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2-bed · 905 sqftVera Residences, Business Bay · 28th floor · completed 2022

2804, Vera Residences

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

Unit 2804 · DLD and Ejari recordsUpdated 24 December 2025
Last soldAED 1.43M25 June 2018
Current rentAED 104K /yr24 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2804, Vera Residences

What is 2804 worth today?

Last sold for AED 1,426,000 in 2018

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24 Dec 2025RentedRenewal
AED 103,950/yr12 months · AED 115 per sqft
24 Dec 2024RentedRenewal
AED 103,950/yr12 months · AED 115 per sqft
24 Dec 2023RentedRenewal
AED 94,500/yr12 months · AED 105 per sqft
24 Dec 2022RentedNew contract
AED 90,000/yr12 months · AED 100 per sqft
25 Jun 2018Sold by developerOff-plan
AED 1,426,000AED 1,574 per sqft

Source: Dubai Land Department. Updated 24 December 2025.

Key facts

Type
2-bed apartment
Size
905 sqft
Floor
28th of 28
Parking
G-021
Developer
DAMAC
Completed
2022
Service charge
AED 20,000 /yr
Last sold
AED 1.43M · June 2018
Building
Vera Residences

About 2804, Vera Residences

2804 is a two-bedroom apartment of 905 sqft on the 28th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 25 June 2018 for AED 1,426,000, or AED 1,574 per sqft, 16% above the AED 1,357 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 24 December 2025, is AED 103,950 a year: a gross yield of 7.3% on the 2018 price, before the service charge of about AED 20,000 a year.

Sales and rents for 2804 over time

Sales
Unit 2804, each saleTypical two-bed in Vera Residences
1.2M1.4M1.6M2018202120242027Typical 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, June 2018: AED 1,426,000 (AED 1,574 per sqft)

2804 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2804, each contractTypical two-bed in Vera Residences
90K100K110K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 99,375; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 100,000New contract, December 2022: AED 90,000 a yearRenewal, December 2023: AED 94,500 a yearRenewal, December 2024: AED 103,950 a yearRenewal, December 2025: AED 103,950 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 2804 sits

All 225 2-beds →

2804 last sold in June 2018 at AED 1,574 per sqft, 16% above what two-beds in Vera Residences were fetching at the time (AED 1,357). 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. 2804's AED 103,950 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
28022-bedAED 2M · Mar 2025
28031-bedAED 1.12M · Oct 2024
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

2804, Vera Residences in numbers

  • Sold once: by DAMAC on 25 June 2018 for AED 1,426,000, or AED 1,574 per sqft.
  • Rented since December 2022 on 4 Ejari contracts, from AED 90,000 to AED 103,950 a year.
  • At AED 103,950 a year the gross yield on the 2018 price is 7.3%, before a service charge of about AED 20,000 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 December 2025.

Questions about 2804, Vera Residences

What did unit 2804 last sell for?

AED 1,426,000 on 25 June 2018, sold by the developer: AED 1,574 per sqft for 905 sqft. It is the only registered sale of the unit.

What is the rent for unit 2804?

AED 103,950 a year on the contract renewed on 24 December 2025. The previous contract, from December 2024, was AED 103,950; the unit has been rented since December 2022.

How big is unit 2804?

905 sqft (84.1 sqm): a two-bedroom apartment on the 28th floor of a 28-storey tower completed in 2022.

What is unit 2804 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 2804, Vera Residences

Starts from the last sale price (AED 1.43M, 25 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,426,000
Deposit, UAE resident (20%)
AED 285,200
Deposit, non-resident (40%)
AED 570,400
Monthly over 25 years at 3.7%
AED 5,834

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