2-bed · 905 sqftVera Residences, Business Bay · 13th floor · completed 2022

1305, Vera Residences

Sold prices and rental history: sold twice, last in September 2025, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1305 · DLD and Ejari recordsUpdated 10 September 2025
Last soldAED 1.58M10 September 2025
Current rentAED 130K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1305, Vera Residences

What is 1305 worth today?

Last sold for AED 1,580,000 in 2025

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10 Sep 2025SoldReady
AED 1,580,000AED 1,745 per sqft
1 Apr 2024RentedRenewal
AED 130,000/yr12 months · AED 144 per sqft
1 Apr 2023RentedNew contract
AED 130,000/yr12 months · AED 144 per sqft
11 Feb 2018Sold by developerOff-plan
AED 1,205,000AED 1,330 per sqft

Source: Dubai Land Department. Updated 10 September 2025.

Key facts

Type
2-bed apartment
Size
905 sqft
Floor
13th of 28
Parking
P1-100
Developer
DAMAC
Completed
2022
Service charge
AED 20,000 /yr
Last sold
AED 1.58M · September 2025

About 1305, Vera Residences

1305 is a two-bedroom apartment of 905 sqft on the 13th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 10 September 2025 for AED 1,580,000, or AED 1,745 per sqft, in line with the AED 1,707 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 130,000 a year: a gross yield of 8.2% on the 2025 price, before the service charge of about AED 20,000 a year.

Sales and rents for 1305 over time

Sales
Unit 1305, 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, February 2018: AED 1,205,000 (AED 1,330 per sqft)Sold, September 2025: AED 1,580,000 (AED 1,745 per sqft)

1305 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1305, each contractTypical two-bed in Vera Residences
100K120K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 99,375; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 100,000New contract, April 2023: AED 130,000 a yearRenewal, April 2024: AED 130,000 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 1305 sits

All 225 2-beds →

1305 last sold in September 2025 at AED 1,745 per sqft, in line with what two-beds in Vera Residences were fetching at the time (AED 1,707). 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. 1305's AED 130,000 is in the upper 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 13th floor

All 522 units in Vera Residences
Value
13012-bedAED 1.3M · Dec 2018
13022-bedAED 1.24M · Feb 2018
13031-bedAED 750K · Feb 2018
13042-bedAED 1.24M · Feb 2018
13062-bedAED 1.7M · Oct 2024
13072-bedAED 1.2M · Feb 2018
13082-bedAED 1.2M · Feb 2018
1–7 of 20

1305, Vera Residences in numbers

  • Sold twice: first on 11 February 2018 for AED 1,205,000, last on 10 September 2025 for AED 1,580,000 (AED 1,745 per sqft).
  • Rented since April 2023 on 2 Ejari contracts, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2025 price is 8.2%, 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 10 September 2025.

Questions about 1305, Vera Residences

What did unit 1305 last sell for?

AED 1,580,000 on 10 September 2025: AED 1,745 per sqft for 905 sqft. The unit has 2 registered sales; the first was AED 1,205,000 in February 2018.

What is the rent for unit 1305?

AED 130,000 a year on the contract renewed on 1 April 2024. The previous contract, from April 2023, was AED 130,000.

How big is unit 1305?

905 sqft (84.1 sqm): a two-bedroom apartment on the 13th floor of a 28-storey tower completed in 2022.

What is unit 1305 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 1305, Vera Residences

Starts from the last sale price (AED 1.58M, 10 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,580,000
Deposit, UAE resident (20%)
AED 316,000
Deposit, non-resident (40%)
AED 632,000
Monthly over 25 years at 3.7%
AED 6,464

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