2407, Vera Residences
Sold prices and rental history: sold twice, last in May 2023, and rented once, from March 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2407, Vera Residences
What is 2407 worth today?
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Source: Dubai Land Department. Updated 15 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 901 sqft
- Floor
- 24th of 28
- Parking
- G-010
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 19,900 /yr
- Last sold
- AED 1.38M · May 2023
- Building
- Vera Residences
About 2407, Vera Residences
2407 is a two-bedroom apartment of 901 sqft on the 24th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 22 May 2023 for AED 1,375,000, or AED 1,525 per sqft, in line with the AED 1,501 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 March 2025. The current contract, signed on 15 March 2025, is AED 53,202 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 19,900 a year.
Sales and rents for 2407 over time
2407 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 2407 sits
All 225 2-beds →2407 last sold in May 2023 at AED 1,525 per sqft, in line with what two-beds in Vera Residences were fetching at the time (AED 1,501). 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. 2407's AED 53,202 is in the lower 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 | |
| 2404 | 2-bed | 908 sqft | AED 2MAED 2,000,000 · Aug 2024August 2024 | 130,000 /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 | |
| 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 |
2407, Vera Residences in numbers
- Sold twice: first on 21 March 2022 for AED 1,432,200, last on 22 May 2023 for AED 1,375,000 (AED 1,525 per sqft).
- Rented since March 2025 on one Ejari contract, at AED 53,202 a year.
- At AED 53,202 a year the gross yield on the 2023 price is 3.9%, before a service charge of about AED 19,900 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 15 March 2025.
Questions about 2407, Vera Residences
What did unit 2407 last sell for?
AED 1,375,000 on 22 May 2023: AED 1,525 per sqft for 901 sqft. The unit has 2 registered sales; the first was AED 1,432,200 in March 2022.
What is the rent for unit 2407?
AED 53,202 a year on the contract signed on 15 March 2025.
How big is unit 2407?
901 sqft (83.7 sqm): a two-bedroom apartment on the 24th floor of a 28-storey tower completed in 2022.
What is unit 2407 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 2407, Vera Residences
Starts from the last sale price (AED 1.38M, 22 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,375,000
- Deposit, UAE resident (20%)
- AED 275,000
- Deposit, non-resident (40%)
- AED 550,000
- Monthly over 25 years at 3.7%
- AED 5,626
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →