1-bed · 474 sqftVera Residences, Business Bay · 20th floor · completed 2022

2020, 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 3 times, last in March 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 2020

Unit 2020 · DLD and Ejari recordsUpdated 1 September 2026

Last soldAED 1.3M13 March 2024

Current rentAED 70K /yr1 September 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 2020

Property timeline for 2020, Vera Residences

Today

What is 2020 worth today?

Last sold for AED 1,300,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Sep 2026

1 Sep 2026RentedNew contract

AED 70,000/yr12 months · AED 148 per sqft

6 May 2025

6 May 2025RentedNew contract

AED 90,000/yr12 months · AED 190 per sqft

13 Mar 2024

13 Mar 2024SoldReady

AED 1,300,000AED 2,739 per sqft

29 Jul 2022

29 Jul 2022SoldReady

AED 650,000AED 1,369 per sqft

7 Feb 2018

7 Feb 2018Sold by developerOff-plan

AED 736,320AED 1,551 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type: 1-bed apartment
Size: 474 sqft
Floor: 20th of 28
Parking: P3-043
Developer: DAMAC
Completed: 2022
Service charge: AED 10,500 /yr
Last sold: AED 1.3M · March 2024
Building: Vera Residences

About 2020, Vera Residences

2020 is a one-bedroom apartment of 474 sqft on the 20th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 13 March 2024 for AED 1,300,000, or AED 2,739 per sqft, 40% above the AED 1,950 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 September 2026, is AED 70,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 10,500 a year.

Sales and rents for 2020 over time

Sales

Unit 2020, each saleTypical one-bed in Vera Residences

2020 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents

Unit 2020, each contractTypical one-bed in Vera Residences

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 2020 sits

All 293 1-beds →

1-beds in Vera Residences · last 12 months2,225 /sqft Vera Residences · all types2,097 /sqft

2020 last sold in March 2024 at AED 2,739 per sqft, 40% above what one-beds in Vera Residences were fetching at the time (AED 1,950). 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. 2020's AED 70,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
19 Oct 202619 October 2026	475 sqft	940,000	1,979
16 Oct 202616 October 2026	474 sqft	1,000,000	2,107
19 Aug 202619 August 2026	513 sqft	1,254,000	2,445
18 Aug 202618 August 2026	513 sqft	1,141,000	2,225

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


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
2005	2-bed	905 sqft	AED 1.33MAED 1,326,000 · May 2018May 2018
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
2021	2-bed	905 sqft	AED 1.25MAED 1,249,380 · Mar 2018March 2018	45,000 /yr

1–7 of 20

2020, Vera Residences in numbers

Sold 3 times: first on 7 February 2018 for AED 736,320, last on 13 March 2024 for AED 1,300,000 (AED 2,739 per sqft).
Rented since May 2025 on 2 Ejari contracts, from AED 90,000 to AED 70,000 a year.
At AED 70,000 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 10,500 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 1 September 2026.

Questions about 2020, Vera Residences

What did unit 2020 last sell for?

AED 1,300,000 on 13 March 2024: AED 2,739 per sqft for 474 sqft. The unit has 3 registered sales; the first was AED 736,320 in February 2018.

What is the rent for unit 2020?

AED 70,000 a year on the contract signed on 1 September 2026. The previous contract, from May 2025, was AED 90,000.

How big is unit 2020?

474 sqft (44.0 sqm): a one-bedroom apartment on the 20th floor of a 28-storey tower completed in 2022.

What is unit 2020 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.

Selling 2020? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2020, Vera Residences

Starts from the last sale price (AED 1.3M, 13 March 2024). Switch to today's estimate once you have unlocked it.

Price: AED 1,300,000
Deposit, UAE resident (20%): AED 260,000
Deposit, non-resident (40%): AED 520,000
Monthly over 25 years at 3.7%: AED 5,319

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