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

1109, 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 July 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1109 · DLD and Ejari recordsUpdated 26 August 2026

Last soldAED 1.64M5 July 2023

Current rentAED 102K /yr26 August 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1109, Vera Residences

Today

What is 1109 worth today?

Last sold for AED 1,637,000 in 2023

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26 Aug 2026

26 Aug 2026RentedNew contract

AED 102,000/yr12 months · AED 113 per sqft

1 Sep 2025

1 Sep 2025RentedNew contract

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

5 Jul 2023

5 Jul 2023SoldReady

AED 1,637,000AED 1,802 per sqft

12 Dec 2021

12 Dec 2021Sold by developerOff-plan

AED 1,326,000AED 1,460 per sqft

Source: Dubai Land Department. Updated 26 August 2026.

Key facts

Type: 2-bed apartment
Size: 908 sqft
Floor: 11th of 28
Parking: P1-086
Developer: DAMAC
Completed: 2022
Service charge: AED 20,000 /yr
Last sold: AED 1.64M · July 2023
Building: Vera Residences

About 1109, Vera Residences

1109 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. It last sold on 5 July 2023 for AED 1,637,000, or AED 1,802 per sqft, 17% above the AED 1,540 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 26 August 2026, is AED 102,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 20,000 a year.

Sales and rents for 1109 over time

Sales

Unit 1109, each saleTypical two-bed in Vera Residences

1109 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1109, 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 1109 sits

All 225 2-beds →

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

1109 last sold in July 2023 at AED 1,802 per sqft, 17% above what two-beds in Vera Residences were fetching at the time (AED 1,540). 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. 1109's AED 102,000 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
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
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

1109, Vera Residences in numbers

Sold twice: first on 12 December 2021 for AED 1,326,000, last on 5 July 2023 for AED 1,637,000 (AED 1,802 per sqft).
Rented since September 2025 on 2 Ejari contracts, from AED 105,000 to AED 102,000 a year.
At AED 102,000 a year the gross yield on the 2023 price is 6.2%, 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 26 August 2026.

Questions about 1109, Vera Residences

What did unit 1109 last sell for?

AED 1,637,000 on 5 July 2023: AED 1,802 per sqft for 908 sqft. The unit has 2 registered sales; the first was AED 1,326,000 in December 2021.

What is the rent for unit 1109?

AED 102,000 a year on the contract signed on 26 August 2026. The previous contract, from September 2025, was AED 105,000.

How big is unit 1109?

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

What is unit 1109 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 1109, Vera Residences

Starts from the last sale price (AED 1.64M, 5 July 2023). Switch to today's estimate once you have unlocked it.

Price: AED 1,637,000
Deposit, UAE resident (20%): AED 327,400
Deposit, non-resident (40%): AED 654,800
Monthly over 25 years at 3.7%: AED 6,697

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