2506, Vera Residences
Sold prices and rental history: sold twice, last in May 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2506, Vera Residences
What is 2506 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 18 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 900 sqft
- Floor
- 25th of 28
- Parking
- P2-046
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 19,800 /yr
- Last sold
- AED 1.4M · May 2024
- Building
- Vera Residences
About 2506, Vera Residences
2506 is a two-bedroom apartment of 900 sqft on the 25th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 27 May 2024 for AED 1,400,000, or AED 1,553 per sqft, 8% below the AED 1,684 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 18 September 2024, is AED 102,300 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 19,800 a year.
Sales and rents for 2506 over time
2506 has sold twice; the dashed line is the two-bed median of each year in the building.
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 2506 sits
All 218 2-beds →2506 last sold in May 2024 at AED 1,553 per sqft, 8% below what two-beds in Vera Residences were fetching at the time (AED 1,684). 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. 2506's AED 102,300 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 25th floor
All 522 units in Vera Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 2-bed | 905 sqft | AED 1.35MAED 1,350,000 · Dec 2018December 2018 | 130,000 /yr | |
| 2502 | 2-bed | 892 sqft | AED 1.8MAED 1,800,000 · May 2024May 2024 | 120,000 /yr | |
| 2503 | 513 sqft | AED 1.25MAED 1,250,000 · Oct 2025October 2025 | 90,000 /yr | ||
| 2504 | 2-bed | 908 sqft | AED 1.2MAED 1,204,800 · Mar 2018March 2018 | 125,000 /yr | |
| 2505 | 2-bed | 906 sqft | AED 1.17MAED 1,171,500 · Mar 2018March 2018 | 110,000 /yr | |
| 2507 | 2-bed | 901 sqft | AED 1.23MAED 1,225,000 · Feb 2018February 2018 | 115,000 /yr | |
| 2508 | 2-bed | 899 sqft | AED 1.23MAED 1,225,000 · Feb 2018February 2018 | 107,000 /yr | |
| 2509 | 2-bed | 909 sqft | AED 1.23MAED 1,233,000 · Feb 2018February 2018 | 106,000 /yr | |
| 2510 | 1-bed | 475 sqft | AED 670KAED 670,000 · Feb 2018February 2018 | 78,000 /yr | |
| 2511 | 1-bed | 477 sqft | AED 670KAED 670,000 · Feb 2018February 2018 | 73,000 /yr | |
| 2512 | 1-bed | 478 sqft | AED 826KAED 826,000 · Jun 2018June 2018 | 74,792 /yr | |
| 2513 | 1-bed | 475 sqft | AED 766KAED 766,000 · May 2018May 2018 | 85,000 /yr | |
| 2514 | 1-bed | 479 sqft | AED 782KAED 782,000 · Apr 2018April 2018 | ||
| 2515 | 1-bed | 480 sqft | AED 806KAED 806,000 · Feb 2018February 2018 | ||
| 2516 | 475 sqft | AED 1.2MAED 1,200,000 · Nov 2025November 2025 | 74,586 /yr | ||
| 2517 | 1-bed | 475 sqft | AED 1.18MAED 1,180,000 · Jul 2025July 2025 | 74,799 /yr | |
| 2518 | 1-bed | 475 sqft | AED 847KAED 847,000 · Feb 2019February 2019 | ||
| 2519 | 1-bed | 475 sqft | AED 600KAED 600,000 · Jan 2023January 2023 | ||
| 2520 | 1-bed | 474 sqft | AED 670KAED 670,000 · Feb 2018February 2018 | ||
| 2521 | 2-bed | 906 sqft | AED 1.3MAED 1,303,000 · May 2018May 2018 | 100,000 /yr |
2506, Vera Residences in numbers
- Sold twice: first on 28 February 2018 for AED 1,163,900, last on 27 May 2024 for AED 1,400,000 (AED 1,553 per sqft).
- Rented since September 2022 on 3 Ejari contracts, from AED 85,000 to AED 102,300 a year.
- At AED 102,300 a year the gross yield on the 2024 price is 7.3%, before a service charge of about AED 19,800 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 18 September 2024.
Questions about 2506, Vera Residences
What did unit 2506 last sell for?
AED 1,400,000 on 27 May 2024: AED 1,553 per sqft for 900 sqft. The unit has 2 registered sales; the first was AED 1,163,900 in February 2018.
What is the rent for unit 2506?
AED 102,300 a year on the contract signed on 18 September 2024. The previous contract, from September 2023, was AED 93,000; the unit has been rented since September 2022.
How big is unit 2506?
900 sqft (83.6 sqm): a two-bedroom apartment on the 25th floor of a 28-storey tower completed in 2022.
What is unit 2506 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 2506, Vera Residences
Starts from the last sale price (AED 1.4M, 27 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus AED 63,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →