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2-bed · 890 sqftVera Residences, Business Bay · 19th floor · completed 2022

1902, Vera Residences

Sold prices and rental history: sold twice, last in October 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1902 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 2.04M4 October 2023
Current rentAED 85K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1902, Vera Residences

What is 1902 worth today?

Last sold for AED 2,041,000 in 2023

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1 Oct 2026RentedRenewal
AED 85,000/yr12 months · AED 95 per sqft
17 Sep 2025RentedNew contract
AED 96,257/yr12 months · AED 108 per sqft
4 Oct 2023SoldReady
AED 2,041,000AED 2,292 per sqft
4 Sep 2018Sold by developerOff-plan
AED 1,229,580AED 1,380 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
2-bed apartment
Size
890 sqft
Floor
19th of 28
Parking
P1-034
Developer
DAMAC
Completed
2022
Service charge
AED 19,600 /yr
Last sold
AED 2.04M · October 2023
Building
Vera Residences

About 1902, Vera Residences

1902 is a two-bedroom apartment of 890 sqft on the 19th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 4 October 2023 for AED 2,041,000, or AED 2,292 per sqft, 51% above the AED 1,521 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 1 October 2026, is AED 85,000 a year: a gross yield of 4.2% on the 2023 price, before the service charge of about AED 19,600 a year.

Sales and rents for 1902 over time

Sales
Unit 1902, each saleTypical two-bed in Vera Residences
1.5M2M2018202120242027Typical 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, September 2018: AED 1,229,580 (AED 1,380 per sqft)Sold, October 2023: AED 2,041,000 (AED 2,292 per sqft)

1902 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1902, each contractTypical two-bed in Vera Residences
100K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 99,375; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 100,000New contract, September 2025: AED 96,257 a yearRenewal, October 2026: AED 85,000 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 1902 sits

All 225 2-beds →

1902 last sold in October 2023 at AED 2,292 per sqft, 51% above what two-beds in Vera Residences were fetching at the time (AED 1,521). 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. 1902's AED 85,000 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 19th floor

All 522 units in Vera Residences
Value
19012-bedAED 1.32M · Jun 2018
19031-bedAED 1.25M · Dec 2024
19042-bedAED 1.55M · Oct 2023
19052-bedAED 1.86M · Feb 2025
19062-bedAED 1.15M · Feb 2018
19072-bedAED 1.19M · Jul 2018
19082-bedAED 1.2M · Feb 2018
1–7 of 20

1902, Vera Residences in numbers

  • Sold twice: first on 4 September 2018 for AED 1,229,580, last on 4 October 2023 for AED 2,041,000 (AED 2,292 per sqft).
  • Rented since September 2025 on 2 Ejari contracts, from AED 96,257 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 4.2%, before a service charge of about AED 19,600 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 October 2026.

Questions about 1902, Vera Residences

What did unit 1902 last sell for?

AED 2,041,000 on 4 October 2023: AED 2,292 per sqft for 890 sqft. The unit has 2 registered sales; the first was AED 1,229,580 in September 2018.

What is the rent for unit 1902?

AED 85,000 a year on the contract renewed on 1 October 2026. The previous contract, from September 2025, was AED 96,257.

How big is unit 1902?

890 sqft (82.7 sqm): a two-bedroom apartment on the 19th floor of a 28-storey tower completed in 2022.

What is unit 1902 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 1902, Vera Residences

Starts from the last sale price (AED 2.04M, 4 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,041,000
Deposit, UAE resident (20%)
AED 408,200
Deposit, non-resident (40%)
AED 816,400
Monthly over 25 years at 3.7%
AED 8,350

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