1-bed · 474 sqftVera Residences, Business Bay · 23rd floor · completed 2022

2320, Vera Residences

Sold prices and rental history: sold once, by the developer in May 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2320 · DLD and Ejari recordsUpdated 1 May 2018
Last soldAED 844K1 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2320, Vera Residences

What is 2320 worth today?

Last sold for AED 844,000 in 2018

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1 May 2018Sold by developerOff-plan
AED 844,000AED 1,779 per sqft

Source: Dubai Land Department. Updated 1 May 2018.

Key facts

Type
1-bed apartment
Size
474 sqft
Floor
23rd of 28
Parking
P3-007
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 844K · May 2018

About 2320, Vera Residences

2320 is a one-bedroom apartment of 474 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 1 May 2018 for AED 844,000, or AED 1,779 per sqft, 12% above the AED 1,582 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2320 over time

Sales
Unit 2320, 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, May 2018: AED 844,000 (AED 1,779 per sqft)

2320 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2320, each contractTypical one-bed in Vera Residences
65K70K75K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000

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 2320 sits

All 293 1-beds →

2320 last sold in May 2018 at AED 1,779 per sqft, 12% above what one-beds in Vera Residences were fetching at the time (AED 1,582). 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.

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

2320, Vera Residences in numbers

  • Sold once: by DAMAC on 1 May 2018 for AED 844,000, or AED 1,779 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 1 May 2018.

Questions about 2320, Vera Residences

What did unit 2320 last sell for?

AED 844,000 on 1 May 2018, sold by the developer: AED 1,779 per sqft for 474 sqft. It is the only registered sale of the unit.

How big is unit 2320?

474 sqft (44.0 sqm): a one-bedroom apartment on the 23rd floor of a 28-storey tower completed in 2022.

What is unit 2320 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 2320, Vera Residences

Starts from the last sale price (AED 844K, 1 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 844,000
Deposit, UAE resident (20%)
AED 168,800
Deposit, non-resident (40%)
AED 337,600
Monthly over 25 years at 3.7%
AED 3,453

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