1-bed · 473 sqftVera Residences, Business Bay · 27th floor · completed 2022

2719, Vera Residences

Sold prices and rental history: sold once, by the developer in February 2018, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2719 · DLD and Ejari recordsUpdated 13 May 2024
Last soldAED 793K13 February 2018
Current rentAED 90K /yr13 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2719, Vera Residences

What is 2719 worth today?

Last sold for AED 793,000 in 2018

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13 May 2024RentedNew contract
AED 90,000/yr12 months · AED 190 per sqft
13 Feb 2018Sold by developerOff-plan
AED 793,000AED 1,675 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 May 2024.

Key facts

Type
1-bed apartment
Size
473 sqft
Floor
27th of 28
Parking
P2-072
Developer
DAMAC
Completed
2022
Service charge
AED 10,400 /yr
Last sold
AED 793K · February 2018

About 2719, Vera Residences

2719 is a one-bedroom apartment of 473 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 793,000, or AED 1,675 per sqft, 7% above the AED 1,572 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 13 May 2024. The current contract, signed on 13 May 2024, is AED 90,000 a year: a gross yield of 11.3% on the 2018 price, before the service charge of about AED 10,400 a year.

Sales and rents for 2719 over time

Sales
Unit 2719, each saleTypical one-bed in Vera Residences
800K1M20182020202220242026Typical sale price by year: 2018 AED 753,000; 2019 AED 741,560; 2022 AED 856,489; 2023 AED 900,000; 2024 AED 1,087,500; 2025 AED 1,090,000Sold by developer, February 2018: AED 793,000 (AED 1,675 per sqft)

2719 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2719, each contractTypical one-bed in Vera Residences
80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 80,000New contract, May 2024: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Vera Residences, and where 2719 sits

All 283 1-beds →

2719 last sold in February 2018 at AED 1,675 per sqft, 7% above what one-beds in Vera Residences were fetching at the time (AED 1,572). Over the last 12 months one-beds sold for AED 1,050,000 to 1,200,000, around AED 2,346 per sqft, and rent for AED 29,219 to 125,000 a year. 2719's AED 90,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Dec 20251,050,000
9 Jul 20251,180,000
4 Jul 20251,120,000
3 Jul 20251,100,000
2 1-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

2719, Vera Residences in numbers

  • Sold once: by DAMAC on 13 February 2018 for AED 793,000, or AED 1,675 per sqft.
  • Rented since May 2024 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2018 price is 11.3%, before a service charge of about AED 10,400 a year (AED 22.04 per sqft).
  • One-beds in Vera Residences sold for AED 1,050,000–1,200,000 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 13 May 2024.

Questions about 2719, Vera Residences

What did unit 2719 last sell for?

AED 793,000 on 13 February 2018, sold by the developer: AED 1,675 per sqft for 473 sqft. It is the only registered sale of the unit.

What is the rent for unit 2719?

AED 90,000 a year on the contract signed on 13 May 2024.

How big is unit 2719?

473 sqft (43.9 sqm): a one-bedroom apartment on the 27th floor of a 28-storey tower completed in 2022.

What is unit 2719 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Vera Residences sold for AED 1,050,000 to 1,200,000 in the last 12 months, around AED 2,346 per sqft.

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Mortgage on 2719, Vera Residences

Starts from the last sale price (AED 793K, 13 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 793,000
Deposit, UAE resident (20%)
AED 158,600
Deposit, non-resident (40%)
AED 317,200
Monthly over 25 years at 3.7%
AED 3,244

Plus AED 38,316 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →