2-bed · 897 sqftVera Residences, Business Bay · 27th floor · completed 2022

2701, Vera Residences

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2701 · DLD and Ejari recordsUpdated 26 September 2025
Last soldAED 1.4M15 March 2023
Current rentAED 89K /yr26 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2701, Vera Residences

What is 2701 worth today?

Last sold for AED 1,400,000 in 2023

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26 Sep 2025RentedRenewal
AED 89,000/yr12 months · AED 100 per sqft
26 Sep 2024RentedNew contract
AED 135,000/yr12 months · AED 151 per sqft
26 Sep 2023RentedNew contract
AED 96,000/yr12 months · AED 107 per sqft
15 Mar 2023SoldReady
AED 1,400,000AED 1,560 per sqft
22 Sep 2022RentedNew contract
AED 82,000/yr12 months · AED 91 per sqft
20 Mar 2018Sold by developerOff-plan
AED 1,391,000AED 1,550 per sqft

Source: Dubai Land Department. Updated 26 September 2025.

Key facts

Type
2-bed apartment
Size
897 sqft
Floor
27th of 28
Parking
G-034
Developer
DAMAC
Completed
2022
Service charge
AED 19,800 /yr
Last sold
AED 1.4M · March 2023

About 2701, Vera Residences

2701 is a two-bedroom apartment of 897 sqft on the 27th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 15 March 2023 for AED 1,400,000, or AED 1,560 per sqft, in line with the AED 1,560 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 26 September 2025, is AED 89,000 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 19,800 a year.

Sales and rents for 2701 over time

Sales
Unit 2701, each saleTypical two-bed in Vera Residences
1.2M1.4M1.6M20182020202220242026Typical sale price by year: 2018 AED 1,233,000; 2019 AED 1,286,500; 2020 AED 1,200,562; 2021 AED 1,263,000; 2022 AED 1,409,800; 2023 AED 1,450,000; 2024 AED 1,500,000; 2025 AED 1,600,000Sold by developer, March 2018: AED 1,391,000 (AED 1,550 per sqft)Sold, March 2023: AED 1,400,000 (AED 1,560 per sqft)

2701 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2701, each contractTypical two-bed in Vera Residences
75K100K125K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 99,875; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 110,000New contract, September 2022: AED 82,000 a yearNew contract, September 2023: AED 96,000 a yearNew contract, September 2024: AED 135,000 a yearRenewal, September 2025: AED 89,000 a year

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 2701 sits

All 218 2-beds →

2701 last sold in March 2023 at AED 1,560 per sqft, in line with what two-beds in Vera Residences were fetching at the time (AED 1,560). 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. 2701's AED 89,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Jan 20261,450,000
10 Dec 20251,500,000
21 Jul 20251,500,000
8 Jul 20251,496,699
3 2-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 27th floor

All 522 units in Vera Residences
Value
27022-bedAED 1.27M · Feb 2018
27031-bedAED 1.1M · Jul 2025
27042-bedAED 1.27M · Feb 2018
27052-bedAED 1.23M · Feb 2018
27062-bedAED 1.25M · Dec 2022
27072-bedAED 1.36M · Jun 2018
27082-bedAED 1.35M · Aug 2018
1–7 of 20

2701, Vera Residences in numbers

  • Sold twice: first on 20 March 2018 for AED 1,391,000, last on 15 March 2023 for AED 1,400,000 (AED 1,560 per sqft).
  • Rented since September 2022 on 4 Ejari contracts, from AED 82,000 to AED 89,000 a year.
  • At AED 89,000 a year the gross yield on the 2023 price is 6.4%, 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: Dubai Land Department. Updated 26 September 2025.

Questions about 2701, Vera Residences

What did unit 2701 last sell for?

AED 1,400,000 on 15 March 2023: AED 1,560 per sqft for 897 sqft. The unit has 2 registered sales; the first was AED 1,391,000 in March 2018.

What is the rent for unit 2701?

AED 89,000 a year on the contract renewed on 26 September 2025. The previous contract, from September 2024, was AED 135,000; the unit has been rented since September 2022.

How big is unit 2701?

897 sqft (83.3 sqm): a two-bedroom apartment on the 27th floor of a 28-storey tower completed in 2022.

What is unit 2701 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 2701, Vera Residences

Starts from the last sale price (AED 1.4M, 15 March 2023). 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 →