1-bed · 475 sqftVera Residences, Business Bay · 23rd floor · completed 2022

2313, Vera Residences

Sold prices and rental history: sold once, by the developer in October 2018, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2313 · DLD and Ejari recordsUpdated 11 July 2025
Last soldAED 841K2 October 2018
Current rentAED 70K /yr11 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2313, Vera Residences

What is 2313 worth today?

Last sold for AED 841,000 in 2018

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11 Jul 2025RentedNew contract
AED 70,000/yr12 months · AED 144 per sqft
31 Mar 2023RentedNew contract
AED 50,000/yr36 months · AED 103 per sqft
2 Oct 2018Sold by developerOff-plan
AED 841,000AED 1,772 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 July 2025.

Key facts

Type
1-bed apartment
Size
475 sqft
Floor
23rd of 28
Parking
P2-126
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 841K · October 2018

About 2313, Vera Residences

2313 is a one-bedroom apartment of 475 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 2 October 2018 for AED 841,000, or AED 1,772 per sqft, 12% above the AED 1,583 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 11 July 2025, is AED 70,000 a year: a gross yield of 8.3% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 2313 over time

Sales
Unit 2313, 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, October 2018: AED 841,000 (AED 1,772 per sqft)

2313 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2313, each contractTypical one-bed in Vera Residences
60K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 80,000New contract, March 2023: AED 50,000 a yearNew contract, July 2025: AED 70,000 a year

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 2313 sits

All 283 1-beds →

2313 last sold in October 2018 at AED 1,772 per sqft, 12% above what one-beds in Vera Residences were fetching at the time (AED 1,583). 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. 2313's AED 70,000 is in the lower half of that range.

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 23rd floor

All 522 units in Vera Residences
Value
23012-bedAED 1.77M · Jul 2022
23022-bedAED 1.33M · Dec 2018
23031-bedAED 740K · Feb 2018
23042-bedAED 1.36M · Apr 2018
23052-bedAED 1.33M · Mar 2018
23062-bedAED 1.32M · Apr 2018
23072-bedAED 1.32M · May 2018
1–7 of 20

2313, Vera Residences in numbers

  • Sold once: by DAMAC on 2 October 2018 for AED 841,000, or AED 1,772 per sqft.
  • Rented since March 2023 on 2 Ejari contracts, from AED 50,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2018 price is 8.3%, 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: YallaValue analysis of Dubai Land Department records. Updated 11 July 2025.

Questions about 2313, Vera Residences

What did unit 2313 last sell for?

AED 841,000 on 2 October 2018, sold by the developer: AED 1,772 per sqft for 475 sqft. It is the only registered sale of the unit.

What is the rent for unit 2313?

AED 70,000 a year on the contract signed on 11 July 2025. The previous contract, from March 2023, was AED 50,000.

How big is unit 2313?

475 sqft (44.1 sqm): a one-bedroom apartment on the 23rd floor of a 28-storey tower completed in 2022.

What is unit 2313 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 2313, Vera Residences

Starts from the last sale price (AED 841K, 2 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 841,000
Deposit, UAE resident (20%)
AED 168,200
Deposit, non-resident (40%)
AED 336,400
Monthly over 25 years at 3.7%
AED 3,441

Plus AED 40,332 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →