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2-bed · 899 sqftVera Residences, Business Bay · 17th floor · completed 2022

1708, Vera Residences

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

Unit 1708 · DLD and Ejari recordsUpdated 25 August 2026
Last soldAED 1.5M21 July 2025
Current rentAED 83K /yr25 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1708, Vera Residences

What is 1708 worth today?

Last sold for AED 1,500,000 in 2025

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25 Aug 2026RentedRenewal
AED 83,000/yr12 months · AED 92 per sqft
25 Aug 2025RentedNew contract
AED 104,000/yr12 months · AED 116 per sqft
21 Jul 2025SoldReady
AED 1,500,000AED 1,668 per sqft
7 Jun 2018Sold by developerOff-plan
AED 1,280,000AED 1,423 per sqft

Source: Dubai Land Department. Updated 25 August 2026.

Key facts

Type
2-bed apartment
Size
899 sqft
Floor
17th of 28
Parking
P1-055
Developer
DAMAC
Completed
2022
Service charge
AED 19,800 /yr
Last sold
AED 1.5M · July 2025
Building
Vera Residences

About 1708, Vera Residences

1708 is a two-bedroom apartment of 899 sqft on the 17th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 21 July 2025 for AED 1,500,000, or AED 1,668 per sqft, in line with the AED 1,668 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 25 August 2026, is AED 83,000 a year: a gross yield of 5.5% on the 2025 price, before the service charge of about AED 19,800 a year.

Sales and rents for 1708 over time

Sales
Unit 1708, 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, June 2018: AED 1,280,000 (AED 1,423 per sqft)Sold, July 2025: AED 1,500,000 (AED 1,668 per sqft)

1708 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1708, each contractTypical two-bed in Vera Residences
80K100K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 99,375; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 100,000New contract, August 2025: AED 104,000 a yearRenewal, August 2026: AED 83,000 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 1708 sits

All 225 2-beds →

1708 last sold in July 2025 at AED 1,668 per sqft, in line with 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. 1708's AED 83,000 is in the lower 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 17th floor

All 522 units in Vera Residences
Value
17012-bedAED 1.24M · Feb 2018
17022-bedAED 1.24M · Mar 2018
17031-bedAED 724K · Feb 2018
17042-bedAED 1.19M · Feb 2018
17052-bedAED 1.16M · Feb 2018
17062-bedAED 1.15M · Feb 2018
17072-bedAED 1.53M · Jan 2024
1–7 of 20

1708, Vera Residences in numbers

  • Sold twice: first on 7 June 2018 for AED 1,280,000, last on 21 July 2025 for AED 1,500,000 (AED 1,668 per sqft).
  • Rented since August 2025 on 2 Ejari contracts, from AED 104,000 to AED 83,000 a year.
  • At AED 83,000 a year the gross yield on the 2025 price is 5.5%, before a service charge of about AED 19,800 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 25 August 2026.

Questions about 1708, Vera Residences

What did unit 1708 last sell for?

AED 1,500,000 on 21 July 2025: AED 1,668 per sqft for 899 sqft. The unit has 2 registered sales; the first was AED 1,280,000 in June 2018.

What is the rent for unit 1708?

AED 83,000 a year on the contract renewed on 25 August 2026. The previous contract, from August 2025, was AED 104,000.

How big is unit 1708?

899 sqft (83.5 sqm): a two-bedroom apartment on the 17th floor of a 28-storey tower completed in 2022.

What is unit 1708 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 1708, Vera Residences

Starts from the last sale price (AED 1.5M, 21 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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