405, Vera Residences
Sold prices and rental history: sold once, by the developer in March 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Vera Residences
What is 405 worth today?
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Source: Dubai Land Department. Updated 24 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 907 sqft
- Floor
- 4th of 28
- Parking
- P2-009
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 20,000 /yr
- Last sold
- AED 1.32M · March 2019
- Building
- Vera Residences
About 405, Vera Residences
405 is a two-bedroom apartment of 907 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 14 March 2019 for AED 1,322,000, or AED 1,458 per sqft, in line with the AED 1,435 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 24 October 2026, is AED 106,722 a year: a gross yield of 8.1% on the 2019 price, before the service charge of about AED 20,000 a year.
Sales and rents for 405 over time
405 has sold once; the dashed line is the two-bed median of each year in the building.
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 405 sits
All 225 2-beds →405 last sold in March 2019 at AED 1,458 per sqft, in line with what two-beds in Vera Residences were fetching at the time (AED 1,435). 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. 405's AED 106,722 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Vera Residences
Building522 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%
Other units on the 4th floor
All 522 units in Vera Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 900 sqft | AED 1.29MAED 1,289,000 · Jul 2019July 2019 | ||
| 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 | |
| 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 |
405, Vera Residences in numbers
- Sold once: by DAMAC on 14 March 2019 for AED 1,322,000, or AED 1,458 per sqft.
- Rented since October 2022 on 5 Ejari contracts, from AED 80,000 to AED 106,722 a year.
- At AED 106,722 a year the gross yield on the 2019 price is 8.1%, 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 October 2026.
Questions about 405, Vera Residences
What did unit 405 last sell for?
AED 1,322,000 on 14 March 2019, sold by the developer: AED 1,458 per sqft for 907 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 106,722 a year on the contract signed on 24 October 2026. The previous contract, from October 2025, was AED 101,640; the unit has been rented since October 2022.
How big is unit 405?
907 sqft (84.3 sqm): a two-bedroom apartment on the 4th floor of a 28-storey tower completed in 2022.
What is unit 405 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 405, Vera Residences
Starts from the last sale price (AED 1.32M, 14 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,322,000
- Deposit, UAE resident (20%)
- AED 264,400
- Deposit, non-resident (40%)
- AED 528,800
- Monthly over 25 years at 3.7%
- AED 5,409
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →