1-bed · 513 sqftVera Residences, Business Bay · 22nd floor · completed 2022

2203, Vera Residences

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

Unit 2203 · DLD and Ejari recordsUpdated 10 August 2026
Last soldAED 1.12M4 July 2025
Current rentAED 68K /yr10 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2203, Vera Residences

What is 2203 worth today?

Last sold for AED 1,120,000 in 2025

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10 Aug 2026RentedRenewal
AED 68,000/yr12 months · AED 133 per sqft
10 Aug 2025RentedNew contract
AED 81,000/yr12 months · AED 158 per sqft
4 Jul 2025SoldReady
AED 1,120,000AED 2,184 per sqft
6 Oct 2023RentedNew contract
AED 70,000/yr12 months · AED 137 per sqft
20 Sep 2022RentedNew contract
AED 54,000/yr12 months · AED 105 per sqft
13 Feb 2018Sold by developerOff-plan
AED 767,000AED 1,621 per sqft

Source: Dubai Land Department. Updated 10 August 2026.

Key facts

Type
1-bed apartment
Size
513 sqft
Floor
22nd of 28
Parking
P3-008
Developer
DAMAC
Completed
2022
Service charge
AED 11,300 /yr
Last sold
AED 1.12M · July 2025

About 2203, Vera Residences

2203 is a one-bedroom apartment of 513 sqft on the 22nd floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 4 July 2025 for AED 1,120,000, or AED 2,184 per sqft, in line with the AED 2,215 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 10 August 2026, is AED 68,000 a year: a gross yield of 6.1% on the 2025 price, before the service charge of about AED 11,300 a year.

Sales and rents for 2203 over time

Sales
Unit 2203, 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, February 2018: AED 767,000 (AED 1,621 per sqft)Sold, July 2025: AED 1,120,000 (AED 2,184 per sqft)

2203 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2203, each contractTypical one-bed in Vera Residences
60K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000New contract, September 2022: AED 54,000 a yearNew contract, October 2023: AED 70,000 a yearNew contract, August 2025: AED 81,000 a yearRenewal, August 2026: AED 68,000 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 2203 sits

All 293 1-beds →

2203 last sold in July 2025 at AED 2,184 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 2,215). 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. 2203's AED 68,000 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 22nd floor

All 522 units in Vera Residences
Value
22012-bedAED 1.8M · Apr 2024
22022-bedAED 1.26M · Nov 2019
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

2203, Vera Residences in numbers

  • Sold twice: first on 13 February 2018 for AED 767,000, last on 4 July 2025 for AED 1,120,000 (AED 2,184 per sqft).
  • Rented since September 2022 on 4 Ejari contracts, from AED 54,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2025 price is 6.1%, before a service charge of about AED 11,300 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 10 August 2026.

Questions about 2203, Vera Residences

What did unit 2203 last sell for?

AED 1,120,000 on 4 July 2025: AED 2,184 per sqft for 513 sqft. The unit has 2 registered sales; the first was AED 767,000 in February 2018.

What is the rent for unit 2203?

AED 68,000 a year on the contract renewed on 10 August 2026. The previous contract, from August 2025, was AED 81,000; the unit has been rented since September 2022.

How big is unit 2203?

513 sqft (47.7 sqm): a one-bedroom apartment on the 22nd floor of a 28-storey tower completed in 2022.

What is unit 2203 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 2203, Vera Residences

Starts from the last sale price (AED 1.12M, 4 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,120,000
Deposit, UAE resident (20%)
AED 224,000
Deposit, non-resident (40%)
AED 448,000
Monthly over 25 years at 3.7%
AED 4,582

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