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1-bed · 513 sqftVera Residences, Business Bay · 24th floor · completed 2022

2403, Vera Residences

Sold prices and rental history: sold once, by the developer in September 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 2403 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 999K14 September 2023
Current rentAED 80K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2403, Vera Residences

What is 2403 worth today?

Last sold for AED 998,620 in 2023

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1 Nov 2025RentedRenewal
AED 80,000/yr12 months · AED 158 per sqft
14 Sep 2023Sold by developerReady
AED 998,620AED 1,946 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
1-bed apartment
Size
513 sqft
Floor
24th of 28
Parking
P2-110
Developer
DAMAC
Completed
2022
Service charge
AED 11,300 /yr
Last sold
AED 999K · September 2023
Building
Vera Residences

About 2403, Vera Residences

2403 is a one-bedroom apartment of 513 sqft on the 24th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 14 September 2023 for AED 998,620, or AED 1,946 per sqft, 10% above the AED 1,774 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2025. The current contract, renewed on 1 November 2025, is AED 80,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 11,300 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, 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, September 2023: AED 998,620 (AED 1,946 per sqft)

2403 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2403, 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 67,000Renewal, November 2025: AED 80,000 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 2403 sits

All 293 1-beds →

2403 last sold in September 2023 at AED 1,946 per sqft, 10% above what one-beds in Vera Residences were fetching at the time (AED 1,774). 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. 2403's AED 80,000 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 24th floor

All 522 units in Vera Residences
Value
24012-bedAED 1.46M · May 2022
24022-bedAED 1.69M · Mar 2023
24042-bedAED 2M · Aug 2024
24052-bedAED 1.37M · Jan 2022
24062-bedAED 1.43M · Mar 2022
24072-bedAED 1.38M · May 2023
24082-bedAED 1.5M · Dec 2023
1–7 of 20

2403, Vera Residences in numbers

  • Sold once: by DAMAC on 14 September 2023 for AED 998,620, or AED 1,946 per sqft.
  • Rented since November 2025 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 8.0%, before a service charge of about AED 11,300 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 1 November 2025.

Questions about 2403, Vera Residences

What did unit 2403 last sell for?

AED 998,620 on 14 September 2023, sold by the developer: AED 1,946 per sqft for 513 sqft. It is the only registered sale of the unit.

What is the rent for unit 2403?

AED 80,000 a year on the contract renewed on 1 November 2025.

How big is unit 2403?

513 sqft (47.7 sqm): a one-bedroom apartment on the 24th floor of a 28-storey tower completed in 2022.

What is unit 2403 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 2403, Vera Residences

Starts from the last sale price (AED 999K, 14 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 998,620
Deposit, UAE resident (20%)
AED 199,724
Deposit, non-resident (40%)
AED 399,448
Monthly over 25 years at 3.7%
AED 4,086

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