2-bed · 899 sqftVera Residences, Business Bay · 24th floor · completed 2022

2408, Vera Residences

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 2408 · DLD and Ejari recordsUpdated 20 August 2026

Last soldAED 1.5M25 December 2023

Current rentAED 118K /yr20 August 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 2408, Vera Residences

Today

What is 2408 worth today?

Last sold for AED 1,500,000 in 2023

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20 Aug 2026

20 Aug 2026RentedRenewal

AED 118,000/yr12 months · AED 131 per sqft

20 Aug 2025

20 Aug 2025RentedNew contract

AED 120,000/yr12 months · AED 133 per sqft

8 Apr 2024

8 Apr 2024RentedNew contract

AED 130,000/yr13 months · AED 144 per sqft

25 Dec 2023

25 Dec 2023SoldReady

AED 1,500,000AED 1,668 per sqft

3 Jan 2023

3 Jan 2023RentedNew contract

AED 118,000/yr12 months · AED 131 per sqft

9 Feb 2022

9 Feb 2022Sold by developerOff-plan

AED 1,363,000AED 1,515 per sqft

Source: Dubai Land Department. Updated 20 August 2026.

Key facts

Type: 2-bed apartment
Size: 899 sqft
Floor: 24th of 28
Parking: G-011
Developer: DAMAC
Completed: 2022
Service charge: AED 19,800 /yr
Last sold: AED 1.5M · December 2023
Building: Vera Residences

About 2408, Vera Residences

2408 is a two-bedroom apartment of 899 sqft on the 24th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 25 December 2023 for AED 1,500,000, or AED 1,668 per sqft, 5% above the AED 1,591 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 20 August 2026, is AED 118,000 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 19,800 a year.

Sales and rents for 2408 over time

Sales

Unit 2408, each saleTypical two-bed in Vera Residences

2408 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents

Unit 2408, each contractTypical two-bed in Vera Residences

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 2408 sits

All 225 2-beds →

2-beds in Vera Residences · last 12 months1,707 /sqft Vera Residences · all types2,097 /sqft

2408 last sold in December 2023 at AED 1,668 per sqft, 5% above what two-beds in Vera Residences were fetching at the time (AED 1,591). 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. 2408's AED 118,000 is in the upper half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
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

12 2-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


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
2407	2-bed	901 sqft	AED 1.38MAED 1,375,000 · May 2023May 2023	53,202 /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

1–7 of 20

2408, Vera Residences in numbers

Sold twice: first on 9 February 2022 for AED 1,363,000, last on 25 December 2023 for AED 1,500,000 (AED 1,668 per sqft).
Rented since January 2023 on 4 Ejari contracts, at AED 118,000 a year.
At AED 118,000 a year the gross yield on the 2023 price is 7.9%, before a service charge of about AED 19,800 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 20 August 2026.

Questions about 2408, Vera Residences

What did unit 2408 last sell for?

AED 1,500,000 on 25 December 2023: AED 1,668 per sqft for 899 sqft. The unit has 2 registered sales; the first was AED 1,363,000 in February 2022.

What is the rent for unit 2408?

AED 118,000 a year on the contract renewed on 20 August 2026. The previous contract, from August 2025, was AED 120,000; the unit has been rented since January 2023.

How big is unit 2408?

899 sqft (83.5 sqm): a two-bedroom apartment on the 24th floor of a 28-storey tower completed in 2022.

What is unit 2408 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 2408, Vera Residences

Starts from the last sale price (AED 1.5M, 25 December 2023). Switch to today's estimate once you have unlocked it.

Price: AED 1,500,000
Deposit, UAE resident (20%): AED 300,000
Deposit, non-resident (40%): AED 600,000
Monthly over 25 years at 3.7%: AED 6,137

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