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

1321, Vera Residences

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1321 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 1.24M26 February 2018
Current rentAED 105K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1321, Vera Residences

What is 1321 worth today?

Last sold for AED 1,238,000 in 2018

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1 Mar 2026RentedRenewal
AED 105,000/yr12 months · AED 116 per sqft
1 Mar 2025RentedNew contract
AED 105,000/yr12 months · AED 116 per sqft
1 Mar 2025RentedNew contract
AED 105,000/yr12 months · AED 116 per sqft
15 Feb 2024RentedRenewal
AED 125,000/yr12 months · AED 138 per sqft
15 Feb 2023RentedNew contract
AED 125,000/yr12 months · AED 138 per sqft
26 Feb 2018Sold by developerOff-plan
AED 1,238,000AED 1,367 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
2-bed apartment
Size
905 sqft
Floor
13th of 28
Parking
P1-105
Developer
DAMAC
Completed
2022
Service charge
AED 19,900 /yr
Last sold
AED 1.24M · February 2018

About 1321, Vera Residences

1321 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. The developer sold it on 26 February 2018 for AED 1,238,000, or AED 1,367 per sqft, in line with the AED 1,332 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 105,000 a year: a gross yield of 8.5% on the 2018 price, before the service charge of about AED 19,900 a year.

Sales and rents for 1321 over time

Sales
Unit 1321, 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 1,238,000 (AED 1,367 per sqft)

1321 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1321, 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, February 2023: AED 125,000 a yearRenewal, February 2024: AED 125,000 a yearNew contract, March 2025: AED 105,000 a yearNew contract, March 2025: AED 105,000 a yearRenewal, March 2026: AED 105,000 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 1321 sits

All 225 2-beds →

1321 last sold in February 2018 at AED 1,367 per sqft, in line with what two-beds in Vera Residences were fetching at the time (AED 1,332). 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. 1321's AED 105,000 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
13052-bedAED 1.58M · Sep 2025
13062-bedAED 1.7M · Oct 2024
13072-bedAED 1.2M · Feb 2018
1–7 of 20

1321, Vera Residences in numbers

  • Sold once: by DAMAC on 26 February 2018 for AED 1,238,000, or AED 1,367 per sqft.
  • Rented since February 2023 on 5 Ejari contracts, from AED 125,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2018 price is 8.5%, before a service charge of about AED 19,900 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 March 2026.

Questions about 1321, Vera Residences

What did unit 1321 last sell for?

AED 1,238,000 on 26 February 2018, sold by the developer: AED 1,367 per sqft for 905 sqft. It is the only registered sale of the unit.

What is the rent for unit 1321?

AED 105,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 105,000; the unit has been rented since February 2023.

How big is unit 1321?

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

What is unit 1321 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 1321, Vera Residences

Starts from the last sale price (AED 1.24M, 26 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,238,000
Deposit, UAE resident (20%)
AED 247,600
Deposit, non-resident (40%)
AED 495,200
Monthly over 25 years at 3.7%
AED 5,065

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