2-bed · 900 sqftVera Residences, Business Bay · 22nd floor · completed 2022

2201, Vera Residences

Sold prices and rental history: sold 3 times, last in April 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2201 · DLD and Ejari recordsUpdated 16 March 2026
Last soldAED 1.8M15 April 2024
Current rentAED 135K /yr16 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2201, Vera Residences

What is 2201 worth today?

Last sold for AED 1,800,000 in 2024

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16 Mar 2026RentedRenewal
AED 135,403/yr12 months · AED 150 per sqft
16 Mar 2025RentedNew contract
AED 130,000/yr12 months · AED 144 per sqft
16 Mar 2025RentedNew contract
AED 130,000/yr12 months · AED 144 per sqft
15 Apr 2024SoldReady
AED 1,800,000AED 2,000 per sqft
11 May 2023SoldReady
AED 1,400,000AED 1,555 per sqft
11 Mar 2018Sold by developerOff-plan
AED 1,258,000AED 1,397 per sqft

Source: Dubai Land Department. Updated 16 March 2026.

Key facts

Type
2-bed apartment
Size
900 sqft
Floor
22nd of 28
Parking
P1-006
Developer
DAMAC
Completed
2022
Service charge
AED 19,800 /yr
Last sold
AED 1.8M · April 2024

About 2201, Vera Residences

2201 is a two-bedroom apartment of 900 sqft on the 22nd floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 15 April 2024 for AED 1,800,000, or AED 2,000 per sqft, 20% above the AED 1,668 two-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 16 March 2026, is AED 135,403 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 19,800 a year.

Sales and rents for 2201 over time

Sales
Unit 2201, each saleTypical two-bed in Vera Residences
1.5M2018202120242027Typical 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, March 2018: AED 1,258,000 (AED 1,397 per sqft)Sold, May 2023: AED 1,400,000 (AED 1,555 per sqft)Sold, April 2024: AED 1,800,000 (AED 2,000 per sqft)

2201 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2201, each contractTypical two-bed in Vera Residences
100K125K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 99,375; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 100,000New contract, March 2025: AED 130,000 a yearNew contract, March 2025: AED 130,000 a yearRenewal, March 2026: AED 135,403 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 2201 sits

All 225 2-beds →

2201 last sold in April 2024 at AED 2,000 per sqft, 20% above what two-beds in Vera Residences were fetching at the time (AED 1,668). 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. 2201's AED 135,403 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 22nd floor

All 522 units in Vera Residences
Value
22022-bedAED 1.26M · Nov 2019
22031-bedAED 1.12M · Jul 2025
22042-bedAED 1.27M · Nov 2019
22052-bedAED 1.2M · Jan 2023
22062-bedAED 1.5M · Jul 2025
22072-bedAED 1.45M · Jan 2026
22082-bedAED 1.49M · May 2025
1–7 of 20

2201, Vera Residences in numbers

  • Sold 3 times: first on 11 March 2018 for AED 1,258,000, last on 15 April 2024 for AED 1,800,000 (AED 2,000 per sqft).
  • Rented since March 2025 on 3 Ejari contracts, from AED 130,000 to AED 135,403 a year.
  • At AED 135,403 a year the gross yield on the 2024 price is 7.5%, before a service charge of about AED 19,800 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 16 March 2026.

Questions about 2201, Vera Residences

What did unit 2201 last sell for?

AED 1,800,000 on 15 April 2024: AED 2,000 per sqft for 900 sqft. The unit has 3 registered sales; the first was AED 1,258,000 in March 2018.

What is the rent for unit 2201?

AED 135,403 a year on the contract renewed on 16 March 2026. The previous contract, from March 2025, was AED 130,000; the unit has been rented since March 2025.

How big is unit 2201?

900 sqft (83.6 sqm): a two-bedroom apartment on the 22nd floor of a 28-storey tower completed in 2022.

What is unit 2201 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 2201, Vera Residences

Starts from the last sale price (AED 1.8M, 15 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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