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

1106, 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 twice, last in October 2024, 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 1106 · DLD and Ejari recordsUpdated 1 October 2026

Last soldAED 1.4M31 October 2024

Current rentAED 126K /yr1 October 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1106, Vera Residences

Today

What is 1106 worth today?

Last sold for AED 1,400,000 in 2024

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1 Oct 2026

1 Oct 2026RentedNew contract

AED 126,000/yr12 months · AED 140 per sqft

1 Oct 2025

1 Oct 2025RentedNew contract

AED 135,000/yr12 months · AED 150 per sqft

31 Oct 2024

31 Oct 2024SoldReady

AED 1,400,000AED 1,555 per sqft

5 Oct 2023

5 Oct 2023RentedNew contract

AED 95,000/yr12 months · AED 105 per sqft

5 Oct 2022

5 Oct 2022RentedNew contract

AED 82,000/yr12 months · AED 91 per sqft

30 Jun 2020

30 Jun 2020Sold by developerOff-plan

AED 1,200,562AED 1,333 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type: 2-bed apartment
Size: 900 sqft
Floor: 11th of 28
Parking: P1-083
Developer: DAMAC
Completed: 2022
Service charge: AED 19,800 /yr
Last sold: AED 1.4M · October 2024
Building: Vera Residences

About 1106, Vera Residences

1106 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. It last sold on 31 October 2024 for AED 1,400,000, or AED 1,555 per sqft, 8% below the AED 1,690 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 October 2026, is AED 126,000 a year: a gross yield of 9.0% on the 2024 price, before the service charge of about AED 19,800 a year.

Sales and rents for 1106 over time

Sales

Unit 1106, each saleTypical two-bed in Vera Residences

1106 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1106, 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 1106 sits

All 225 2-beds →

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

1106 last sold in October 2024 at AED 1,555 per sqft, 8% below what two-beds in Vera Residences were fetching at the time (AED 1,690). 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. 1106's AED 126,000 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


1101	2-bed	900 sqft	AED 1.2MAED 1,200,562 · May 2018May 2018	115,500 /yr
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
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

1106, Vera Residences in numbers

Sold twice: first on 30 June 2020 for AED 1,200,562, last on 31 October 2024 for AED 1,400,000 (AED 1,555 per sqft).
Rented since October 2022 on 4 Ejari contracts, from AED 82,000 to AED 126,000 a year.
At AED 126,000 a year the gross yield on the 2024 price is 9.0%, 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 October 2026.

Questions about 1106, Vera Residences

What did unit 1106 last sell for?

AED 1,400,000 on 31 October 2024: AED 1,555 per sqft for 900 sqft. The unit has 2 registered sales; the first was AED 1,200,562 in June 2020.

What is the rent for unit 1106?

AED 126,000 a year on the contract signed on 1 October 2026. The previous contract, from October 2025, was AED 135,000; the unit has been rented since October 2022.

How big is unit 1106?

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

What is unit 1106 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 1106, Vera Residences

Starts from the last sale price (AED 1.4M, 31 October 2024). Switch to today's estimate once you have unlocked it.

Price: AED 1,400,000
Deposit, UAE resident (20%): AED 280,000
Deposit, non-resident (40%): AED 560,000
Monthly over 25 years at 3.7%: AED 5,728

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