476 sqftVera Residences, Business Bay · 20th floor · completed 2022

2012, Vera Residences

Sold prices and rental history: sold twice, last in August 2025, and rented once, from December 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2012 · DLD and Ejari recordsUpdated 18 August 2025
Last soldAED 1.1M18 August 2025
Current rentAED 65K /yr23 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2012, Vera Residences

What is 2012 worth today?

Last sold for AED 1,100,000 in 2025

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18 Aug 2025SoldReady
AED 1,100,000AED 2,311 per sqft
23 Dec 2022RentedNew contract
AED 65,000/yr12 months · AED 137 per sqft
5 Feb 2018Sold by developerOff-plan
AED 737,000AED 1,548 per sqft

Source: Dubai Land Department. Updated 18 August 2025.

Key facts

Type
Apartment
Size
476 sqft
Floor
20th of 28
Parking
P3-035
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 1.1M · August 2025

About 2012, Vera Residences

2012 is an apartment of 476 sqft on the 20th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 18 August 2025 for AED 1,100,000, or AED 2,311 per sqft.

One Ejari contract is registered, from 23 December 2022. The current contract, signed on 23 December 2022, is AED 65,000 a year: a gross yield of 5.9% on the 2025 price, before the service charge of about AED 10,500 a year.

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 20th floor

All 522 units in Vera Residences
Value
20012-bedAED 1.33M · Jul 2018
20022-bedAED 1.26M · Feb 2018
20031-bedAED 400K · Nov 2019
20042-bedAED 750K · Mar 2020
20052-bedAED 1.33M · May 2018
20062-bedAED 1.5M · Jul 2024
2007AED 1.5M · Oct 2025
1–7 of 20

2012, Vera Residences in numbers

  • Sold twice: first on 5 February 2018 for AED 737,000, last on 18 August 2025 for AED 1,100,000 (AED 2,311 per sqft).
  • Rented since December 2022 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2025 price is 5.9%, before a service charge of about AED 10,500 a year (AED 22.04 per sqft).

Source: Dubai Land Department. Updated 18 August 2025.

Questions about 2012, Vera Residences

What did unit 2012 last sell for?

AED 1,100,000 on 18 August 2025: AED 2,311 per sqft for 476 sqft. The unit has 2 registered sales; the first was AED 737,000 in February 2018.

What is the rent for unit 2012?

AED 65,000 a year on the contract signed on 23 December 2022.

How big is unit 2012?

476 sqft (44.2 sqm): an apartment on the 20th floor of a 28-storey tower completed in 2022.

What is unit 2012 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 2012, Vera Residences

Starts from the last sale price (AED 1.1M, 18 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →