
2217, Vera Residences
Sold prices and rental history: sold once, by the developer in February 2018, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2217, Vera Residences
What is 2217 worth today?
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Source: Dubai Land Department. Updated 15 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 475 sqft
- Floor
- 22nd of 28
- Parking
- P3-016
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 10,500 /yr
- Last sold
- AED 769K · February 2018
- Building
- Vera Residences
About 2217, Vera Residences
2217 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 since 2023 on 2 Ejari contracts. The current contract, signed on 15 August 2026, is AED 65,000 a year: a gross yield of 8.5% on the 2018 price, before the service charge of about AED 10,500 a year.
Sales and rents for 2217 over time
2217 has sold once; the dashed line is the one-bed median of each year in the building.
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 2217 sits
All 293 1-beds →2217 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. 2217's AED 65,000 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 |
Vera Residences
Building522 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%
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 | |
| 2216 | 1-bed | 475 sqft | AED 769KAED 769,000 · Feb 2018February 2018 | 80,000 /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 |
2217, Vera Residences in numbers
- Sold once: by DAMAC on 22 February 2018 for AED 769,000, or AED 1,619 per sqft.
- Rented since November 2023 on 2 Ejari contracts, from AED 80,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2018 price is 8.5%, 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 15 August 2026.
Questions about 2217, Vera Residences
What did unit 2217 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 2217?
AED 65,000 a year on the contract signed on 15 August 2026. The previous contract, from November 2023, was AED 80,000.
How big is unit 2217?
475 sqft (44.1 sqm): a one-bedroom apartment on the 22nd floor of a 28-storey tower completed in 2022.
What is unit 2217 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 2217, 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 →