED 1,347 per sqft for 429 sqft. It is the only registered sale of the unit.

What is the rent for unit 712?

AED 30,000 a year on the contract signed on 5 August 2025.

How big is unit 712?

429 sqft (39.9 sqm): a studio on the 7th floor of a 14-storey tower completed in 2023.

What is unit 712 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 712, Viridis Residences B

Starts from the last sale price (AED 578K, 25 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 578,208
Deposit, UAE resident (20%)
AED 115,642
Deposit, non-resident (40%)
AED 231,283
Monthly over 25 years at 3.7%
AED 2,366

Plus AED 29,294 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →