Studio · 426 sqftViridis Residences C, Damac Hills 2 · 4th floor · completed 2023

404, Viridis Residences C

Sold prices and rental history: sold once, by the developer in April 2016, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 12 May 2024
Last soldAED 492K11 April 2016
Current rentAED 28K /yr12 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Viridis Residences C

What is 404 worth today?

Last sold for AED 491,568 in 2016

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12 May 2024RentedRenewal
AED 28,350/yr12 months · AED 66 per sqft
12 May 2023RentedNew contract
AED 27,000/yr12 months · AED 63 per sqft
25 Apr 2022RentedNew contract
AED 18,000/yr12 months · AED 42 per sqft
11 Apr 2016Sold by developerOff-plan
AED 491,568AED 1,155 per sqft

Source: Dubai Land Department. Updated 12 May 2024.

Key facts

Type
Studio apartment
Size
426 sqft
Floor
4th of 14
Parking
P2-119
Developer
DAMAC
Completed
2023
Service charge
AED 7,500 /yr
Last sold
AED 492K · April 2016

About 404, Viridis Residences C

404 is a studio of 426 sqft on the 4th floor of Viridis Residences C, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 11 April 2016 for AED 491,568, or AED 1,155 per sqft, 9% above the AED 1,059 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 12 May 2024, is AED 28,350 a year: a gross yield of 5.8% on the 2016 price, before the service charge of about AED 7,500 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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 2016: AED 491,568 (AED 1,155 per sqft)

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

Rents
Unit 404, 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, April 2022: AED 18,000 a yearNew contract, May 2023: AED 27,000 a yearRenewal, May 2024: AED 28,350 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 404 sits

All 105 studios →

404 last sold in April 2016 at AED 1,155 per sqft, 9% above what studios in Viridis Residences C were fetching at the time (AED 1,059). 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. 404's AED 28,350 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 4th floor

All 198 units in Viridis Residences C
Value
4012-bedAED 860K · Jan 2025
402StudioAED 600K · May 2024
403StudioAED 350K · Aug 2019
405StudioAED 337K · Jul 2024
406StudioAED 447K · Nov 2015
407StudioAED 395K · Nov 2015
4081-bedAED 719K · Nov 2015
1–7 of 15

404, Viridis Residences C in numbers

  • Sold once: by DAMAC on 11 April 2016 for AED 491,568, or AED 1,155 per sqft.
  • Rented since April 2022 on 3 Ejari contracts, from AED 18,000 to AED 28,350 a year.
  • At AED 28,350 a year the gross yield on the 2016 price is 5.8%, before a service charge of about AED 7,500 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: Dubai Land Department. Updated 12 May 2024.

Questions about 404, Viridis Residences C

What did unit 404 last sell for?

AED 491,568 on 11 April 2016, sold by the developer: AED 1,155 per sqft for 426 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 28,350 a year on the contract renewed on 12 May 2024. The previous contract, from May 2023, was AED 27,000; the unit has been rented since April 2022.

How big is unit 404?

426 sqft (39.6 sqm): a studio on the 4th floor of a 14-storey tower completed in 2023.

What is unit 404 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 404, Viridis Residences C

Starts from the last sale price (AED 492K, 11 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 491,568
Deposit, UAE resident (20%)
AED 98,314
Deposit, non-resident (40%)
AED 196,627
Monthly over 25 years at 3.7%
AED 2,011

Plus AED 23,556 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →