2-bed · 901 sqftVera Residences, Business Bay · 23rd floor · completed 2022

2306, 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 once, by the developer in April 2018, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2306 · DLD and Ejari recordsUpdated 15 August 2024

Last soldAED 1.32M9 April 2018

Current rentAED 116K /yr15 August 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 2306, Vera Residences

Today

What is 2306 worth today?

Last sold for AED 1,323,000 in 2018

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15 Aug 2024

15 Aug 2024RentedNew contract

AED 116,000/yr12 months · AED 128 per sqft

9 Apr 2018

9 Apr 2018Sold by developerOff-plan

AED 1,323,000AED 1,468 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.

Key facts

Type: 2-bed apartment
Size: 901 sqft
Floor: 23rd of 28
Parking: P1-005
Developer: DAMAC
Completed: 2022
Service charge: AED 19,900 /yr
Last sold: AED 1.32M · April 2018
Building: Vera Residences

About 2306, Vera Residences

2306 is a two-bedroom apartment of 901 sqft on the 23rd floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 9 April 2018 for AED 1,323,000, or AED 1,468 per sqft, 10% above the AED 1,340 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 August 2024. The current contract, signed on 15 August 2024, is AED 116,000 a year: a gross yield of 8.8% on the 2018 price, before the service charge of about AED 19,900 a year.

Sales and rents for 2306 over time

Sales

Unit 2306, each saleTypical two-bed in Vera Residences

2306 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 2306, each contractTypical two-bed in Vera Residences

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 2306 sits

All 218 2-beds →

2-beds in Vera Residences · last 12 months1,657 /sqft Vera Residences · all types1,668 /sqft

2306 last sold in April 2018 at AED 1,468 per sqft, 10% above what two-beds in Vera Residences were fetching at the time (AED 1,340). 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. 2306's AED 116,000 is in the upper half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
27 Jan 202627 January 2026	902 sqft	1,450,000	1,608
10 Dec 202510 December 2025	899 sqft	1,500,000	1,668
21 Jul 202521 July 2025	899 sqft	1,500,000	1,668
8 Jul 20258 July 2025	900 sqft	1,496,699	1,662

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 23rd floor

All 522 units in Vera Residences


2301	2-bed	905 sqft	AED 1.77MAED 1,773,000 · Jul 2022July 2022
2302	2-bed	892 sqft	AED 1.33MAED 1,333,000 · Dec 2018December 2018	110,000 /yr
2303	1-bed	473 sqft	AED 740KAED 740,000 · Feb 2018February 2018	78,000 /yr
2304	2-bed	908 sqft	AED 1.36MAED 1,362,000 · Apr 2018April 2018	120,000 /yr
2305	2-bed	906 sqft	AED 1.33MAED 1,332,000 · Mar 2018March 2018	118,000 /yr
2307	2-bed	901 sqft	AED 1.32MAED 1,317,000 · May 2018May 2018
2308	2-bed	899 sqft	AED 1.32MAED 1,316,000 · Jun 2019June 2019	105,000 /yr
2309	2-bed	909 sqft	AED 1.33MAED 1,333,000 · Apr 2018April 2018	100,000 /yr
2310	1-bed	475 sqft	AED 525KAED 525,000 · Mar 2021March 2021	75,000 /yr
2311	1-bed	477 sqft	AED 730KAED 730,000 · Feb 2018February 2018	78,000 /yr
2312	1-bed	478 sqft	AED 822KAED 822,000 · Dec 2018December 2018
2313	1-bed	475 sqft	AED 841KAED 841,000 · Oct 2018October 2018	70,000 /yr
2314	1-bed	485 sqft	AED 980KAED 980,000 · Aug 2023August 2023	85,000 /yr
2315	1-bed	480 sqft	AED 1.2MAED 1,200,000 · Mar 2024March 2024	90,000 /yr
2316	1-bed	475 sqft	AED 840KAED 840,000 · Jun 2018June 2018	73,000 /yr
2317	1-bed	475 sqft	AED 1.14MAED 1,140,000 · Aug 2024August 2024	102,000 /yr
2318	1-bed	475 sqft	AED 1.05MAED 1,050,000 · Nov 2024November 2024	69,895 /yr
2319	1-bed	475 sqft	AED 844KAED 844,000 · May 2018May 2018
2320	1-bed	474 sqft	AED 844KAED 844,000 · May 2018May 2018
2321	2-bed	906 sqft	AED 1.36MAED 1,360,000 · Jul 2018July 2018	125,000 /yr

1–7 of 20

2306, Vera Residences in numbers

Sold once: by DAMAC on 9 April 2018 for AED 1,323,000, or AED 1,468 per sqft.
Rented since August 2024 on one Ejari contract, at AED 116,000 a year.
At AED 116,000 a year the gross yield on the 2018 price is 8.8%, before a service charge of about AED 19,900 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: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.

Questions about 2306, Vera Residences

What did unit 2306 last sell for?

AED 1,323,000 on 9 April 2018, sold by the developer: AED 1,468 per sqft for 901 sqft. It is the only registered sale of the unit.

What is the rent for unit 2306?

AED 116,000 a year on the contract signed on 15 August 2024.

How big is unit 2306?

901 sqft (83.7 sqm): a two-bedroom apartment on the 23rd floor of a 28-storey tower completed in 2022.

What is unit 2306 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 2306, Vera Residences

Starts from the last sale price (AED 1.32M, 9 April 2018). Switch to today's estimate once you have unlocked it.

Price: AED 1,323,000
Deposit, UAE resident (20%): AED 264,600
Deposit, non-resident (40%): AED 529,200
Monthly over 25 years at 3.7%: AED 5,413

Plus AED 60,576 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →