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1-bed · 475 sqftVera Residences, Business Bay · 24th floor · completed 2022

2417, Vera Residences

Sold prices and rental history: sold twice, last in August 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2417 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 910K4 August 2023
Current rentAED 70K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2417, Vera Residences

What is 2417 worth today?

Last sold for AED 910,000 in 2023

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1 Sep 2026RentedNew contract
AED 70,000/yr12 months · AED 147 per sqft
1 Sep 2024RentedRenewal
AED 73,500/yr12 months · AED 155 per sqft
4 Aug 2023SoldReady
AED 910,000AED 1,916 per sqft
4 Mar 2022Sold by developerOff-plan
AED 916,650AED 1,930 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
1-bed apartment
Size
475 sqft
Floor
24th of 28
Parking
P2-118
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 910K · August 2023
Building
Vera Residences

About 2417, Vera Residences

2417 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 August 2023 for AED 910,000, or AED 1,916 per sqft, 9% above the AED 1,753 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 September 2026, is AED 70,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 10,500 a year.

Sales and rents for 2417 over time

Sales
Unit 2417, each saleTypical one-bed in Vera Residences
500K750K1M2018202120242027Typical sale price by year: 2018 AED 753,000; 2019 AED 741,560; 2021 AED 590,000; 2022 AED 829,500; 2023 AED 900,000; 2024 AED 1,072,500; 2025 AED 1,100,000; 2026 AED 1,100,000Sold by developer, March 2022: AED 916,650 (AED 1,930 per sqft)Sold, August 2023: AED 910,000 (AED 1,916 per sqft)

2417 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2417, each contractTypical one-bed in Vera Residences
65K70K75K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000Renewal, September 2024: AED 73,500 a yearNew contract, September 2026: AED 70,000 a year

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 2417 sits

All 293 1-beds →

2417 last sold in August 2023 at AED 1,916 per sqft, 9% above what one-beds in Vera Residences were fetching at the time (AED 1,753). 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. 2417's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 2026940,000
16 Oct 20261,000,000
19 Aug 20261,254,000
18 Aug 20261,141,000
13 1-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

2417, Vera Residences in numbers

  • Sold twice: first on 4 March 2022 for AED 916,650, last on 4 August 2023 for AED 910,000 (AED 1,916 per sqft).
  • Rented since September 2024 on 2 Ejari contracts, from AED 73,500 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 7.7%, before a service charge of about AED 10,500 a year (AED 22.04 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 1 September 2026.

Questions about 2417, Vera Residences

What did unit 2417 last sell for?

AED 910,000 on 4 August 2023: AED 1,916 per sqft for 475 sqft. The unit has 2 registered sales; the first was AED 916,650 in March 2022.

What is the rent for unit 2417?

AED 70,000 a year on the contract signed on 1 September 2026. The previous contract, from September 2024, was AED 73,500.

How big is unit 2417?

475 sqft (44.1 sqm): a one-bedroom apartment on the 24th floor of a 28-storey tower completed in 2022.

What is unit 2417 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.

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Mortgage on 2417, Vera Residences

Starts from the last sale price (AED 910K, 4 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 910,000
Deposit, UAE resident (20%)
AED 182,000
Deposit, non-resident (40%)
AED 364,000
Monthly over 25 years at 3.7%
AED 3,723

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