Viridis in Damac Hills 2 - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Viridis

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	38	10,984	420,000
1	74	9,407	700,000
2	102	9,267	947,500

Rents in Viridis

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	40	971	39,282
1	75	738	55,000

The cap rate (rental yield) of investments into Viridis project is 10.2% on average.

The price of an apartment in Viridis is 9,794 AED/sqm on average.

The long term rent of an apartment in Viridis is 929 AED/sqm/year on average.

Price for completed Studio apartment in Viridis is 420,000 AED or 10,984 AED/sqm.
Price for completed 1 bedroom apartment in Viridis is 700,000 AED or 9,407 AED/sqm.
Price for completed 2 bedroom apartment in Viridis is 947,500 AED or 9,267 AED/sqm.

Rent for Studio apartment in Viridis is 39,282 AED or 971 AED/sqm.
Rent for 1 bedroom apartment in Viridis is 55,000 AED or 738 AED/sqm.

About Viridis

'Viridis' in 'Damac Hills 2' area project description

Damac Hills (2) - Viridis is a residential development located in the heart of Dubai, UAE. The project is developed by Damac Properties, one of the leading real estate developers in the region. The project is located in the prestigious Dubailand area and offers luxurious living in a tranquil environment.

The project consists of two residential towers, each with its own unique design and features. The towers are connected by a podium which houses a range of amenities and facilities. The towers are designed to provide maximum comfort and convenience to its residents. The project offers a range of 1, 2 and 3 bedroom apartments, as well as duplexes and penthouses. All the apartments come with modern interiors and high-end finishes.

The project also offers a range of amenities and facilities to its residents. These include a swimming pool, a gym, a spa, a sauna, a jacuzzi and a children's play area. There is also a business centre, a retail area, a restaurant and a cafe. The project also has a 24-hour security system and CCTV cameras for added safety and security.

The project is located in close proximity to some of the major attractions in Dubai, such as the Dubai Mall, the Burj Khalifa and the Dubai Marina. It is also close to the Dubai International Airport and the Dubai Metro. The project is also close to some of the best schools, hospitals and shopping malls in the city.

Damac Hills (2) - Viridis is an ideal choice for those looking for a luxurious lifestyle in the heart of Dubai. The project offers a range of modern amenities and facilities, as well as convenient access to some of the major attractions in the city. The project is sure to be a great investment for those looking to buy property in Dubai.

Q&A on Viridis

What are the advantages of 'Viridis' project in Dubai for property buyers? What are the disadvantages?

1. Affordable Prices: Damac Hills (2) - Viridis offers attractive prices for real estate buyers, making it a great option for those looking for a budget-friendly property in Dubai.

2. Prime Location: The project is located in the heart of Dubai, offering easy access to key business and leisure destinations.

3. High-Quality Amenities: The project offers a range of high-quality amenities, including a swimming pool, gym, and landscaped gardens.

4. Excellent Investment Opportunity: Damac Hills (2) - Viridis is a great investment opportunity, as it is located in a rapidly developing area with potential for capital appreciation.

5. Security: The project offers a secure environment with 24-hour security, CCTV surveillance, and access control systems.

What projects are better than 'Viridis' project in Dubai which are located close by, and why?

Akoya Oxygen (Damac Hills 2) offers several compelling projects that you might find superior to the 'Viridis' project in terms of various factors:

1. AKOYA Fresh:
- Target Audience: Young, first-time homeowners.
- Unique Selling Points: Modern, minimalistic designs with bespoke living spaces.
- Location: Close to community facilities like parks and retail outlets.

2. Just Cavalli Villas:
- Design: Renowned designer Roberto Cavalli's unique touch.
- Luxury & Style: High-end finishes, distinctive architecture.
- Amenities: Access to exclusive services and recreational areas.

3. DAMAC Akoya Imagine 2.0:
- Lifestyle: Family-friendly with vibrant, colorful homes.
- Connectivity: Proximity to major road networks, ensuring easy commuting.
- Cost-Effective: Competitive pricing for the features offered.

4. DAMAC Hills 2 (Formerly Akoya Oxygen):
- Biodiversity: Sustainable, eco-friendly projects focusing on greenery and water features.
- Community: A wide range of amenities like gyms, schools, and shopping centers.
- Versatility: Variety of villas and townhouses catering to different budgets and preferences.

5. Akoya Play:
- Family-Centric: Specially designed for families with outdoor play areas and gardens.
- Safety & Accessibility: Gated community with 24/7 security and easy access to daily necessities.
- Inviting: Playful atmosphere with vibrant home designs.

Each of these projects offers unique features that may cater more precisely to specific preferences, such as luxury, design innovation, family-oriented facilities, or sustainability, potentially making them a better fit than the Viridis project depending on individual needs.

What are the closest schools to 'Viridis' project in Dubai?

- Jebel Ali School: Located in the nearby Damac Hills community, it offers a British curriculum.
- Fairgreen International School: Situated in The Sustainable City, it provides IB (International Baccalaureate) programs.
- The Royal Grammar School Guildford Dubai: Found in Tilal Al Ghaf, this school offers a British curriculum.
- CreaKids Nursery Damac Hills: Located within the Damac Hills community, it provides early childhood education.
- Dunecrest American School: Situated in Al Barari, it offers an American curriculum with IB options for high school students.

What are the closest medical clinics to 'Viridis' project in Dubai?

1. Aster Clinic
Location: The Ranches Souk, Arabian Ranches 2, Al Qudra Road, Dubai

2. Emirates Hospital Day Surgery & Medical Center
Location: Motor City, Detroit House Building, Dubai

3. Mediclinic Parkview Hospital
Location: Umm Suqeim Road, Al Barsha South, Dubai

4. Prime Medical Center
Location: Arabian Ranches 2, Retail Center, Al Qudra Road, Dubai