2-bed · 890 sqftVera Residences, Business Bay · 19th floor · completed 2022

1902, Vera Residences

Sold prices and rental history: sold twice, last in October 2023, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1902 · DLD and Ejari recordsUpdated 17 September 2025
Last soldAED 2.04M4 October 2023
Current rentAED 96K /yr17 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1902, Vera Residences

What is 1902 worth today?

Last sold for AED 2,041,000 in 2023

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17 Sep 2025RentedNew contract
AED 96,257/yr12 months · AED 108 per sqft
4 Oct 2023SoldReady
AED 2,041,000AED 2,292 per sqft
4 Sep 2018Sold by developerOff-plan
AED 1,229,580AED 1,380 per sqft

Source: Dubai Land Department. Updated 17 September 2025.

Key facts

Type
2-bed apartment
Size
890 sqft
Floor
19th of 28
Parking
P1-034
Developer
DAMAC
Completed
2022
Service charge
AED 19,600 /yr
Last sold
AED 2.04M · October 2023

About 1902, Vera Residences

1902 is a two-bedroom apartment of 890 sqft on the 19th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 4 October 2023 for AED 2,041,000, or AED 2,292 per sqft, 50% above the AED 1,525 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 17 September 2025. The current contract, signed on 17 September 2025, is AED 96,257 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 19,600 a year.

Sales and rents for 1902 over time

Sales
Unit 1902, each saleTypical two-bed in Vera Residences
1.5M2M20182020202220242026Typical 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, September 2018: AED 1,229,580 (AED 1,380 per sqft)Sold, October 2023: AED 2,041,000 (AED 2,292 per sqft)

1902 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1902, 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, September 2025: AED 96,257 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 1902 sits

All 218 2-beds →

1902 last sold in October 2023 at AED 2,292 per sqft, 50% above what two-beds in Vera Residences were fetching at the time (AED 1,525). 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. 1902's AED 96,257 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 19th floor

All 522 units in Vera Residences
Value
19012-bedAED 1.32M · Jun 2018
19031-bedAED 1.25M · Dec 2024
19042-bedAED 1.55M · Oct 2023
19052-bedAED 1.86M · Feb 2025
19062-bedAED 1.15M · Feb 2018
19072-bedAED 1.19M · Jul 2018
19082-bedAED 1.2M · Feb 2018
1–7 of 20

1902, Vera Residences in numbers

  • Sold twice: first on 4 September 2018 for AED 1,229,580, last on 4 October 2023 for AED 2,041,000 (AED 2,292 per sqft).
  • Rented since September 2025 on one Ejari contract, at AED 96,257 a year.
  • At AED 96,257 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 19,600 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 17 September 2025.

Questions about 1902, Vera Residences

What did unit 1902 last sell for?

AED 2,041,000 on 4 October 2023: AED 2,292 per sqft for 890 sqft. The unit has 2 registered sales; the first was AED 1,229,580 in September 2018.

What is the rent for unit 1902?

AED 96,257 a year on the contract signed on 17 September 2025.

How big is unit 1902?

890 sqft (82.7 sqm): a two-bedroom apartment on the 19th floor of a 28-storey tower completed in 2022.

What is unit 1902 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 1902, Vera Residences

Starts from the last sale price (AED 2.04M, 4 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,041,000
Deposit, UAE resident (20%)
AED 408,200
Deposit, non-resident (40%)
AED 816,400
Monthly over 25 years at 3.7%
AED 8,350

Plus AED 90,732 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →