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1-bed · 480 sqftVera Residences, Business Bay · 23rd floor · completed 2022

2315, Vera Residences

Sold prices and rental history: sold twice, last in March 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2315 · DLD and Ejari recordsUpdated 7 September 2026
Last soldAED 1.2M28 March 2024
Current rentAED 72K /yr7 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2315, Vera Residences

What is 2315 worth today?

Last sold for AED 1,200,000 in 2024

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7 Sep 2026RentedNew contract
AED 72,000/yr12 months · AED 149 per sqft
28 Mar 2024SoldReady
AED 1,200,000AED 2,499 per sqft
26 Nov 2022RentedNew contract
AED 90,000/yr12 months · AED 186 per sqft
25 Jun 2018Sold by developerOff-plan
AED 847,000AED 1,764 per sqft

Source: Dubai Land Department. Updated 7 September 2026.

Key facts

Type
1-bed apartment
Size
480 sqft
Floor
23rd of 28
Parking
P3-002
Developer
DAMAC
Completed
2022
Service charge
AED 10,600 /yr
Last sold
AED 1.2M · March 2024
Building
Vera Residences

About 2315, Vera Residences

2315 is a one-bedroom apartment of 480 sqft on the 23rd floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 28 March 2024 for AED 1,200,000, or AED 2,499 per sqft, 27% above the AED 1,960 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 7 September 2026, is AED 72,000 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 10,600 a year.

Sales and rents for 2315 over time

Sales
Unit 2315, each saleTypical one-bed in Vera Residences
500K1M2018202120242027Typical 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, June 2018: AED 847,000 (AED 1,764 per sqft)Sold, March 2024: AED 1,200,000 (AED 2,499 per sqft)

2315 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2315, each contractTypical one-bed in Vera Residences
80K202220242026Typical 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 2022: AED 90,000 a yearNew contract, September 2026: AED 72,000 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 2315 sits

All 293 1-beds →

2315 last sold in March 2024 at AED 2,499 per sqft, 27% above what one-beds in Vera Residences were fetching at the time (AED 1,960). 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. 2315's AED 72,000 is in the lower 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

2315, Vera Residences in numbers

  • Sold twice: first on 25 June 2018 for AED 847,000, last on 28 March 2024 for AED 1,200,000 (AED 2,499 per sqft).
  • Rented since November 2022 on 2 Ejari contracts, from AED 90,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 10,600 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 7 September 2026.

Questions about 2315, Vera Residences

What did unit 2315 last sell for?

AED 1,200,000 on 28 March 2024: AED 2,499 per sqft for 480 sqft. The unit has 2 registered sales; the first was AED 847,000 in June 2018.

What is the rent for unit 2315?

AED 72,000 a year on the contract signed on 7 September 2026. The previous contract, from November 2022, was AED 90,000.

How big is unit 2315?

480 sqft (44.6 sqm): a one-bedroom apartment on the 23rd floor of a 28-storey tower completed in 2022.

What is unit 2315 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 2315, Vera Residences

Starts from the last sale price (AED 1.2M, 28 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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