Studio · 557 sqftViridis Residences D, Damac Hills 2 · 12th floor · completed 2023

1202, Viridis Residences D

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

Unit 1202 · DLD and Ejari recordsUpdated 5 July 2025
Last soldAED 670K31 January 2016
Current rentAED 39K /yr5 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Viridis Residences D

What is 1202 worth today?

Last sold for AED 669,750 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Jul 2025RentedRenewal
AED 38,500/yr12 months · AED 68 per sqft
5 Jul 2023RentedNew contract
AED 30,000/yr12 months · AED 53 per sqft
15 Jul 2022RentedNew contract
AED 25,000/yr12 months · AED 44 per sqft
31 Jan 2016Sold by developerOff-plan
AED 669,750AED 1,201 per sqft

Source: Dubai Land Department. Updated 5 July 2025.

Key facts

Type
Studio apartment
Size
557 sqft
Floor
12th of 14
Parking
G-58
Developer
DAMAC
Completed
2023
Service charge
AED 9,900 /yr
Last sold
AED 670K · January 2016

About 1202, Viridis Residences D

1202 is a studio of 557 sqft on the 12th floor of Viridis Residences D, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 31 January 2016 for AED 669,750, or AED 1,201 per sqft, 5% above the AED 1,144 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 5 July 2025, is AED 38,500 a year: a gross yield of 5.8% on the 2016 price, before the service charge of about AED 9,900 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical studio in Viridis Residences D
400K600K2015201820212024Typical sale price by year: 2015 AED 485,500; 2016 AED 491,568; 2018 AED 468,860; 2019 AED 355,000; 2020 AED 350,000; 2021 AED 372,000; 2022 AED 344,000; 2023 AED 338,000; 2024 AED 385,000; 2025 AED 417,500Sold by developer, January 2016: AED 669,750 (AED 1,201 per sqft)

1202 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1202, each contractTypical studio in Viridis Residences D
20K30K40K202220242026Typical rent by year: 2022 AED 22,000; 2023 AED 27,000; 2024 AED 32,000; 2025 AED 36,000; 2026 AED 42,969New contract, July 2022: AED 25,000 a yearNew contract, July 2023: AED 30,000 a yearRenewal, July 2025: AED 38,500 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 D, and where 1202 sits

All 150 studios →

1202 last sold in January 2016 at AED 1,201 per sqft, 5% above what studios in Viridis Residences D were fetching at the time (AED 1,144). Over the last 12 months studios sold for AED 420,000 to 490,000, around AED 1,091 per sqft, and rent for AED 26,500 to 64,000 a year. 1202's AED 38,500 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
5 Feb 2026450,000
6 Jan 2026445,000
26 Dec 2025420,000
31 Jul 2025450,000
5 studio sales in the last 12 months

Viridis Residences D

Building

214 apartments, studios to 2-bed over 14 floors in Damac Hills 2, completed in 2023 by DAMAC. 7 sold in the last 12 months.

Typical price per sqft
AED 1,044
Typical sale
AED 480K
Typical rent
AED 40K /yr
Typical yield
8.5%
Viridis Residences D, Damac Hills 2: prices, sales and rents →

Other units on the 12th floor

All 214 units in Viridis Residences D
Value
12012-bedAED 1.34M · Apr 2016
1203StudioAED 350K · Jul 2019
1204StudioAED 492K · Jan 2016
1205StudioAED 502K · Jan 2016
1206StudioAED 492K · Jan 2016
1207StudioAED 370K · Mar 2024
12081-bedAED 630K · Nov 2024
1–7 of 16

1202, Viridis Residences D in numbers

  • Sold once: by DAMAC on 31 January 2016 for AED 669,750, or AED 1,201 per sqft.
  • Rented since July 2022 on 3 Ejari contracts, from AED 25,000 to AED 38,500 a year.
  • At AED 38,500 a year the gross yield on the 2016 price is 5.8%, before a service charge of about AED 9,900 a year (AED 17.68 per sqft).
  • Studios in Viridis Residences D sold for AED 420,000–490,000 in the 12 months to November 2026; the building's median across all types is AED 1,044 per sqft.

Source: Dubai Land Department. Updated 5 July 2025.

Questions about 1202, Viridis Residences D

What did unit 1202 last sell for?

AED 669,750 on 31 January 2016, sold by the developer: AED 1,201 per sqft for 557 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 38,500 a year on the contract renewed on 5 July 2025. The previous contract, from July 2023, was AED 30,000; the unit has been rented since July 2022.

How big is unit 1202?

557 sqft (51.7 sqm): a studio on the 12th floor of a 14-storey tower completed in 2023.

What is unit 1202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Viridis Residences D sold for AED 420,000 to 490,000 in the last 12 months, around AED 1,091 per sqft.

Selling 1202? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1202, Viridis Residences D

Starts from the last sale price (AED 670K, 31 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 669,750
Deposit, UAE resident (20%)
AED 133,950
Deposit, non-resident (40%)
AED 267,900
Monthly over 25 years at 3.7%
AED 2,740

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →