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

2708, Vera Residences

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

Unit 2708 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 1.35M30 August 2018
Current rentAED 105K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2708, Vera Residences

What is 2708 worth today?

Last sold for AED 1,352,000 in 2018

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1 Oct 2025RentedNew contract
AED 105,000/yr12 months · AED 117 per sqft
15 Aug 2024RentedRenewal
AED 99,000/yr12 months · AED 110 per sqft
1 Nov 2022RentedNew contract
AED 82,000/yr12 months · AED 92 per sqft
15 Oct 2022RentedNew contract
AED 82,000/yr12 months · AED 92 per sqft
30 Aug 2018Sold by developerOff-plan
AED 1,352,000AED 1,507 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
2-bed apartment
Size
897 sqft
Floor
27th of 28
Parking
G-040
Developer
DAMAC
Completed
2022
Service charge
AED 19,800 /yr
Last sold
AED 1.35M · August 2018
Building
Vera Residences

About 2708, Vera Residences

2708 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. The developer sold it on 30 August 2018 for AED 1,352,000, or AED 1,507 per sqft, 11% above the AED 1,362 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 October 2025, is AED 105,000 a year: a gross yield of 7.8% on the 2018 price, before the service charge of about AED 19,800 a year.

Sales and rents for 2708 over time

Sales
Unit 2708, 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, August 2018: AED 1,352,000 (AED 1,507 per sqft)

2708 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2708, each contractTypical two-bed in Vera Residences
80K100K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 99,875; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 110,000New contract, October 2022: AED 82,000 a yearNew contract, November 2022: AED 82,000 a yearRenewal, August 2024: AED 99,000 a yearNew contract, October 2025: AED 105,000 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 2708 sits

All 218 2-beds →

2708 last sold in August 2018 at AED 1,507 per sqft, 11% above what two-beds in Vera Residences were fetching at the time (AED 1,362). 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. 2708's AED 105,000 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
27052-bedAED 1.23M · Feb 2018
27062-bedAED 1.25M · Dec 2022
27072-bedAED 1.36M · Jun 2018
1–7 of 20

2708, Vera Residences in numbers

  • Sold once: by DAMAC on 30 August 2018 for AED 1,352,000, or AED 1,507 per sqft.
  • Rented since October 2022 on 4 Ejari contracts, from AED 82,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2018 price is 7.8%, 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 1 October 2025.

Questions about 2708, Vera Residences

What did unit 2708 last sell for?

AED 1,352,000 on 30 August 2018, sold by the developer: AED 1,507 per sqft for 897 sqft. It is the only registered sale of the unit.

What is the rent for unit 2708?

AED 105,000 a year on the contract signed on 1 October 2025. The previous contract, from August 2024, was AED 99,000; the unit has been rented since October 2022.

How big is unit 2708?

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

What is unit 2708 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 2708, Vera Residences

Starts from the last sale price (AED 1.35M, 30 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,352,000
Deposit, UAE resident (20%)
AED 270,400
Deposit, non-resident (40%)
AED 540,800
Monthly over 25 years at 3.7%
AED 5,531

Plus AED 61,794 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →