2-bed · 892 sqftVera Residences, Business Bay · 26th floor · completed 2022

2602, Vera Residences

Sold prices and rental history: sold once, by the developer in February 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2602 · DLD and Ejari recordsUpdated 10 December 2025
Last soldAED 1.34M21 February 2019
Current rentAED 125K /yr10 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2602, Vera Residences

What is 2602 worth today?

Last sold for AED 1,339,000 in 2019

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10 Dec 2025RentedNew contract
AED 125,000/yr24 months · AED 140 per sqft
4 Mar 2025RentedRenewal
AED 125,000/yr12 months · AED 140 per sqft
4 Mar 2025RentedRenewal
AED 125,000/yr12 months · AED 140 per sqft
4 Mar 2024RentedNew contract
AED 122,000/yr12 months · AED 137 per sqft
22 Nov 2023RentedNew contract
AED 115,000/yr12 months · AED 129 per sqft
15 Nov 2022RentedNew contract
AED 115,000/yr12 months · AED 129 per sqft
21 Feb 2019Sold by developerOff-plan
AED 1,339,000AED 1,501 per sqft

Source: Dubai Land Department. Updated 10 December 2025.

Key facts

Type
2-bed apartment
Size
892 sqft
Floor
26th of 28
Parking
G-046
Developer
DAMAC
Completed
2022
Service charge
AED 19,700 /yr
Last sold
AED 1.34M · February 2019

About 2602, Vera Residences

2602 is a two-bedroom apartment of 892 sqft on the 26th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 21 February 2019 for AED 1,339,000, or AED 1,501 per sqft, 7% above the AED 1,406 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 10 December 2025, is AED 125,000 a year: a gross yield of 9.3% on the 2019 price, before the service charge of about AED 19,700 a year.

Sales and rents for 2602 over time

Sales
Unit 2602, 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, February 2019: AED 1,339,000 (AED 1,501 per sqft)

2602 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2602, each contractTypical two-bed in Vera Residences
100K120K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 99,375; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 100,000New contract, November 2022: AED 115,000 a yearNew contract, November 2023: AED 115,000 a yearNew contract, March 2024: AED 122,000 a yearRenewal, March 2025: AED 125,000 a yearRenewal, March 2025: AED 125,000 a yearNew contract, December 2025: AED 125,000 a year

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 2602 sits

All 225 2-beds →

2602 last sold in February 2019 at AED 1,501 per sqft, 7% above what two-beds in Vera Residences were fetching at the time (AED 1,406). 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. 2602's AED 125,000 is in the upper half of that range.

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 26th floor

All 522 units in Vera Residences
Value
26012-bedAED 500K · Mar 2026
26031-bedAED 1.19M · Jun 2025
26042-bedAED 1.22M · Feb 2018
26052-bedAED 1.18M · Feb 2018
26062-bedAED 1.3M · May 2018
26072-bedAED 1.23M · Feb 2018
26082-bedAED 1.23M · May 2018
1–7 of 20

2602, Vera Residences in numbers

  • Sold once: by DAMAC on 21 February 2019 for AED 1,339,000, or AED 1,501 per sqft.
  • Rented since November 2022 on 6 Ejari contracts, from AED 115,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2019 price is 9.3%, before a service charge of about AED 19,700 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 10 December 2025.

Questions about 2602, Vera Residences

What did unit 2602 last sell for?

AED 1,339,000 on 21 February 2019, sold by the developer: AED 1,501 per sqft for 892 sqft. It is the only registered sale of the unit.

What is the rent for unit 2602?

AED 125,000 a year on the contract signed on 10 December 2025. The previous contract, from March 2025, was AED 125,000; the unit has been rented since November 2022.

How big is unit 2602?

892 sqft (82.9 sqm): a two-bedroom apartment on the 26th floor of a 28-storey tower completed in 2022.

What is unit 2602 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 2602, Vera Residences

Starts from the last sale price (AED 1.34M, 21 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,339,000
Deposit, UAE resident (20%)
AED 267,800
Deposit, non-resident (40%)
AED 535,600
Monthly over 25 years at 3.7%
AED 5,478

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