2-bed · 899 sqftVera Residences, Business Bay · 23rd floor · completed 2022

2308, 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 June 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 2308

Unit 2308 · DLD and Ejari recordsUpdated 3 February 2026

Last soldAED 1.32M17 June 2019

Current rentAED 110K /yr3 February 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 2308

Property timeline for 2308, Vera Residences

Today

What is 2308 worth today?

Last sold for AED 1,316,000 in 2019

Unlock today's estimate, updated daily, with

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

3 Feb 2026

3 Feb 2026RentedRenewal

AED 110,000/yr12 months · AED 122 per sqft

3 Feb 2025

3 Feb 2025RentedRenewal

AED 105,000/yr12 months · AED 117 per sqft

3 Feb 2025

3 Feb 2025RentedRenewal

AED 105,000/yr12 months · AED 117 per sqft

3 Feb 2024

3 Feb 2024RentedNew contract

AED 100,000/yr12 months · AED 111 per sqft

31 Dec 2023

31 Dec 2023RentedRenewal

AED 100,000/yr12 months · AED 111 per sqft

31 Dec 2022

31 Dec 2022RentedNew contract

AED 90,000/yr12 months · AED 100 per sqft

17 Jun 2019

17 Jun 2019Sold by developerOff-plan

AED 1,316,000AED 1,463 per sqft

Source: Dubai Land Department. Updated 3 February 2026.

Key facts

Type: 2-bed apartment
Size: 899 sqft
Floor: 23rd of 28
Parking: G-002
Developer: DAMAC
Completed: 2022
Service charge: AED 19,800 /yr
Last sold: AED 1.32M · June 2019
Building: Vera Residences

About 2308, Vera Residences

2308 is a two-bedroom apartment of 899 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 June 2019 for AED 1,316,000, or AED 1,463 per sqft, in line with the AED 1,435 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 3 February 2026, is AED 110,000 a year: a gross yield of 8.4% on the 2019 price, before the service charge of about AED 19,800 a year.

Sales and rents for 2308 over time

Sales

Unit 2308, each saleTypical two-bed in Vera Residences

2308 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 2308, 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 2308 sits

All 225 2-beds →

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

2308 last sold in June 2019 at AED 1,463 per sqft, in line with what two-beds in Vera Residences were fetching at the time (AED 1,435). 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. 2308'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
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
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
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

2308, Vera Residences in numbers

Sold once: by DAMAC on 17 June 2019 for AED 1,316,000, or AED 1,463 per sqft.
Rented since December 2022 on 6 Ejari contracts, from AED 90,000 to AED 110,000 a year.
At AED 110,000 a year the gross yield on the 2019 price is 8.4%, before a service charge of about AED 19,800 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 3 February 2026.

Questions about 2308, Vera Residences

What did unit 2308 last sell for?

AED 1,316,000 on 17 June 2019, sold by the developer: AED 1,463 per sqft for 899 sqft. It is the only registered sale of the unit.

What is the rent for unit 2308?

AED 110,000 a year on the contract renewed on 3 February 2026. The previous contract, from February 2025, was AED 105,000; the unit has been rented since December 2022.

How big is unit 2308?

899 sqft (83.5 sqm): a two-bedroom apartment on the 23rd floor of a 28-storey tower completed in 2022.

What is unit 2308 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 2308? 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 2308, Vera Residences

Starts from the last sale price (AED 1.32M, 17 June 2019). Switch to today's estimate once you have unlocked it.

Price: AED 1,316,000
Deposit, UAE resident (20%): AED 263,200
Deposit, non-resident (40%): AED 526,400
Monthly over 25 years at 3.7%: AED 5,384

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