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2-bed · 899 sqftVera Residences, Business Bay · 19th floor · completed 2022

1908, Vera Residences

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1908 · DLD and Ejari recordsUpdated 19 April 2025
Last soldAED 1.2M7 February 2018
Current rentAED 90K /yr19 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1908, Vera Residences

What is 1908 worth today?

Last sold for AED 1,202,000 in 2018

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19 Apr 2025RentedNew contract
AED 90,000/yr12 months · AED 100 per sqft
19 Apr 2025RentedNew contract
AED 90,000/yr12 months · AED 100 per sqft
29 Feb 2024RentedRenewal
AED 94,600/yr12 months · AED 105 per sqft
1 Mar 2023RentedNew contract
AED 86,248/yr12 months · AED 96 per sqft
7 Feb 2018Sold by developerOff-plan
AED 1,202,000AED 1,336 per sqft

Source: Dubai Land Department. Updated 19 April 2025.

Key facts

Type
2-bed apartment
Size
899 sqft
Floor
19th of 28
Parking
P1-039
Developer
DAMAC
Completed
2022
Service charge
AED 19,800 /yr
Last sold
AED 1.2M · February 2018
Building
Vera Residences

About 1908, Vera Residences

1908 is a two-bedroom apartment of 899 sqft on the 19th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 7 February 2018 for AED 1,202,000, or AED 1,336 per sqft, in line with the AED 1,340 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 19 April 2025, is AED 90,000 a year: a gross yield of 7.5% on the 2018 price, before the service charge of about AED 19,800 a year.

Sales and rents for 1908 over time

Sales
Unit 1908, 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, February 2018: AED 1,202,000 (AED 1,336 per sqft)

1908 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1908, 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, March 2023: AED 86,248 a yearRenewal, February 2024: AED 94,600 a yearNew contract, April 2025: AED 90,000 a yearNew contract, April 2025: AED 90,000 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 1908 sits

All 225 2-beds →

1908 last sold in February 2018 at AED 1,336 per sqft, in line with what two-beds in Vera Residences were fetching at the time (AED 1,340). 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. 1908's AED 90,000 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
19022-bedAED 2.04M · Oct 2023
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
1–7 of 20

1908, Vera Residences in numbers

  • Sold once: by DAMAC on 7 February 2018 for AED 1,202,000, or AED 1,336 per sqft.
  • Rented since March 2023 on 4 Ejari contracts, from AED 86,248 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2018 price is 7.5%, 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 19 April 2025.

Questions about 1908, Vera Residences

What did unit 1908 last sell for?

AED 1,202,000 on 7 February 2018, sold by the developer: AED 1,336 per sqft for 899 sqft. It is the only registered sale of the unit.

What is the rent for unit 1908?

AED 90,000 a year on the contract signed on 19 April 2025. The previous contract, from April 2025, was AED 90,000; the unit has been rented since March 2023.

How big is unit 1908?

899 sqft (83.5 sqm): a two-bedroom apartment on the 19th floor of a 28-storey tower completed in 2022.

What is unit 1908 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 1908, Vera Residences

Starts from the last sale price (AED 1.2M, 7 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,202,000
Deposit, UAE resident (20%)
AED 240,400
Deposit, non-resident (40%)
AED 480,800
Monthly over 25 years at 3.7%
AED 4,918

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