2-bed · 900 sqftVera Residences, Business Bay · 11th floor · completed 2022

1101, 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 May 2018, 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 1101 · DLD and Ejari recordsUpdated 1 May 2026

Last soldAED 1.2M1 May 2018

Current rentAED 116K /yr1 May 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1101, Vera Residences

Today

What is 1101 worth today?

Last sold for AED 1,200,562 in 2018

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1 May 2026

1 May 2026RentedRenewal

AED 115,500/yr12 months · AED 129 per sqft

1 May 2024

1 May 2024RentedNew contract

AED 110,000/yr12 months · AED 122 per sqft

1 Dec 2023

1 Dec 2023RentedNew contract

AED 107,000/yr12 months · AED 118 per sqft

22 Oct 2022

22 Oct 2022RentedNew contract

AED 87,500/yr12 months · AED 97 per sqft

1 May 2018

1 May 2018Sold by developerOff-plan

AED 1,200,562AED 1,334 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type: 2-bed apartment
Size: 900 sqft
Floor: 11th of 28
Parking: P1-079
Developer: DAMAC
Completed: 2022
Service charge: AED 19,800 /yr
Last sold: AED 1.2M · May 2018
Building: Vera Residences

About 1101, Vera Residences

1101 is a two-bedroom apartment of 900 sqft on the 11th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 1 May 2018 for AED 1,200,562, or AED 1,334 per sqft, in line with the AED 1,353 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 115,500 a year: a gross yield of 9.6% on the 2018 price, before the service charge of about AED 19,800 a year.

Sales and rents for 1101 over time

Sales

Unit 1101, each saleTypical two-bed in Vera Residences

1101 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1101, 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 1101 sits

All 225 2-beds →

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

1101 last sold in May 2018 at AED 1,334 per sqft, in line with what two-beds in Vera Residences were fetching at the time (AED 1,353). 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. 1101's AED 115,500 is in the upper 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 11th floor

All 522 units in Vera Residences


1102	2-bed	890 sqft	AED 1.53MAED 1,532,772 · Aug 2026August 2026	110,000 /yr
1103	1-bed	513 sqft	AED 975KAED 975,000 · Oct 2023October 2023	52,000 /yr
1104	2-bed	908 sqft	AED 1.31MAED 1,312,000 · Jun 2019June 2019	85,000 /yr
1105	2-bed	905 sqft	AED 1.46MAED 1,462,291 · Nov 2024November 2024	118,000 /yr
1106	2-bed	900 sqft	AED 1.4MAED 1,400,000 · Oct 2024October 2024	126,000 /yr
1107	2-bed	902 sqft	AED 1.4MAED 1,400,000 · Nov 2024November 2024	116,000 /yr
1108	2-bed	899 sqft	AED 1.2MAED 1,200,562 · Aug 2018August 2018	78,000 /yr
1109	2-bed	908 sqft	AED 1.64MAED 1,637,000 · Jul 2023July 2023	102,000 /yr
1110	1-bed	479 sqft	AED 863KAED 863,100 · Apr 2022April 2022	73,500 /yr
1111	1-bed	477 sqft	AED 1.1MAED 1,100,000 · Sep 2025September 2025
1112	1-bed	476 sqft	AED 627KAED 626,901 · Sep 2018September 2018	60,000 /yr
1113	1-bed	485 sqft	AED 1.08MAED 1,075,000 · Aug 2025August 2025	50,000 /yr
1114	1-bed	485 sqft	AED 640KAED 640,211 · Sep 2018September 2018	58,000 /yr
1115	1-bed	478 sqft	AED 640KAED 640,211 · May 2018May 2018	60,000 /yr
1116	1-bed	475 sqft	AED 632KAED 632,225 · Feb 2018February 2018	71,400 /yr
1117	1-bed	475 sqft	AED 632KAED 632,225 · Sep 2018September 2018	65,000 /yr
1118	1-bed	475 sqft	AED 1.1MAED 1,100,000 · Sep 2025September 2025	65,000 /yr
1119	1-bed	475 sqft	AED 1.01MAED 1,010,000 · Aug 2025August 2025
1120	1-bed	474 sqft	AED 910KAED 910,000 · Nov 2023November 2023
1121	2-bed	905 sqft	AED 1.21MAED 1,205,886 · May 2018May 2018	105,000 /yr

1–7 of 20

1101, Vera Residences in numbers

Sold once: by DAMAC on 1 May 2018 for AED 1,200,562, or AED 1,334 per sqft.
Rented since October 2022 on 4 Ejari contracts, from AED 87,500 to AED 115,500 a year.
At AED 115,500 a year the gross yield on the 2018 price is 9.6%, 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 1 May 2026.

Questions about 1101, Vera Residences

What did unit 1101 last sell for?

AED 1,200,562 on 1 May 2018, sold by the developer: AED 1,334 per sqft for 900 sqft. It is the only registered sale of the unit.

What is the rent for unit 1101?

AED 115,500 a year on the contract renewed on 1 May 2026. The previous contract, from May 2024, was AED 110,000; the unit has been rented since October 2022.

How big is unit 1101?

900 sqft (83.6 sqm): a two-bedroom apartment on the 11th floor of a 28-storey tower completed in 2022.

What is unit 1101 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 1101, Vera Residences

Starts from the last sale price (AED 1.2M, 1 May 2018). Switch to today's estimate once you have unlocked it.

Price: AED 1,200,562
Deposit, UAE resident (20%): AED 240,112
Deposit, non-resident (40%): AED 480,225
Monthly over 25 years at 3.7%: AED 4,912

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