1-bed · 511 sqftVera Residences, Business Bay · 27th floor · completed 2022

2703, Vera Residences

Sold prices and rental history: sold twice, last in July 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2703 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 1.1M3 July 2025
Current rentAED 74K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2703, Vera Residences

What is 2703 worth today?

Last sold for AED 1,100,000 in 2025

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1 Oct 2026RentedNew contract
AED 74,000/yr12 months · AED 145 per sqft
1 Dec 2025RentedNew contract
AED 90,000/yr12 months · AED 178 per sqft
25 Sep 2025RentedNew contract
AED 90,000/yr12 months · AED 178 per sqft
3 Jul 2025SoldReady
AED 1,100,000AED 2,151 per sqft
26 Sep 2023RentedRenewal
AED 66,000/yr12 months · AED 130 per sqft
26 Sep 2022RentedNew contract
AED 60,000/yr12 months · AED 119 per sqft
13 Feb 2018Sold by developerOff-plan
AED 791,000AED 1,672 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
1-bed apartment
Size
511 sqft
Floor
27th of 28
Parking
P2-082
Developer
DAMAC
Completed
2022
Service charge
AED 11,300 /yr
Last sold
AED 1.1M · July 2025

About 2703, Vera Residences

2703 is a one-bedroom apartment of 511 sqft on the 27th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 3 July 2025 for AED 1,100,000, or AED 2,151 per sqft, 3% below the AED 2,218 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 1 October 2026, is AED 74,000 a year: a gross yield of 6.7% on the 2025 price, before the service charge of about AED 11,300 a year.

Sales and rents for 2703 over time

Sales
Unit 2703, 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 791,000 (AED 1,672 per sqft)Sold, July 2025: AED 1,100,000 (AED 2,151 per sqft)

2703 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2703, each contractTypical one-bed in Vera Residences
60K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000New contract, September 2022: AED 60,000 a yearRenewal, September 2023: AED 66,000 a yearNew contract, September 2025: AED 90,000 a yearNew contract, December 2025: AED 90,000 a yearNew contract, October 2026: AED 74,000 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 2703 sits

All 293 1-beds →

2703 last sold in July 2025 at AED 2,151 per sqft, 3% below what one-beds in Vera Residences were fetching at the time (AED 2,218). 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. 2703's AED 74,000 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 27th floor

All 522 units in Vera Residences
Value
27012-bedAED 1.95M · Apr 2026
27022-bedAED 1.27M · Feb 2018
27042-bedAED 1.27M · Feb 2018
27052-bedAED 1.23M · Feb 2018
27062-bedAED 1.25M · Dec 2022
27072-bedAED 1.36M · Jun 2018
27082-bedAED 1.35M · Oct 2026
1–7 of 20

2703, Vera Residences in numbers

  • Sold twice: first on 13 February 2018 for AED 791,000, last on 3 July 2025 for AED 1,100,000 (AED 2,151 per sqft).
  • Rented since September 2022 on 5 Ejari contracts, from AED 60,000 to AED 74,000 a year.
  • At AED 74,000 a year the gross yield on the 2025 price is 6.7%, 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 1 October 2026.

Questions about 2703, Vera Residences

What did unit 2703 last sell for?

AED 1,100,000 on 3 July 2025: AED 2,151 per sqft for 511 sqft. The unit has 2 registered sales; the first was AED 791,000 in February 2018.

What is the rent for unit 2703?

AED 74,000 a year on the contract signed on 1 October 2026. The previous contract, from December 2025, was AED 90,000; the unit has been rented since September 2022.

How big is unit 2703?

511 sqft (47.5 sqm): a one-bedroom apartment on the 27th floor of a 28-storey tower completed in 2022.

What is unit 2703 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 2703, Vera Residences

Starts from the last sale price (AED 1.1M, 3 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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