Studio · 428 sqftViridis Residences C, Damac Hills 2 · 3rd floor · completed 2023

311, Viridis Residences C

Sold prices and rental history: sold once, by the developer in April 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 456K6 April 2021
Current rentAED 23K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Viridis Residences C

What is 311 worth today?

Last sold for AED 456,000 in 2021

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1 Jul 2024RentedRenewal
AED 23,000/yr12 months · AED 53 per sqft
1 Jul 2023RentedRenewal
AED 22,000/yr12 months · AED 51 per sqft
1 Jul 2022RentedNew contract
AED 20,000/yr12 months · AED 46 per sqft
6 Apr 2021Sold by developerOff-plan
AED 456,000AED 1,066 per sqft

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

Key facts

Type
Studio apartment
Size
428 sqft
Floor
3rd of 14
Parking
P2-110
Developer
DAMAC
Completed
2023
Service charge
AED 7,600 /yr
Last sold
AED 456K · April 2021

About 311, Viridis Residences C

311 is a studio of 428 sqft on the 3rd floor of Viridis Residences C, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 6 April 2021 for AED 456,000, or AED 1,066 per sqft, 24% above the AED 860 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 23,000 a year: a gross yield of 5.0% on the 2021 price, before the service charge of about AED 7,600 a year.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical studio in Viridis Residences C
400K500K20152018202120242027Typical sale price by year: 2015 AED 447,450; 2016 AED 491,568; 2019 AED 350,000; 2020 AED 350,000; 2021 AED 355,740; 2022 AED 338,000; 2023 AED 344,500; 2024 AED 390,000; 2025 AED 430,000; 2026 AED 430,000Sold by developer, April 2021: AED 456,000 (AED 1,066 per sqft)

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

Rents
Unit 311, each contractTypical studio in Viridis Residences C
20K30K40K202220242026Typical rent by year: 2022 AED 22,687; 2023 AED 26,000; 2024 AED 31,000; 2025 AED 38,000; 2026 AED 38,442New contract, July 2022: AED 20,000 a yearRenewal, July 2023: AED 22,000 a yearRenewal, July 2024: AED 23,000 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 C, and where 311 sits

All 105 studios →

311 last sold in April 2021 at AED 1,066 per sqft, 24% above what studios in Viridis Residences C were fetching at the time (AED 860). Over the last 12 months studios sold for AED 401,272 to 470,000, around AED 1,055 per sqft, and rent for AED 10,000 to 50,000 a year. 311's AED 23,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Feb 2026410,000
6 Feb 2026401,272
29 Jan 2026455,000
5 Jan 2026450,000
5 studio sales in the last 12 months

Viridis Residences C

Building

198 apartments, studios to 2-bed over 14 floors in Damac Hills 2, completed in 2023 by DAMAC. 11 sold in the last 12 months.

Typical price per sqft
AED 950 Down 2.1%
Typical sale
AED 670K
Typical rent
AED 40K /yr
Typical yield
8.5%
Viridis Residences C, Damac Hills 2: prices, sales and rents →

Other units on the 3rd floor

All 198 units in Viridis Residences C
Value
3012-bedAED 806K · Sep 2021
302StudioAED 461K · Apr 2021
303StudioAED 350K · Aug 2019
304StudioAED 400K · Jun 2024
305AED 450K · Aug 2025
306StudioAED 177K · Dec 2023
307StudioAED 350K · Feb 2024
1–7 of 16

311, Viridis Residences C in numbers

  • Sold once: by DAMAC on 6 April 2021 for AED 456,000, or AED 1,066 per sqft.
  • Rented since July 2022 on 3 Ejari contracts, from AED 20,000 to AED 23,000 a year.
  • At AED 23,000 a year the gross yield on the 2021 price is 5.0%, before a service charge of about AED 7,600 a year (AED 17.68 per sqft).
  • Studios in Viridis Residences C sold for AED 401,272–470,000 in the 12 months to November 2026; the building's median across all types is AED 950 per sqft.

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

Questions about 311, Viridis Residences C

What did unit 311 last sell for?

AED 456,000 on 6 April 2021, sold by the developer: AED 1,066 per sqft for 428 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 23,000 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 22,000; the unit has been rented since July 2022.

How big is unit 311?

428 sqft (39.8 sqm): a studio on the 3rd floor of a 14-storey tower completed in 2023.

What is unit 311 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Viridis Residences C sold for AED 401,272 to 470,000 in the last 12 months, around AED 1,055 per sqft.

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Mortgage on 311, Viridis Residences C

Starts from the last sale price (AED 456K, 6 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 456,000
Deposit, UAE resident (20%)
AED 91,200
Deposit, non-resident (40%)
AED 182,400
Monthly over 25 years at 3.7%
AED 1,866

Plus AED 22,062 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →