1-bed · 476 sqftVera Residences, Business Bay · 21st floor · completed 2022

2112, Vera Residences

Sold prices and rental history: sold twice, last in November 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2112 · DLD and Ejari recordsUpdated 2 May 2026
Last soldAED 730K7 November 2022
Current rentAED 83K /yr2 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2112, Vera Residences

What is 2112 worth today?

Last sold for AED 730,000 in 2022

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2 May 2026RentedRenewal
AED 83,000/yr12 months · AED 175 per sqft
2 May 2025RentedNew contract
AED 83,000/yr12 months · AED 175 per sqft
7 Nov 2022SoldReady
AED 730,000AED 1,533 per sqft
1 May 2018Sold by developerOff-plan
AED 738,000AED 1,550 per sqft

Source: Dubai Land Department. Updated 2 May 2026.

Key facts

Type
1-bed apartment
Size
476 sqft
Floor
21st of 28
Parking
P3-023
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 730K · November 2022

About 2112, Vera Residences

2112 is a one-bedroom apartment of 476 sqft on the 21st floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 7 November 2022 for AED 730,000, or AED 1,533 per sqft, 15% below the AED 1,794 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 2 May 2026, is AED 83,000 a year: a gross yield of 11.4% on the 2022 price, before the service charge of about AED 10,500 a year.

Sales and rents for 2112 over time

Sales
Unit 2112, each saleTypical one-bed in Vera Residences
500K750K1M2018202120242027Typical 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, May 2018: AED 738,000 (AED 1,550 per sqft)Sold, November 2022: AED 730,000 (AED 1,533 per sqft)

2112 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2112, each contractTypical one-bed in Vera Residences
70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000New contract, May 2025: AED 83,000 a yearRenewal, May 2026: AED 83,000 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 2112 sits

All 293 1-beds →

2112 last sold in November 2022 at AED 1,533 per sqft, 15% below what one-beds in Vera Residences were fetching at the time (AED 1,794). 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. 2112's AED 83,000 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 21st floor

All 522 units in Vera Residences
Value
21012-bedAED 1.17M · Feb 2018
21022-bedAED 1.18M · Dec 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
1–7 of 20

2112, Vera Residences in numbers

  • Sold twice: first on 1 May 2018 for AED 738,000, last on 7 November 2022 for AED 730,000 (AED 1,533 per sqft).
  • Rented since May 2025 on 2 Ejari contracts, at AED 83,000 a year.
  • At AED 83,000 a year the gross yield on the 2022 price is 11.4%, 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 2 May 2026.

Questions about 2112, Vera Residences

What did unit 2112 last sell for?

AED 730,000 on 7 November 2022: AED 1,533 per sqft for 476 sqft. The unit has 2 registered sales; the first was AED 738,000 in May 2018.

What is the rent for unit 2112?

AED 83,000 a year on the contract renewed on 2 May 2026. The previous contract, from May 2025, was AED 83,000.

How big is unit 2112?

476 sqft (44.2 sqm): a one-bedroom apartment on the 21st floor of a 28-storey tower completed in 2022.

What is unit 2112 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 2112, Vera Residences

Starts from the last sale price (AED 730K, 7 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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