2-bed · 900 sqftVera Residences, Business Bay · 4th floor · completed 2022

401, Vera Residences

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in July 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 401 · DLD and Ejari recordsUpdated 24 July 2019

Last soldAED 1.29M24 July 2019

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Today's valuefree after one verification

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Property timeline for 401, Vera Residences

Today

What is 401 worth today?

Last sold for AED 1,289,000 in 2019

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24 Jul 2019

24 Jul 2019Sold by developerOff-plan

AED 1,289,000AED 1,432 per sqft

Source: Dubai Land Department. Updated 24 July 2019.

Key facts

Type: 2-bed apartment
Size: 900 sqft
Floor: 4th of 28
Parking: P2-006
Developer: DAMAC
Completed: 2022
Service charge: AED 19,800 /yr
Last sold: AED 1.29M · July 2019
Building: Vera Residences

About 401, Vera Residences

401 is a two-bedroom apartment of 900 sqft on the 4th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 24 July 2019 for AED 1,289,000, or AED 1,432 per sqft, in line with the AED 1,432 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 401 over time

Sales

Unit 401, each saleTypical two-bed in Vera Residences

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

Rents

Unit 401, each contractTypical two-bed in Vera Residences

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 401 sits

All 225 2-beds →

2-beds in Vera Residences · last 12 months1,707 /sqft Vera Residences · all types2,097 /sqft

401 last sold in July 2019 at AED 1,432 per sqft, in line with what two-beds in Vera Residences were fetching at the time (AED 1,432). 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.

Recent 2-bed sales	Size	Price (AED)	Per sqft
29 Oct 202629 October 2026	897 sqft	1,350,000	1,505
14 Sep 202614 September 2026	902 sqft	1,546,373	1,714
26 Aug 202626 August 2026	890 sqft	1,532,772	1,721
16 Jul 202616 July 2026	890 sqft	1,513,848	1,700

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 4th floor

All 522 units in Vera Residences


402	2-bed	890 sqft	AED 1.28MAED 1,275,000 · Aug 2018August 2018	106,000 /yr
403	1-bed	473 sqft	AED 780KAED 780,000 · Mar 2018March 2018
404	2-bed	908 sqft	AED 1.27MAED 1,274,980 · Oct 2019October 2019	85,000 /yr
405	2-bed	907 sqft	AED 1.32MAED 1,322,000 · Mar 2019March 2019	106,722 /yr
406	2-bed	997 sqft	AED 1.57MAED 1,571,920 · Jul 2022July 2022	85,000 /yr
407	2-bed	1,043 sqft	AED 1.7MAED 1,700,000 · Mar 2025March 2025	115,000 /yr
408	2-bed	901 sqft	AED 1.48MAED 1,483,000 · Jul 2019July 2019	100,000 /yr
409	2-bed	906 sqft	AED 1.52MAED 1,522,000 · Oct 2018October 2018
410	1-bed	479 sqft	AED 775KAED 775,000 · Mar 2018March 2018
411	1-bed	477 sqft	AED 772KAED 772,000 · Jul 2018July 2018	64,138 /yr
412	1-bed	476 sqft	AED 1.2MAED 1,195,000 · Jun 2024June 2024	70,000 /yr
413	1-bed	485 sqft	AED 1.06MAED 1,060,000 · Jan 2024January 2024	67,000 /yr
414	1-bed	481 sqft	AED 1.25MAED 1,250,000 · Nov 2024November 2024
415	1-bed	479 sqft	AED 797KAED 797,000 · May 2018May 2018	55,000 /yr
416	2-bed	475 sqft	AED 1.04MAED 1,041,000 · Oct 2018October 2018	85,000 /yr
417	1-bed	475 sqft	AED 872KAED 871,500 · May 2022May 2022

1–7 of 16

401, Vera Residences in numbers

Sold once: by DAMAC on 24 July 2019 for AED 1,289,000, or AED 1,432 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 July 2019.

Questions about 401, Vera Residences

What did unit 401 last sell for?

AED 1,289,000 on 24 July 2019, sold by the developer: AED 1,432 per sqft for 900 sqft. It is the only registered sale of the unit.

How big is unit 401?

900 sqft (83.6 sqm): a two-bedroom apartment on the 4th floor of a 28-storey tower completed in 2022.

What is unit 401 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 401, Vera Residences

Starts from the last sale price (AED 1.29M, 24 July 2019). Switch to today's estimate once you have unlocked it.

Price: AED 1,289,000
Deposit, UAE resident (20%): AED 257,800
Deposit, non-resident (40%): AED 515,600
Monthly over 25 years at 3.7%: AED 5,274

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