1-bed · 475 sqftVera Residences, Business Bay · 26th floor · completed 2022

2617, Vera Residences

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2617 · DLD and Ejari recordsUpdated 18 September 2026
Last soldAED 792K5 February 2018
Current rentAED 58K /yr18 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2617, Vera Residences

What is 2617 worth today?

Last sold for AED 792,000 in 2018

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18 Sep 2026RentedNew contract
AED 58,000/yr12 months · AED 122 per sqft
8 Oct 2025RentedRenewal
AED 60,000/yr12 months · AED 126 per sqft
8 Oct 2024RentedRenewal
AED 60,000/yr12 months · AED 126 per sqft
8 Oct 2023RentedRenewal
AED 56,000/yr12 months · AED 118 per sqft
8 Oct 2022RentedNew contract
AED 56,000/yr12 months · AED 118 per sqft
5 Feb 2018Sold by developerOff-plan
AED 792,000AED 1,668 per sqft

Source: Dubai Land Department. Updated 18 September 2026.

Key facts

Type
1-bed apartment
Size
475 sqft
Floor
26th of 28
Parking
P2-094
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 792K · February 2018

About 2617, Vera Residences

2617 is a one-bedroom apartment of 475 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 5 February 2018 for AED 792,000, or AED 1,668 per sqft, 8% above the AED 1,548 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 18 September 2026, is AED 58,000 a year: a gross yield of 7.3% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 2617 over time

Sales
Unit 2617, 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, February 2018: AED 792,000 (AED 1,668 per sqft)

2617 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2617, each contractTypical one-bed in Vera Residences
60K70K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000New contract, October 2022: AED 56,000 a yearRenewal, October 2023: AED 56,000 a yearRenewal, October 2024: AED 60,000 a yearRenewal, October 2025: AED 60,000 a yearNew contract, September 2026: AED 58,000 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 2617 sits

All 293 1-beds →

2617 last sold in February 2018 at AED 1,668 per sqft, 8% above what one-beds in Vera Residences were fetching at the time (AED 1,548). 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. 2617's AED 58,000 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 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

2617, Vera Residences in numbers

  • Sold once: by DAMAC on 5 February 2018 for AED 792,000, or AED 1,668 per sqft.
  • Rented since October 2022 on 5 Ejari contracts, from AED 56,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2018 price is 7.3%, 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 18 September 2026.

Questions about 2617, Vera Residences

What did unit 2617 last sell for?

AED 792,000 on 5 February 2018, sold by the developer: AED 1,668 per sqft for 475 sqft. It is the only registered sale of the unit.

What is the rent for unit 2617?

AED 58,000 a year on the contract signed on 18 September 2026. The previous contract, from October 2025, was AED 60,000; the unit has been rented since October 2022.

How big is unit 2617?

475 sqft (44.1 sqm): a one-bedroom apartment on the 26th floor of a 28-storey tower completed in 2022.

What is unit 2617 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 2617, Vera Residences

Starts from the last sale price (AED 792K, 5 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 792,000
Deposit, UAE resident (20%)
AED 158,400
Deposit, non-resident (40%)
AED 316,800
Monthly over 25 years at 3.7%
AED 3,240

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