2-bed · 908 sqftVera Residences, Business Bay · 12th floor · completed 2022

1209, Vera Residences

Sold prices and rental history: sold twice, last in September 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1209 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 1.75M1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1209, Vera Residences

What is 1209 worth today?

Last sold for AED 1,750,000 in 2025

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1 Sep 2025SoldReady
AED 1,750,000AED 1,926 per sqft
8 Feb 2018Sold by developerOff-plan
AED 1,204,000AED 1,325 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
2-bed apartment
Size
908 sqft
Floor
12th of 28
Parking
P1-095
Developer
DAMAC
Completed
2022
Service charge
AED 20,000 /yr
Last sold
AED 1.75M · September 2025

About 1209, Vera Residences

1209 is a two-bedroom apartment of 908 sqft on the 12th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 1 September 2025 for AED 1,750,000, or AED 1,926 per sqft, 15% above the AED 1,668 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1209 over time

Sales
Unit 1209, each saleTypical two-bed in Vera Residences
1.25M1.5M1.75M2018202120242027Typical 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, February 2018: AED 1,204,000 (AED 1,325 per sqft)Sold, September 2025: AED 1,750,000 (AED 1,926 per sqft)

1209 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1209, 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 100,000

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 1209 sits

All 225 2-beds →

1209 last sold in September 2025 at AED 1,926 per sqft, 15% above what two-beds in Vera Residences were fetching at the time (AED 1,668). 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.

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 12th floor

All 522 units in Vera Residences
Value
12012-bedAED 1.94M · Apr 2024
12022-bedAED 1.24M · Feb 2018
12031-bedAED 990K · Feb 2024
12042-bedAED 1.24M · Feb 2018
12052-bedAED 1.49M · Jul 2024
12062-bedAED 1.2M · Feb 2018
12072-bedAED 1.2M · Feb 2018
1–7 of 20

1209, Vera Residences in numbers

  • Sold twice: first on 8 February 2018 for AED 1,204,000, last on 1 September 2025 for AED 1,750,000 (AED 1,926 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 September 2025.

Questions about 1209, Vera Residences

What did unit 1209 last sell for?

AED 1,750,000 on 1 September 2025: AED 1,926 per sqft for 908 sqft. The unit has 2 registered sales; the first was AED 1,204,000 in February 2018.

How big is unit 1209?

908 sqft (84.4 sqm): a two-bedroom apartment on the 12th floor of a 28-storey tower completed in 2022.

What is unit 1209 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 1209, Vera Residences

Starts from the last sale price (AED 1.75M, 1 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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