Studio · 429 sqftViridis Residences D, Damac Hills 2 · 5th floor · completed 2023

514A, Viridis Residences D

Sold prices and rental history: sold twice, last in June 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514A · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 340K11 June 2024
Current rentAED 34K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514A, Viridis Residences D

What is 514A worth today?

Last sold for AED 340,000 in 2024

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1 Nov 2024RentedNew contract
AED 34,000/yr12 months · AED 79 per sqft
16 Jun 2024RentedNew contract
AED 29,834/yr12 months · AED 69 per sqft
11 Jun 2024SoldReady
AED 340,000AED 791 per sqft
15 Apr 2018Sold by developerOff-plan
AED 530,000AED 1,234 per sqft

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

Key facts

Type
Studio apartment
Size
429 sqft
Floor
5th of 14
Parking
P1-52
Developer
DAMAC
Completed
2023
Service charge
AED 7,600 /yr
Last sold
AED 340K · June 2024

About 514A, Viridis Residences D

514A is a studio of 429 sqft on the 5th floor of Viridis Residences D, a 14-storey tower in Damac Hills 2 completed in 2023 by DAMAC. It last sold on 11 June 2024 for AED 340,000, or AED 791 per sqft, 11% below the AED 885 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 November 2024, is AED 34,000 a year: a gross yield of 10.0% on the 2024 price, before the service charge of about AED 7,600 a year.

Sales and rents for 514A over time

Sales
Unit 514A, 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, April 2018: AED 530,000 (AED 1,234 per sqft)Sold, June 2024: AED 340,000 (AED 791 per sqft)

514A has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 514A, 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, June 2024: AED 29,834 a yearNew contract, November 2024: AED 34,000 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 514A sits

All 150 studios →

514A last sold in June 2024 at AED 791 per sqft, 11% below what studios in Viridis Residences D were fetching at the time (AED 885). 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. 514A's AED 34,000 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
502StudioAED 643K · Apr 2016
503StudioAED 358K · Feb 2020
504StudioAED 471K · Jan 2016
505StudioAED 369K · Sep 2021
506StudioAED 450K · Feb 2026
507StudioAED 321K · Dec 2021
1–7 of 17

514A, Viridis Residences D in numbers

  • Sold twice: first on 15 April 2018 for AED 530,000, last on 11 June 2024 for AED 340,000 (AED 791 per sqft).
  • Rented since June 2024 on 2 Ejari contracts, from AED 29,834 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2024 price is 10.0%, before a service charge of about AED 7,600 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 1 November 2024.

Questions about 514A, Viridis Residences D

What did unit 514A last sell for?

AED 340,000 on 11 June 2024: AED 791 per sqft for 429 sqft. The unit has 2 registered sales; the first was AED 530,000 in April 2018.

What is the rent for unit 514A?

AED 34,000 a year on the contract signed on 1 November 2024. The previous contract, from June 2024, was AED 29,834.

How big is unit 514A?

429 sqft (39.9 sqm): a studio on the 5th floor of a 14-storey tower completed in 2023.

What is unit 514A 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 514A, Viridis Residences D

Starts from the last sale price (AED 340K, 11 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 340,000
Deposit, UAE resident (20%)
AED 68,000
Deposit, non-resident (40%)
AED 136,000
Monthly over 25 years at 3.7%
AED 1,391

Plus AED 17,190 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →