2-bed · 1,106 sqftViridis Residences C, Damac Hills 2 · 5th floor · completed 2023

515, Viridis Residences C

Sold prices and rental history: sold once, by the developer in May 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 15 July 2025
Last soldAED 750K2 May 2020
Current rentAED 68K /yr15 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Viridis Residences C

What is 515 worth today?

Last sold for AED 750,000 in 2020

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15 Jul 2025RentedRenewal
AED 68,200/yr12 months · AED 62 per sqft
15 Jul 2024RentedNew contract
AED 62,000/yr12 months · AED 56 per sqft
10 May 2023RentedNew contract
AED 45,000/yr12 months · AED 41 per sqft
26 Aug 2022RentedNew contract
AED 40,000/yr12 months · AED 36 per sqft
2 May 2020Sold by developerOff-plan
AED 750,000AED 678 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 July 2025.

Key facts

Type
2-bed apartment
Size
1,106 sqft
Floor
5th of 14
Parking
P1-343
Developer
DAMAC
Completed
2023
Service charge
AED 19,600 /yr
Last sold
AED 750K · May 2020

About 515, Viridis Residences C

515 is a two-bedroom apartment of 1,106 sqft on the 5th floor of Viridis Residences C, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 2 May 2020 for AED 750,000, or AED 678 per sqft, in line with the AED 662 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 15 July 2025, is AED 68,200 a year: a gross yield of 9.1% on the 2020 price, before the service charge of about AED 19,600 a year.

Sales and rents for 515 over time

Sales
Unit 515, each saleTypical two-bed in Viridis Residences C
700K800K900K2019202120232025Typical 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, May 2020: AED 750,000 (AED 678 per sqft)

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

Rents
Unit 515, each contractTypical two-bed in Viridis Residences C
40K60K202220242026Typical rent by year: 2022 AED 40,000; 2023 AED 45,000; 2024 AED 49,500; 2025 AED 68,100New contract, August 2022: AED 40,000 a yearNew contract, May 2023: AED 45,000 a yearNew contract, July 2024: AED 62,000 a yearRenewal, July 2025: AED 68,200 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 515 sits

All 27 2-beds →

515 last sold in May 2020 at AED 678 per sqft, in line with what two-beds in Viridis Residences C were fetching at the time (AED 662). 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
5012-bedAED 950K · Aug 2024
502StudioAED 422K · Nov 2024
503StudioAED 345K · Feb 2023
504AED 445K · Oct 2025
505StudioAED 439K · Nov 2015
506StudioAED 360K · Oct 2023
507StudioAED 321K · Nov 2022
1–7 of 15

515, Viridis Residences C in numbers

  • Sold once: by DAMAC on 2 May 2020 for AED 750,000, or AED 678 per sqft.
  • Rented since August 2022 on 4 Ejari contracts, from AED 40,000 to AED 68,200 a year.
  • At AED 68,200 a year the gross yield on the 2020 price is 9.1%, before a service charge of about AED 19,600 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 15 July 2025.

Questions about 515, Viridis Residences C

What did unit 515 last sell for?

AED 750,000 on 2 May 2020, sold by the developer: AED 678 per sqft for 1,106 sqft. It is the only registered sale of the unit.

What is the rent for unit 515?

AED 68,200 a year on the contract renewed on 15 July 2025. The previous contract, from July 2024, was AED 62,000; the unit has been rented since August 2022.

How big is unit 515?

1,106 sqft (102.8 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2023.

What is unit 515 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 515, Viridis Residences C

Starts from the last sale price (AED 750K, 2 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

Plus AED 36,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →