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

501, Viridis Residences D

Sold prices and rental history: sold once, by the developer in November 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 10 May 2025
Last soldAED 753K14 November 2022
Current rentAED 72K /yr10 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Viridis Residences D

What is 501 worth today?

Last sold for AED 753,000 in 2022

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10 May 2025RentedNew contract
AED 71,807/yr12 months · AED 66 per sqft
15 Apr 2024RentedRenewal
AED 70,000/yr12 months · AED 64 per sqft
15 Apr 2023RentedNew contract
AED 55,000/yr12 months · AED 50 per sqft
10 Feb 2023RentedNew contract
AED 60,000/yr12 months · AED 55 per sqft
14 Nov 2022Sold by developerReady
AED 753,000AED 687 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 May 2025.

Key facts

Type
2-bed apartment
Size
1,095 sqft
Floor
5th of 14
Parking
P1-49
Developer
DAMAC
Completed
2023
Service charge
AED 19,400 /yr
Last sold
AED 753K · November 2022

About 501, Viridis Residences D

501 is a two-bedroom apartment of 1,095 sqft on the 5th floor of Viridis Residences D, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. The developer sold it on 14 November 2022 for AED 753,000, or AED 687 per sqft, 23% below the AED 893 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 10 May 2025, is AED 71,807 a year: a gross yield of 9.5% on the 2022 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 D
1M2016201920222025Typical sale price by year: 2016 AED 1,339,728; 2019 AED 750,000; 2022 AED 764,000; 2023 AED 744,960; 2024 AED 900,000Sold by developer, November 2022: AED 753,000 (AED 687 per sqft)

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

Rents
Unit 501, each contractTypical two-bed in Viridis Residences D
60K2023202420252026Typical rent by year: 2023 AED 50,000; 2024 AED 70,000; 2025 AED 73,896New contract, February 2023: AED 60,000 a yearNew contract, April 2023: AED 55,000 a yearRenewal, April 2024: AED 70,000 a yearNew contract, May 2025: AED 71,807 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 D, and where 501 sits

All 23 2-beds →

501 last sold in November 2022 at AED 687 per sqft, 23% below what two-beds in Viridis Residences D were fetching at the time (AED 893).

Recent 2-bed salesUnit no.Price (AED)Summary
27 Feb 2025900,000
5 Jul 2024800,000
24 Jun 2024980,000
16 Feb 2024900,000
0 2-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 5th floor

All 214 units in Viridis Residences D
Value
502StudioAED 643K · Apr 2016
503StudioAED 358K · Feb 2020
504StudioAED 471K · Jan 2016
505StudioAED 369K · Sep 2021
506StudioAED 450K · Feb 2026
507StudioAED 321K · Dec 2021
5081-bedAED 663K · Aug 2022
1–7 of 17

501, Viridis Residences D in numbers

  • Sold once: by DAMAC on 14 November 2022 for AED 753,000, or AED 687 per sqft.
  • Rented since February 2023 on 4 Ejari contracts, from AED 60,000 to AED 71,807 a year.
  • At AED 71,807 a year the gross yield on the 2022 price is 9.5%, before a service charge of about AED 19,400 a year (AED 17.68 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 10 May 2025.

Questions about 501, Viridis Residences D

What did unit 501 last sell for?

AED 753,000 on 14 November 2022, sold by the developer: AED 687 per sqft for 1,095 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 71,807 a year on the contract signed on 10 May 2025. The previous contract, from April 2024, was AED 70,000; the unit has been rented since February 2023.

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.

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Mortgage on 501, Viridis Residences D

Starts from the last sale price (AED 753K, 14 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 753,000
Deposit, UAE resident (20%)
AED 150,600
Deposit, non-resident (40%)
AED 301,200
Monthly over 25 years at 3.7%
AED 3,081

Plus AED 36,636 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →