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

2720, Vera Residences

Sold prices and rental history: sold once, by the developer in February 2018, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2720 · DLD and Ejari recordsUpdated 20 November 2025
Last soldAED 793K5 February 2018
Current rentAED 82K /yr20 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2720, Vera Residences

What is 2720 worth today?

Last sold for AED 793,000 in 2018

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20 Nov 2025RentedNew contract
AED 82,000/yr12 months · AED 173 per sqft
5 Feb 2018Sold by developerOff-plan
AED 793,000AED 1,677 per sqft

Source: Dubai Land Department. Updated 20 November 2025.

Key facts

Type
1-bed apartment
Size
473 sqft
Floor
27th of 28
Parking
P2-073
Developer
DAMAC
Completed
2022
Service charge
AED 10,400 /yr
Last sold
AED 793K · February 2018

About 2720, Vera Residences

2720 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 5 February 2018 for AED 793,000, or AED 1,677 per sqft, 8% above the AED 1,548 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 November 2025. The current contract, signed on 20 November 2025, is AED 82,000 a year: a gross yield of 10.3% on the 2018 price, before the service charge of about AED 10,400 a year.

Sales and rents for 2720 over time

Sales
Unit 2720, 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 1,677 per sqft)

2720 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2720, each contractTypical one-bed in Vera Residences
70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000New contract, November 2025: AED 82,000 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 2720 sits

All 293 1-beds →

2720 last sold in February 2018 at AED 1,677 per sqft, 8% above what one-beds in Vera Residences were fetching at the time (AED 1,548). 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. 2720's AED 82,000 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

2720, Vera Residences in numbers

  • Sold once: by DAMAC on 5 February 2018 for AED 793,000, or AED 1,677 per sqft.
  • Rented since November 2025 on one Ejari contract, at AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2018 price is 10.3%, 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 20 November 2025.

Questions about 2720, Vera Residences

What did unit 2720 last sell for?

AED 793,000 on 5 February 2018, sold by the developer: AED 1,677 per sqft for 473 sqft. It is the only registered sale of the unit.

What is the rent for unit 2720?

AED 82,000 a year on the contract signed on 20 November 2025.

How big is unit 2720?

473 sqft (43.9 sqm): a one-bedroom apartment on the 27th floor of a 28-storey tower completed in 2022.

What is unit 2720 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 2720, Vera Residences

Starts from the last sale price (AED 793K, 5 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 →