1-bed · 473 sqftVera Residences, Business Bay · 23rd floor · completed 2022

2303, Vera Residences

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2303 · DLD and Ejari recordsUpdated 23 December 2025
Last soldAED 740K7 February 2018
Current rentAED 78K /yr23 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2303, Vera Residences

What is 2303 worth today?

Last sold for AED 740,000 in 2018

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23 Dec 2025RentedRenewal
AED 78,000/yr12 months · AED 151 per sqft
23 Dec 2025RentedRenewal
AED 73,500/yr12 months · AED 142 per sqft
23 Dec 2024RentedRenewal
AED 73,000/yr12 months · AED 141 per sqft
23 Dec 2024RentedRenewal
AED 73,500/yr12 months · AED 142 per sqft
23 Dec 2023RentedRenewal
AED 63,000/yr12 months · AED 122 per sqft
23 Dec 2023RentedRenewal
AED 73,500/yr12 months · AED 142 per sqft
23 Dec 2022RentedNew contract
AED 60,000/yr12 months · AED 116 per sqft
7 Feb 2018Sold by developerOff-plan
AED 740,000AED 1,564 per sqft

Source: Dubai Land Department. Updated 23 December 2025.

Key facts

Type
1-bed apartment
Size
473 sqft
Floor
23rd of 28
Parking
P2-122
Developer
DAMAC
Completed
2022
Service charge
AED 10,400 /yr
Last sold
AED 740K · February 2018

About 2303, Vera Residences

2303 is a one-bedroom apartment of 473 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 7 February 2018 for AED 740,000, or AED 1,564 per sqft, in line with the AED 1,563 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, renewed on 23 December 2025, is AED 78,000 a year: a gross yield of 10.5% on the 2018 price, before the service charge of about AED 10,400 a year.

Sales and rents for 2303 over time

Sales
Unit 2303, each saleTypical one-bed in Vera Residences
500K750K1M2018202120242027Typical sale price by year: 2018 AED 753,000; 2019 AED 741,560; 2021 AED 590,000; 2022 AED 829,500; 2023 AED 900,000; 2024 AED 1,072,500; 2025 AED 1,100,000; 2026 AED 1,100,000Sold by developer, February 2018: AED 740,000 (AED 1,564 per sqft)

2303 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2303, each contractTypical one-bed in Vera Residences
60K70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000New contract, December 2022: AED 60,000 a yearRenewal, December 2023: AED 63,000 a yearRenewal, December 2023: AED 73,500 a yearRenewal, December 2024: AED 73,000 a yearRenewal, December 2024: AED 73,500 a yearRenewal, December 2025: AED 78,000 a yearRenewal, December 2025: AED 73,500 a year

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 2303 sits

All 293 1-beds →

2303 last sold in February 2018 at AED 1,564 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,563). 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. 2303's AED 78,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 2026940,000
16 Oct 20261,000,000
19 Aug 20261,254,000
18 Aug 20261,141,000
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 23rd floor

All 522 units in Vera Residences
Value
23012-bedAED 2.12M · May 2026
23022-bedAED 1.33M · Dec 2018
23042-bedAED 1.36M · Apr 2018
23052-bedAED 1.33M · Mar 2018
23062-bedAED 1.32M · Apr 2018
23072-bedAED 1.32M · May 2018
23082-bedAED 1.32M · Jun 2019
1–7 of 20

2303, Vera Residences in numbers

  • Sold once: by DAMAC on 7 February 2018 for AED 740,000, or AED 1,564 per sqft.
  • Rented since December 2022 on 7 Ejari contracts, from AED 60,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2018 price is 10.5%, before a service charge of about AED 10,400 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 23 December 2025.

Questions about 2303, Vera Residences

What did unit 2303 last sell for?

AED 740,000 on 7 February 2018, sold by the developer: AED 1,564 per sqft for 473 sqft. It is the only registered sale of the unit.

What is the rent for unit 2303?

AED 78,000 a year on the contract renewed on 23 December 2025. The previous contract, from December 2025, was AED 73,500; the unit has been rented since December 2022.

How big is unit 2303?

473 sqft (43.9 sqm): a one-bedroom apartment on the 23rd floor of a 28-storey tower completed in 2022.

What is unit 2303 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 2303, Vera Residences

Starts from the last sale price (AED 740K, 7 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 740,000
Deposit, UAE resident (20%)
AED 148,000
Deposit, non-resident (40%)
AED 296,000
Monthly over 25 years at 3.7%
AED 3,028

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