2-bed · 899 sqftVera Residences, Business Bay · 26th floor · completed 2022

2608, Vera Residences

Sold prices and rental history: sold once, by the developer in May 2018, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2608 · DLD and Ejari recordsUpdated 10 September 2025
Last soldAED 1.23M1 May 2018
Current rentAED 97K /yr10 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2608, Vera Residences

What is 2608 worth today?

Last sold for AED 1,225,000 in 2018

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10 Sep 2025RentedNew contract
AED 97,000/yr12 months · AED 108 per sqft
12 Apr 2024RentedNew contract
AED 100,000/yr12 months · AED 111 per sqft
19 Jan 2023RentedNew contract
AED 85,000/yr12 months · AED 94 per sqft
1 May 2018Sold by developerOff-plan
AED 1,225,000AED 1,362 per sqft

Source: Dubai Land Department. Updated 10 September 2025.

Key facts

Type
2-bed apartment
Size
899 sqft
Floor
26th of 28
Parking
G-051
Developer
DAMAC
Completed
2022
Service charge
AED 19,800 /yr
Last sold
AED 1.23M · May 2018

About 2608, Vera Residences

2608 is a two-bedroom apartment of 899 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 1 May 2018 for AED 1,225,000, or AED 1,362 per sqft, in line with the AED 1,353 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 10 September 2025, is AED 97,000 a year: a gross yield of 7.9% on the 2018 price, before the service charge of about AED 19,800 a year.

Sales and rents for 2608 over time

Sales
Unit 2608, 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, May 2018: AED 1,225,000 (AED 1,362 per sqft)

2608 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2608, each contractTypical two-bed in Vera Residences
100K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 99,375; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 100,000New contract, January 2023: AED 85,000 a yearNew contract, April 2024: AED 100,000 a yearNew contract, September 2025: AED 97,000 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 2608 sits

All 225 2-beds →

2608 last sold in May 2018 at AED 1,362 per sqft, in line with what two-beds in Vera Residences were fetching at the time (AED 1,353). 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. 2608's AED 97,000 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
26022-bedAED 1.34M · Feb 2019
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
1–7 of 20

2608, Vera Residences in numbers

  • Sold once: by DAMAC on 1 May 2018 for AED 1,225,000, or AED 1,362 per sqft.
  • Rented since January 2023 on 3 Ejari contracts, from AED 85,000 to AED 97,000 a year.
  • At AED 97,000 a year the gross yield on the 2018 price is 7.9%, before a service charge of about AED 19,800 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 September 2025.

Questions about 2608, Vera Residences

What did unit 2608 last sell for?

AED 1,225,000 on 1 May 2018, sold by the developer: AED 1,362 per sqft for 899 sqft. It is the only registered sale of the unit.

What is the rent for unit 2608?

AED 97,000 a year on the contract signed on 10 September 2025. The previous contract, from April 2024, was AED 100,000; the unit has been rented since January 2023.

How big is unit 2608?

899 sqft (83.5 sqm): a two-bedroom apartment on the 26th floor of a 28-storey tower completed in 2022.

What is unit 2608 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 2608, Vera Residences

Starts from the last sale price (AED 1.23M, 1 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

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