1-bed · 475 sqftVera Residences, Business Bay · 22nd floor · completed 2022

2216, Vera Residences

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2216 · DLD and Ejari recordsUpdated 25 March 2026

Last soldAED 769K22 February 2018

Current rentAED 80K /yr25 March 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 2216, Vera Residences

Today

What is 2216 worth today?

Last sold for AED 769,000 in 2018

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25 Mar 2026

25 Mar 2026RentedRenewal

AED 80,000/yr12 months · AED 169 per sqft

25 Mar 2025

25 Mar 2025RentedRenewal

AED 80,000/yr12 months · AED 169 per sqft

25 Mar 2025

25 Mar 2025RentedRenewal

AED 80,000/yr12 months · AED 169 per sqft

25 Mar 2024

25 Mar 2024RentedNew contract

AED 80,000/yr12 months · AED 169 per sqft

11 Jan 2023

11 Jan 2023RentedNew contract

AED 80,000/yr12 months · AED 169 per sqft

22 Feb 2018

22 Feb 2018Sold by developerOff-plan

AED 769,000AED 1,619 per sqft

Source: Dubai Land Department. Updated 25 March 2026.

Key facts

Type: 1-bed apartment
Size: 475 sqft
Floor: 22nd of 28
Parking: P3-015
Developer: DAMAC
Completed: 2022
Service charge: AED 10,500 /yr
Last sold: AED 769K · February 2018
Building: Vera Residences

About 2216, Vera Residences

2216 is a one-bedroom apartment of 475 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 22 February 2018 for AED 769,000, or AED 1,619 per sqft, in line with the AED 1,575 one-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 25 March 2026, is AED 80,000 a year: a gross yield of 10.4% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 2216 over time

Sales

Unit 2216, each saleTypical one-bed in Vera Residences

2216 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 2216, 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 2216 sits

All 293 1-beds →

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

2216 last sold in February 2018 at AED 1,619 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,575). 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. 2216's AED 80,000 is in the lower half of that range.

Recent 1-bed sales	Unit no.	Size	Price (AED)	Per sqft	Summary
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 22nd floor

All 522 units in Vera Residences

					ValueToday's value
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
2204	2-bed	908 sqft	AED 1.27MAED 1,265,000 · Nov 2019November 2019	105,000 /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
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

2216, Vera Residences in numbers

Sold once: by DAMAC on 22 February 2018 for AED 769,000, or AED 1,619 per sqft.
Rented since January 2023 on 5 Ejari contracts, at AED 80,000 a year.
At AED 80,000 a year the gross yield on the 2018 price is 10.4%, 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 25 March 2026.

Questions about 2216, Vera Residences

What did unit 2216 last sell for?

AED 769,000 on 22 February 2018, sold by the developer: AED 1,619 per sqft for 475 sqft. It is the only registered sale of the unit.

What is the rent for unit 2216?

AED 80,000 a year on the contract renewed on 25 March 2026. The previous contract, from March 2025, was AED 80,000; the unit has been rented since January 2023.

How big is unit 2216?

475 sqft (44.1 sqm): a one-bedroom apartment on the 22nd floor of a 28-storey tower completed in 2022.

What is unit 2216 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 2216, Vera Residences

Starts from the last sale price (AED 769K, 22 February 2018). Switch to today's estimate once you have unlocked it.

Price: AED 769,000
Deposit, UAE resident (20%): AED 153,800
Deposit, non-resident (40%): AED 307,600
Monthly over 25 years at 3.7%: AED 3,146

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