2404, Vera Residences
Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2404, Vera Residences
What is 2404 worth today?
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Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 908 sqft
- Floor
- 24th of 28
- Parking
- G-007
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 20,000 /yr
- Last sold
- AED 2M · August 2024
- Building
- Vera Residences
About 2404, Vera Residences
2404 is a two-bedroom apartment of 908 sqft on the 24th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 5 August 2024 for AED 2,000,000, or AED 2,202 per sqft, 29% above the AED 1,701 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 1 February 2026, is AED 130,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 20,000 a year.
Sales and rents for 2404 over time
2404 has sold twice; the dashed line is the two-bed median of each year in the building.
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 2404 sits
All 225 2-beds →2404 last sold in August 2024 at AED 2,202 per sqft, 29% above what two-beds in Vera Residences were fetching at the time (AED 1,701). 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. 2404's AED 130,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 897 sqft | 1,350,000 | 1,505 | ||
| 14 Sep 202614 September 2026 | 902 sqft | 1,546,373 | 1,714 | ||
| 26 Aug 202626 August 2026 | 890 sqft | 1,532,772 | 1,721 | ||
| 16 Jul 202616 July 2026 | 890 sqft | 1,513,848 | 1,700 |
Vera Residences
Building522 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%
Other units on the 24th floor
All 522 units in Vera Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 905 sqft | AED 1.46MAED 1,460,550 · May 2022May 2022 | 115,000 /yr | |
| 2402 | 2-bed | 892 sqft | AED 1.69MAED 1,693,440 · Mar 2023March 2023 | 110,000 /yr | |
| 2403 | 1-bed | 513 sqft | AED 999KAED 998,620 · Sep 2023September 2023 | 80,000 /yr | |
| 2405 | 2-bed | 906 sqft | AED 1.37MAED 1,373,000 · Jan 2022January 2022 | 110,000 /yr | |
| 2406 | 2-bed | 901 sqft | AED 1.43MAED 1,432,200 · Mar 2022March 2022 | 105,000 /yr | |
| 2407 | 2-bed | 901 sqft | AED 1.38MAED 1,375,000 · May 2023May 2023 | 53,202 /yr | |
| 2408 | 2-bed | 899 sqft | AED 1.5MAED 1,500,000 · Dec 2023December 2023 | 118,000 /yr | |
| 2409 | 2-bed | 909 sqft | AED 1.5MAED 1,500,000 · Nov 2024November 2024 | ||
| 2410 | 1-bed | 475 sqft | AED 905KAED 905,100 · May 2022May 2022 | 83,000 /yr | |
| 2411 | 1-bed | 477 sqft | AED 870KAED 870,000 · Apr 2022April 2022 | ||
| 2412 | 1-bed | 478 sqft | AED 895KAED 894,600 · May 2022May 2022 | ||
| 2413 | 1-bed | 487 sqft | AED 950KAED 950,000 · Jul 2026July 2026 | 75,000 /yr | |
| 2414 | 1-bed | 485 sqft | AED 990KAED 990,000 · Sep 2025September 2025 | 65,000 /yr | |
| 2415 | 1-bed | 480 sqft | AED 1.15MAED 1,150,000 · Mar 2024March 2024 | ||
| 2416 | 1-bed | 475 sqft | AED 1.07MAED 1,070,000 · Oct 2023October 2023 | ||
| 2417 | 1-bed | 475 sqft | AED 910KAED 910,000 · Aug 2023August 2023 | 70,000 /yr | |
| 2418 | 1-bed | 475 sqft | AED 1.02MAED 1,020,000 · May 2024May 2024 | 79,786 /yr | |
| 2419 | 1-bed | 475 sqft | AED 1.02MAED 1,020,000 · May 2024May 2024 | 90,000 /yr | |
| 2420 | 1-bed | 474 sqft | AED 1.05MAED 1,050,000 · Mar 2024March 2024 | ||
| 2421 | 2-bed | 906 sqft | AED 1.48MAED 1,475,250 · May 2022May 2022 | 115,000 /yr |
2404, Vera Residences in numbers
- Sold twice: first on 29 March 2022 for AED 1,478,400, last on 5 August 2024 for AED 2,000,000 (AED 2,202 per sqft).
- Rented since November 2022 on 6 Ejari contracts, from AED 118,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2024 price is 6.5%, 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 1 February 2026.
Questions about 2404, Vera Residences
What did unit 2404 last sell for?
AED 2,000,000 on 5 August 2024: AED 2,202 per sqft for 908 sqft. The unit has 2 registered sales; the first was AED 1,478,400 in March 2022.
What is the rent for unit 2404?
AED 130,000 a year on the contract signed on 1 February 2026. The previous contract, from January 2025, was AED 125,000; the unit has been rented since November 2022.
How big is unit 2404?
908 sqft (84.4 sqm): a two-bedroom apartment on the 24th floor of a 28-storey tower completed in 2022.
What is unit 2404 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 2404, Vera Residences
Starts from the last sale price (AED 2M, 5 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →