Studio · 405 sqftViridis Residences C, Damac Hills 2 · 4th floor · completed 2023

407, Viridis Residences C

Sold prices and rental history: sold once, by the developer in November 2015, and rented once, from August 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 25 August 2022
Last soldAED 395K19 November 2015
Current rentAED 22K /yr25 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Viridis Residences C

What is 407 worth today?

Last sold for AED 395,200 in 2015

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25 Aug 2022RentedNew contract
AED 22,000/yr12 months · AED 54 per sqft
19 Nov 2015Sold by developerOff-plan
AED 395,200AED 976 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 August 2022.

Key facts

Type
Studio apartment
Size
405 sqft
Floor
4th of 14
Parking
P2-18
Developer
DAMAC
Completed
2023
Service charge
AED 7,200 /yr
Last sold
AED 395K · November 2015

About 407, Viridis Residences C

407 is a studio of 405 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 19 November 2015 for AED 395,200, or AED 976 per sqft, 7% below the AED 1,053 studios in the building were fetching at the time.

One Ejari contract is registered, from 25 August 2022. The current contract, signed on 25 August 2022, is AED 22,000 a year: a gross yield of 5.6% on the 2015 price, before the service charge of about AED 7,200 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, November 2015: AED 395,200 (AED 976 per sqft)

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

Rents
Unit 407, 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, August 2022: AED 22,000 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 407 sits

All 105 studios →

407 last sold in November 2015 at AED 976 per sqft, 7% below what studios in Viridis Residences C were fetching at the time (AED 1,053). 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. 407's AED 22,000 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 4th floor

All 198 units in Viridis Residences C
Value
4012-bedAED 860K · Jan 2025
402StudioAED 600K · May 2024
403StudioAED 350K · Aug 2019
404StudioAED 492K · Apr 2016
405StudioAED 337K · Jul 2024
406StudioAED 447K · Nov 2015
4081-bedAED 719K · Nov 2015
1–7 of 15

407, Viridis Residences C in numbers

  • Sold once: by DAMAC on 19 November 2015 for AED 395,200, or AED 976 per sqft.
  • Rented since August 2022 on one Ejari contract, at AED 22,000 a year.
  • At AED 22,000 a year the gross yield on the 2015 price is 5.6%, before a service charge of about AED 7,200 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 25 August 2022.

Questions about 407, Viridis Residences C

What did unit 407 last sell for?

AED 395,200 on 19 November 2015, sold by the developer: AED 976 per sqft for 405 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 22,000 a year on the contract signed on 25 August 2022.

How big is unit 407?

405 sqft (37.6 sqm): a studio on the 4th floor of a 14-storey tower completed in 2023.

What is unit 407 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 407, Viridis Residences C

Starts from the last sale price (AED 395K, 19 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 395,200
Deposit, UAE resident (20%)
AED 79,040
Deposit, non-resident (40%)
AED 158,080
Monthly over 25 years at 3.7%
AED 1,617

Plus AED 19,508 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →