2-bed · 892 sqftVera Residences, Business Bay · 23rd floor · completed 2022

2302, 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 December 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 2302

Unit 2302 · DLD and Ejari recordsUpdated 19 July 2025

Last soldAED 1.33M17 December 2018

Current rentAED 110K /yr19 July 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 2302

Property timeline for 2302, Vera Residences

Today

What is 2302 worth today?

Last sold for AED 1,333,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

19 Jul 2025

19 Jul 2025RentedNew contract

AED 110,000/yr12 months · AED 123 per sqft

19 Jul 2025

19 Jul 2025RentedNew contract

AED 110,000/yr12 months · AED 123 per sqft

25 Oct 2023

25 Oct 2023RentedRenewal

AED 95,000/yr12 months · AED 107 per sqft

25 Oct 2022

25 Oct 2022RentedNew contract

AED 90,000/yr12 months · AED 101 per sqft

17 Dec 2018

17 Dec 2018Sold by developerOff-plan

AED 1,333,000AED 1,494 per sqft

Source: Dubai Land Department. Updated 19 July 2025.

Key facts

Type: 2-bed apartment
Size: 892 sqft
Floor: 23rd of 28
Parking: P1-002
Developer: DAMAC
Completed: 2022
Service charge: AED 19,700 /yr
Last sold: AED 1.33M · December 2018
Building: Vera Residences

About 2302, Vera Residences

2302 is a two-bedroom apartment of 892 sqft on the 23rd floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 17 December 2018 for AED 1,333,000, or AED 1,494 per sqft, 10% above the AED 1,364 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 19 July 2025, is AED 110,000 a year: a gross yield of 8.3% on the 2018 price, before the service charge of about AED 19,700 a year.

Sales and rents for 2302 over time

Sales

Unit 2302, each saleTypical two-bed in Vera Residences

2302 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 2302, 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 2302 sits

All 225 2-beds →

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

2302 last sold in December 2018 at AED 1,494 per sqft, 10% above what two-beds in Vera Residences were fetching at the time (AED 1,364). 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. 2302's AED 110,000 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 23rd floor

All 522 units in Vera Residences


2301	2-bed	905 sqft	AED 2.12MAED 2,118,000 · May 2026May 2026
2303	1-bed	473 sqft	AED 740KAED 740,000 · Feb 2018February 2018	73,500 /yr
2304	2-bed	908 sqft	AED 1.36MAED 1,362,000 · Apr 2018April 2018	85,000 /yr
2305	2-bed	906 sqft	AED 1.33MAED 1,332,000 · Mar 2018March 2018	118,000 /yr
2306	2-bed	901 sqft	AED 1.32MAED 1,323,000 · Apr 2018April 2018	108,000 /yr
2307	2-bed	901 sqft	AED 1.32MAED 1,317,000 · May 2018May 2018
2308	2-bed	899 sqft	AED 1.32MAED 1,316,000 · Jun 2019June 2019	110,000 /yr
2309	2-bed	909 sqft	AED 1.33MAED 1,333,000 · Apr 2018April 2018	100,000 /yr
2310	1-bed	475 sqft	AED 525KAED 525,000 · Mar 2021March 2021	60,000 /yr
2311	1-bed	477 sqft	AED 730KAED 730,000 · Feb 2018February 2018	78,000 /yr
2312	1-bed	478 sqft	AED 822KAED 822,000 · Dec 2018December 2018
2313	1-bed	487 sqft	AED 841KAED 841,000 · Oct 2018October 2018	65,000 /yr
2314	1-bed	485 sqft	AED 980KAED 980,000 · Aug 2023August 2023	85,000 /yr
2315	1-bed	480 sqft	AED 1.2MAED 1,200,000 · Mar 2024March 2024	72,000 /yr
2316	1-bed	475 sqft	AED 840KAED 840,000 · Jun 2018June 2018	73,000 /yr
2317	1-bed	475 sqft	AED 1.14MAED 1,140,000 · Aug 2024August 2024	102,000 /yr
2318	1-bed	475 sqft	AED 1.05MAED 1,050,000 · Nov 2024November 2024	69,895 /yr
2319	1-bed	475 sqft	AED 844KAED 844,000 · May 2018May 2018
2320	1-bed	474 sqft	AED 844KAED 844,000 · May 2018May 2018
2321	2-bed	906 sqft	AED 1.36MAED 1,360,000 · Jul 2018July 2018	125,000 /yr

1–7 of 20

2302, Vera Residences in numbers

Sold once: by DAMAC on 17 December 2018 for AED 1,333,000, or AED 1,494 per sqft.
Rented since October 2022 on 4 Ejari contracts, from AED 90,000 to AED 110,000 a year.
At AED 110,000 a year the gross yield on the 2018 price is 8.3%, before a service charge of about AED 19,700 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 19 July 2025.

Questions about 2302, Vera Residences

What did unit 2302 last sell for?

AED 1,333,000 on 17 December 2018, sold by the developer: AED 1,494 per sqft for 892 sqft. It is the only registered sale of the unit.

What is the rent for unit 2302?

AED 110,000 a year on the contract signed on 19 July 2025. The previous contract, from July 2025, was AED 110,000; the unit has been rented since October 2022.

How big is unit 2302?

892 sqft (82.9 sqm): a two-bedroom apartment on the 23rd floor of a 28-storey tower completed in 2022.

What is unit 2302 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.

Selling 2302? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2302, Vera Residences

Starts from the last sale price (AED 1.33M, 17 December 2018). Switch to today's estimate once you have unlocked it.

Price: AED 1,333,000
Deposit, UAE resident (20%): AED 266,600
Deposit, non-resident (40%): AED 533,200
Monthly over 25 years at 3.7%: AED 5,454

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