1-bed · 480 sqftVera Residences, Business Bay · 23rd floor · completed 2022

2315, 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 March 2024, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2315 · DLD and Ejari recordsUpdated 28 March 2024

Last soldAED 1.2M28 March 2024

Current rentAED 90K /yr26 November 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 2315, Vera Residences

Today

What is 2315 worth today?

Last sold for AED 1,200,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Mar 2024

28 Mar 2024SoldReady

AED 1,200,000AED 2,499 per sqft

26 Nov 2022

26 Nov 2022RentedNew contract

AED 90,000/yr12 months · AED 186 per sqft

25 Jun 2018

25 Jun 2018Sold by developerOff-plan

AED 847,000AED 1,764 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 March 2024.

Key facts

Type: 1-bed apartment
Size: 480 sqft
Floor: 23rd of 28
Parking: P3-002
Developer: DAMAC
Completed: 2022
Service charge: AED 10,600 /yr
Last sold: AED 1.2M · March 2024
Building: Vera Residences

About 2315, Vera Residences

2315 is a one-bedroom apartment of 480 sqft on the 23rd floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 28 March 2024 for AED 1,200,000, or AED 2,499 per sqft, 28% above the AED 1,953 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 November 2022. The current contract, signed on 26 November 2022, is AED 90,000 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 10,600 a year.

Sales and rents for 2315 over time

Sales

Unit 2315, each saleTypical one-bed in Vera Residences

2315 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents

Unit 2315, 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 2315 sits

All 283 1-beds →

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

2315 last sold in March 2024 at AED 2,499 per sqft, 28% above what one-beds in Vera Residences were fetching at the time (AED 1,953). 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. 2315's AED 90,000 is in the upper 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 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
2306	2-bed	901 sqft	AED 1.32MAED 1,323,000 · Apr 2018April 2018	116,000 /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
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

2315, Vera Residences in numbers

Sold twice: first on 25 June 2018 for AED 847,000, last on 28 March 2024 for AED 1,200,000 (AED 2,499 per sqft).
Rented since November 2022 on one Ejari contract, at AED 90,000 a year.
At AED 90,000 a year the gross yield on the 2024 price is 7.5%, before a service charge of about AED 10,600 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 28 March 2024.

Questions about 2315, Vera Residences

What did unit 2315 last sell for?

AED 1,200,000 on 28 March 2024: AED 2,499 per sqft for 480 sqft. The unit has 2 registered sales; the first was AED 847,000 in June 2018.

What is the rent for unit 2315?

AED 90,000 a year on the contract signed on 26 November 2022.

How big is unit 2315?

480 sqft (44.6 sqm): a one-bedroom apartment on the 23rd floor of a 28-storey tower completed in 2022.

What is unit 2315 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.

Selling 2315? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2315, Vera Residences

Starts from the last sale price (AED 1.2M, 28 March 2024). Switch to today's estimate once you have unlocked it.

Price: AED 1,200,000
Deposit, UAE resident (20%): AED 240,000
Deposit, non-resident (40%): AED 480,000
Monthly over 25 years at 3.7%: AED 4,910

Plus AED 55,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →