2-bed · 905 sqftVera Residences, Business Bay · 21st floor · completed 2022

2121, 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 twice, last in October 2023, 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 2121 · DLD and Ejari recordsUpdated 22 May 2024

Last soldAED 2.04M4 October 2023

Current rentAED 110K /yr22 May 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 2121, Vera Residences

Today

What is 2121 worth today?

Last sold for AED 2,038,940 in 2023

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22 May 2024

22 May 2024RentedNew contract

AED 110,000/yr12 months · AED 122 per sqft

22 May 2024

22 May 2024RentedNew contract

AED 110,000/yr36 months · AED 122 per sqft

4 Oct 2023

4 Oct 2023SoldReady

AED 2,038,940AED 2,252 per sqft

28 Feb 2018

28 Feb 2018Sold by developerOff-plan

AED 1,263,000AED 1,395 per sqft

Source: Dubai Land Department. Updated 22 May 2024.

Key facts

Type: 2-bed apartment
Size: 905 sqft
Floor: 21st of 28
Parking: P1-023
Developer: DAMAC
Completed: 2022
Service charge: AED 19,900 /yr
Last sold: AED 2.04M · October 2023
Building: Vera Residences

About 2121, Vera Residences

2121 is a two-bedroom apartment of 905 sqft on the 21st floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 4 October 2023 for AED 2,038,940, or AED 2,252 per sqft, 48% above the AED 1,521 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 22 May 2024, is AED 110,000 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 19,900 a year.

Sales and rents for 2121 over time

Sales

Unit 2121, each saleTypical two-bed in Vera Residences

2121 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents

Unit 2121, each contractTypical two-bed in Vera Residences

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 2121 sits

All 225 2-beds →

2-beds in Vera Residences · last 12 months1,707 /sqft Vera Residences · all types2,097 /sqft

2121 last sold in October 2023 at AED 2,252 per sqft, 48% above what two-beds in Vera Residences were fetching at the time (AED 1,521). 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. 2121's AED 110,000 is in the upper half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
29 Oct 202629 October 2026	897 sqft	1,350,000	1,505
14 Sep 202614 September 2026	902 sqft	1,546,373	1,714
26 Aug 202626 August 2026	890 sqft	1,532,772	1,721
16 Jul 202616 July 2026	890 sqft	1,513,848	1,700

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


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
2116	1-bed	475 sqft	AED 768KAED 768,000 · Feb 2018February 2018	70,000 /yr
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

1–7 of 20

2121, Vera Residences in numbers

Sold twice: first on 28 February 2018 for AED 1,263,000, last on 4 October 2023 for AED 2,038,940 (AED 2,252 per sqft).
Rented since May 2024 on 2 Ejari contracts, at AED 110,000 a year.
At AED 110,000 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 19,900 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 22 May 2024.

Questions about 2121, Vera Residences

What did unit 2121 last sell for?

AED 2,038,940 on 4 October 2023: AED 2,252 per sqft for 905 sqft. The unit has 2 registered sales; the first was AED 1,263,000 in February 2018.

What is the rent for unit 2121?

AED 110,000 a year on the contract signed on 22 May 2024. The previous contract, from May 2024, was AED 110,000.

How big is unit 2121?

905 sqft (84.1 sqm): a two-bedroom apartment on the 21st floor of a 28-storey tower completed in 2022.

What is unit 2121 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 2121, Vera Residences

Starts from the last sale price (AED 2.04M, 4 October 2023). Switch to today's estimate once you have unlocked it.

Price: AED 2,038,940
Deposit, UAE resident (20%): AED 407,788
Deposit, non-resident (40%): AED 815,576
Monthly over 25 years at 3.7%: AED 8,342

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