2-bed · 909 sqftVera Residences, Business Bay · 23rd floor · completed 2022

2309, Vera Residences

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.

Unit 2309 · DLD and Ejari recordsUpdated 3 October 2025
Last soldAED 1.33M30 April 2018
Current rentAED 100K /yr3 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2309, Vera Residences

What is 2309 worth today?

Last sold for AED 1,333,000 in 2018

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3 Oct 2025RentedRenewal
AED 100,000/yr12 months · AED 111 per sqft
3 Oct 2024RentedRenewal
AED 100,000/yr12 months · AED 111 per sqft
3 Oct 2023RentedNew contract
AED 95,000/yr12 months · AED 105 per sqft
1 Oct 2022RentedNew contract
AED 87,000/yr12 months · AED 96 per sqft
30 Apr 2018Sold by developerOff-plan
AED 1,333,000AED 1,466 per sqft

Source: Dubai Land Department. Updated 3 October 2025.

Key facts

Type
2-bed apartment
Size
909 sqft
Floor
23rd of 28
Parking
G-003
Developer
DAMAC
Completed
2022
Service charge
AED 20,000 /yr
Last sold
AED 1.33M · April 2018

About 2309, Vera Residences

2309 is a two-bedroom apartment of 909 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 30 April 2018 for AED 1,333,000, or AED 1,466 per sqft, 9% above the AED 1,342 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 3 October 2025, is AED 100,000 a year: a gross yield of 7.5% on the 2018 price, before the service charge of about AED 20,000 a year.

Sales and rents for 2309 over time

Sales
Unit 2309, 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, April 2018: AED 1,333,000 (AED 1,466 per sqft)

2309 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2309, each contractTypical two-bed in Vera Residences
100K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 99,375; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 100,000New contract, October 2022: AED 87,000 a yearNew contract, October 2023: AED 95,000 a yearRenewal, October 2024: AED 100,000 a yearRenewal, October 2025: AED 100,000 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 2309 sits

All 225 2-beds →

2309 last sold in April 2018 at AED 1,466 per sqft, 9% above what two-beds in Vera Residences were fetching at the time (AED 1,342). 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. 2309's AED 100,000 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
23052-bedAED 1.33M · Mar 2018
23062-bedAED 1.32M · Apr 2018
23072-bedAED 1.32M · May 2018
1–7 of 20

2309, Vera Residences in numbers

  • Sold once: by DAMAC on 30 April 2018 for AED 1,333,000, or AED 1,466 per sqft.
  • Rented since October 2022 on 4 Ejari contracts, from AED 87,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2018 price is 7.5%, 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 3 October 2025.

Questions about 2309, Vera Residences

What did unit 2309 last sell for?

AED 1,333,000 on 30 April 2018, sold by the developer: AED 1,466 per sqft for 909 sqft. It is the only registered sale of the unit.

What is the rent for unit 2309?

AED 100,000 a year on the contract renewed on 3 October 2025. The previous contract, from October 2024, was AED 100,000; the unit has been rented since October 2022.

How big is unit 2309?

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

What is unit 2309 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 2309, Vera Residences

Starts from the last sale price (AED 1.33M, 30 April 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 →