Home
Dubai prices
About
Research
2-bed · 906 sqftVera Residences, Business Bay · 23rd floor · completed 2022

2305, Vera Residences

Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2305 · DLD and Ejari recordsUpdated 27 October 2025
Last soldAED 1.33M20 March 2018
Current rentAED 118K /yr27 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 2305

Property timeline for 2305, Vera Residences

What is 2305 worth today?

Last sold for AED 1,332,000 in 2018

Unlock today's estimate, updated daily, with

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

27 Oct 2025RentedNew contract
AED 118,000/yr12 months · AED 130 per sqft
25 May 2025RentedNew contract
AED 122,000/yr12 months · AED 135 per sqft
25 May 2025RentedNew contract
AED 122,000/yr12 months · AED 135 per sqft
30 Mar 2024RentedNew contract
AED 120,000/yr12 months · AED 133 per sqft
20 Mar 2018Sold by developerOff-plan
AED 1,332,000AED 1,470 per sqft

Source: Dubai Land Department. Updated 27 October 2025.

Key facts

Type
2-bed apartment
Size
906 sqft
Floor
23rd of 28
Parking
P1-004
Developer
DAMAC
Completed
2022
Service charge
AED 20,000 /yr
Last sold
AED 1.33M · March 2018
Building
Vera Residences

About 2305, Vera Residences

2305 is a two-bedroom apartment of 906 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 20 March 2018 for AED 1,332,000, or AED 1,470 per sqft, 10% above the AED 1,335 two-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 27 October 2025, is AED 118,000 a year: a gross yield of 8.9% on the 2018 price, before the service charge of about AED 20,000 a year.

Sales and rents for 2305 over time

Sales
Unit 2305, each saleTypical two-bed in Vera Residences
1.2M1.4M1.6M2018202120242027Typical sale price by year: 2018 AED 1,233,000; 2019 AED 1,286,500; 2020 AED 1,200,562; 2021 AED 1,263,000; 2022 AED 1,409,800; 2023 AED 1,450,000; 2024 AED 1,500,000; 2025 AED 1,540,000; 2026 AED 1,539,573Sold by developer, March 2018: AED 1,332,000 (AED 1,470 per sqft)

2305 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2305, each contractTypical two-bed in Vera Residences
100K120K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 99,375; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 100,000New contract, March 2024: AED 120,000 a yearNew contract, May 2025: AED 122,000 a yearNew contract, May 2025: AED 122,000 a yearNew contract, October 2025: AED 118,000 a year

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 2305 sits

All 225 2-beds →

2305 last sold in March 2018 at AED 1,470 per sqft, 10% 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. 2305's AED 118,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Oct 20261,350,000
14 Sep 20261,546,373
26 Aug 20261,532,772
16 Jul 20261,513,848
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
Value
23012-bedAED 2.12M · May 2026
23022-bedAED 1.33M · Dec 2018
23031-bedAED 740K · Feb 2018
23042-bedAED 1.36M · Apr 2018
23062-bedAED 1.32M · Apr 2018
23072-bedAED 1.32M · May 2018
23082-bedAED 1.32M · Jun 2019
1–7 of 20

2305, Vera Residences in numbers

  • Sold once: by DAMAC on 20 March 2018 for AED 1,332,000, or AED 1,470 per sqft.
  • Rented since March 2024 on 4 Ejari contracts, from AED 120,000 to AED 118,000 a year.
  • At AED 118,000 a year the gross yield on the 2018 price is 8.9%, 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 27 October 2025.

Questions about 2305, Vera Residences

What did unit 2305 last sell for?

AED 1,332,000 on 20 March 2018, sold by the developer: AED 1,470 per sqft for 906 sqft. It is the only registered sale of the unit.

What is the rent for unit 2305?

AED 118,000 a year on the contract signed on 27 October 2025. The previous contract, from May 2025, was AED 122,000; the unit has been rented since March 2024.

How big is unit 2305?

906 sqft (84.2 sqm): a two-bedroom apartment on the 23rd floor of a 28-storey tower completed in 2022.

What is unit 2305 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 2305? 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 2305, Vera Residences

Starts from the last sale price (AED 1.33M, 20 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,332,000
Deposit, UAE resident (20%)
AED 266,400
Deposit, non-resident (40%)
AED 532,800
Monthly over 25 years at 3.7%
AED 5,450

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