1-bed · 474 sqftVera Residences, Business Bay · 28th floor · completed 2022

2812, Vera Residences

Sold prices and rental history: sold once, by the developer in April 2018, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2812 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 857K4 April 2018
Current rentAED 72K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2812, Vera Residences

What is 2812 worth today?

Last sold for AED 857,000 in 2018

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1 Nov 2025RentedRenewal
AED 71,665/yr12 months · AED 151 per sqft
1 Nov 2024RentedRenewal
AED 71,665/yr12 months · AED 151 per sqft
1 Nov 2023RentedRenewal
AED 68,250/yr12 months · AED 144 per sqft
4 Apr 2018Sold by developerOff-plan
AED 857,000AED 1,806 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2025.

Key facts

Type
1-bed apartment
Size
474 sqft
Floor
28th of 28
Parking
P2-077
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 857K · April 2018

About 2812, Vera Residences

2812 is a one-bedroom apartment of 474 sqft on the 28th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 4 April 2018 for AED 857,000, or AED 1,806 per sqft, 15% above the AED 1,577 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 71,665 a year: a gross yield of 8.4% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 2812 over time

Sales
Unit 2812, 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, April 2018: AED 857,000 (AED 1,806 per sqft)

2812 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2812, each contractTypical one-bed in Vera Residences
70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 80,000Renewal, November 2023: AED 68,250 a yearRenewal, November 2024: AED 71,665 a yearRenewal, November 2025: AED 71,665 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 2812 sits

All 283 1-beds →

2812 last sold in April 2018 at AED 1,806 per sqft, 15% above what one-beds in Vera Residences were fetching at the time (AED 1,577). 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. 2812's AED 71,665 is in the lower 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 28th floor

All 522 units in Vera Residences
Value
28012-bedAED 1.41M · Jun 2018
28022-bedAED 2M · Mar 2025
28031-bedAED 1.12M · Oct 2024
28042-bedAED 1.43M · Jun 2018
28052-bedAED 1.41M · Nov 2024
2806AED 1.6M · Sep 2025
28072-bedAED 1M · Feb 2022
1–7 of 20

2812, Vera Residences in numbers

  • Sold once: by DAMAC on 4 April 2018 for AED 857,000, or AED 1,806 per sqft.
  • Rented since November 2023 on 3 Ejari contracts, from AED 68,250 to AED 71,665 a year.
  • At AED 71,665 a year the gross yield on the 2018 price is 8.4%, before a service charge of about AED 10,500 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 1 November 2025.

Questions about 2812, Vera Residences

What did unit 2812 last sell for?

AED 857,000 on 4 April 2018, sold by the developer: AED 1,806 per sqft for 474 sqft. It is the only registered sale of the unit.

What is the rent for unit 2812?

AED 71,665 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 71,665; the unit has been rented since November 2023.

How big is unit 2812?

474 sqft (44.0 sqm): a one-bedroom apartment on the 28th floor of a 28-storey tower completed in 2022.

What is unit 2812 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 2812, Vera Residences

Starts from the last sale price (AED 857K, 4 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 857,000
Deposit, UAE resident (20%)
AED 171,400
Deposit, non-resident (40%)
AED 342,800
Monthly over 25 years at 3.7%
AED 3,506

Plus AED 41,004 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →