1-bed · 764 sqftViridis Residences D, Damac Hills 2 · 14th floor · completed 2023

1407, Viridis Residences D

Sold prices and rental history: sold once, by the developer in December 2023, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 618K21 December 2023
Current rentAED 55K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Viridis Residences D

What is 1407 worth today?

Last sold for AED 618,240 in 2023

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1 Nov 2024RentedNew contract
AED 55,000/yr12 months · AED 72 per sqft
21 Dec 2023Sold by developerReady
AED 618,240AED 809 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
764 sqft
Floor
14th of 14
Parking
G-08
Developer
DAMAC
Completed
2023
Service charge
AED 13,500 /yr
Last sold
AED 618K · December 2023

About 1407, Viridis Residences D

1407 is a one-bedroom apartment of 764 sqft on the 14th floor of Viridis Residences D, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 21 December 2023 for AED 618,240, or AED 809 per sqft, 12% above the AED 725 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2024. The current contract, signed on 1 November 2024, is AED 55,000 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 13,500 a year.

Sales and rents for 1407 over time

Sales
Unit 1407, each saleTypical one-bed in Viridis Residences D
600K800K2016201920222025Typical sale price by year: 2016 AED 821,873; 2019 AED 540,000; 2022 AED 553,000; 2023 AED 564,540; 2025 AED 650,000Sold by developer, December 2023: AED 618,240 (AED 809 per sqft)

1407 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1407, each contractTypical one-bed in Viridis Residences D
40K20222023202420252026Typical rent by year: 2022 AED 30,000; 2023 AED 36,000; 2024 AED 45,500; 2025 AED 55,000New contract, November 2024: AED 55,000 a year

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

1-beds in Viridis Residences D, and where 1407 sits

All 29 1-beds →

1407 last sold in December 2023 at AED 809 per sqft, 12% above what one-beds in Viridis Residences D were fetching at the time (AED 725). Over the last 12 months one-beds sold for AED 700,000, around AED 926 per sqft, and rent for AED 57,000 to 65,000 a year. 1407's AED 55,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Jan 2026700,000
31 Jul 2025700,000
3 Jul 2025650,000
13 Jun 2025670,000
2 1-bed 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 14th floor

All 214 units in Viridis Residences D
Value
1402StudioAED 447K · Mar 2022
14061-bedAED 553K · Mar 2022
14101-bedAED 627K · Jul 2023

1407, Viridis Residences D in numbers

  • Sold once: by DAMAC on 21 December 2023 for AED 618,240, or AED 809 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 8.9%, before a service charge of about AED 13,500 a year (AED 17.68 per sqft).
  • One-beds in Viridis Residences D sold for AED 700,000–700,000 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 1 November 2024.

Questions about 1407, Viridis Residences D

What did unit 1407 last sell for?

AED 618,240 on 21 December 2023, sold by the developer: AED 809 per sqft for 764 sqft. It is the only registered sale of the unit.

What is the rent for unit 1407?

AED 55,000 a year on the contract signed on 1 November 2024.

How big is unit 1407?

764 sqft (71.0 sqm): a one-bedroom apartment on the 14th floor of a 14-storey tower completed in 2023.

What is unit 1407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Viridis Residences D sold for AED 700,000 to 700,000 in the last 12 months, around AED 926 per sqft.

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Mortgage on 1407, Viridis Residences D

Starts from the last sale price (AED 618K, 21 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 618,240
Deposit, UAE resident (20%)
AED 123,648
Deposit, non-resident (40%)
AED 247,296
Monthly over 25 years at 3.7%
AED 2,529

Plus AED 30,976 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →