1-bed · 476 sqftVera Residences, Business Bay · 21st floor · completed 2022

2112, Vera Residences

Sold prices and rental history: sold twice, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2112 · DLD and Ejari recordsUpdated 7 November 2022
Last soldAED 730K7 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2112, Vera Residences

What is 2112 worth today?

Last sold for AED 730,000 in 2022

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7 Nov 2022SoldReady
AED 730,000AED 1,533 per sqft
1 May 2018Sold by developerOff-plan
AED 738,000AED 1,550 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 November 2022.

Key facts

Type
1-bed apartment
Size
476 sqft
Floor
21st of 28
Parking
P3-023
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 730K · November 2022

About 2112, Vera Residences

2112 is a one-bedroom apartment of 476 sqft on the 21st floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 7 November 2022 for AED 730,000, or AED 1,533 per sqft, 15% below the AED 1,801 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2112 over time

Sales
Unit 2112, each saleTypical one-bed in Vera Residences
800K1M20182020202220242026Typical sale price by year: 2018 AED 753,000; 2019 AED 741,560; 2022 AED 856,489; 2023 AED 900,000; 2024 AED 1,087,500; 2025 AED 1,090,000Sold by developer, May 2018: AED 738,000 (AED 1,550 per sqft)Sold, November 2022: AED 730,000 (AED 1,533 per sqft)

2112 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2112, each contractTypical one-bed in Vera Residences
70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 80,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Vera Residences, and where 2112 sits

All 283 1-beds →

2112 last sold in November 2022 at AED 1,533 per sqft, 15% below what one-beds in Vera Residences were fetching at the time (AED 1,801). Over the last 12 months one-beds sold for AED 1,050,000 to 1,200,000, around AED 2,346 per sqft, and rent for AED 29,219 to 125,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Dec 20251,050,000
9 Jul 20251,180,000
4 Jul 20251,120,000
3 Jul 20251,100,000
2 1-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 21st floor

All 522 units in Vera Residences
Value
21012-bedAED 1.17M · Feb 2018
21022-bedAED 1.18M · Dec 2018
21031-bedAED 766K · Nov 2019
21042-bedAED 1.18M · Feb 2018
21052-bedAED 1.18M · Feb 2018
21062-bedAED 1.17M · Feb 2018
21072-bedAED 1.17M · Feb 2018
1–7 of 20

2112, Vera Residences in numbers

  • Sold twice: first on 1 May 2018 for AED 738,000, last on 7 November 2022 for AED 730,000 (AED 1,533 per sqft).
  • One-beds in Vera Residences sold for AED 1,050,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,668 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 7 November 2022.

Questions about 2112, Vera Residences

What did unit 2112 last sell for?

AED 730,000 on 7 November 2022: AED 1,533 per sqft for 476 sqft. The unit has 2 registered sales; the first was AED 738,000 in May 2018.

How big is unit 2112?

476 sqft (44.2 sqm): a one-bedroom apartment on the 21st floor of a 28-storey tower completed in 2022.

What is unit 2112 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Vera Residences sold for AED 1,050,000 to 1,200,000 in the last 12 months, around AED 2,346 per sqft.

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Mortgage on 2112, Vera Residences

Starts from the last sale price (AED 730K, 7 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

Plus AED 35,670 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →