1-bed · 473 sqftVera Residences, Business Bay · 20th floor · completed 2022

2003, Vera Residences

Sold prices and rental history: sold twice, last in November 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2003 · DLD and Ejari recordsUpdated 30 November 2025
Last soldAED 400K25 November 2019
Current rentAED 75K /yr30 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2003, Vera Residences

What is 2003 worth today?

Last sold for AED 400,000 in 2019

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30 Nov 2025RentedRenewal
AED 75,000/yr12 months · AED 146 per sqft
30 Nov 2024RentedNew contract
AED 75,000/yr12 months · AED 146 per sqft
18 Nov 2023RentedRenewal
AED 63,000/yr12 months · AED 123 per sqft
18 Nov 2022RentedNew contract
AED 60,000/yr12 months · AED 117 per sqft
25 Nov 2019SoldOff-plan
AED 400,000AED 845 per sqft
11 Feb 2018Sold by developerOff-plan
AED 735,360AED 1,554 per sqft

Source: Dubai Land Department. Updated 30 November 2025.

Key facts

Type
1-bed apartment
Size
473 sqft
Floor
20th of 28
Parking
P3-032
Developer
DAMAC
Completed
2022
Service charge
AED 10,400 /yr
Last sold
AED 400K · November 2019

About 2003, Vera Residences

2003 is a one-bedroom apartment of 473 sqft on the 20th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 25 November 2019 for AED 400,000, or AED 845 per sqft, 50% below the AED 1,687 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 30 November 2025, is AED 75,000 a year: a gross yield of 18.8% on the 2019 price, before the service charge of about AED 10,400 a year.

Sales and rents for 2003 over time

Sales
Unit 2003, each saleTypical one-bed in Vera Residences
500K1M2018202120242027Typical sale price by year: 2018 AED 753,000; 2019 AED 741,560; 2021 AED 590,000; 2022 AED 829,500; 2023 AED 900,000; 2024 AED 1,072,500; 2025 AED 1,100,000; 2026 AED 1,100,000Sold by developer, February 2018: AED 735,360 (AED 1,554 per sqft)Sold, November 2019: AED 400,000 (AED 845 per sqft)

2003 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2003, each contractTypical one-bed in Vera Residences
60K70K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000New contract, November 2022: AED 60,000 a yearRenewal, November 2023: AED 63,000 a yearNew contract, November 2024: AED 75,000 a yearRenewal, November 2025: AED 75,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Vera Residences, and where 2003 sits

All 293 1-beds →

2003 last sold in November 2019 at AED 845 per sqft, 50% below what one-beds in Vera Residences were fetching at the time (AED 1,687). Over the last 12 months one-beds sold for AED 940,000 to 1,254,000, around AED 2,225 per sqft, and rent for AED 29,219 to 140,000 a year. 2003's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 2026940,000
16 Oct 20261,000,000
19 Aug 20261,254,000
18 Aug 20261,141,000
13 1-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 20th floor

All 522 units in Vera Residences
Value
20012-bedAED 1.33M · Jul 2018
20022-bedAED 1.26M · Feb 2018
20042-bedAED 750K · Mar 2020
20052-bedAED 1.33M · May 2018
20062-bedAED 1.5M · Jul 2024
20072-bedAED 1.5M · Oct 2025
20082-bedAED 1.22M · Feb 2018
1–7 of 20

2003, Vera Residences in numbers

  • Sold twice: first on 11 February 2018 for AED 735,360, last on 25 November 2019 for AED 400,000 (AED 845 per sqft).
  • Rented since November 2022 on 4 Ejari contracts, from AED 60,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2019 price is 18.8%, before a service charge of about AED 10,400 a year (AED 22.04 per sqft).
  • One-beds in Vera Residences sold for AED 940,000–1,254,000 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 30 November 2025.

Questions about 2003, Vera Residences

What did unit 2003 last sell for?

AED 400,000 on 25 November 2019: AED 845 per sqft for 473 sqft. The unit has 2 registered sales; the first was AED 735,360 in February 2018.

What is the rent for unit 2003?

AED 75,000 a year on the contract renewed on 30 November 2025. The previous contract, from November 2024, was AED 75,000; the unit has been rented since November 2022.

How big is unit 2003?

473 sqft (43.9 sqm): a one-bedroom apartment on the 20th floor of a 28-storey tower completed in 2022.

What is unit 2003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Vera Residences sold for AED 940,000 to 1,254,000 in the last 12 months, around AED 2,225 per sqft.

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Mortgage on 2003, Vera Residences

Starts from the last sale price (AED 400K, 25 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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