Viridis Residences, DAMAC Hills 2
Viridis Residences (marketed as Viridis Residence and Hotel Apartments) is a four-tower complex in DAMAC Hills 2, Dubai, developed by DAMAC Properties. Towers A and B operate as hotel and serviced-apartment units under NAIA Hotels & Resorts management, while Towers C and D are purely private residential apartments offering studios and one- to two-bedroom layouts. Each tower rises to roughly 15 levels (G+14). This guide covers Viridis Residences' developer, unit types, pricing and honest Airbnb income potential for the residential towers, with a fee starting from 15% if you choose to have Royale Stays manage the listing.
Developer
DAMAC Properties
Towers
4 (A, B hotel/serviced; C, D residential)
Height
G+14 (15 levels) per tower
Location
DAMAC Hills 2 (Akoya Oxygen), Dubailand
About Viridis Residences
Viridis Residences is a four-tower residential and hospitality complex in DAMAC Hills 2 (formerly Akoya Oxygen), developed by DAMAC Properties. The complex splits into two building types under one project name: Towers A and B are hotel and serviced-apartment units operated by NAIA Hotels & Resorts, totalling around 370 units, while Towers C and D are purely private residential apartments, totalling around 256 units. Each tower stands at G+14, roughly 15 levels including the ground floor.
Developer, the four-tower structure and the 370 hotel-unit versus 256 residential-unit split under NAIA Hotels & Resorts management are cross-confirmed via Metropolitan Premium Properties' Viridis project pages, UAE Offplan's Viridis property page, and Dxbproperties.ae's Virdis project page. Which specific letters (A/B vs C/D) carry the hotel versus residential designation shows a minor cross-source variance; this guide follows the two sources that name specific letters (Metropolitan Premium Properties and famproperties.com's Viridis service-charge page), both of which agree Towers C and D are the residential component. Tower height (G+14, roughly 15 levels) is confirmed via Metropolitan Premium Properties, Dxbproperties.ae and Tanami Properties' Viridis floor-plan page, consistent with the queue's own on-file 15-storey figure.
Location & Nearby Landmarks
Viridis Residences sits within DAMAC Hills 2, a DAMAC Properties master community in Dubailand spanning roughly 42 million square feet, between Jebel Ali-Lehbab Road (E77) and Al Ain-Dubai Road (E66), with Emirates Road also nearby. The community is genuinely car-dependent, with no Metro station of its own.
For the wider DAMAC Hills 2 community, including Malibu Beach's man-made lagoon, lazy river and wave pool, Sports Town, Motor Town and the community's equestrian park, see Royale Stays' Airbnb management guide to DAMAC Hills 2, which also covers the community's villa clusters. Viridis Residences is currently the only apartment-type building in this community with its own dedicated Royale Stays guide.
Unit Types
Towers C and D, the purely residential towers, offer studios and one- to two-bedroom apartments, with sizes ranging from roughly 404 to 759 sq ft depending on layout. Towers A and B, the hotel and serviced-apartment component managed by NAIA Hotels & Resorts, are marketed separately from the residential unit types and are not covered by this guide's Airbnb management framing.
Sources: Bayut's Viridis Residence and Hotel Apartments area-guide copy (studios plus 1 to 2-bedroom apartments, 404 to 759 sq ft), PropertyFinder's studio listings page for Viridis, and the aggregated Dxbproperties.ae/UAE Offplan project pages. One earlier, less specific source mentioned a 3-bedroom unit type; since every source naming a specific range independently caps at 2-bedroom, studio-to-2-bedroom is used here.
Amenities
Shared amenities across Viridis Residences include a swimming pool, gymnasium, sauna and steam room, children's play areas and sand pits, a landscaped park with playgrounds, covered parking and 24-hour security. The hotel-managed towers additionally offer 24-hour concierge service.
Transportation & Access
Viridis Residences is reached via Jebel Ali-Lehbab Road (E77) and Al Ain-Dubai Road (E66), with Emirates Road also close by. There is no Metro or tram station within walking distance, so a car, whether owned, taxi or ride-hailing, is the practical way to reach the complex, the same access pattern already documented for DAMAC Hills 2's villa clusters.
Rental & Price Trends
Dubai Land Department transaction data puts the average sale price at Viridis Residences at roughly AED 495,439. This is broadly consistent with current live listings: PropertyFinder shows studio asking prices starting from around AED 430,000 to 450,000 with an average studio selling price around AED 540,000, and a recent Provident Estate studio listing was priced at AED 499,999, close to the DLD average. PropertyFinder's overall property average (all unit types) runs higher, around AED 768,000.
Sources: the queue's own on-file DLD transaction figure (AED 495,439), PropertyFinder's live studio and overall-property listings pages for Viridis Residences, and a Provident Estate studio listing (AED 499,999). The asking-price and DLD-transaction figures are consistent with normal current-listing-versus-sold-transaction variance rather than a data conflict, so both are disclosed rather than collapsed into one number.
Airbnb & Short-Term Rental Income Potential
Towers C and D are purely residential apartment stock, the building type Royale Stays already manages elsewhere in Dubai. DAMAC Properties is a private developer rather than a restricted hotel brand, and the towers' residential component is not managed by Vida (Vida Hotels and Resorts), the only hotel-management brand confirmed to strictly prohibit short-term letting, so there is no confirmed policy barrier to running a licensed Dubai holiday home in Towers C or D. Towers A and B, the NAIA Hotels & Resorts-managed hotel component, are not covered by this guide's Airbnb management framing.
Every short-term rental in Dubai requires a DTCM holiday home permit. In a serviced-apartment or hotel-adjacent building like Viridis Residences, the permit is typically arranged through the building's own management company once Royale Stays reaches out directly, rather than a standalone owner DTCM application. Royale Stays can manage the listing itself, covering furnishing, photography, pricing, check-in and guest communications, for a fee starting from 15%. See Royale Stays' Dubai holiday home permit guide for the current permit process.
Questions