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2-bed · 888 sqftVera Residences, Business Bay · 28th floor · completed 2022

2802, Vera Residences

Sold prices and rental history: sold twice, last in March 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2802 · DLD and Ejari recordsUpdated 24 March 2025
Last soldAED 2M24 March 2025
Current rentAED 125K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2802, Vera Residences

What is 2802 worth today?

Last sold for AED 2,000,000 in 2025

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24 Mar 2025SoldReady
AED 2,000,000AED 2,252 per sqft
1 Nov 2024RentedNew contract
AED 125,000/yr12 months · AED 142 per sqft
1 Nov 2023RentedNew contract
AED 125,000/yr12 months · AED 141 per sqft
1 Oct 2022RentedNew contract
AED 135,000/yr12 months · AED 152 per sqft
8 Jul 2018Sold by developerOff-plan
AED 1,392,000AED 1,567 per sqft

Source: Dubai Land Department. Updated 24 March 2025.

Key facts

Type
2-bed apartment
Size
888 sqft
Floor
28th of 28
Parking
G-020
Developer
DAMAC
Completed
2022
Service charge
AED 19,600 /yr
Last sold
AED 2M · March 2025
Building
Vera Residences

About 2802, Vera Residences

2802 is a two-bedroom apartment of 888 sqft on the 28th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 24 March 2025 for AED 2,000,000, or AED 2,252 per sqft, 34% above the AED 1,684 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 November 2024, is AED 125,000 a year: a gross yield of 6.3% on the 2025 price, before the service charge of about AED 19,600 a year.

Sales and rents for 2802 over time

Sales
Unit 2802, each saleTypical two-bed in Vera Residences
1.5M2M2018202120242027Typical sale price by year: 2018 AED 1,233,000; 2019 AED 1,286,500; 2020 AED 1,200,562; 2021 AED 1,263,000; 2022 AED 1,409,800; 2023 AED 1,450,000; 2024 AED 1,500,000; 2025 AED 1,540,000; 2026 AED 1,539,573Sold by developer, July 2018: AED 1,392,000 (AED 1,567 per sqft)Sold, March 2025: AED 2,000,000 (AED 2,252 per sqft)

2802 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2802, each contractTypical two-bed in Vera Residences
100K125K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 99,375; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 100,000New contract, October 2022: AED 135,000 a yearNew contract, November 2023: AED 125,000 a yearNew contract, November 2024: AED 125,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Vera Residences, and where 2802 sits

All 225 2-beds →

2802 last sold in March 2025 at AED 2,252 per sqft, 34% above what two-beds in Vera Residences were fetching at the time (AED 1,684). Over the last 12 months two-beds sold for AED 500,000 to 2,118,000, around AED 1,707 per sqft, and rent for AED 45,000 to 140,700 a year. 2802's AED 125,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Oct 20261,350,000
14 Sep 20261,546,373
26 Aug 20261,532,772
16 Jul 20261,513,848
12 2-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 28th floor

All 522 units in Vera Residences
Value
28012-bedAED 1.41M · Jun 2018
28031-bedAED 1.12M · Oct 2024
28042-bedAED 1.43M · Jun 2018
28052-bedAED 1.41M · Nov 2024
28062-bedAED 1.6M · Sep 2025
28072-bedAED 1M · Feb 2022
28082-bedAED 1.38M · May 2018
1–7 of 20

2802, Vera Residences in numbers

  • Sold twice: first on 8 July 2018 for AED 1,392,000, last on 24 March 2025 for AED 2,000,000 (AED 2,252 per sqft).
  • Rented since October 2022 on 3 Ejari contracts, from AED 135,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2025 price is 6.3%, before a service charge of about AED 19,600 a year (AED 22.04 per sqft).
  • Two-beds in Vera Residences sold for AED 500,000–2,118,000 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 24 March 2025.

Questions about 2802, Vera Residences

What did unit 2802 last sell for?

AED 2,000,000 on 24 March 2025: AED 2,252 per sqft for 888 sqft. The unit has 2 registered sales; the first was AED 1,392,000 in July 2018.

What is the rent for unit 2802?

AED 125,000 a year on the contract signed on 1 November 2024. The previous contract, from November 2023, was AED 125,000; the unit has been rented since October 2022.

How big is unit 2802?

888 sqft (82.5 sqm): a two-bedroom apartment on the 28th floor of a 28-storey tower completed in 2022.

What is unit 2802 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Vera Residences sold for AED 500,000 to 2,118,000 in the last 12 months, around AED 1,707 per sqft.

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Mortgage on 2802, Vera Residences

Starts from the last sale price (AED 2M, 24 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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