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Viridis C

A studio in Viridis C costs a median AED 417,500 and rents long-let for AED 38,000/yr (8.64% gross) — +0.0 pts vs Damac Hills 2's 8.64% and +1.7 pts vs Dubai's 6.97% — from 38 sales and 249 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · Studio
16 in 12 months
Rental contracts · Studio
116 in 12 months
Buy
417,500AED
AED 1,035/sqft
Long-let
8.64%
AED 38,000/yr

Price per sqft: Median of 16 registered sales of ready units in the last 12 months, most recent June 2026.

Priced off the last 5 sales — most recent June 2026.

Yield spread
+0.0 pts
vs the Damac Hills 2 median for this unit type
Turnover upside
+18.8%
new tenants pay more than sitting ones — 179 renewals
AED/yr/sqft
AED 89
Sales
38
Rental contracts
249
Renewal rent
AED 32,000/yr
12 months
+9.9%
3 years
+29.6%+9.0%/yr
5 years
+27.6%+5.0%/yr

Based on 38 sales and 249 rental contracts in the last 24 months. Rental data covers the whole DAMAC Hills (2) - Viridis project, not this tower alone.

Viridis C is an apartment building in Damac Hills 2, Dubai, one of the towers in the DAMAC Hills (2) - Viridis development. Land Department records for it run from 2015 to 2026, 588 registered sales in all — the 38 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 417,5009848.64%
+0.0 pts
+9.9%38
1 bedAED 665,0008828.33%
+0.2 pts
+1.1%17
2 bedAED 860,0007857.53%
+0.0 pts
+17.0%9

Deltas compare each yield with the Damac Hills 2 median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Viridis C

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
1 bed500m7581.01AED 174,387AED 55,0003.2×26.22%3+

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Viridis C itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Viridis C between 2015 and 2022 went for a median of AED 983/sqft (AED 462,500). The same building resells today at AED 918/sqft (AED 470,000) — an uplift of +1.6%.

Based on 144 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

29 resales in the last 12 months, against 38 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
23 Jun 2026Studio435AED 440,0001,012

1 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Compare with nearby buildings

The most-traded buildings in DAMAC Hills (2) - Viridis, on the same figures over the same window.

Common questions

What is the rental yield in Viridis C?
Viridis C returns 8.64% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 249 rental contracts registered in the last 24 months.
How much does a studio in Viridis C cost?
The median registered sale price is AED 417,500 (984 AED/sqft), from 38 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Viridis C selling for right now?
Registered sales of ready units in Viridis C over the last 12 months have a median of 1,035 AED/sqft, across 16 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Viridis C risen or fallen?
Median price per square foot moved +9.9% over the last 12 months against the 12 before it, on 38 registered sales. On a sample this size, read the direction rather than the exact figure.
Do new tenants in Viridis C pay more than sitting ones?
A new tenant pays +18.8% against a renewing one, across 179 renewal contracts in the last 24 months. Renewals are capped by RERA and sit below market, so a wide gap means rent that is below market until the unit changes hands.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Viridis C sale record

Record type
Building-level property market record
Data date
Evidence base
38 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/sale/apartments/dubai/damac-hills-2/viridis-c
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Viridis C sale prices and yield.” Damac Hills 2, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/damac-hills-2/viridis-c.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.