2-bed · 909 sqftVera Residences, Business Bay · 24th floor · completed 2022

2409, Vera Residences

Sold prices and rental history: sold twice, last in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2409 · DLD and Ejari recordsUpdated 21 November 2024
Last soldAED 1.5M21 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2409, Vera Residences

What is 2409 worth today?

Last sold for AED 1,500,000 in 2024

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21 Nov 2024SoldReady
AED 1,500,000AED 1,650 per sqft
4 Mar 2022Sold by developerOff-plan
AED 1,445,850AED 1,590 per sqft

Source: Dubai Land Department. Updated 21 November 2024.

Key facts

Type
2-bed apartment
Size
909 sqft
Floor
24th of 28
Parking
G-012
Developer
DAMAC
Completed
2022
Service charge
AED 20,000 /yr
Last sold
AED 1.5M · November 2024

About 2409, Vera Residences

2409 is a two-bedroom apartment of 909 sqft on the 24th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 21 November 2024 for AED 1,500,000, or AED 1,650 per sqft, in line with the AED 1,668 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2409 over time

Sales
Unit 2409, each saleTypical two-bed in Vera Residences
1.2M1.4M1.6M2018202120242027Typical sale price by year: 2018 AED 1,233,000; 2019 AED 1,286,500; 2020 AED 1,200,562; 2021 AED 1,263,000; 2022 AED 1,409,800; 2023 AED 1,450,000; 2024 AED 1,500,000; 2025 AED 1,540,000; 2026 AED 1,539,573Sold by developer, March 2022: AED 1,445,850 (AED 1,590 per sqft)Sold, November 2024: AED 1,500,000 (AED 1,650 per sqft)

2409 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2409, each contractTypical two-bed in Vera Residences
90K100K110K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 99,375; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 100,000

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 2409 sits

All 225 2-beds →

2409 last sold in November 2024 at AED 1,650 per sqft, in line with what two-beds in Vera Residences were fetching at the time (AED 1,668). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Oct 20261,350,000
14 Sep 20261,546,373
26 Aug 20261,532,772
16 Jul 20261,513,848
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
Value
24012-bedAED 1.46M · May 2022
24022-bedAED 1.69M · Mar 2023
24031-bedAED 999K · Sep 2023
24042-bedAED 2M · Aug 2024
24052-bedAED 1.37M · Jan 2022
24062-bedAED 1.43M · Mar 2022
24072-bedAED 1.38M · May 2023
1–7 of 20

2409, Vera Residences in numbers

  • Sold twice: first on 4 March 2022 for AED 1,445,850, last on 21 November 2024 for AED 1,500,000 (AED 1,650 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 21 November 2024.

Questions about 2409, Vera Residences

What did unit 2409 last sell for?

AED 1,500,000 on 21 November 2024: AED 1,650 per sqft for 909 sqft. The unit has 2 registered sales; the first was AED 1,445,850 in March 2022.

How big is unit 2409?

909 sqft (84.4 sqm): a two-bedroom apartment on the 24th floor of a 28-storey tower completed in 2022.

What is unit 2409 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 2409, Vera Residences

Starts from the last sale price (AED 1.5M, 21 November 2024). 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 →