Studio · 557 sqftViridis Residences D, Damac Hills 2 · 5th floor · completed 2023

502, Viridis Residences D

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

Unit 502 · DLD and Ejari recordsUpdated 26 August 2025
Last soldAED 643K7 April 2016
Current rentAED 40K /yr26 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Viridis Residences D

What is 502 worth today?

Last sold for AED 642,960 in 2016

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26 Aug 2025RentedNew contract
AED 40,000/yr12 months · AED 71 per sqft
20 May 2024RentedRenewal
AED 27,000/yr12 months · AED 48 per sqft
20 May 2023RentedNew contract
AED 27,000/yr12 months · AED 48 per sqft
15 May 2022RentedNew contract
AED 22,000/yr12 months · AED 39 per sqft
7 Apr 2016Sold by developerOff-plan
AED 642,960AED 1,153 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 August 2025.

Key facts

Type
Studio apartment
Size
557 sqft
Floor
5th of 14
Parking
P1-75
Developer
DAMAC
Completed
2023
Service charge
AED 9,900 /yr
Last sold
AED 643K · April 2016

About 502, Viridis Residences D

502 is a studio of 557 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 7 April 2016 for AED 642,960, or AED 1,153 per sqft, in line with the AED 1,145 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 26 August 2025, is AED 40,000 a year: a gross yield of 6.2% on the 2016 price, before the service charge of about AED 9,900 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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, April 2016: AED 642,960 (AED 1,153 per sqft)

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

Rents
Unit 502, 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, May 2022: AED 22,000 a yearNew contract, May 2023: AED 27,000 a yearRenewal, May 2024: AED 27,000 a yearNew contract, August 2025: AED 40,000 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 502 sits

All 150 studios →

502 last sold in April 2016 at AED 1,153 per sqft, in line with what studios in Viridis Residences D were fetching at the time (AED 1,145). 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. 502's AED 40,000 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 5th floor

All 214 units in Viridis Residences D
Value
5012-bedAED 753K · Nov 2022
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

502, Viridis Residences D in numbers

  • Sold once: by DAMAC on 7 April 2016 for AED 642,960, or AED 1,153 per sqft.
  • Rented since May 2022 on 4 Ejari contracts, from AED 22,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2016 price is 6.2%, 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: YallaValue analysis of Dubai Land Department records. Updated 26 August 2025.

Questions about 502, Viridis Residences D

What did unit 502 last sell for?

AED 642,960 on 7 April 2016, sold by the developer: AED 1,153 per sqft for 557 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 40,000 a year on the contract signed on 26 August 2025. The previous contract, from May 2024, was AED 27,000; the unit has been rented since May 2022.

How big is unit 502?

557 sqft (51.7 sqm): a studio on the 5th floor of a 14-storey tower completed in 2023.

What is unit 502 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 502, Viridis Residences D

Starts from the last sale price (AED 643K, 7 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 642,960
Deposit, UAE resident (20%)
AED 128,592
Deposit, non-resident (40%)
AED 257,184
Monthly over 25 years at 3.7%
AED 2,631

Plus AED 32,014 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →