1-bed · 473 sqftVera Residences, Business Bay · 27th floor · completed 2022

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.

Unit 2716 · DLD and Ejari recordsUpdated 26 November 2025
Last soldAED 793K4 February 2018
Current rentAED 80K /yr26 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2716, Vera Residences

What is 2716 worth today?

Last sold for AED 793,000 in 2018

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26 Nov 2025RentedNew contract
AED 80,000/yr12 months · AED 169 per sqft
26 Nov 2024RentedNew contract
AED 80,000/yr12 months · AED 169 per sqft
1 Nov 2023RentedNew contract
AED 72,000/yr12 months · AED 152 per sqft
12 Oct 2022RentedNew contract
AED 60,000/yr12 months · AED 127 per sqft
4 Feb 2018Sold by developerOff-plan
AED 793,000AED 1,675 per sqft

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

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

Sales
Unit 2716, 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 793,000 (AED 1,675 per sqft)

2716 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2716, each contractTypical one-bed in Vera Residences
60K70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000New contract, October 2022: AED 60,000 a yearNew contract, November 2023: AED 72,000 a yearNew contract, November 2024: AED 80,000 a yearNew contract, November 2025: AED 80,000 a year

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 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

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 →