1-bed · 478 sqftVera Residences, Business Bay · 27th floor · completed 2022

2715, Vera Residences

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in February 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 2715 · DLD and Ejari recordsUpdated 25 September 2023

Last soldAED 803K12 February 2018

Current rentAED 75K /yr25 September 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 2715, Vera Residences

Today

What is 2715 worth today?

Last sold for AED 803,000 in 2018

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25 Sep 2023

25 Sep 2023RentedNew contract

AED 75,000/yr12 months · AED 157 per sqft

25 Dec 2022

25 Dec 2022RentedNew contract

AED 80,000/yr6 months · AED 167 per sqft

12 Feb 2018

12 Feb 2018Sold by developerOff-plan

AED 803,000AED 1,679 per sqft

Source: Dubai Land Department. Updated 25 September 2023.

Key facts

Type: 1-bed apartment
Size: 478 sqft
Floor: 27th of 28
Parking: P2-068
Developer: DAMAC
Completed: 2022
Service charge: AED 10,500 /yr
Last sold: AED 803K · February 2018
Building: Vera Residences

About 2715, Vera Residences

2715 is a one-bedroom apartment of 478 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 12 February 2018 for AED 803,000, or AED 1,679 per sqft, 7% above the AED 1,567 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 25 September 2023, is AED 75,000 a year: a gross yield of 9.3% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 2715 over time

Sales

Unit 2715, each saleTypical one-bed in Vera Residences

2715 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 2715, each contractTypical one-bed in Vera Residences

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 2715 sits

All 293 1-beds →

1-beds in Vera Residences · last 12 months2,225 /sqft Vera Residences · all types2,097 /sqft

2715 last sold in February 2018 at AED 1,679 per sqft, 7% above what one-beds in Vera Residences were fetching at the time (AED 1,567). 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. 2715's AED 75,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
19 Oct 202619 October 2026	475 sqft	940,000	1,979
16 Oct 202616 October 2026	474 sqft	1,000,000	2,107
19 Aug 202619 August 2026	513 sqft	1,254,000	2,445
18 Aug 202618 August 2026	513 sqft	1,141,000	2,225

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


2701	2-bed	897 sqft	AED 1.95MAED 1,950,000 · Apr 2026April 2026	89,000 /yr
2702	2-bed	888 sqft	AED 1.27MAED 1,267,000 · Feb 2018February 2018	100,000 /yr
2703	1-bed	511 sqft	AED 1.1MAED 1,100,000 · Jul 2025July 2025	74,000 /yr
2704	2-bed	905 sqft	AED 1.27MAED 1,269,000 · Feb 2018February 2018	105,000 /yr
2705	2-bed	903 sqft	AED 1.23MAED 1,234,000 · Feb 2018February 2018	90,000 /yr
2706	2-bed	899 sqft	AED 1.25MAED 1,250,000 · Dec 2022December 2022	100,000 /yr
2707	2-bed	899 sqft	AED 1.36MAED 1,360,000 · Jun 2018June 2018
2708	2-bed	897 sqft	AED 1.35MAED 1,350,000 · Oct 2026October 2026	105,000 /yr
2709	2-bed	907 sqft	AED 1.23MAED 1,234,000 · Feb 2018February 2018	110,000 /yr
2710	1-bed	477 sqft	AED 1.03MAED 1,030,000 · Jul 2024July 2024	78,000 /yr
2711	1-bed	476 sqft	AED 850KAED 850,000 · May 2023May 2023
2712	1-bed	474 sqft	AED 763KAED 763,000 · Feb 2018February 2018	65,000 /yr
2713	1-bed	483 sqft	AED 1.1MAED 1,100,000 · Mar 2026March 2026	85,000 /yr
2714	1-bed	484 sqft	AED 894KAED 894,000 · Jul 2022July 2022
2716	1-bed	473 sqft	AED 793KAED 793,000 · Feb 2018February 2018	80,000 /yr
2717	1-bed	473 sqft	AED 793KAED 793,000 · Aug 2018August 2018	70,000 /yr
2718	1-bed	473 sqft	AED 793KAED 793,000 · Feb 2018February 2018	80,000 /yr
2719	1-bed	473 sqft	AED 793KAED 793,000 · Feb 2018February 2018	90,000 /yr
2720	1-bed	473 sqft	AED 793KAED 793,000 · Feb 2018February 2018	82,000 /yr
2721	2-bed	908 sqft	AED 1.27MAED 1,268,000 · Mar 2018March 2018

1–7 of 20

2715, Vera Residences in numbers

Sold once: by DAMAC on 12 February 2018 for AED 803,000, or AED 1,679 per sqft.
Rented since December 2022 on 2 Ejari contracts, from AED 80,000 to AED 75,000 a year.
At AED 75,000 a year the gross yield on the 2018 price is 9.3%, before a service charge of about AED 10,500 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 25 September 2023.

Questions about 2715, Vera Residences

What did unit 2715 last sell for?

AED 803,000 on 12 February 2018, sold by the developer: AED 1,679 per sqft for 478 sqft. It is the only registered sale of the unit.

What is the rent for unit 2715?

AED 75,000 a year on the contract signed on 25 September 2023. The previous contract, from December 2022, was AED 80,000.

How big is unit 2715?

478 sqft (44.4 sqm): a one-bedroom apartment on the 27th floor of a 28-storey tower completed in 2022.

What is unit 2715 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 2715, Vera Residences

Starts from the last sale price (AED 803K, 12 February 2018). Switch to today's estimate once you have unlocked it.

Price: AED 803,000
Deposit, UAE resident (20%): AED 160,600
Deposit, non-resident (40%): AED 321,200
Monthly over 25 years at 3.7%: AED 3,285

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