1-bed · 475 sqftVera Residences, Business Bay · 21st floor · completed 2022

2117, 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 twice, last in July 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 2117 · DLD and Ejari recordsUpdated 13 July 2023

Last soldAED 1.05M13 July 2023

Current rentAED 65K /yr8 February 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 2117, Vera Residences

Today

What is 2117 worth today?

Last sold for AED 1,050,000 in 2023

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13 Jul 2023

13 Jul 2023SoldReady

AED 1,050,000AED 2,211 per sqft

8 Feb 2023

8 Feb 2023RentedNew contract

AED 65,000/yr12 months · AED 137 per sqft

12 Sep 2022

12 Sep 2022RentedNew contract

AED 65,000/yr12 months · AED 137 per sqft

12 Feb 2018

12 Feb 2018Sold by developerOff-plan

AED 768,000AED 1,617 per sqft

Source: Dubai Land Department. Updated 13 July 2023.

Key facts

Type: 1-bed apartment
Size: 475 sqft
Floor: 21st of 28
Parking: P3-028
Developer: DAMAC
Completed: 2022
Service charge: AED 10,500 /yr
Last sold: AED 1.05M · July 2023
Building: Vera Residences

About 2117, Vera Residences

2117 is a one-bedroom apartment of 475 sqft on the 21st floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 13 July 2023 for AED 1,050,000, or AED 2,211 per sqft, 27% above the AED 1,744 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 8 February 2023, is AED 65,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 10,500 a year.

Sales and rents for 2117 over time

Sales

Unit 2117, each saleTypical one-bed in Vera Residences

2117 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents

Unit 2117, each contractTypical one-bed in Vera Residences

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 2117 sits

All 283 1-beds →

1-beds in Vera Residences · last 12 months2,346 /sqft Vera Residences · all types1,668 /sqft

2117 last sold in July 2023 at AED 2,211 per sqft, 27% above what one-beds in Vera Residences were fetching at the time (AED 1,744). 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. 2117's AED 65,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
18 Dec 202518 December 2025	485 sqft	1,050,000	2,164
9 Jul 20259 July 2025	475 sqft	1,180,000	2,485
4 Jul 20254 July 2025	513 sqft	1,120,000	2,184
3 Jul 20253 July 2025	511 sqft	1,100,000	2,151

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


2101	2-bed	900 sqft	AED 1.17MAED 1,172,600 · Feb 2018February 2018	120,000 /yr
2102	2-bed	890 sqft	AED 1.18MAED 1,176,500 · Dec 2018December 2018	110,000 /yr
2103	1-bed	473 sqft	AED 766KAED 766,000 · Nov 2019November 2019	85,000 /yr
2104	2-bed	908 sqft	AED 1.18MAED 1,179,100 · Feb 2018February 2018	110,000 /yr
2105	2-bed	905 sqft	AED 1.18MAED 1,180,400 · Feb 2018February 2018	110,000 /yr
2106	2-bed	900 sqft	AED 1.17MAED 1,172,600 · Feb 2018February 2018	110,000 /yr
2107	2-bed	902 sqft	AED 1.17MAED 1,172,600 · Feb 2018February 2018	105,000 /yr
2108	2-bed	899 sqft	AED 1.17MAED 1,172,600 · Feb 2018February 2018	110,000 /yr
2109	2-bed	908 sqft	AED 1.23MAED 1,229,000 · Feb 2018February 2018	105,000 /yr
2110	1-bed	479 sqft	AED 747KAED 747,000 · Apr 2018April 2018	82,000 /yr
2111	1-bed	477 sqft	AED 740KAED 740,000 · Mar 2018March 2018	80,000 /yr
2112	1-bed	476 sqft	AED 730KAED 730,000 · Nov 2022November 2022
2113	1-bed	475 sqft	AED 743KAED 743,000 · Feb 2018February 2018
2114	1-bed	485 sqft	AED 1.15MAED 1,150,000 · Nov 2024November 2024
2115	1-bed	478 sqft	AED 778KAED 778,000 · Sep 2018September 2018
2116	1-bed	475 sqft	AED 768KAED 768,000 · Feb 2018February 2018	70,000 /yr
2118	1-bed	475 sqft	AED 768KAED 768,000 · Feb 2018February 2018	94,800 /yr
2119	1-bed	475 sqft	AED 768KAED 768,000 · Apr 2018April 2018	85,000 /yr
2120	1-bed	474 sqft	AED 1.23MAED 1,230,000 · Mar 2025March 2025	90,000 /yr
2121	2-bed	905 sqft	AED 2.04MAED 2,038,940 · Oct 2023October 2023	110,000 /yr

1–7 of 20

2117, Vera Residences in numbers

Sold twice: first on 12 February 2018 for AED 768,000, last on 13 July 2023 for AED 1,050,000 (AED 2,211 per sqft).
Rented since September 2022 on 2 Ejari contracts, at AED 65,000 a year.
At AED 65,000 a year the gross yield on the 2023 price is 6.2%, before a service charge of about AED 10,500 a year (AED 22.04 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: Dubai Land Department. Updated 13 July 2023.

Questions about 2117, Vera Residences

What did unit 2117 last sell for?

AED 1,050,000 on 13 July 2023: AED 2,211 per sqft for 475 sqft. The unit has 2 registered sales; the first was AED 768,000 in February 2018.

What is the rent for unit 2117?

AED 65,000 a year on the contract signed on 8 February 2023. The previous contract, from September 2022, was AED 65,000.

How big is unit 2117?

475 sqft (44.1 sqm): a one-bedroom apartment on the 21st floor of a 28-storey tower completed in 2022.

What is unit 2117 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 2117, Vera Residences

Starts from the last sale price (AED 1.05M, 13 July 2023). Switch to today's estimate once you have unlocked it.

Price: AED 1,050,000
Deposit, UAE resident (20%): AED 210,000
Deposit, non-resident (40%): AED 420,000
Monthly over 25 years at 3.7%: AED 4,296

Plus AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →