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

2218, 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 twice, last in January 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 2218 · DLD and Ejari recordsUpdated 13 January 2025

Last soldAED 1.08M13 January 2025

Current rentAED 70K /yr28 October 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 2218, Vera Residences

Today

What is 2218 worth today?

Last sold for AED 1,080,000 in 2025

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13 Jan 2025

13 Jan 2025SoldReady

AED 1,080,000AED 2,274 per sqft

28 Oct 2023

28 Oct 2023RentedNew contract

AED 70,000/yr12 months · AED 147 per sqft

21 Oct 2022

21 Oct 2022RentedNew contract

AED 65,000/yr12 months · AED 137 per sqft

13 Feb 2018

13 Feb 2018Sold by developerOff-plan

AED 769,000AED 1,619 per sqft

Source: Dubai Land Department. Updated 13 January 2025.

Key facts

Type: 1-bed apartment
Size: 475 sqft
Floor: 22nd of 28
Parking: P3-017
Developer: DAMAC
Completed: 2022
Service charge: AED 10,500 /yr
Last sold: AED 1.08M · January 2025
Building: Vera Residences

About 2218, Vera Residences

2218 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. It last sold on 13 January 2025 for AED 1,080,000, or AED 2,274 per sqft, in line with the AED 2,212 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 28 October 2023, is AED 70,000 a year: a gross yield of 6.5% on the 2025 price, before the service charge of about AED 10,500 a year.

Sales and rents for 2218 over time

Sales

Unit 2218, each saleTypical one-bed in Vera Residences

2218 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents

Unit 2218, 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 2218 sits

All 293 1-beds →

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

2218 last sold in January 2025 at AED 2,274 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 2,212). 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. 2218's AED 70,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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


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
2217	1-bed	475 sqft	AED 769KAED 769,000 · Feb 2018February 2018	65,000 /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

2218, Vera Residences in numbers

Sold twice: first on 13 February 2018 for AED 769,000, last on 13 January 2025 for AED 1,080,000 (AED 2,274 per sqft).
Rented since October 2022 on 2 Ejari contracts, from AED 65,000 to AED 70,000 a year.
At AED 70,000 a year the gross yield on the 2025 price is 6.5%, 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 13 January 2025.

Questions about 2218, Vera Residences

What did unit 2218 last sell for?

AED 1,080,000 on 13 January 2025: AED 2,274 per sqft for 475 sqft. The unit has 2 registered sales; the first was AED 769,000 in February 2018.

What is the rent for unit 2218?

AED 70,000 a year on the contract signed on 28 October 2023. The previous contract, from October 2022, was AED 65,000.

How big is unit 2218?

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

What is unit 2218 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 2218, Vera Residences

Starts from the last sale price (AED 1.08M, 13 January 2025). Switch to today's estimate once you have unlocked it.

Price: AED 1,080,000
Deposit, UAE resident (20%): AED 216,000
Deposit, non-resident (40%): AED 432,000
Monthly over 25 years at 3.7%: AED 4,419

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