2-bed · 908 sqftVera Residences, Business Bay · 22nd floor · completed 2022

2204, 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 November 2019, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 2204 · DLD and Ejari recordsUpdated 1 June 2026

Last soldAED 1.27M12 November 2019

Current rentAED 105K /yr1 June 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 2204, Vera Residences

Today

What is 2204 worth today?

Last sold for AED 1,265,000 in 2019

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1 Jun 2026

1 Jun 2026RentedRenewal

AED 105,000/yr12 months · AED 116 per sqft

1 Jun 2025

1 Jun 2025RentedRenewal

AED 100,800/yr12 months · AED 111 per sqft

1 Jun 2025

1 Jun 2025RentedRenewal

AED 100,800/yr12 months · AED 111 per sqft

1 Jun 2024

1 Jun 2024RentedRenewal

AED 96,000/yr12 months · AED 106 per sqft

1 Jun 2023

1 Jun 2023RentedNew contract

AED 92,000/yr12 months · AED 102 per sqft

12 Nov 2019

12 Nov 2019Sold by developerOff-plan

AED 1,265,000AED 1,393 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type: 2-bed apartment
Size: 908 sqft
Floor: 22nd of 28
Parking: P1-008
Developer: DAMAC
Completed: 2022
Service charge: AED 20,000 /yr
Last sold: AED 1.27M · November 2019
Building: Vera Residences

About 2204, Vera Residences

2204 is a two-bedroom apartment of 908 sqft on the 22nd floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 12 November 2019 for AED 1,265,000, or AED 1,393 per sqft, in line with the AED 1,434 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 105,000 a year: a gross yield of 8.3% on the 2019 price, before the service charge of about AED 20,000 a year.

Sales and rents for 2204 over time

Sales

Unit 2204, each saleTypical two-bed in Vera Residences

2204 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 2204, 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 2204 sits

All 225 2-beds →

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

2204 last sold in November 2019 at AED 1,393 per sqft, in line with what two-beds in Vera Residences were fetching at the time (AED 1,434). 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. 2204's AED 105,000 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 22nd floor

All 522 units in Vera Residences


2201	2-bed	900 sqft	AED 1.8MAED 1,800,000 · Apr 2024April 2024	135,403 /yr
2202	2-bed	890 sqft	AED 1.26MAED 1,262,000 · Nov 2019November 2019	90,000 /yr
2203	1-bed	513 sqft	AED 1.12MAED 1,120,000 · Jul 2025July 2025	68,000 /yr
2205	2-bed	905 sqft	AED 1.2MAED 1,200,000 · Jan 2023January 2023
2206	2-bed	900 sqft	AED 1.5MAED 1,496,699 · Jul 2025July 2025	40,000 /yr
2207	2-bed	902 sqft	AED 1.45MAED 1,450,000 · Jan 2026January 2026	110,000 /yr
2208	2-bed	899 sqft	AED 1.49MAED 1,485,000 · May 2025May 2025	120,000 /yr
2209	2-bed	908 sqft	AED 1.23MAED 1,230,000 · Feb 2018February 2018	110,000 /yr
2210	1-bed	479 sqft	AED 860KAED 860,000 · May 2023May 2023
2211	1-bed	477 sqft	AED 741KAED 741,000 · Apr 2018April 2018	72,000 /yr
2212	1-bed	476 sqft	AED 1.05MAED 1,050,000 · Oct 2024October 2024
2213	1-bed	485 sqft	AED 845KAED 845,000 · Apr 2023April 2023	62,000 /yr
2214	1-bed	479 sqft	AED 755KAED 755,000 · Feb 2018February 2018	78,000 /yr
2215	1-bed	478 sqft	AED 1.05MAED 1,050,000 · Mar 2025March 2025	75,000 /yr
2216	1-bed	475 sqft	AED 769KAED 769,000 · Feb 2018February 2018	80,000 /yr
2217	1-bed	475 sqft	AED 769KAED 769,000 · Feb 2018February 2018	65,000 /yr
2218	1-bed	475 sqft	AED 1.08MAED 1,080,000 · Jan 2025January 2025	70,000 /yr
2219	1-bed	475 sqft	AED 769KAED 769,000 · Feb 2018February 2018	80,000 /yr
2220	1-bed	474 sqft	AED 793KAED 793,000 · May 2018May 2018
2221	2-bed	905 sqft	AED 1.26MAED 1,263,000 · Nov 2019November 2019	90,000 /yr

1–7 of 20

2204, Vera Residences in numbers

Sold once: by DAMAC on 12 November 2019 for AED 1,265,000, or AED 1,393 per sqft.
Rented since June 2023 on 5 Ejari contracts, from AED 92,000 to AED 105,000 a year.
At AED 105,000 a year the gross yield on the 2019 price is 8.3%, before a service charge of about AED 20,000 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 1 June 2026.

Questions about 2204, Vera Residences

What did unit 2204 last sell for?

AED 1,265,000 on 12 November 2019, sold by the developer: AED 1,393 per sqft for 908 sqft. It is the only registered sale of the unit.

What is the rent for unit 2204?

AED 105,000 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 100,800; the unit has been rented since June 2023.

How big is unit 2204?

908 sqft (84.4 sqm): a two-bedroom apartment on the 22nd floor of a 28-storey tower completed in 2022.

What is unit 2204 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 2204, Vera Residences

Starts from the last sale price (AED 1.27M, 12 November 2019). Switch to today's estimate once you have unlocked it.

Price: AED 1,265,000
Deposit, UAE resident (20%): AED 253,000
Deposit, non-resident (40%): AED 506,000
Monthly over 25 years at 3.7%: AED 5,176

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