2-bed · 890 sqftVera Residences, Business Bay · 22nd floor · completed 2022

2202, Vera Residences

Sold prices and rental history: sold once, by the developer in November 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2202 · DLD and Ejari recordsUpdated 10 October 2025
Last soldAED 1.26M10 November 2019
Current rentAED 105K /yr10 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2202, Vera Residences

What is 2202 worth today?

Last sold for AED 1,262,000 in 2019

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10 Oct 2025RentedNew contract
AED 105,000/yr12 months · AED 118 per sqft
10 Oct 2024RentedNew contract
AED 100,000/yr12 months · AED 112 per sqft
6 Oct 2022RentedNew contract
AED 90,000/yr12 months · AED 101 per sqft
10 Nov 2019Sold by developerOff-plan
AED 1,262,000AED 1,417 per sqft

Source: Dubai Land Department. Updated 10 October 2025.

Key facts

Type
2-bed apartment
Size
890 sqft
Floor
22nd of 28
Parking
P1-007
Developer
DAMAC
Completed
2022
Service charge
AED 19,600 /yr
Last sold
AED 1.26M · November 2019

About 2202, Vera Residences

2202 is a two-bedroom apartment of 890 sqft on the 22nd floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 10 November 2019 for AED 1,262,000, or AED 1,417 per sqft, in line with the AED 1,437 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 10 October 2025, is AED 105,000 a year: a gross yield of 8.3% on the 2019 price, before the service charge of about AED 19,600 a year.

Sales and rents for 2202 over time

Sales
Unit 2202, 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, November 2019: AED 1,262,000 (AED 1,417 per sqft)

2202 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2202, 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, October 2022: AED 90,000 a yearNew contract, October 2024: AED 100,000 a yearNew contract, October 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 2202 sits

All 218 2-beds →

2202 last sold in November 2019 at AED 1,417 per sqft, in line with what two-beds in Vera Residences were fetching at the time (AED 1,437). 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. 2202'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 22nd floor

All 522 units in Vera Residences
Value
22012-bedAED 1.8M · Apr 2024
22031-bedAED 1.12M · Jul 2025
22042-bedAED 1.27M · Nov 2019
22052-bedAED 1.2M · Jan 2023
22062-bedAED 1.5M · Jul 2025
22072-bedAED 1.45M · Jan 2026
22082-bedAED 1.49M · May 2025
1–7 of 20

2202, Vera Residences in numbers

  • Sold once: by DAMAC on 10 November 2019 for AED 1,262,000, or AED 1,417 per sqft.
  • Rented since October 2022 on 3 Ejari contracts, from AED 90,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2019 price is 8.3%, 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 10 October 2025.

Questions about 2202, Vera Residences

What did unit 2202 last sell for?

AED 1,262,000 on 10 November 2019, sold by the developer: AED 1,417 per sqft for 890 sqft. It is the only registered sale of the unit.

What is the rent for unit 2202?

AED 105,000 a year on the contract signed on 10 October 2025. The previous contract, from October 2024, was AED 100,000; the unit has been rented since October 2022.

How big is unit 2202?

890 sqft (82.7 sqm): a two-bedroom apartment on the 22nd floor of a 28-storey tower completed in 2022.

What is unit 2202 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 2202, Vera Residences

Starts from the last sale price (AED 1.26M, 10 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,262,000
Deposit, UAE resident (20%)
AED 252,400
Deposit, non-resident (40%)
AED 504,800
Monthly over 25 years at 3.7%
AED 5,163

Plus AED 58,014 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →