2-bed · 908 sqftVera Residences, Business Bay · 10th floor · completed 2022

1004, 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 once, by the developer in February 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1004 · DLD and Ejari recordsUpdated 1 September 2026

Last soldAED 1.42M23 February 2022

Current rentAED 84K /yr1 September 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1004, Vera Residences

Today

What is 1004 worth today?

Last sold for AED 1,422,750 in 2022

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1 Sep 2026

1 Sep 2026RentedRenewal

AED 84,000/yr12 months · AED 93 per sqft

1 Sep 2026

1 Sep 2026RentedRenewal

AED 105,000/yr12 months · AED 116 per sqft

1 Sep 2025

1 Sep 2025RentedNew contract

AED 105,000/yr12 months · AED 116 per sqft

1 Sep 2025

1 Sep 2025RentedNew contract

AED 105,000/yr12 months · AED 116 per sqft

28 Nov 2022

28 Nov 2022RentedNew contract

AED 118,000/yr12 months · AED 130 per sqft

23 Feb 2022

23 Feb 2022Sold by developerOff-plan

AED 1,422,750AED 1,567 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type: 2-bed apartment
Size: 908 sqft
Floor: 10th of 28
Parking: P2-003
Developer: DAMAC
Completed: 2022
Service charge: AED 20,000 /yr
Last sold: AED 1.42M · February 2022
Building: Vera Residences

About 1004, Vera Residences

1004 is a two-bedroom apartment of 908 sqft on the 10th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 23 February 2022 for AED 1,422,750, or AED 1,567 per sqft, 5% above the AED 1,488 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 84,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 20,000 a year.

Sales and rents for 1004 over time

Sales

Unit 1004, each saleTypical two-bed in Vera Residences

1004 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1004, 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 1004 sits

All 225 2-beds →

2-beds in Vera Residences · last 12 months1,707 /sqft Vera Residences · all types2,097 /sqft

1004 last sold in February 2022 at AED 1,567 per sqft, 5% above what two-beds in Vera Residences were fetching at the time (AED 1,488). Over the last 12 months two-beds sold for AED 500,000 to 2,118,000, around AED 1,707 per sqft, and rent for AED 45,000 to 140,700 a year. 1004's AED 84,000 is in the lower half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
29 Oct 202629 October 2026	897 sqft	1,350,000	1,505
14 Sep 202614 September 2026	902 sqft	1,546,373	1,714
26 Aug 202626 August 2026	890 sqft	1,532,772	1,721
16 Jul 202616 July 2026	890 sqft	1,513,848	1,700

12 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. 25 sold in the last 12 months.

Typical price per sqft: AED 2,097 Down 4.6%
Typical sale: AED 1.2M
Typical rent: AED 82K /yr
Typical yield: 6.1%

Vera Residences, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 522 units in Vera Residences


1001	2-bed	900 sqft	AED 1.46MAED 1,456,000 · Jul 2024July 2024	100,000 /yr
1002	2-bed	890 sqft	AED 1.23MAED 1,234,000 · Feb 2018February 2018	135,000 /yr
1003	1-bed	513 sqft	AED 877KAED 877,100 · Aug 2022August 2022	68,000 /yr
1005	2-bed	905 sqft	AED 1.29MAED 1,290,464 · May 2022May 2022
1006	2-bed	900 sqft	AED 1.29MAED 1,293,600 · May 2022May 2022	95,000 /yr
1007	2-bed	902 sqft	AED 1.19MAED 1,194,000 · Feb 2018February 2018	92,000 /yr
1008	2-bed	899 sqft	AED 1.17MAED 1,170,120 · Feb 2018February 2018	108,000 /yr
1009	2-bed	908 sqft	AED 1.2MAED 1,202,000 · Feb 2018February 2018	86,767 /yr
1010	1-bed	479 sqft	AED 861KAED 861,000 · May 2022May 2022	73,500 /yr
1011	1-bed	477 sqft	AED 804KAED 803,551 · Jun 2022June 2022
1012	1-bed	476 sqft	AED 1.09MAED 1,085,000 · Mar 2024March 2024
1013	1-bed	475 sqft	AED 724KAED 724,000 · Feb 2018February 2018	78,500 /yr
1014	1-bed	479 sqft	AED 735KAED 735,000 · Feb 2018February 2018	70,000 /yr
1015	1-bed	478 sqft	AED 759KAED 759,000 · Feb 2018February 2018	70,000 /yr
1016	1-bed	475 sqft	AED 940KAED 940,000 · Feb 2024February 2024	50,139 /yr
1017	1-bed	475 sqft	AED 749KAED 749,000 · Feb 2018February 2018	73,500 /yr
1018	1-bed	475 sqft	AED 829KAED 829,000 · Jul 2022July 2022	80,000 /yr
1019	1-bed	475 sqft	AED 1.03MAED 1,030,000 · Jul 2026July 2026	64,000 /yr
1020	1-bed	474 sqft	AED 740KAED 740,000 · May 2023May 2023	75,000 /yr
1021	2-bed	905 sqft	AED 1.42MAED 1,419,600 · Mar 2022March 2022	118,000 /yr

1–7 of 20

1004, Vera Residences in numbers

Sold once: by DAMAC on 23 February 2022 for AED 1,422,750, or AED 1,567 per sqft.
Rented since November 2022 on 5 Ejari contracts, from AED 118,000 to AED 84,000 a year.
At AED 84,000 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 20,000 a year (AED 22.04 per sqft).
Two-beds in Vera Residences sold for AED 500,000–2,118,000 in the 12 months to November 2026; the building's median across all types is AED 2,097 per sqft.

Source: Dubai Land Department. Updated 1 September 2026.

Questions about 1004, Vera Residences

What did unit 1004 last sell for?

AED 1,422,750 on 23 February 2022, sold by the developer: AED 1,567 per sqft for 908 sqft. It is the only registered sale of the unit.

What is the rent for unit 1004?

AED 84,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2026, was AED 105,000; the unit has been rented since November 2022.

How big is unit 1004?

908 sqft (84.4 sqm): a two-bedroom apartment on the 10th floor of a 28-storey tower completed in 2022.

What is unit 1004 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 500,000 to 2,118,000 in the last 12 months, around AED 1,707 per sqft.

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Mortgage on 1004, Vera Residences

Starts from the last sale price (AED 1.42M, 23 February 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,422,750
Deposit, UAE resident (20%): AED 284,550
Deposit, non-resident (40%): AED 569,100
Monthly over 25 years at 3.7%: AED 5,821

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →