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

2317, Vera Residences

Sold prices and rental history: sold 3 times, last in August 2024, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2317 · DLD and Ejari recordsUpdated 4 November 2025
Last soldAED 1.14M14 August 2024
Current rentAED 102K /yr4 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2317, Vera Residences

What is 2317 worth today?

Last sold for AED 1,140,000 in 2024

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4 Nov 2025RentedNew contract
AED 102,000/yr12 months · AED 215 per sqft
14 Aug 2024SoldReady
AED 1,140,000AED 2,401 per sqft
30 Mar 2023SoldReady
AED 855,000AED 1,800 per sqft
28 Feb 2019Sold by developerOff-plan
AED 842,000AED 1,773 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 November 2025.

Key facts

Type
1-bed apartment
Size
475 sqft
Floor
23rd of 28
Parking
P3-004
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 1.14M · August 2024
Building
Vera Residences

About 2317, Vera Residences

2317 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. It last sold on 14 August 2024 for AED 1,140,000, or AED 2,401 per sqft, 11% above the AED 2,169 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 4 November 2025. The current contract, signed on 4 November 2025, is AED 102,000 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 10,500 a year.

Sales and rents for 2317 over time

Sales
Unit 2317, each saleTypical one-bed in Vera Residences
800K1M1.2M20182020202220242026Typical 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, February 2019: AED 842,000 (AED 1,773 per sqft)Sold, March 2023: AED 855,000 (AED 1,800 per sqft)Sold, August 2024: AED 1,140,000 (AED 2,401 per sqft)

2317 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2317, each contractTypical one-bed in Vera Residences
60K80K100K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 80,000New contract, November 2025: AED 102,000 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 2317 sits

All 283 1-beds →

2317 last sold in August 2024 at AED 2,401 per sqft, 11% above what one-beds in Vera Residences were fetching at the time (AED 2,169). 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. 2317's AED 102,000 is in the upper 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

2317, Vera Residences in numbers

  • Sold 3 times: first on 28 February 2019 for AED 842,000, last on 14 August 2024 for AED 1,140,000 (AED 2,401 per sqft).
  • Rented since November 2025 on one Ejari contract, at AED 102,000 a year.
  • At AED 102,000 a year the gross yield on the 2024 price is 8.9%, 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 4 November 2025.

Questions about 2317, Vera Residences

What did unit 2317 last sell for?

AED 1,140,000 on 14 August 2024: AED 2,401 per sqft for 475 sqft. The unit has 3 registered sales; the first was AED 842,000 in February 2019.

What is the rent for unit 2317?

AED 102,000 a year on the contract signed on 4 November 2025.

How big is unit 2317?

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

What is unit 2317 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 2317, Vera Residences

Starts from the last sale price (AED 1.14M, 14 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,140,000
Deposit, UAE resident (20%)
AED 228,000
Deposit, non-resident (40%)
AED 456,000
Monthly over 25 years at 3.7%
AED 4,664

Plus AED 52,890 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →