2-bed · 908 sqftVera Residences, Business Bay · 18th floor · completed 2022

1804, Vera Residences

Sold prices and rental history: sold once, by the developer in February 2018, and rented once, from April 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1804 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 1.24M5 February 2018
Current rentAED 105K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1804, Vera Residences

What is 1804 worth today?

Last sold for AED 1,244,000 in 2018

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1 Apr 2025RentedNew contract
AED 105,000/yr12 months · AED 116 per sqft
5 Feb 2018Sold by developerOff-plan
AED 1,244,000AED 1,370 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
2-bed apartment
Size
908 sqft
Floor
18th of 28
Parking
P1-044
Developer
DAMAC
Completed
2022
Service charge
AED 20,000 /yr
Last sold
AED 1.24M · February 2018

About 1804, Vera Residences

1804 is a two-bedroom apartment of 908 sqft on the 18th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 5 February 2018 for AED 1,244,000, or AED 1,370 per sqft, 3% above the AED 1,328 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 April 2025. The current contract, signed on 1 April 2025, is AED 105,000 a year: a gross yield of 8.4% on the 2018 price, before the service charge of about AED 20,000 a year.

Sales and rents for 1804 over time

Sales
Unit 1804, each saleTypical two-bed in Vera Residences
1.2M1.4M1.6M20182020202220242026Typical sale price by year: 2018 AED 1,233,000; 2019 AED 1,286,500; 2020 AED 1,200,562; 2021 AED 1,263,000; 2022 AED 1,409,800; 2023 AED 1,450,000; 2024 AED 1,500,000; 2025 AED 1,600,000Sold by developer, February 2018: AED 1,244,000 (AED 1,370 per sqft)

1804 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1804, each contractTypical two-bed in Vera Residences
90K100K110K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 99,875; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 110,000New contract, April 2025: AED 105,000 a year

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 1804 sits

All 218 2-beds →

1804 last sold in February 2018 at AED 1,370 per sqft, 3% above what two-beds in Vera Residences were fetching at the time (AED 1,328). 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. 1804's AED 105,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Jan 20261,450,000
10 Dec 20251,500,000
21 Jul 20251,500,000
8 Jul 20251,496,699
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 18th floor

All 522 units in Vera Residences
Value
18012-bedAED 1.19M · Feb 2018
18022-bedAED 1.19M · Feb 2018
18031-bedAED 779K · Feb 2018
18052-bedAED 1.45M · Jan 2024
18062-bedAED 1.28M · Feb 2019
18072-bedAED 1.15M · Feb 2018
18082-bedAED 1.15M · Feb 2018
1–7 of 20

1804, Vera Residences in numbers

  • Sold once: by DAMAC on 5 February 2018 for AED 1,244,000, or AED 1,370 per sqft.
  • Rented since April 2025 on one Ejari contract, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2018 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 April 2025.

Questions about 1804, Vera Residences

What did unit 1804 last sell for?

AED 1,244,000 on 5 February 2018, sold by the developer: AED 1,370 per sqft for 908 sqft. It is the only registered sale of the unit.

What is the rent for unit 1804?

AED 105,000 a year on the contract signed on 1 April 2025.

How big is unit 1804?

908 sqft (84.4 sqm): a two-bedroom apartment on the 18th floor of a 28-storey tower completed in 2022.

What is unit 1804 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 1804, Vera Residences

Starts from the last sale price (AED 1.24M, 5 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,244,000
Deposit, UAE resident (20%)
AED 248,800
Deposit, non-resident (40%)
AED 497,600
Monthly over 25 years at 3.7%
AED 5,090

Plus AED 57,258 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →