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1-bed · 513 sqftVera Residences, Business Bay · 26th floor · completed 2022

2603, Vera Residences

Sold prices and rental history: sold twice, last in June 2025, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2603 · DLD and Ejari recordsUpdated 23 June 2025
Last soldAED 1.19M23 June 2025
Current rentAED 85K /yr8 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2603, Vera Residences

What is 2603 worth today?

Last sold for AED 1,190,000 in 2025

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23 Jun 2025SoldReady
AED 1,190,000AED 2,320 per sqft
8 Feb 2024RentedNew contract
AED 85,000/yr12 months · AED 165 per sqft
4 Feb 2023RentedNew contract
AED 80,000/yr12 months · AED 155 per sqft
5 Feb 2018Sold by developerOff-plan
AED 758,400AED 1,603 per sqft

Source: Dubai Land Department. Updated 23 June 2025.

Key facts

Type
1-bed apartment
Size
513 sqft
Floor
26th of 28
Parking
P2-086
Developer
DAMAC
Completed
2022
Service charge
AED 11,300 /yr
Last sold
AED 1.19M · June 2025
Building
Vera Residences

About 2603, Vera Residences

2603 is a one-bedroom apartment of 513 sqft on the 26th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 23 June 2025 for AED 1,190,000, or AED 2,320 per sqft, 4% above the AED 2,224 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 8 February 2024, is AED 85,000 a year: a gross yield of 7.1% on the 2025 price, before the service charge of about AED 11,300 a year.

Sales and rents for 2603 over time

Sales
Unit 2603, each saleTypical one-bed in Vera Residences
500K1M2018202120242027Typical 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, February 2018: AED 758,400 (AED 1,603 per sqft)Sold, June 2025: AED 1,190,000 (AED 2,320 per sqft)

2603 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2603, each contractTypical one-bed in Vera Residences
70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000New contract, February 2023: AED 80,000 a yearNew contract, February 2024: AED 85,000 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 2603 sits

All 293 1-beds →

2603 last sold in June 2025 at AED 2,320 per sqft, 4% above what one-beds in Vera Residences were fetching at the time (AED 2,224). 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. 2603's AED 85,000 is in the upper 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 26th floor

All 522 units in Vera Residences
Value
26012-bedAED 500K · Mar 2026
26022-bedAED 1.34M · Feb 2019
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

2603, Vera Residences in numbers

  • Sold twice: first on 5 February 2018 for AED 758,400, last on 23 June 2025 for AED 1,190,000 (AED 2,320 per sqft).
  • Rented since February 2023 on 2 Ejari contracts, from AED 80,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2025 price is 7.1%, before a service charge of about AED 11,300 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 23 June 2025.

Questions about 2603, Vera Residences

What did unit 2603 last sell for?

AED 1,190,000 on 23 June 2025: AED 2,320 per sqft for 513 sqft. The unit has 2 registered sales; the first was AED 758,400 in February 2018.

What is the rent for unit 2603?

AED 85,000 a year on the contract signed on 8 February 2024. The previous contract, from February 2023, was AED 80,000.

How big is unit 2603?

513 sqft (47.7 sqm): a one-bedroom apartment on the 26th floor of a 28-storey tower completed in 2022.

What is unit 2603 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 2603, Vera Residences

Starts from the last sale price (AED 1.19M, 23 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,190,000
Deposit, UAE resident (20%)
AED 238,000
Deposit, non-resident (40%)
AED 476,000
Monthly over 25 years at 3.7%
AED 4,869

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