475 sqftVera Residences, Business Bay · 25th floor · completed 2022

2516, 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 3 times, last in November 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2516 · DLD and Ejari recordsUpdated 24 November 2025

Last soldAED 1.2M24 November 2025

Current rentAED 75K /yr12 April 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 2516, Vera Residences

Today

What is 2516 worth today?

Last sold for AED 1,200,000 in 2025

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24 Nov 2025

24 Nov 2025SoldReady

AED 1,200,000AED 2,527 per sqft

12 Apr 2025

12 Apr 2025RentedNew contract

AED 74,586/yr12 months · AED 157 per sqft

10 Nov 2024

10 Nov 2024RentedRenewal

AED 80,000/yr12 months · AED 169 per sqft

10 Nov 2024

10 Nov 2024RentedNew contract

AED 80,000/yr12 months · AED 169 per sqft

4 Mar 2024

4 Mar 2024SoldReady

AED 1,030,000AED 2,169 per sqft

10 Nov 2023

10 Nov 2023RentedNew contract

AED 75,000/yr12 months · AED 158 per sqft

27 Oct 2022

27 Oct 2022RentedNew contract

AED 70,000/yr12 months · AED 148 per sqft

7 Mar 2018

7 Mar 2018Sold by developerOff-plan

AED 796,000AED 1,676 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 November 2025.

Key facts

Type: Apartment
Size: 475 sqft
Floor: 25th of 28
Parking: P2-105
Developer: DAMAC
Completed: 2022
Service charge: AED 10,500 /yr
Last sold: AED 1.2M · November 2025
Building: Vera Residences

About 2516, Vera Residences

2516 is an apartment of 475 sqft on the 25th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 24 November 2025 for AED 1,200,000, or AED 2,527 per sqft.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 12 April 2025, is AED 74,586 a year: a gross yield of 6.2% on the 2025 price, before the service charge of about AED 10,500 a year.

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 25th floor

All 522 units in Vera Residences


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
2506	2-bed	900 sqft	AED 1.4MAED 1,400,000 · May 2024May 2024	102,300 /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
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

1–7 of 20

2516, Vera Residences in numbers

Sold 3 times: first on 7 March 2018 for AED 796,000, last on 24 November 2025 for AED 1,200,000 (AED 2,527 per sqft).
Rented since October 2022 on 5 Ejari contracts, from AED 70,000 to AED 74,586 a year.
At AED 74,586 a year the gross yield on the 2025 price is 6.2%, before a service charge of about AED 10,500 a year (AED 22.04 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 24 November 2025.

Questions about 2516, Vera Residences

What did unit 2516 last sell for?

AED 1,200,000 on 24 November 2025: AED 2,527 per sqft for 475 sqft. The unit has 3 registered sales; the first was AED 796,000 in March 2018.

What is the rent for unit 2516?

AED 74,586 a year on the contract signed on 12 April 2025. The previous contract, from November 2024, was AED 80,000; the unit has been rented since October 2022.

How big is unit 2516?

475 sqft (44.1 sqm): an apartment on the 25th floor of a 28-storey tower completed in 2022.

What is unit 2516 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 2516, Vera Residences

Starts from the last sale price (AED 1.2M, 24 November 2025). 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 →