
2716, 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.
Property timeline for 2716, Vera Residences
What is 2716 worth today?
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Source: Dubai Land Department. Updated 26 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 473 sqft
- Floor
- 27th of 28
- Parking
- P2-069
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 10,400 /yr
- Last sold
- AED 793K · February 2018
- Building
- Vera Residences
About 2716, Vera Residences
2716 is a one-bedroom apartment of 473 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 4 February 2018 for AED 793,000, or AED 1,675 per sqft, 8% above the AED 1,555 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 26 November 2025, is AED 80,000 a year: a gross yield of 10.1% on the 2018 price, before the service charge of about AED 10,400 a year.
Sales and rents for 2716 over time
2716 has sold once; the dashed line is the one-bed median of each year in the building.
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 2716 sits
All 293 1-beds →2716 last sold in February 2018 at AED 1,675 per sqft, 8% above what one-beds in Vera Residences were fetching at the time (AED 1,555). 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. 2716's AED 80,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Vera Residences
Building522 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%
Other units on the 27th floor
All 522 units in Vera Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | ||
| 2715 | 1-bed | 478 sqft | AED 803KAED 803,000 · Feb 2018February 2018 | 75,000 /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 |
2716, Vera Residences in numbers
- Sold once: by DAMAC on 4 February 2018 for AED 793,000, or AED 1,675 per sqft.
- Rented since October 2022 on 4 Ejari contracts, from AED 60,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2018 price is 10.1%, before a service charge of about AED 10,400 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 26 November 2025.
Questions about 2716, Vera Residences
What did unit 2716 last sell for?
AED 793,000 on 4 February 2018, sold by the developer: AED 1,675 per sqft for 473 sqft. It is the only registered sale of the unit.
What is the rent for unit 2716?
AED 80,000 a year on the contract signed on 26 November 2025. The previous contract, from November 2024, was AED 80,000; the unit has been rented since October 2022.
How big is unit 2716?
473 sqft (43.9 sqm): a one-bedroom apartment on the 27th floor of a 28-storey tower completed in 2022.
What is unit 2716 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 2716, Vera Residences
Starts from the last sale price (AED 793K, 4 February 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 793,000
- Deposit, UAE resident (20%)
- AED 158,600
- Deposit, non-resident (40%)
- AED 317,200
- Monthly over 25 years at 3.7%
- AED 3,244
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →