1104, Vera Residences
Sold prices and rental history: sold once, by the developer in June 2019, and rented once, from January 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1104, Vera Residences
What is 1104 worth today?
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Source: Dubai Land Department. Updated 1 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 908 sqft
- Floor
- 11th of 28
- Parking
- P1-081
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 20,000 /yr
- Last sold
- AED 1.31M · June 2019
- Building
- Vera Residences
About 1104, Vera Residences
1104 is a two-bedroom apartment of 908 sqft on the 11th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 20 June 2019 for AED 1,312,000, or AED 1,445 per sqft, in line with the AED 1,435 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 January 2025. The current contract, signed on 1 January 2025, is AED 110,000 a year: a gross yield of 8.4% on the 2019 price, before the service charge of about AED 20,000 a year.
Sales and rents for 1104 over time
1104 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Vera Residences, and where 1104 sits
All 218 2-beds →1104 last sold in June 2019 at AED 1,445 per sqft, in line with what two-beds in Vera Residences were fetching at the time (AED 1,435). Over the last 12 months two-beds sold for AED 1,450,000 to 1,500,000, around AED 1,657 per sqft, and rent for AED 85,000 to 135,000 a year. 1104's AED 110,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 902 sqft | 1,450,000 | 1,608 | ||
| 10 Dec 202510 December 2025 | 899 sqft | 1,500,000 | 1,668 | ||
| 21 Jul 202521 July 2025 | 899 sqft | 1,500,000 | 1,668 | ||
| 8 Jul 20258 July 2025 | 900 sqft | 1,496,699 | 1,662 |
Vera Residences
Building522 apartments, studios to 2-bed over 28 floors in Business Bay, completed in 2022 by DAMAC. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,668
- Typical sale
- AED 1.45M
- Typical rent
- AED 85K /yr
- Typical yield
- 9.0%
Other units on the 11th floor
All 522 units in Vera Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 2-bed | 900 sqft | AED 1.2MAED 1,200,562 · May 2018May 2018 | 110,000 /yr | |
| 1102 | 2-bed | 890 sqft | AED 1.2MAED 1,204,555 · May 2018May 2018 | 110,000 /yr | |
| 1103 | 1-bed | 513 sqft | AED 975KAED 975,000 · Oct 2023October 2023 | ||
| 1105 | 2-bed | 905 sqft | AED 1.46MAED 1,462,291 · Nov 2024November 2024 | 118,000 /yr | |
| 1106 | 2-bed | 900 sqft | AED 1.4MAED 1,400,000 · Oct 2024October 2024 | 95,000 /yr | |
| 1107 | 2-bed | 902 sqft | AED 1.4MAED 1,400,000 · Nov 2024November 2024 | 116,000 /yr | |
| 1108 | 2-bed | 899 sqft | AED 1.2MAED 1,200,562 · Aug 2018August 2018 | 78,000 /yr | |
| 1109 | 2-bed | 908 sqft | AED 1.64MAED 1,637,000 · Jul 2023July 2023 | ||
| 1110 | 1-bed | 479 sqft | AED 863KAED 863,100 · Apr 2022April 2022 | 70,000 /yr | |
| 1111 | 477 sqft | AED 1.1MAED 1,100,000 · Sep 2025September 2025 | |||
| 1112 | 1-bed | 476 sqft | AED 627KAED 626,901 · Sep 2018September 2018 | 76,000 /yr | |
| 1113 | 485 sqft | AED 1.08MAED 1,075,000 · Aug 2025August 2025 | 65,000 /yr | ||
| 1114 | 1-bed | 479 sqft | AED 640KAED 640,211 · Sep 2018September 2018 | 58,000 /yr | |
| 1115 | 1-bed | 478 sqft | AED 640KAED 640,211 · May 2018May 2018 | 83,000 /yr | |
| 1116 | 1-bed | 475 sqft | AED 632KAED 632,225 · Feb 2018February 2018 | ||
| 1117 | 1-bed | 475 sqft | AED 632KAED 632,225 · Sep 2018September 2018 | 73,333 /yr | |
| 1118 | 475 sqft | AED 1.1MAED 1,100,000 · Sep 2025September 2025 | 75,000 /yr | ||
| 1119 | 475 sqft | AED 1.01MAED 1,010,000 · Aug 2025August 2025 | |||
| 1120 | 1-bed | 474 sqft | AED 910KAED 910,000 · Nov 2023November 2023 | ||
| 1121 | 2-bed | 905 sqft | AED 1.21MAED 1,205,886 · May 2018May 2018 | 105,000 /yr |
1104, Vera Residences in numbers
- Sold once: by DAMAC on 20 June 2019 for AED 1,312,000, or AED 1,445 per sqft.
- Rented since January 2025 on one Ejari contract, at AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2019 price is 8.4%, before a service charge of about AED 20,000 a year (AED 22.04 per sqft).
- Two-beds in Vera Residences sold for AED 1,450,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,668 per sqft.
Source: Dubai Land Department. Updated 1 January 2025.
Questions about 1104, Vera Residences
What did unit 1104 last sell for?
AED 1,312,000 on 20 June 2019, sold by the developer: AED 1,445 per sqft for 908 sqft. It is the only registered sale of the unit.
What is the rent for unit 1104?
AED 110,000 a year on the contract signed on 1 January 2025.
How big is unit 1104?
908 sqft (84.4 sqm): a two-bedroom apartment on the 11th floor of a 28-storey tower completed in 2022.
What is unit 1104 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Vera Residences sold for AED 1,450,000 to 1,500,000 in the last 12 months, around AED 1,657 per sqft.
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Mortgage on 1104, Vera Residences
Starts from the last sale price (AED 1.31M, 20 June 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,312,000
- Deposit, UAE resident (20%)
- AED 262,400
- Deposit, non-resident (40%)
- AED 524,800
- Monthly over 25 years at 3.7%
- AED 5,368
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →