Studio · 385 sqftViridis Residences D, Damac Hills 2 · 12th floor · completed 2023

1214, Viridis Residences D

Sold prices and rental history: sold once, by the developer in August 2020, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1214 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 350K20 August 2020
Current rentAED 37K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1214, Viridis Residences D

What is 1214 worth today?

Last sold for AED 350,000 in 2020

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15 Dec 2024RentedNew contract
AED 37,000/yr12 months · AED 95 per sqft
20 Aug 2020Sold by developerOff-plan
AED 350,000AED 909 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 December 2024.

Key facts

Type
Studio apartment
Size
385 sqft
Floor
12th of 14
Parking
nan
Developer
DAMAC
Completed
2023
Service charge
AED 6,800 /yr
Last sold
AED 350K · August 2020

About 1214, Viridis Residences D

1214 is a studio of 385 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 20 August 2020 for AED 350,000, or AED 909 per sqft, 9% above the AED 836 studios in the building were fetching at the time.

One Ejari contract is registered, from 15 December 2024. The current contract, signed on 15 December 2024, is AED 37,000 a year: a gross yield of 10.6% on the 2020 price, before the service charge of about AED 6,800 a year.

Sales and rents for 1214 over time

Sales
Unit 1214, each saleTypical studio in Viridis Residences D
400K500K2015201820212024Typical 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, August 2020: AED 350,000 (AED 909 per sqft)

1214 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1214, 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, December 2024: AED 37,000 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 D, and where 1214 sits

All 150 studios →

1214 last sold in August 2020 at AED 909 per sqft, 9% above what studios in Viridis Residences D were fetching at the time (AED 836). 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. 1214's AED 37,000 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
1202StudioAED 670K · Jan 2016
1203StudioAED 350K · Jul 2019
1204StudioAED 492K · Jan 2016
1205StudioAED 502K · Jan 2016
1206StudioAED 492K · Jan 2016
1207StudioAED 370K · Mar 2024
1–7 of 16

1214, Viridis Residences D in numbers

  • Sold once: by DAMAC on 20 August 2020 for AED 350,000, or AED 909 per sqft.
  • Rented since December 2024 on one Ejari contract, at AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2020 price is 10.6%, before a service charge of about AED 6,800 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: YallaValue analysis of Dubai Land Department records. Updated 15 December 2024.

Questions about 1214, Viridis Residences D

What did unit 1214 last sell for?

AED 350,000 on 20 August 2020, sold by the developer: AED 909 per sqft for 385 sqft. It is the only registered sale of the unit.

What is the rent for unit 1214?

AED 37,000 a year on the contract signed on 15 December 2024.

How big is unit 1214?

385 sqft (35.8 sqm): a studio on the 12th floor of a 14-storey tower completed in 2023.

What is unit 1214 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.

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Mortgage on 1214, Viridis Residences D

Starts from the last sale price (AED 350K, 20 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

Plus AED 17,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →