2-bed · 907 sqftVera Residences, Business Bay · 27th floor · completed 2022

2709, 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 2709 · DLD and Ejari recordsUpdated 15 February 2026
Last soldAED 1.23M7 February 2018
Current rentAED 110K /yr15 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2709, Vera Residences

What is 2709 worth today?

Last sold for AED 1,234,000 in 2018

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15 Feb 2026RentedRenewal
AED 110,000/yr12 months · AED 121 per sqft
15 Feb 2025RentedNew contract
AED 110,000/yr12 months · AED 121 per sqft
15 Feb 2025RentedNew contract
AED 110,000/yr12 months · AED 121 per sqft
2 Nov 2023RentedRenewal
AED 95,000/yr12 months · AED 105 per sqft
2 Nov 2022RentedNew contract
AED 90,000/yr12 months · AED 99 per sqft
7 Feb 2018Sold by developerOff-plan
AED 1,234,000AED 1,360 per sqft

Source: Dubai Land Department. Updated 15 February 2026.

Key facts

Type
2-bed apartment
Size
907 sqft
Floor
27th of 28
Parking
G-043
Developer
DAMAC
Completed
2022
Service charge
AED 20,000 /yr
Last sold
AED 1.23M · February 2018

About 2709, Vera Residences

2709 is a two-bedroom apartment of 907 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 7 February 2018 for AED 1,234,000, or AED 1,360 per sqft, in line with the AED 1,340 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 15 February 2026, is AED 110,000 a year: a gross yield of 8.9% on the 2018 price, before the service charge of about AED 20,000 a year.

Sales and rents for 2709 over time

Sales
Unit 2709, 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 1,234,000 (AED 1,360 per sqft)

2709 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2709, 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, November 2022: AED 90,000 a yearRenewal, November 2023: AED 95,000 a yearNew contract, February 2025: AED 110,000 a yearNew contract, February 2025: AED 110,000 a yearRenewal, February 2026: AED 110,000 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 2709 sits

All 225 2-beds →

2709 last sold in February 2018 at AED 1,360 per sqft, in line with what two-beds in Vera Residences were fetching at the time (AED 1,340). 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. 2709's AED 110,000 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
27062-bedAED 1.25M · Dec 2022
27072-bedAED 1.36M · Jun 2018
1–7 of 20

2709, Vera Residences in numbers

  • Sold once: by DAMAC on 7 February 2018 for AED 1,234,000, or AED 1,360 per sqft.
  • Rented since November 2022 on 5 Ejari contracts, from AED 90,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2018 price is 8.9%, before a service charge of about AED 20,000 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 15 February 2026.

Questions about 2709, Vera Residences

What did unit 2709 last sell for?

AED 1,234,000 on 7 February 2018, sold by the developer: AED 1,360 per sqft for 907 sqft. It is the only registered sale of the unit.

What is the rent for unit 2709?

AED 110,000 a year on the contract renewed on 15 February 2026. The previous contract, from February 2025, was AED 110,000; the unit has been rented since November 2022.

How big is unit 2709?

907 sqft (84.3 sqm): a two-bedroom apartment on the 27th floor of a 28-storey tower completed in 2022.

What is unit 2709 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 2709, Vera Residences

Starts from the last sale price (AED 1.23M, 7 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,234,000
Deposit, UAE resident (20%)
AED 246,800
Deposit, non-resident (40%)
AED 493,600
Monthly over 25 years at 3.7%
AED 5,049

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