2-bed · 908 sqftVera Residences, Business Bay · 23rd floor · completed 2022

2304, 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 April 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 2304 · DLD and Ejari recordsUpdated 24 August 2026

Last soldAED 1.36M4 April 2018

Current rentAED 85K /yr24 August 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 2304, Vera Residences

Today

What is 2304 worth today?

Last sold for AED 1,362,000 in 2018

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24 Aug 2026

24 Aug 2026RentedNew contract

AED 85,000/yr12 months · AED 94 per sqft

8 Jan 2025

8 Jan 2025RentedNew contract

AED 120,000/yr12 months · AED 132 per sqft

8 Jan 2025

8 Jan 2025RentedNew contract

AED 120,000/yr12 months · AED 132 per sqft

1 Dec 2023

1 Dec 2023RentedNew contract

AED 120,000/yr12 months · AED 133 per sqft

16 Nov 2022

16 Nov 2022RentedNew contract

AED 120,000/yr12 months · AED 133 per sqft

4 Apr 2018

4 Apr 2018Sold by developerOff-plan

AED 1,362,000AED 1,500 per sqft

Source: Dubai Land Department. Updated 24 August 2026.

Key facts

Type: 2-bed apartment
Size: 908 sqft
Floor: 23rd of 28
Parking: P1-003
Developer: DAMAC
Completed: 2022
Service charge: AED 20,000 /yr
Last sold: AED 1.36M · April 2018
Building: Vera Residences

About 2304, Vera Residences

2304 is a two-bedroom apartment of 908 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 4 April 2018 for AED 1,362,000, or AED 1,500 per sqft, 12% above the AED 1,335 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 24 August 2026, is AED 85,000 a year: a gross yield of 6.2% on the 2018 price, before the service charge of about AED 20,000 a year.

Sales and rents for 2304 over time

Sales

Unit 2304, each saleTypical two-bed in Vera Residences

2304 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 2304, 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 2304 sits

All 225 2-beds →

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

2304 last sold in April 2018 at AED 1,500 per sqft, 12% above what two-beds in Vera Residences were fetching at the time (AED 1,335). 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. 2304's AED 85,000 is in the lower 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
2302	2-bed	892 sqft	AED 1.33MAED 1,333,000 · Dec 2018December 2018	110,000 /yr
2303	1-bed	473 sqft	AED 740KAED 740,000 · Feb 2018February 2018	73,500 /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

2304, Vera Residences in numbers

Sold once: by DAMAC on 4 April 2018 for AED 1,362,000, or AED 1,500 per sqft.
Rented since November 2022 on 5 Ejari contracts, from AED 120,000 to AED 85,000 a year.
At AED 85,000 a year the gross yield on the 2018 price is 6.2%, before a service charge of about AED 20,000 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 24 August 2026.

Questions about 2304, Vera Residences

What did unit 2304 last sell for?

AED 1,362,000 on 4 April 2018, sold by the developer: AED 1,500 per sqft for 908 sqft. It is the only registered sale of the unit.

What is the rent for unit 2304?

AED 85,000 a year on the contract signed on 24 August 2026. The previous contract, from January 2025, was AED 120,000; the unit has been rented since November 2022.

How big is unit 2304?

908 sqft (84.4 sqm): a two-bedroom apartment on the 23rd floor of a 28-storey tower completed in 2022.

What is unit 2304 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.

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Mortgage on 2304, Vera Residences

Starts from the last sale price (AED 1.36M, 4 April 2018). Switch to today's estimate once you have unlocked it.

Price: AED 1,362,000
Deposit, UAE resident (20%): AED 272,400
Deposit, non-resident (40%): AED 544,800
Monthly over 25 years at 3.7%: AED 5,572

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