2-bed · 899 sqftVera Residences, Business Bay · 18th floor · completed 2022

1808, 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 once, by the developer in February 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1808 · DLD and Ejari recordsUpdated 1 July 2026

Last soldAED 1.15M11 February 2018

Current rentAED 100K /yr1 July 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1808, Vera Residences

Today

What is 1808 worth today?

Last sold for AED 1,152,960 in 2018

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1 Jul 2026

1 Jul 2026RentedNew contract

AED 100,000/yr12 months · AED 111 per sqft

1 Dec 2025

1 Dec 2025RentedNew contract

AED 113,000/yr12 months · AED 125 per sqft

1 Dec 2025

1 Dec 2025RentedNew contract

AED 113,000/yr12 months · AED 126 per sqft

1 Dec 2024

1 Dec 2024RentedRenewal

AED 113,000/yr12 months · AED 125 per sqft

1 Dec 2023

1 Dec 2023RentedNew contract

AED 110,000/yr12 months · AED 122 per sqft

15 Nov 2022

15 Nov 2022RentedNew contract

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

11 Feb 2018

11 Feb 2018Sold by developerOff-plan

AED 1,152,960AED 1,282 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type: 2-bed apartment
Size: 899 sqft
Floor: 18th of 28
Parking: P1-048
Developer: DAMAC
Completed: 2022
Service charge: AED 19,800 /yr
Last sold: AED 1.15M · February 2018
Building: Vera Residences

About 1808, Vera Residences

1808 is a two-bedroom apartment of 899 sqft on the 18th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 11 February 2018 for AED 1,152,960, or AED 1,282 per sqft, 4% below the AED 1,330 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 1 July 2026, is AED 100,000 a year: a gross yield of 8.7% on the 2018 price, before the service charge of about AED 19,800 a year.

Sales and rents for 1808 over time

Sales

Unit 1808, each saleTypical two-bed in Vera Residences

1808 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1808, 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 1808 sits

All 225 2-beds →

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

1808 last sold in February 2018 at AED 1,282 per sqft, 4% below what two-beds in Vera Residences were fetching at the time (AED 1,330). 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. 1808's AED 100,000 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 18th floor

All 522 units in Vera Residences


1801	2-bed	900 sqft	AED 1.19MAED 1,187,520 · Feb 2018February 2018	100,000 /yr
1802	2-bed	890 sqft	AED 1.19MAED 1,191,360 · Feb 2018February 2018	100,000 /yr
1803	1-bed	473 sqft	AED 779KAED 779,000 · Feb 2018February 2018	75,000 /yr
1804	2-bed	908 sqft	AED 1.24MAED 1,244,000 · Feb 2018February 2018	85,000 /yr
1805	2-bed	905 sqft	AED 1.45MAED 1,450,000 · Jan 2024January 2024	120,000 /yr
1806	2-bed	900 sqft	AED 1.28MAED 1,284,000 · Feb 2019February 2019
1807	2-bed	902 sqft	AED 1.15MAED 1,152,960 · Feb 2018February 2018	100,000 /yr
1809	2-bed	908 sqft	AED 1.16MAED 1,160,640 · Feb 2018February 2018	113,000 /yr
1810	1-bed	479 sqft	AED 760KAED 760,000 · Feb 2018February 2018	70,000 /yr
1811	1-bed	477 sqft	AED 752KAED 752,000 · Feb 2018February 2018	75,000 /yr
1812	1-bed	476 sqft	AED 698KAED 697,920 · Feb 2018February 2018	73,000 /yr
1813	1-bed	475 sqft	AED 702KAED 701,760 · Feb 2018February 2018	73,000 /yr
1814	1-bed	479 sqft	AED 712KAED 712,320 · Feb 2018February 2018	60,000 /yr
1815	1-bed	478 sqft	AED 735KAED 735,360 · Feb 2018February 2018	66,000 /yr
1816	1-bed	475 sqft	AED 727KAED 726,720 · Feb 2018February 2018	73,000 /yr
1817	1-bed	475 sqft	AED 727KAED 726,720 · Feb 2018February 2018	73,500 /yr
1818	1-bed	475 sqft	AED 780KAED 780,000 · Feb 2018February 2018	71,662 /yr
1819	1-bed	475 sqft	AED 780KAED 780,000 · Feb 2018February 2018	80,000 /yr
1820	1-bed	474 sqft	AED 780KAED 780,000 · Feb 2018February 2018	60,000 /yr
1821	2-bed	905 sqft	AED 1.24MAED 1,243,000 · Feb 2018February 2018	95,000 /yr

1–7 of 20

1808, Vera Residences in numbers

Sold once: by DAMAC on 11 February 2018 for AED 1,152,960, or AED 1,282 per sqft.
Rented since November 2022 on 6 Ejari contracts, from AED 90,000 to AED 100,000 a year.
At AED 100,000 a year the gross yield on the 2018 price is 8.7%, 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 1 July 2026.

Questions about 1808, Vera Residences

What did unit 1808 last sell for?

AED 1,152,960 on 11 February 2018, sold by the developer: AED 1,282 per sqft for 899 sqft. It is the only registered sale of the unit.

What is the rent for unit 1808?

AED 100,000 a year on the contract signed on 1 July 2026. The previous contract, from December 2025, was AED 113,000; the unit has been rented since November 2022.

How big is unit 1808?

899 sqft (83.5 sqm): a two-bedroom apartment on the 18th floor of a 28-storey tower completed in 2022.

What is unit 1808 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 1808, Vera Residences

Starts from the last sale price (AED 1.15M, 11 February 2018). Switch to today's estimate once you have unlocked it.

Price: AED 1,152,960
Deposit, UAE resident (20%): AED 230,592
Deposit, non-resident (40%): AED 461,184
Monthly over 25 years at 3.7%: AED 4,717

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