2-bed · 899 sqftVera Residences, Business Bay · 27th floor · completed 2022

2706, Vera Residences

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

Unit 2706 · DLD and Ejari recordsUpdated 11 July 2025
Last soldAED 1.25M8 December 2022
Current rentAED 100K /yr11 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2706, Vera Residences

What is 2706 worth today?

Last sold for AED 1,250,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 Jul 2025RentedNew contract
AED 100,000/yr12 months · AED 112 per sqft
8 Dec 2022SoldReady
AED 1,250,000AED 1,391 per sqft
12 Feb 2018Sold by developerOff-plan
AED 1,226,000AED 1,364 per sqft

Source: Dubai Land Department. Updated 11 July 2025.

Key facts

Type
2-bed apartment
Size
899 sqft
Floor
27th of 28
Parking
G-038
Developer
DAMAC
Completed
2022
Service charge
AED 19,800 /yr
Last sold
AED 1.25M · December 2022

About 2706, Vera Residences

2706 is a two-bedroom apartment of 899 sqft on the 27th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 8 December 2022 for AED 1,250,000, or AED 1,391 per sqft, 11% below the AED 1,563 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 11 July 2025. The current contract, signed on 11 July 2025, is AED 100,000 a year: a gross yield of 8.0% on the 2022 price, before the service charge of about AED 19,800 a year.

Sales and rents for 2706 over time

Sales
Unit 2706, 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 2018: AED 1,226,000 (AED 1,364 per sqft)Sold, December 2022: AED 1,250,000 (AED 1,391 per sqft)

2706 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2706, each contractTypical two-bed in Vera Residences
90K100K110K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 99,375; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 100,000New contract, July 2025: AED 100,000 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 2706 sits

All 225 2-beds →

2706 last sold in December 2022 at AED 1,391 per sqft, 11% below what two-beds in Vera Residences were fetching at the time (AED 1,563). 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. 2706's AED 100,000 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 27th floor

All 522 units in Vera Residences
Value
27012-bedAED 1.95M · Apr 2026
27022-bedAED 1.27M · Feb 2018
27031-bedAED 1.1M · Jul 2025
27042-bedAED 1.27M · Feb 2018
27052-bedAED 1.23M · Feb 2018
27072-bedAED 1.36M · Jun 2018
27082-bedAED 1.35M · Oct 2026
1–7 of 20

2706, Vera Residences in numbers

  • Sold twice: first on 12 February 2018 for AED 1,226,000, last on 8 December 2022 for AED 1,250,000 (AED 1,391 per sqft).
  • Rented since July 2025 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 8.0%, 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 11 July 2025.

Questions about 2706, Vera Residences

What did unit 2706 last sell for?

AED 1,250,000 on 8 December 2022: AED 1,391 per sqft for 899 sqft. The unit has 2 registered sales; the first was AED 1,226,000 in February 2018.

What is the rent for unit 2706?

AED 100,000 a year on the contract signed on 11 July 2025.

How big is unit 2706?

899 sqft (83.5 sqm): a two-bedroom apartment on the 27th floor of a 28-storey tower completed in 2022.

What is unit 2706 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.

Selling 2706? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2706, Vera Residences

Starts from the last sale price (AED 1.25M, 8 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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