2-bed · 1,095 sqftViridis Residences C, Damac Hills 2 · 5th floor · completed 2023

501, Viridis Residences C

Sold prices and rental history: sold twice, last in August 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 12 August 2024
Last soldAED 950K12 August 2024
Current rentAED 46K /yr10 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Viridis Residences C

What is 501 worth today?

Last sold for AED 950,000 in 2024

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12 Aug 2024SoldReady
AED 950,000AED 867 per sqft
10 Dec 2023RentedRenewal
AED 46,000/yr12 months · AED 42 per sqft
10 Dec 2022RentedNew contract
AED 43,000/yr12 months · AED 39 per sqft
24 Nov 2019Sold by developerOff-plan
AED 725,200AED 662 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 August 2024.

Key facts

Type
2-bed apartment
Size
1,095 sqft
Floor
5th of 14
Parking
P2-27
Developer
DAMAC
Completed
2023
Service charge
AED 19,400 /yr
Last sold
AED 950K · August 2024

About 501, Viridis Residences C

501 is a two-bedroom apartment of 1,095 sqft on the 5th floor of Viridis Residences C, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. It last sold on 12 August 2024 for AED 950,000, or AED 867 per sqft.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 10 December 2023, is AED 46,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 19,400 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in Viridis Residences C
800K2019202120232025Typical sale price by year: 2019 AED 725,200; 2022 AED 754,600; 2023 AED 760,000; 2024 AED 892,772; 2025 AED 897,500Sold by developer, November 2019: AED 725,200 (AED 662 per sqft)Sold, August 2024: AED 950,000 (AED 867 per sqft)

501 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 501, each contractTypical two-bed in Viridis Residences C
40K60K20222023202420252026Typical rent by year: 2022 AED 40,000; 2023 AED 45,000; 2024 AED 49,500; 2025 AED 68,100New contract, December 2022: AED 43,000 a yearRenewal, December 2023: AED 46,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Viridis Residences C, and where 501 sits

All 27 2-beds →

Over the last 12 months two-beds sold for AED 1,075,000, around AED 981 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jan 20261,075,000
24 Apr 2025960,000
10 Apr 2025935,000
19 Feb 2025750,000
1 2-bed sale 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 5th floor

All 198 units in Viridis Residences C
Value
502StudioAED 422K · Nov 2024
503StudioAED 345K · Feb 2023
504AED 445K · Oct 2025
505StudioAED 439K · Nov 2015
506StudioAED 360K · Oct 2023
507StudioAED 321K · Nov 2022
5081-bedAED 676K · Apr 2021
1–7 of 15

501, Viridis Residences C in numbers

  • Sold twice: first on 24 November 2019 for AED 725,200, last on 12 August 2024 for AED 950,000 (AED 867 per sqft).
  • Rented since December 2022 on 2 Ejari contracts, from AED 43,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 19,400 a year (AED 17.68 per sqft).
  • Two-beds in Viridis Residences C sold for AED 1,075,000–1,075,000 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 12 August 2024.

Questions about 501, Viridis Residences C

What did unit 501 last sell for?

AED 950,000 on 12 August 2024: AED 867 per sqft for 1,095 sqft. The unit has 2 registered sales; the first was AED 725,200 in November 2019.

What is the rent for unit 501?

AED 46,000 a year on the contract renewed on 10 December 2023. The previous contract, from December 2022, was AED 43,000.

How big is unit 501?

1,095 sqft (101.7 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2023.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Viridis Residences C sold for AED 1,075,000 to 1,075,000 in the last 12 months, around AED 981 per sqft.

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Mortgage on 501, Viridis Residences C

Starts from the last sale price (AED 950K, 12 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →