2416, Vera Residences
Sold prices and rental history: sold twice, last in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2416, Vera Residences
What is 2416 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 4 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 475 sqft
- Floor
- 24th of 28
- Parking
- P2-117
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1.07M · October 2023
- Building
- Vera Residences
About 2416, Vera Residences
2416 is a one-bedroom apartment of 475 sqft on the 24th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 4 October 2023 for AED 1,070,000, or AED 2,253 per sqft, 26% above the AED 1,783 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2416 over time
2416 has sold twice; the dashed line is the one-bed median of each year in the building.
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 2416 sits
All 293 1-beds →2416 last sold in October 2023 at AED 2,253 per sqft, 26% above what one-beds in Vera Residences were fetching at the time (AED 1,783). 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.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 475 sqft | 940,000 | 1,979 | ||
| 16 Oct 202616 October 2026 | 474 sqft | 1,000,000 | 2,107 | ||
| 19 Aug 202619 August 2026 | 513 sqft | 1,254,000 | 2,445 | ||
| 18 Aug 202618 August 2026 | 513 sqft | 1,141,000 | 2,225 |
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 | |
| 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 | ||
| 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 |
2416, Vera Residences in numbers
- Sold twice: first on 17 May 2022 for AED 856,177, last on 4 October 2023 for AED 1,070,000 (AED 2,253 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 4 October 2023.
Questions about 2416, Vera Residences
What did unit 2416 last sell for?
AED 1,070,000 on 4 October 2023: AED 2,253 per sqft for 475 sqft. The unit has 2 registered sales; the first was AED 856,177 in May 2022.
How big is unit 2416?
475 sqft (44.1 sqm): a one-bedroom apartment on the 24th floor of a 28-storey tower completed in 2022.
What is unit 2416 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.
Selling 2416? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2416, Vera Residences
Starts from the last sale price (AED 1.07M, 4 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,070,000
- Deposit, UAE resident (20%)
- AED 214,000
- Deposit, non-resident (40%)
- AED 428,000
- Monthly over 25 years at 3.7%
- AED 4,378
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →