2-bed · 908 sqftVera Residences, Business Bay · 11th floor · completed 2022

1104, Vera Residences

Sold prices and rental history: sold once, by the developer in June 2019, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1104 · DLD and Ejari recordsUpdated 2 September 2026
Last soldAED 1.31M20 June 2019
Current rentAED 85K /yr2 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, Vera Residences

What is 1104 worth today?

Last sold for AED 1,312,000 in 2019

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2 Sep 2026RentedNew contract
AED 85,000/yr12 months · AED 94 per sqft
1 Jan 2025RentedNew contract
AED 110,000/yr12 months · AED 121 per sqft
1 Jan 2025RentedNew contract
AED 110,000/yr12 months · AED 121 per sqft
20 Jun 2019Sold by developerOff-plan
AED 1,312,000AED 1,445 per sqft

Source: Dubai Land Department. Updated 2 September 2026.

Key facts

Type
2-bed apartment
Size
908 sqft
Floor
11th of 28
Parking
P1-081
Developer
DAMAC
Completed
2022
Service charge
AED 20,000 /yr
Last sold
AED 1.31M · June 2019

About 1104, Vera Residences

1104 is a two-bedroom apartment of 908 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 20 June 2019 for AED 1,312,000, or AED 1,445 per sqft, in line with the AED 1,438 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 2 September 2026, is AED 85,000 a year: a gross yield of 6.5% on the 2019 price, before the service charge of about AED 20,000 a year.

Sales and rents for 1104 over time

Sales
Unit 1104, 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, June 2019: AED 1,312,000 (AED 1,445 per sqft)

1104 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1104, each contractTypical two-bed in Vera Residences
100K202220242026Typical 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 110,000 a yearNew contract, January 2025: AED 110,000 a yearNew contract, September 2026: AED 85,000 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 1104 sits

All 225 2-beds →

1104 last sold in June 2019 at AED 1,445 per sqft, in line with what two-beds in Vera Residences were fetching at the time (AED 1,438). 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. 1104's AED 85,000 is in the lower 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 11th floor

All 522 units in Vera Residences
Value
11012-bedAED 1.2M · May 2018
11022-bedAED 1.53M · Aug 2026
11031-bedAED 975K · Oct 2023
11052-bedAED 1.46M · Nov 2024
11062-bedAED 1.4M · Oct 2024
11072-bedAED 1.4M · Nov 2024
11082-bedAED 1.2M · Aug 2018
1–7 of 20

1104, Vera Residences in numbers

  • Sold once: by DAMAC on 20 June 2019 for AED 1,312,000, or AED 1,445 per sqft.
  • Rented since January 2025 on 3 Ejari contracts, from AED 110,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2019 price is 6.5%, 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 2 September 2026.

Questions about 1104, Vera Residences

What did unit 1104 last sell for?

AED 1,312,000 on 20 June 2019, sold by the developer: AED 1,445 per sqft for 908 sqft. It is the only registered sale of the unit.

What is the rent for unit 1104?

AED 85,000 a year on the contract signed on 2 September 2026. The previous contract, from January 2025, was AED 110,000; the unit has been rented since January 2025.

How big is unit 1104?

908 sqft (84.4 sqm): a two-bedroom apartment on the 11th floor of a 28-storey tower completed in 2022.

What is unit 1104 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 1104, Vera Residences

Starts from the last sale price (AED 1.31M, 20 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,312,000
Deposit, UAE resident (20%)
AED 262,400
Deposit, non-resident (40%)
AED 524,800
Monthly over 25 years at 3.7%
AED 5,368

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