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2-bed · 900 sqftVera Residences, Business Bay · 10th floor · completed 2022

1006, Vera Residences

Sold prices and rental history: sold once, by the developer in May 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1006 · DLD and Ejari recordsUpdated 3 August 2026
Last soldAED 1.29M20 May 2022
Current rentAED 95K /yr3 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1006, Vera Residences

What is 1006 worth today?

Last sold for AED 1,293,600 in 2022

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3 Aug 2026RentedNew contract
AED 95,000/yr12 months · AED 105 per sqft
28 Jan 2025RentedNew contract
AED 105,000/yr12 months · AED 117 per sqft
28 Jan 2025RentedNew contract
AED 105,000/yr12 months · AED 117 per sqft
20 May 2022Sold by developerOff-plan
AED 1,293,600AED 1,437 per sqft

Source: Dubai Land Department. Updated 3 August 2026.

Key facts

Type
2-bed apartment
Size
900 sqft
Floor
10th of 28
Parking
P2-005
Developer
DAMAC
Completed
2022
Service charge
AED 19,800 /yr
Last sold
AED 1.29M · May 2022
Building
Vera Residences

About 1006, Vera Residences

1006 is a two-bedroom apartment of 900 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 20 May 2022 for AED 1,293,600, or AED 1,437 per sqft, 8% below the AED 1,563 two-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 3 August 2026, is AED 95,000 a year: a gross yield of 7.3% on the 2022 price, before the service charge of about AED 19,800 a year.

Sales and rents for 1006 over time

Sales
Unit 1006, each saleTypical two-bed in Vera Residences
1.2M1.4M1.6M2018202120242027Typical 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 1,540,000; 2026 AED 1,539,573Sold by developer, May 2022: AED 1,293,600 (AED 1,437 per sqft)

1006 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1006, each contractTypical two-bed in Vera Residences
90K100K110K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 99,375; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 100,000New contract, January 2025: AED 105,000 a yearNew contract, January 2025: AED 105,000 a yearNew contract, August 2026: AED 95,000 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 1006 sits

All 225 2-beds →

1006 last sold in May 2022 at AED 1,437 per sqft, 8% below what two-beds in Vera Residences were fetching at the time (AED 1,563). 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. 1006's AED 95,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Oct 20261,350,000
14 Sep 20261,546,373
26 Aug 20261,532,772
16 Jul 20261,513,848
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
Value
10012-bedAED 1.46M · Jul 2024
10022-bedAED 1.23M · Feb 2018
10031-bedAED 877K · Aug 2022
10042-bedAED 1.42M · Feb 2022
10052-bedAED 1.29M · May 2022
10072-bedAED 1.19M · Feb 2018
10082-bedAED 1.17M · Feb 2018
1–7 of 20

1006, Vera Residences in numbers

  • Sold once: by DAMAC on 20 May 2022 for AED 1,293,600, or AED 1,437 per sqft.
  • Rented since January 2025 on 3 Ejari contracts, from AED 105,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2022 price is 7.3%, before a service charge of about AED 19,800 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 3 August 2026.

Questions about 1006, Vera Residences

What did unit 1006 last sell for?

AED 1,293,600 on 20 May 2022, sold by the developer: AED 1,437 per sqft for 900 sqft. It is the only registered sale of the unit.

What is the rent for unit 1006?

AED 95,000 a year on the contract signed on 3 August 2026. The previous contract, from January 2025, was AED 105,000; the unit has been rented since January 2025.

How big is unit 1006?

900 sqft (83.6 sqm): a two-bedroom apartment on the 10th floor of a 28-storey tower completed in 2022.

What is unit 1006 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 1006, Vera Residences

Starts from the last sale price (AED 1.29M, 20 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,293,600
Deposit, UAE resident (20%)
AED 258,720
Deposit, non-resident (40%)
AED 517,440
Monthly over 25 years at 3.7%
AED 5,293

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