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2-bed · 890 sqftVera Residences, Business Bay · 21st floor · completed 2022

2102, Vera Residences

Sold prices and rental history: sold once, by the developer in December 2018, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2102 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 1.18M12 December 2018
Current rentAED 110K /yr20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2102, Vera Residences

What is 2102 worth today?

Last sold for AED 1,176,500 in 2018

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20 Nov 2024RentedNew contract
AED 110,000/yr36 months · AED 123 per sqft
12 Dec 2018Sold by developerOff-plan
AED 1,176,500AED 1,321 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
2-bed apartment
Size
890 sqft
Floor
21st of 28
Parking
P1-016
Developer
DAMAC
Completed
2022
Service charge
AED 19,600 /yr
Last sold
AED 1.18M · December 2018
Building
Vera Residences

About 2102, Vera Residences

2102 is a two-bedroom apartment of 890 sqft on the 21st floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 12 December 2018 for AED 1,176,500, or AED 1,321 per sqft, 3% below the AED 1,363 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 November 2024. The current contract, signed on 20 November 2024, is AED 110,000 a year: a gross yield of 9.3% on the 2018 price, before the service charge of about AED 19,600 a year.

Sales and rents for 2102 over time

Sales
Unit 2102, 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, December 2018: AED 1,176,500 (AED 1,321 per sqft)

2102 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2102, each contractTypical two-bed in Vera Residences
90K100K110K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 99,375; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 100,000New contract, November 2024: AED 110,000 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 2102 sits

All 225 2-beds →

2102 last sold in December 2018 at AED 1,321 per sqft, 3% below what two-beds in Vera Residences were fetching at the time (AED 1,363). 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. 2102's AED 110,000 is in the upper 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 21st floor

All 522 units in Vera Residences
Value
21012-bedAED 1.17M · Feb 2018
21031-bedAED 766K · Nov 2019
21042-bedAED 1.18M · Feb 2018
21052-bedAED 1.18M · Feb 2018
21062-bedAED 1.17M · Feb 2018
21072-bedAED 1.17M · Feb 2018
21082-bedAED 1.17M · Feb 2018
1–7 of 20

2102, Vera Residences in numbers

  • Sold once: by DAMAC on 12 December 2018 for AED 1,176,500, or AED 1,321 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2018 price is 9.3%, 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 20 November 2024.

Questions about 2102, Vera Residences

What did unit 2102 last sell for?

AED 1,176,500 on 12 December 2018, sold by the developer: AED 1,321 per sqft for 890 sqft. It is the only registered sale of the unit.

What is the rent for unit 2102?

AED 110,000 a year on the contract signed on 20 November 2024.

How big is unit 2102?

890 sqft (82.7 sqm): a two-bedroom apartment on the 21st floor of a 28-storey tower completed in 2022.

What is unit 2102 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 2102, Vera Residences

Starts from the last sale price (AED 1.18M, 12 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,176,500
Deposit, UAE resident (20%)
AED 235,300
Deposit, non-resident (40%)
AED 470,600
Monthly over 25 years at 3.7%
AED 4,813

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