2-bed · 905 sqftVera Residences, Business Bay · 20th floor · completed 2022

2005, 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 May 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 2005 · DLD and Ejari recordsUpdated 15 May 2018

Last soldAED 1.33M15 May 2018

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Today's valuefree after one verification

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Property timeline for 2005, Vera Residences

Today

What is 2005 worth today?

Last sold for AED 1,326,000 in 2018

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15 May 2018

15 May 2018Sold by developerOff-plan

AED 1,326,000AED 1,464 per sqft

Source: Dubai Land Department. Updated 15 May 2018.

Key facts

Type: 2-bed apartment
Size: 905 sqft
Floor: 20th of 28
Parking: P1-027
Developer: DAMAC
Completed: 2022
Service charge: AED 20,000 /yr
Last sold: AED 1.33M · May 2018
Building: Vera Residences

About 2005, Vera Residences

2005 is a two-bedroom apartment of 905 sqft on the 20th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 15 May 2018 for AED 1,326,000, or AED 1,464 per sqft, 8% above the AED 1,354 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2005 over time

Sales

Unit 2005, each saleTypical two-bed in Vera Residences

2005 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 2005, 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 2005 sits

All 225 2-beds →

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

2005 last sold in May 2018 at AED 1,464 per sqft, 8% above what two-beds in Vera Residences were fetching at the time (AED 1,354). 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.

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 20th floor

All 522 units in Vera Residences


2001	2-bed	900 sqft	AED 1.33MAED 1,328,580 · Jul 2018July 2018
2002	2-bed	890 sqft	AED 1.26MAED 1,260,000 · Feb 2018February 2018	94,000 /yr
2003	1-bed	473 sqft	AED 400KAED 400,000 · Nov 2019November 2019	75,000 /yr
2004	2-bed	908 sqft	AED 750KAED 750,000 · Mar 2020March 2020	125,000 /yr
2006	2-bed	900 sqft	AED 1.5MAED 1,500,000 · Jul 2024July 2024	110,000 /yr
2007	2-bed	902 sqft	AED 1.5MAED 1,500,000 · Oct 2025October 2025
2008	2-bed	899 sqft	AED 1.22MAED 1,220,000 · Feb 2018February 2018	85,000 /yr
2009	2-bed	908 sqft	AED 1.23MAED 1,228,000 · Feb 2018February 2018
2010	1-bed	479 sqft	AED 1.03MAED 1,025,000 · Mar 2025March 2025	80,000 /yr
2011	1-bed	477 sqft	AED 709KAED 709,440 · Feb 2018February 2018	80,000 /yr
2012	1-bed	476 sqft	AED 1.1MAED 1,100,000 · Aug 2025August 2025	65,000 /yr
2013	1-bed	475 sqft	AED 742KAED 742,000 · Feb 2018February 2018	84,000 /yr
2014	1-bed	479 sqft	AED 753KAED 753,000 · Jun 2018June 2018	85,000 /yr
2015	1-bed	478 sqft	AED 777KAED 777,000 · Mar 2018March 2018
2016	1-bed	475 sqft	AED 1.1MAED 1,100,000 · Sep 2025September 2025
2017	1-bed	475 sqft	AED 850KAED 850,000 · May 2023May 2023	75,000 /yr
2018	1-bed	475 sqft	AED 880KAED 880,000 · May 2022May 2022	80,000 /yr
2019	1-bed	475 sqft	AED 736KAED 736,320 · Feb 2018February 2018	62,000 /yr
2020	1-bed	474 sqft	AED 1.3MAED 1,300,000 · Mar 2024March 2024	70,000 /yr
2021	2-bed	905 sqft	AED 1.25MAED 1,249,380 · Mar 2018March 2018	45,000 /yr

1–7 of 20

2005, Vera Residences in numbers

Sold once: by DAMAC on 15 May 2018 for AED 1,326,000, or AED 1,464 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 15 May 2018.

Questions about 2005, Vera Residences

What did unit 2005 last sell for?

AED 1,326,000 on 15 May 2018, sold by the developer: AED 1,464 per sqft for 905 sqft. It is the only registered sale of the unit.

How big is unit 2005?

905 sqft (84.1 sqm): a two-bedroom apartment on the 20th floor of a 28-storey tower completed in 2022.

What is unit 2005 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 2005, Vera Residences

Starts from the last sale price (AED 1.33M, 15 May 2018). Switch to today's estimate once you have unlocked it.

Price: AED 1,326,000
Deposit, UAE resident (20%): AED 265,200
Deposit, non-resident (40%): AED 530,400
Monthly over 25 years at 3.7%: AED 5,425

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