2-bed · 899 sqftVera Residences, Business Bay · 27th floor · completed 2022

2706, 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 twice, last in December 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 2706 · DLD and Ejari recordsUpdated 8 December 2022

Last soldAED 1.25M8 December 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 2706, Vera Residences

Today

What is 2706 worth today?

Last sold for AED 1,250,000 in 2022

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8 Dec 2022

8 Dec 2022SoldReady

AED 1,250,000AED 1,391 per sqft

12 Feb 2018

12 Feb 2018Sold by developerOff-plan

AED 1,226,000AED 1,364 per sqft

Source: Dubai Land Department. Updated 8 December 2022.

Key facts

Type: 2-bed apartment
Size: 899 sqft
Floor: 27th of 28
Parking: G-038
Developer: DAMAC
Completed: 2022
Service charge: AED 19,800 /yr
Last sold: AED 1.25M · December 2022
Building: Vera Residences

About 2706, Vera Residences

2706 is a two-bedroom apartment of 899 sqft on the 27th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 8 December 2022 for AED 1,250,000, or AED 1,391 per sqft, 10% below the AED 1,552 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2706 over time

Sales

Unit 2706, each saleTypical two-bed in Vera Residences

2706 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents

Unit 2706, each contractTypical two-bed in Vera Residences

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 2706 sits

All 218 2-beds →

2-beds in Vera Residences · last 12 months1,657 /sqft Vera Residences · all types1,668 /sqft

2706 last sold in December 2022 at AED 1,391 per sqft, 10% below what two-beds in Vera Residences were fetching at the time (AED 1,552). 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.

Recent 2-bed sales	Size	Price (AED)	Per sqft
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

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


2701	2-bed	897 sqft	AED 1.4MAED 1,400,000 · Mar 2023March 2023	89,000 /yr
2702	2-bed	888 sqft	AED 1.27MAED 1,267,000 · Feb 2018February 2018	135,000 /yr
2703	1-bed	511 sqft	AED 1.1MAED 1,100,000 · Jul 2025July 2025	90,000 /yr
2704	2-bed	905 sqft	AED 1.27MAED 1,269,000 · Feb 2018February 2018	123,636 /yr
2705	2-bed	903 sqft	AED 1.23MAED 1,234,000 · Feb 2018February 2018	100,000 /yr
2707	2-bed	899 sqft	AED 1.36MAED 1,360,000 · Jun 2018June 2018
2708	2-bed	897 sqft	AED 1.35MAED 1,352,000 · Aug 2018August 2018	105,000 /yr
2709	2-bed	907 sqft	AED 1.23MAED 1,234,000 · Feb 2018February 2018	110,000 /yr
2710	1-bed	477 sqft	AED 1.03MAED 1,030,000 · Jul 2024July 2024	78,000 /yr
2711	1-bed	476 sqft	AED 850KAED 850,000 · May 2023May 2023
2712	1-bed	474 sqft	AED 763KAED 763,000 · Feb 2018February 2018
2713	1-bed	475 sqft	AED 767KAED 767,000 · May 2018May 2018	85,000 /yr
2714	1-bed	484 sqft	AED 894KAED 894,000 · Jul 2022July 2022
2715	1-bed	478 sqft	AED 803KAED 803,000 · Feb 2018February 2018	75,000 /yr
2716	1-bed	473 sqft	AED 793KAED 793,000 · Feb 2018February 2018	80,000 /yr
2717	1-bed	473 sqft	AED 793KAED 793,000 · Aug 2018August 2018	29,219 /yr
2718	1-bed	473 sqft	AED 793KAED 793,000 · Feb 2018February 2018	80,000 /yr
2719	1-bed	473 sqft	AED 793KAED 793,000 · Feb 2018February 2018	90,000 /yr
2720	1-bed	473 sqft	AED 793KAED 793,000 · Feb 2018February 2018	82,000 /yr
2721	2-bed	908 sqft	AED 1.27MAED 1,268,000 · Mar 2018March 2018

1–7 of 20

2706, Vera Residences in numbers

Sold twice: first on 12 February 2018 for AED 1,226,000, last on 8 December 2022 for AED 1,250,000 (AED 1,391 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 8 December 2022.

Questions about 2706, Vera Residences

What did unit 2706 last sell for?

AED 1,250,000 on 8 December 2022: AED 1,391 per sqft for 899 sqft. The unit has 2 registered sales; the first was AED 1,226,000 in February 2018.

How big is unit 2706?

899 sqft (83.5 sqm): a two-bedroom apartment on the 27th floor of a 28-storey tower completed in 2022.

What is unit 2706 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 2706, Vera Residences

Starts from the last sale price (AED 1.25M, 8 December 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,250,000
Deposit, UAE resident (20%): AED 250,000
Deposit, non-resident (40%): AED 500,000
Monthly over 25 years at 3.7%: AED 5,114

Plus AED 57,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →