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1-bed · 485 sqftVera Residences, Business Bay · 23rd floor · completed 2022

2314, Vera Residences

Sold prices and rental history: sold twice, last in August 2023, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2314 · DLD and Ejari recordsUpdated 27 November 2025
Last soldAED 980K7 August 2023
Current rentAED 85K /yr27 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2314, Vera Residences

What is 2314 worth today?

Last sold for AED 980,000 in 2023

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27 Nov 2025RentedNew contract
AED 85,000/yr12 months · AED 175 per sqft
7 Aug 2023SoldReady
AED 980,000AED 2,022 per sqft
25 Jul 2018Sold by developerOff-plan
AED 839,000AED 1,751 per sqft

Source: Dubai Land Department. Updated 27 November 2025.

Key facts

Type
1-bed apartment
Size
485 sqft
Floor
23rd of 28
Parking
P3-001
Developer
DAMAC
Completed
2022
Service charge
AED 10,700 /yr
Last sold
AED 980K · August 2023
Building
Vera Residences

About 2314, Vera Residences

2314 is a one-bedroom apartment of 485 sqft on the 23rd floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 7 August 2023 for AED 980,000, or AED 2,022 per sqft, 15% above the AED 1,754 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 November 2025. The current contract, signed on 27 November 2025, is AED 85,000 a year: a gross yield of 8.7% on the 2023 price, before the service charge of about AED 10,700 a year.

Sales and rents for 2314 over time

Sales
Unit 2314, 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, July 2018: AED 839,000 (AED 1,751 per sqft)Sold, August 2023: AED 980,000 (AED 2,022 per sqft)

2314 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2314, each contractTypical one-bed in Vera Residences
70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000New contract, November 2025: AED 85,000 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 2314 sits

All 293 1-beds →

2314 last sold in August 2023 at AED 2,022 per sqft, 15% above what one-beds in Vera Residences were fetching at the time (AED 1,754). 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. 2314's AED 85,000 is in the upper 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
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

2314, Vera Residences in numbers

  • Sold twice: first on 25 July 2018 for AED 839,000, last on 7 August 2023 for AED 980,000 (AED 2,022 per sqft).
  • Rented since November 2025 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 8.7%, before a service charge of about AED 10,700 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 27 November 2025.

Questions about 2314, Vera Residences

What did unit 2314 last sell for?

AED 980,000 on 7 August 2023: AED 2,022 per sqft for 485 sqft. The unit has 2 registered sales; the first was AED 839,000 in July 2018.

What is the rent for unit 2314?

AED 85,000 a year on the contract signed on 27 November 2025.

How big is unit 2314?

485 sqft (45.1 sqm): a one-bedroom apartment on the 23rd floor of a 28-storey tower completed in 2022.

What is unit 2314 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 2314, Vera Residences

Starts from the last sale price (AED 980K, 7 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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