2-bed · 908 sqftVera Residences, Business Bay · 17th floor · completed 2022

1709, Vera Residences

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold 4 times, last in November 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1709 · DLD and Ejari recordsUpdated 2 July 2025

Last soldAED 1.55M20 November 2023

Current rentAED 125K /yr2 July 2025

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Today's valuefree after one verification

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Property timeline for 1709, Vera Residences

Today

What is 1709 worth today?

Last sold for AED 1,550,000 in 2023

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2 Jul 2025

2 Jul 2025RentedRenewal

AED 125,000/yr12 months · AED 138 per sqft

2 Jul 2024

2 Jul 2024RentedNew contract

AED 115,000/yr12 months · AED 127 per sqft

20 Nov 2023

20 Nov 2023SoldReady

AED 1,550,000AED 1,706 per sqft

1 Jul 2022

1 Jul 2022SoldReady

AED 1,400,000AED 1,541 per sqft

3 Jun 2022

3 Jun 2022SoldOff-plan

AED 1,050,000AED 1,156 per sqft

18 Feb 2018

18 Feb 2018Sold by developerOff-plan

AED 1,208,000AED 1,330 per sqft

Source: Dubai Land Department. Updated 2 July 2025.

Key facts

Type: 2-bed apartment
Size: 908 sqft
Floor: 17th of 28
Parking: P1-056
Developer: DAMAC
Completed: 2022
Service charge: AED 20,000 /yr
Last sold: AED 1.55M · November 2023
Building: Vera Residences

About 1709, Vera Residences

1709 is a two-bedroom apartment of 908 sqft on the 17th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 20 November 2023 for AED 1,550,000, or AED 1,706 per sqft, 9% above the AED 1,567 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 2 July 2025, is AED 125,000 a year: a gross yield of 8.1% on the 2023 price, before the service charge of about AED 20,000 a year.

Sales and rents for 1709 over time

Sales

Unit 1709, each saleTypical two-bed in Vera Residences

1709 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1709, each contractTypical two-bed in Vera Residences

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 1709 sits

All 218 2-beds →

2-beds in Vera Residences · last 12 months1,657 /sqft Vera Residences · all types1,668 /sqft

1709 last sold in November 2023 at AED 1,706 per sqft, 9% above what two-beds in Vera Residences were fetching at the time (AED 1,567). 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. 1709's AED 125,000 is in the upper half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
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

3 2-bed sales in the last 12 months

Vera Residences

Building

522 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%

Vera Residences, Business Bay: prices, sales and rents →

Other units on the 17th floor

All 522 units in Vera Residences


1701	2-bed	900 sqft	AED 1.24MAED 1,236,000 · Feb 2018February 2018	94,475 /yr
1702	2-bed	890 sqft	AED 1.24MAED 1,240,000 · Mar 2018March 2018	120,000 /yr
1703	1-bed	473 sqft	AED 724KAED 723,840 · Feb 2018February 2018	71,613 /yr
1704	2-bed	908 sqft	AED 1.19MAED 1,193,280 · Feb 2018February 2018	113,000 /yr
1705	2-bed	905 sqft	AED 1.16MAED 1,159,680 · Feb 2018February 2018	90,000 /yr
1706	2-bed	900 sqft	AED 1.15MAED 1,152,000 · Feb 2018February 2018	90,000 /yr
1707	2-bed	902 sqft	AED 1.53MAED 1,530,000 · Jan 2024January 2024	127,000 /yr
1708	2-bed	899 sqft	AED 1.5MAED 1,500,000 · Jul 2025July 2025
1710	1-bed	479 sqft	AED 706KAED 705,600 · Feb 2018February 2018	151,948 /yr
1711	1-bed	477 sqft	AED 698KAED 697,920 · Feb 2018February 2018	71,400 /yr
1712	1-bed	476 sqft	AED 900KAED 900,000 · Sep 2023September 2023	73,000 /yr
1713	1-bed	475 sqft	AED 730KAED 730,000 · Apr 2018April 2018	70,000 /yr
1714	1-bed	485 sqft	AED 1.1MAED 1,100,000 · Mar 2024March 2024	75,000 /yr
1715	1-bed	478 sqft	AED 765KAED 765,000 · Feb 2018February 2018	79,000 /yr
1716	1-bed	475 sqft	AED 756KAED 756,000 · Apr 2018April 2018	81,105 /yr
1717	1-bed	475 sqft	AED 800KAED 800,000 · Mar 2023March 2023	82,000 /yr
1718	1-bed	475 sqft	AED 726KAED 725,760 · Feb 2018February 2018	73,500 /yr
1719	1-bed	475 sqft	AED 726KAED 725,760 · Feb 2018February 2018	71,400 /yr
1720	1-bed	474 sqft	AED 726KAED 725,760 · Feb 2018February 2018	78,750 /yr
1721	2-bed	905 sqft	AED 1.19MAED 1,192,320 · Feb 2018February 2018	113,000 /yr

1–7 of 20

1709, Vera Residences in numbers

Sold 4 times: first on 18 February 2018 for AED 1,208,000, last on 20 November 2023 for AED 1,550,000 (AED 1,706 per sqft).
Rented since July 2024 on 2 Ejari contracts, from AED 115,000 to AED 125,000 a year.
At AED 125,000 a year the gross yield on the 2023 price is 8.1%, 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 2 July 2025.

Questions about 1709, Vera Residences

What did unit 1709 last sell for?

AED 1,550,000 on 20 November 2023: AED 1,706 per sqft for 908 sqft. The unit has 4 registered sales; the first was AED 1,208,000 in February 2018.

What is the rent for unit 1709?

AED 125,000 a year on the contract renewed on 2 July 2025. The previous contract, from July 2024, was AED 115,000.

How big is unit 1709?

908 sqft (84.4 sqm): a two-bedroom apartment on the 17th floor of a 28-storey tower completed in 2022.

What is unit 1709 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 1709, Vera Residences

Starts from the last sale price (AED 1.55M, 20 November 2023). Switch to today's estimate once you have unlocked it.

Price: AED 1,550,000
Deposit, UAE resident (20%): AED 310,000
Deposit, non-resident (40%): AED 620,000
Monthly over 25 years at 3.7%: AED 6,342

Plus AED 70,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →