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2-bed · 903 sqftVera Residences, Business Bay · 27th floor · completed 2022

2705, Vera Residences

Sold prices and rental history: sold once, by the developer in February 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2705 · DLD and Ejari recordsUpdated 16 September 2025
Last soldAED 1.23M13 February 2018
Current rentAED 100K /yr16 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2705, Vera Residences

What is 2705 worth today?

Last sold for AED 1,234,000 in 2018

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16 Sep 2025RentedRenewal
AED 100,000/yr12 months · AED 112 per sqft
16 Sep 2024RentedRenewal
AED 99,000/yr12 months · AED 111 per sqft
16 Sep 2022RentedNew contract
AED 85,000/yr12 months · AED 94 per sqft
13 Feb 2018Sold by developerOff-plan
AED 1,234,000AED 1,366 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 September 2025.

Key facts

Type
2-bed apartment
Size
903 sqft
Floor
27th of 28
Parking
G-037
Developer
DAMAC
Completed
2022
Service charge
AED 19,900 /yr
Last sold
AED 1.23M · February 2018
Building
Vera Residences

About 2705, Vera Residences

2705 is a two-bedroom apartment of 903 sqft on the 27th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 13 February 2018 for AED 1,234,000, or AED 1,366 per sqft, in line with the AED 1,331 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 16 September 2025, is AED 100,000 a year: a gross yield of 8.1% on the 2018 price, before the service charge of about AED 19,900 a year.

Sales and rents for 2705 over time

Sales
Unit 2705, 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, February 2018: AED 1,234,000 (AED 1,366 per sqft)

2705 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2705, each contractTypical two-bed in Vera Residences
100K202220242026Typical 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 85,000 a yearRenewal, September 2024: AED 99,000 a yearRenewal, September 2025: AED 100,000 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 2705 sits

All 218 2-beds →

2705 last sold in February 2018 at AED 1,366 per sqft, in line with what two-beds in Vera Residences were fetching at the time (AED 1,331). 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. 2705's AED 100,000 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
27012-bedAED 1.4M · Mar 2023
27022-bedAED 1.27M · Feb 2018
27031-bedAED 1.1M · Jul 2025
27042-bedAED 1.27M · Feb 2018
27062-bedAED 1.25M · Dec 2022
27072-bedAED 1.36M · Jun 2018
27082-bedAED 1.35M · Aug 2018
1–7 of 20

2705, Vera Residences in numbers

  • Sold once: by DAMAC on 13 February 2018 for AED 1,234,000, or AED 1,366 per sqft.
  • Rented since September 2022 on 3 Ejari contracts, from AED 85,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2018 price is 8.1%, before a service charge of about AED 19,900 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 16 September 2025.

Questions about 2705, Vera Residences

What did unit 2705 last sell for?

AED 1,234,000 on 13 February 2018, sold by the developer: AED 1,366 per sqft for 903 sqft. It is the only registered sale of the unit.

What is the rent for unit 2705?

AED 100,000 a year on the contract renewed on 16 September 2025. The previous contract, from September 2024, was AED 99,000; the unit has been rented since September 2022.

How big is unit 2705?

903 sqft (83.9 sqm): a two-bedroom apartment on the 27th floor of a 28-storey tower completed in 2022.

What is unit 2705 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 2705, Vera Residences

Starts from the last sale price (AED 1.23M, 13 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,234,000
Deposit, UAE resident (20%)
AED 246,800
Deposit, non-resident (40%)
AED 493,600
Monthly over 25 years at 3.7%
AED 5,049

Plus AED 56,838 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →