2-bed · 908 sqftVera Residences, Business Bay · 17th floor · completed 2022

1709, 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 4 times, last in November 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1709 · DLD and Ejari recordsUpdated 8 August 2026

Last soldAED 1.55M20 November 2023

Current rentAED 80K /yr8 August 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1709, Vera Residences

Today

What is 1709 worth today?

Last sold for AED 1,550,000 in 2023

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8 Aug 2026

8 Aug 2026RentedNew contract

AED 80,000/yr12 months · AED 88 per sqft

2 Jul 2025

2 Jul 2025RentedRenewal

AED 125,000/yr12 months · AED 138 per sqft

2 Jul 2025

2 Jul 2025RentedRenewal

AED 125,000/yr12 months · AED 138 per sqft

2 Jul 2024

2 Jul 2024RentedNew contract

AED 115,000/yr12 months · AED 127 per sqft

20 Nov 2023

20 Nov 2023SoldReady

AED 1,550,000AED 1,706 per sqft

1 Jul 2022

1 Jul 2022SoldReady

AED 1,400,000AED 1,541 per sqft

3 Jun 2022

3 Jun 2022SoldOff-plan

AED 1,050,000AED 1,156 per sqft

18 Feb 2018

18 Feb 2018Sold by developerOff-plan

AED 1,208,000AED 1,330 per sqft

Source: Dubai Land Department. Updated 8 August 2026.

Key facts

Type: 2-bed apartment
Size: 908 sqft
Floor: 17th of 28
Parking: P1-056
Developer: DAMAC
Completed: 2022
Service charge: AED 20,000 /yr
Last sold: AED 1.55M · November 2023
Building: Vera Residences

About 1709, Vera Residences

1709 is a two-bedroom apartment of 908 sqft on the 17th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 20 November 2023 for AED 1,550,000, or AED 1,706 per sqft, 9% above the AED 1,560 two-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 8 August 2026, is AED 80,000 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 20,000 a year.

Sales and rents for 1709 over time

Sales

Unit 1709, each saleTypical two-bed in Vera Residences

1709 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1709, 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 1709 sits

All 225 2-beds →

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

1709 last sold in November 2023 at AED 1,706 per sqft, 9% above what two-beds in Vera Residences were fetching at the time (AED 1,560). 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. 1709's AED 80,000 is in the lower 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 17th floor

All 522 units in Vera Residences


1701	2-bed	900 sqft	AED 1.24MAED 1,236,000 · Feb 2018February 2018	85,000 /yr
1702	2-bed	890 sqft	AED 1.24MAED 1,240,000 · Mar 2018March 2018	120,000 /yr
1703	1-bed	473 sqft	AED 724KAED 723,840 · Feb 2018February 2018	80,000 /yr
1704	2-bed	908 sqft	AED 1.19MAED 1,193,280 · Feb 2018February 2018	100,000 /yr
1705	2-bed	905 sqft	AED 1.16MAED 1,159,680 · Feb 2018February 2018	104,055 /yr
1706	2-bed	900 sqft	AED 1.15MAED 1,152,000 · Feb 2018February 2018	108,150 /yr
1707	2-bed	902 sqft	AED 1.53MAED 1,530,000 · Jan 2024January 2024	85,000 /yr
1708	2-bed	899 sqft	AED 1.5MAED 1,500,000 · Jul 2025July 2025	83,000 /yr
1710	1-bed	479 sqft	AED 706KAED 705,600 · Feb 2018February 2018	60,000 /yr
1711	1-bed	477 sqft	AED 698KAED 697,920 · Feb 2018February 2018	60,000 /yr
1712	1-bed	476 sqft	AED 900KAED 900,000 · Sep 2023September 2023	68,000 /yr
1713	1-bed	475 sqft	AED 730KAED 730,000 · Apr 2018April 2018	70,000 /yr
1714	1-bed	485 sqft	AED 1.02MAED 1,015,000 · Aug 2026August 2026	75,000 /yr
1715	1-bed	478 sqft	AED 765KAED 765,000 · Feb 2018February 2018	72,000 /yr
1716	1-bed	475 sqft	AED 756KAED 756,000 · Apr 2018April 2018	81,105 /yr
1717	1-bed	475 sqft	AED 800KAED 800,000 · Mar 2023March 2023	80,000 /yr
1718	1-bed	475 sqft	AED 726KAED 725,760 · Feb 2018February 2018	73,500 /yr
1719	1-bed	475 sqft	AED 726KAED 725,760 · Feb 2018February 2018	60,000 /yr
1720	1-bed	474 sqft	AED 726KAED 725,760 · Feb 2018February 2018	78,750 /yr
1721	2-bed	905 sqft	AED 1.19MAED 1,192,320 · Feb 2018February 2018	100,000 /yr

1–7 of 20

1709, Vera Residences in numbers

Sold 4 times: first on 18 February 2018 for AED 1,208,000, last on 20 November 2023 for AED 1,550,000 (AED 1,706 per sqft).
Rented since July 2024 on 4 Ejari contracts, from AED 115,000 to AED 80,000 a year.
At AED 80,000 a year the gross yield on the 2023 price is 5.2%, 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 8 August 2026.

Questions about 1709, Vera Residences

What did unit 1709 last sell for?

AED 1,550,000 on 20 November 2023: AED 1,706 per sqft for 908 sqft. The unit has 4 registered sales; the first was AED 1,208,000 in February 2018.

What is the rent for unit 1709?

AED 80,000 a year on the contract signed on 8 August 2026. The previous contract, from July 2025, was AED 125,000; the unit has been rented since July 2024.

How big is unit 1709?

908 sqft (84.4 sqm): a two-bedroom apartment on the 17th floor of a 28-storey tower completed in 2022.

What is unit 1709 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 1709, Vera Residences

Starts from the last sale price (AED 1.55M, 20 November 2023). Switch to today's estimate once you have unlocked it.

Price: AED 1,550,000
Deposit, UAE resident (20%): AED 310,000
Deposit, non-resident (40%): AED 620,000
Monthly over 25 years at 3.7%: AED 6,342

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