1-bed · 476 sqftVera Residences, Business Bay · 27th floor · completed 2022

2711, Vera Residences

Sold prices and rental history: sold 3 times, last in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2711 · DLD and Ejari recordsUpdated 4 May 2023
Last soldAED 850K4 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2711, Vera Residences

What is 2711 worth today?

Last sold for AED 850,000 in 2023

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4 May 2023SoldReady
AED 850,000AED 1,786 per sqft
1 Oct 2018SoldOff-plan
AED 560,000AED 1,177 per sqft
12 Feb 2018Sold by developerOff-plan
AED 764,000AED 1,606 per sqft

Source: Dubai Land Department. Updated 4 May 2023.

Key facts

Type
1-bed apartment
Size
476 sqft
Floor
27th of 28
Parking
P2-084
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 850K · May 2023

About 2711, Vera Residences

2711 is a one-bedroom apartment of 476 sqft on the 27th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 4 May 2023 for AED 850,000, or AED 1,786 per sqft, 5% above the AED 1,706 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2711 over time

Sales
Unit 2711, 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 764,000 (AED 1,606 per sqft)Sold, October 2018: AED 560,000 (AED 1,177 per sqft)Sold, May 2023: AED 850,000 (AED 1,786 per sqft)

2711 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2711, each contractTypical one-bed in Vera Residences
65K70K75K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000

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 2711 sits

All 293 1-beds →

2711 last sold in May 2023 at AED 1,786 per sqft, 5% above what one-beds in Vera Residences were fetching at the time (AED 1,706). 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.

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
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

2711, Vera Residences in numbers

  • Sold 3 times: first on 12 February 2018 for AED 764,000, last on 4 May 2023 for AED 850,000 (AED 1,786 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 4 May 2023.

Questions about 2711, Vera Residences

What did unit 2711 last sell for?

AED 850,000 on 4 May 2023: AED 1,786 per sqft for 476 sqft. The unit has 3 registered sales; the first was AED 764,000 in February 2018.

How big is unit 2711?

476 sqft (44.2 sqm): a one-bedroom apartment on the 27th floor of a 28-storey tower completed in 2022.

What is unit 2711 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 2711, Vera Residences

Starts from the last sale price (AED 850K, 4 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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