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

2707, Vera Residences

Sold prices and rental history: sold once, by the developer in June 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2707 · DLD and Ejari recordsUpdated 20 June 2018
Last soldAED 1.36M20 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2707, Vera Residences

What is 2707 worth today?

Last sold for AED 1,360,000 in 2018

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20 Jun 2018Sold by developerOff-plan
AED 1,360,000AED 1,513 per sqft

Source: Dubai Land Department. Updated 20 June 2018.

Key facts

Type
2-bed apartment
Size
899 sqft
Floor
27th of 28
Parking
G-039
Developer
DAMAC
Completed
2022
Service charge
AED 19,800 /yr
Last sold
AED 1.36M · June 2018

About 2707, Vera Residences

2707 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. The developer sold it on 20 June 2018 for AED 1,360,000, or AED 1,513 per sqft, 12% above the AED 1,356 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2707 over time

Sales
Unit 2707, 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, June 2018: AED 1,360,000 (AED 1,513 per sqft)

2707 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2707, 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 100,000

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 2707 sits

All 225 2-beds →

2707 last sold in June 2018 at AED 1,513 per sqft, 12% above what two-beds in Vera Residences were fetching at the time (AED 1,356). 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.

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
27062-bedAED 1.25M · Dec 2022
27082-bedAED 1.35M · Oct 2026
1–7 of 20

2707, Vera Residences in numbers

  • Sold once: by DAMAC on 20 June 2018 for AED 1,360,000, or AED 1,513 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 20 June 2018.

Questions about 2707, Vera Residences

What did unit 2707 last sell for?

AED 1,360,000 on 20 June 2018, sold by the developer: AED 1,513 per sqft for 899 sqft. It is the only registered sale of the unit.

How big is unit 2707?

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

What is unit 2707 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 2707, Vera Residences

Starts from the last sale price (AED 1.36M, 20 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,360,000
Deposit, UAE resident (20%)
AED 272,000
Deposit, non-resident (40%)
AED 544,000
Monthly over 25 years at 3.7%
AED 5,564

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