1-bed · 475 sqftVera Residences, Business Bay · 21st floor · completed 2022

2116, 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 February 2018, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 2116 · DLD and Ejari recordsUpdated 20 October 2025

Last soldAED 768K8 February 2018

Current rentAED 44K /yr20 October 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 2116, Vera Residences

Today

What is 2116 worth today?

Last sold for AED 768,000 in 2018

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20 Oct 2025

20 Oct 2025RentedRenewal

AED 44,100/yr12 months · AED 93 per sqft

20 Oct 2025

20 Oct 2025RentedRenewal

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

20 Oct 2024

20 Oct 2024RentedRenewal

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

8 Feb 2018

8 Feb 2018Sold by developerOff-plan

AED 768,000AED 1,617 per sqft

Source: Dubai Land Department. Updated 20 October 2025.

Key facts

Type: 1-bed apartment
Size: 475 sqft
Floor: 21st of 28
Parking: P3-027
Developer: DAMAC
Completed: 2022
Service charge: AED 10,500 /yr
Last sold: AED 768K · February 2018
Building: Vera Residences

About 2116, Vera Residences

2116 is a one-bedroom apartment of 475 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 8 February 2018 for AED 768,000, or AED 1,617 per sqft, in line with the AED 1,571 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 20 October 2025, is AED 44,100 a year: a gross yield of 5.7% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 2116 over time

Sales

Unit 2116, each saleTypical one-bed in Vera Residences

2116 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 2116, 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 2116 sits

All 293 1-beds →

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

2116 last sold in February 2018 at AED 1,617 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,571). 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. 2116's AED 44,100 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 21st floor

All 522 units in Vera Residences


2101	2-bed	900 sqft	AED 1.17MAED 1,172,600 · Feb 2018February 2018	100,000 /yr
2102	2-bed	890 sqft	AED 1.18MAED 1,176,500 · Dec 2018December 2018	110,000 /yr
2103	1-bed	473 sqft	AED 766KAED 766,000 · Nov 2019November 2019	85,000 /yr
2104	2-bed	908 sqft	AED 1.18MAED 1,179,100 · Feb 2018February 2018	110,000 /yr
2105	2-bed	905 sqft	AED 1.18MAED 1,180,400 · Feb 2018February 2018	95,000 /yr
2106	2-bed	900 sqft	AED 1.17MAED 1,172,600 · Feb 2018February 2018	98,000 /yr
2107	2-bed	902 sqft	AED 1.17MAED 1,172,600 · Feb 2018February 2018	84,000 /yr
2108	2-bed	899 sqft	AED 1.17MAED 1,172,600 · Feb 2018February 2018	100,000 /yr
2109	2-bed	908 sqft	AED 1.23MAED 1,229,000 · Feb 2018February 2018	105,000 /yr
2110	1-bed	479 sqft	AED 747KAED 747,000 · Apr 2018April 2018	82,000 /yr
2111	1-bed	477 sqft	AED 740KAED 740,000 · Mar 2018March 2018	80,000 /yr
2112	1-bed	476 sqft	AED 730KAED 730,000 · Nov 2022November 2022	83,000 /yr
2113	1-bed	475 sqft	AED 743KAED 743,000 · Feb 2018February 2018
2114	1-bed	485 sqft	AED 1.15MAED 1,150,000 · Nov 2024November 2024
2115	1-bed	478 sqft	AED 778KAED 778,000 · Sep 2018September 2018
2117	1-bed	475 sqft	AED 1.05MAED 1,050,000 · Jul 2023July 2023	82,500 /yr
2118	1-bed	475 sqft	AED 768KAED 768,000 · Feb 2018February 2018	94,800 /yr
2119	1-bed	475 sqft	AED 768KAED 768,000 · Apr 2018April 2018	65,000 /yr
2120	1-bed	474 sqft	AED 1.23MAED 1,230,000 · Mar 2025March 2025	90,000 /yr
2121	2-bed	905 sqft	AED 2.04MAED 2,038,940 · Oct 2023October 2023	110,000 /yr

1–7 of 20

2116, Vera Residences in numbers

Sold once: by DAMAC on 8 February 2018 for AED 768,000, or AED 1,617 per sqft.
Rented since October 2024 on 3 Ejari contracts, from AED 70,000 to AED 44,100 a year.
At AED 44,100 a year the gross yield on the 2018 price is 5.7%, 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 20 October 2025.

Questions about 2116, Vera Residences

What did unit 2116 last sell for?

AED 768,000 on 8 February 2018, sold by the developer: AED 1,617 per sqft for 475 sqft. It is the only registered sale of the unit.

What is the rent for unit 2116?

AED 44,100 a year on the contract renewed on 20 October 2025. The previous contract, from October 2025, was AED 70,000; the unit has been rented since October 2024.

How big is unit 2116?

475 sqft (44.1 sqm): a one-bedroom apartment on the 21st floor of a 28-storey tower completed in 2022.

What is unit 2116 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 2116, Vera Residences

Starts from the last sale price (AED 768K, 8 February 2018). Switch to today's estimate once you have unlocked it.

Price: AED 768,000
Deposit, UAE resident (20%): AED 153,600
Deposit, non-resident (40%): AED 307,200
Monthly over 25 years at 3.7%: AED 3,142

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