2417, Vera Residences
Sold prices and rental history: sold twice, last in August 2023, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2417, Vera Residences
What is 2417 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 475 sqft
- Floor
- 24th of 28
- Parking
- P2-118
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 10,500 /yr
- Last sold
- AED 910K · August 2023
- Building
- Vera Residences
About 2417, Vera Residences
2417 is a one-bedroom apartment of 475 sqft on the 24th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 4 August 2023 for AED 910,000, or AED 1,916 per sqft, 9% above the AED 1,754 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 September 2024. The current contract, renewed on 1 September 2024, is AED 73,500 a year: a gross yield of 8.1% on the 2023 price, before the service charge of about AED 10,500 a year.
Sales and rents for 2417 over time
2417 has sold twice; the dashed line is the one-bed median of each year in the building.
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 2417 sits
All 283 1-beds →2417 last sold in August 2023 at AED 1,916 per sqft, 9% above what one-beds in Vera Residences were fetching at the time (AED 1,754). 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. 2417's AED 73,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Vera Residences
Building522 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%
Other units on the 24th floor
All 522 units in Vera Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 905 sqft | AED 1.46MAED 1,460,550 · May 2022May 2022 | ||
| 2402 | 2-bed | 892 sqft | AED 1.69MAED 1,693,440 · Mar 2023March 2023 | ||
| 2403 | 1-bed | 513 sqft | AED 999KAED 998,620 · Sep 2023September 2023 | 80,000 /yr | |
| 2404 | 2-bed | 908 sqft | AED 2MAED 2,000,000 · Aug 2024August 2024 | 130,000 /yr | |
| 2405 | 2-bed | 906 sqft | AED 1.37MAED 1,373,000 · Jan 2022January 2022 | 110,000 /yr | |
| 2406 | 2-bed | 901 sqft | AED 1.43MAED 1,432,200 · Mar 2022March 2022 | 105,000 /yr | |
| 2407 | 2-bed | 901 sqft | AED 1.38MAED 1,375,000 · May 2023May 2023 | 53,202 /yr | |
| 2408 | 2-bed | 899 sqft | AED 1.5MAED 1,500,000 · Dec 2023December 2023 | 120,000 /yr | |
| 2409 | 2-bed | 909 sqft | AED 1.5MAED 1,500,000 · Nov 2024November 2024 | ||
| 2410 | 1-bed | 475 sqft | AED 905KAED 905,100 · May 2022May 2022 | 83,000 /yr | |
| 2411 | 1-bed | 477 sqft | AED 870KAED 870,000 · Apr 2022April 2022 | ||
| 2412 | 1-bed | 478 sqft | AED 895KAED 894,600 · May 2022May 2022 | ||
| 2413 | 1-bed | 487 sqft | AED 1.1MAED 1,100,000 · Mar 2024March 2024 | 81,000 /yr | |
| 2414 | 485 sqft | AED 990KAED 990,000 · Sep 2025September 2025 | 85,000 /yr | ||
| 2415 | 1-bed | 480 sqft | AED 1.15MAED 1,150,000 · Mar 2024March 2024 | ||
| 2416 | 1-bed | 475 sqft | AED 1.07MAED 1,070,000 · Oct 2023October 2023 | ||
| 2418 | 1-bed | 475 sqft | AED 1.02MAED 1,020,000 · May 2024May 2024 | 79,786 /yr | |
| 2419 | 1-bed | 475 sqft | AED 1.02MAED 1,020,000 · May 2024May 2024 | 90,000 /yr | |
| 2420 | 1-bed | 474 sqft | AED 1.05MAED 1,050,000 · Mar 2024March 2024 | ||
| 2421 | 906 sqft | AED 1.48MAED 1,475,250 · May 2022May 2022 |
2417, Vera Residences in numbers
- Sold twice: first on 4 March 2022 for AED 916,650, last on 4 August 2023 for AED 910,000 (AED 1,916 per sqft).
- Rented since September 2024 on one Ejari contract, at AED 73,500 a year.
- At AED 73,500 a year the gross yield on the 2023 price is 8.1%, 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 1 September 2024.
Questions about 2417, Vera Residences
What did unit 2417 last sell for?
AED 910,000 on 4 August 2023: AED 1,916 per sqft for 475 sqft. The unit has 2 registered sales; the first was AED 916,650 in March 2022.
What is the rent for unit 2417?
AED 73,500 a year on the contract renewed on 1 September 2024.
How big is unit 2417?
475 sqft (44.1 sqm): a one-bedroom apartment on the 24th floor of a 28-storey tower completed in 2022.
What is unit 2417 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 2417, Vera Residences
Starts from the last sale price (AED 910K, 4 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 910,000
- Deposit, UAE resident (20%)
- AED 182,000
- Deposit, non-resident (40%)
- AED 364,000
- Monthly over 25 years at 3.7%
- AED 3,723
Plus AED 43,230 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →