Studio · 429 sqftViridis Residences B, Damac Hills 2 · 8th floor · completed 2023

803, Viridis Residences B

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

Unit 803 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 500K19 November 2015
Current rentAED 33K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Viridis Residences B

What is 803 worth today?

Last sold for AED 499,700 in 2015

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1 Sep 2024RentedNew contract
AED 33,000/yr12 months · AED 77 per sqft
19 Nov 2015Sold by developerOff-plan
AED 499,700AED 1,164 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.

Key facts

Type
Studio hotel apartment
Size
429 sqft
Floor
8th of 14
Parking
P1-345
Developer
DAMAC
Completed
2023
Last sold
AED 500K · November 2015

About 803, Viridis Residences B

803 is a studio of 429 sqft on the 8th 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 499,700, or AED 1,164 per sqft, in line with the AED 1,168 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2024. The current contract, signed on 1 September 2024, is AED 33,000 a year: a gross yield of 6.6% on the 2015 price.

Sales and rents for 803 over time

Sales
Unit 803, 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 499,700 (AED 1,164 per sqft)

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

Rents
Unit 803, 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, September 2024: AED 33,000 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 803 sits

All 140 studios →

803 last sold in November 2015 at AED 1,164 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. 803's AED 33,000 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 8th floor

All 213 units in Viridis Residences B
Value
8012-bedAED 1.46M · Dec 2015
802StudioAED 467K · Jul 2023
804StudioAED 485K · Nov 2015
805StudioAED 379K · Jan 2024
806StudioAED 485K · Oct 2015
807StudioAED 361K · May 2023
808StudioAED 346K · Jul 2023
1–7 of 16

803, Viridis Residences B in numbers

  • Sold once: by DAMAC on 19 November 2015 for AED 499,700, or AED 1,164 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2015 price is 6.6%.
  • 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 1 September 2024.

Questions about 803, Viridis Residences B

What did unit 803 last sell for?

AED 499,700 on 19 November 2015, sold by the developer: AED 1,164 per sqft for 429 sqft. It is the only registered sale of the unit.

What is the rent for unit 803?

AED 33,000 a year on the contract signed on 1 September 2024.

How big is unit 803?

429 sqft (39.9 sqm): a studio on the 8th floor of a 14-storey tower completed in 2023.

What is unit 803 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 803, Viridis Residences B

Starts from the last sale price (AED 500K, 19 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 499,700
Deposit, UAE resident (20%)
AED 99,940
Deposit, non-resident (40%)
AED 199,880
Monthly over 25 years at 3.7%
AED 2,044

Plus AED 23,897 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →