2-bed · 908 sqftVera Residences, Business Bay · 14th floor · completed 2022

1404, 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 August 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1404 · DLD and Ejari recordsUpdated 1 January 2026

Last soldAED 1.02M24 August 2022

Current rentAED 103K /yr1 January 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1404, Vera Residences

Today

What is 1404 worth today?

Last sold for AED 1,020,000 in 2022

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1 Jan 2026

1 Jan 2026RentedNew contract

AED 103,000/yr12 months · AED 114 per sqft

28 Nov 2023

28 Nov 2023RentedRenewal

AED 94,500/yr12 months · AED 105 per sqft

28 Nov 2022

28 Nov 2022RentedNew contract

AED 90,000/yr12 months · AED 100 per sqft

24 Aug 2022

24 Aug 2022SoldReady

AED 1,020,000AED 1,123 per sqft

13 Feb 2018

13 Feb 2018Sold by developerOff-plan

AED 1,240,000AED 1,365 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type: 2-bed apartment
Size: 908 sqft
Floor: 14th of 28
Parking: P1-108
Developer: DAMAC
Completed: 2022
Service charge: AED 20,000 /yr
Last sold: AED 1.02M · August 2022
Building: Vera Residences

About 1404, Vera Residences

1404 is a two-bedroom apartment of 908 sqft on the 14th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 24 August 2022 for AED 1,020,000, or AED 1,123 per sqft, 28% below the AED 1,564 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 January 2026, is AED 103,000 a year: a gross yield of 10.1% on the 2022 price, before the service charge of about AED 20,000 a year.

Sales and rents for 1404 over time

Sales

Unit 1404, each saleTypical two-bed in Vera Residences

1404 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1404, 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 1404 sits

All 225 2-beds →

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

1404 last sold in August 2022 at AED 1,123 per sqft, 28% below what two-beds in Vera Residences were fetching at the time (AED 1,564). 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. 1404's AED 103,000 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 14th floor

All 522 units in Vera Residences


1401	2-bed	900 sqft	AED 1.31MAED 1,313,000 · Jul 2018July 2018
1402	2-bed	890 sqft	AED 1.24MAED 1,238,000 · Feb 2018February 2018	88,000 /yr
1403	1-bed	513 sqft	AED 1.3MAED 1,300,000 · Jan 2024January 2024	75,000 /yr
1405	2-bed	905 sqft	AED 1.21MAED 1,205,000 · Feb 2018February 2018	85,000 /yr
1406	2-bed	900 sqft	AED 1.2MAED 1,197,000 · Apr 2018April 2018	82,000 /yr
1407	2-bed	902 sqft	AED 1.55MAED 1,546,373 · Sep 2026September 2026	114,000 /yr
1408	2-bed	899 sqft	AED 1.48MAED 1,475,000 · Oct 2025October 2025	120,000 /yr
1409	2-bed	908 sqft	AED 1.29MAED 1,290,000 · Apr 2018April 2018	120,000 /yr
1410	1-bed	479 sqft	AED 794KAED 794,000 · Jul 2018July 2018	70,000 /yr
1411	1-bed	477 sqft	AED 725KAED 725,000 · Feb 2018February 2018	86,250 /yr
1412	1-bed	476 sqft	AED 723KAED 723,000 · Feb 2018February 2018	58,000 /yr
1413	1-bed	340 sqft	AED 700KAED 700,000 · Oct 2024October 2024	55,000 /yr
1414	1-bed	479 sqft	AED 738KAED 738,000 · Feb 2018February 2018	60,000 /yr
1415	1-bed	478 sqft	AED 850KAED 850,000 · Feb 2023February 2023	77,000 /yr
1416	1-bed	475 sqft	AED 750KAED 750,000 · Dec 2022December 2022	70,000 /yr
1417	1-bed	475 sqft	AED 753KAED 753,000 · Feb 2018February 2018	90,000 /yr
1418	1-bed	475 sqft	AED 753KAED 753,000 · Feb 2018February 2018	89,751 /yr
1419	1-bed	475 sqft	AED 753KAED 753,000 · Jun 2018June 2018	65,000 /yr
1420	1-bed	474 sqft	AED 777KAED 777,000 · Feb 2018February 2018	85,000 /yr
1421	2-bed	905 sqft	AED 1.24MAED 1,239,000 · Apr 2018April 2018

1–7 of 20

1404, Vera Residences in numbers

Sold twice: first on 13 February 2018 for AED 1,240,000, last on 24 August 2022 for AED 1,020,000 (AED 1,123 per sqft).
Rented since November 2022 on 3 Ejari contracts, from AED 90,000 to AED 103,000 a year.
At AED 103,000 a year the gross yield on the 2022 price is 10.1%, 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 1 January 2026.

Questions about 1404, Vera Residences

What did unit 1404 last sell for?

AED 1,020,000 on 24 August 2022: AED 1,123 per sqft for 908 sqft. The unit has 2 registered sales; the first was AED 1,240,000 in February 2018.

What is the rent for unit 1404?

AED 103,000 a year on the contract signed on 1 January 2026. The previous contract, from November 2023, was AED 94,500; the unit has been rented since November 2022.

How big is unit 1404?

908 sqft (84.4 sqm): a two-bedroom apartment on the 14th floor of a 28-storey tower completed in 2022.

What is unit 1404 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 1404, Vera Residences

Starts from the last sale price (AED 1.02M, 24 August 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,020,000
Deposit, UAE resident (20%): AED 204,000
Deposit, non-resident (40%): AED 408,000
Monthly over 25 years at 3.7%: AED 4,173

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