1-bed · 485 sqftVera Residences, Business Bay · 21st floor · completed 2022

2114, Vera Residences

Sold prices and rental history: sold twice, last in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2114 · DLD and Ejari recordsUpdated 6 November 2024
Last soldAED 1.15M6 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2114, Vera Residences

What is 2114 worth today?

Last sold for AED 1,150,000 in 2024

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6 Nov 2024SoldReady
AED 1,150,000AED 2,373 per sqft
9 Apr 2018Sold by developerOff-plan
AED 754,000AED 1,573 per sqft

Source: Dubai Land Department. Updated 6 November 2024.

Key facts

Type
1-bed apartment
Size
485 sqft
Floor
21st of 28
Parking
P3-025
Developer
DAMAC
Completed
2022
Service charge
AED 10,700 /yr
Last sold
AED 1.15M · November 2024

About 2114, Vera Residences

2114 is a one-bedroom apartment of 485 sqft on the 21st floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 6 November 2024 for AED 1,150,000, or AED 2,373 per sqft, 8% above the AED 2,192 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2114 over time

Sales
Unit 2114, 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, April 2018: AED 754,000 (AED 1,573 per sqft)Sold, November 2024: AED 1,150,000 (AED 2,373 per sqft)

2114 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2114, each contractTypical one-bed in Vera Residences
65K70K75K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000

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 2114 sits

All 293 1-beds →

2114 last sold in November 2024 at AED 2,373 per sqft, 8% above what one-beds in Vera Residences were fetching at the time (AED 2,192). 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.

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

2114, Vera Residences in numbers

  • Sold twice: first on 9 April 2018 for AED 754,000, last on 6 November 2024 for AED 1,150,000 (AED 2,373 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 6 November 2024.

Questions about 2114, Vera Residences

What did unit 2114 last sell for?

AED 1,150,000 on 6 November 2024: AED 2,373 per sqft for 485 sqft. The unit has 2 registered sales; the first was AED 754,000 in April 2018.

How big is unit 2114?

485 sqft (45.1 sqm): a one-bedroom apartment on the 21st floor of a 28-storey tower completed in 2022.

What is unit 2114 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 2114, Vera Residences

Starts from the last sale price (AED 1.15M, 6 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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