2-bed · 890 sqftVera Residences, Business Bay · 6th floor · completed 2022

602, 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 3 times, last in September 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 602 · DLD and Ejari recordsUpdated 3 September 2026

Last soldAED 1.6M28 September 2023

Current rentAED 90K /yr3 September 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 602, Vera Residences

Today

What is 602 worth today?

Last sold for AED 1,600,000 in 2023

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3 Sep 2026

3 Sep 2026RentedNew contract

AED 90,000/yr12 months · AED 101 per sqft

29 Jun 2025

29 Jun 2025RentedRenewal

AED 119,571/yr9 months · AED 134 per sqft

29 Jun 2025

29 Jun 2025RentedRenewal

AED 119,571/yr9 months · AED 134 per sqft

28 Sep 2023

28 Sep 2023SoldReady

AED 1,600,000AED 1,796 per sqft

17 Jul 2023

17 Jul 2023SoldReady

AED 1,350,000AED 1,516 per sqft

11 Sep 2018

11 Sep 2018Sold by developerOff-plan

AED 1,278,000AED 1,435 per sqft

Source: Dubai Land Department. Updated 3 September 2026.

Key facts

Type: 2-bed apartment
Size: 890 sqft
Floor: 6th of 28
Parking: P2-025
Developer: DAMAC
Completed: 2022
Service charge: AED 19,600 /yr
Last sold: AED 1.6M · September 2023
Building: Vera Residences

About 602, Vera Residences

602 is a two-bedroom apartment of 890 sqft on the 6th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 28 September 2023 for AED 1,600,000, or AED 1,796 per sqft, 19% above the AED 1,509 two-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 3 September 2026, is AED 90,000 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 19,600 a year.

Sales and rents for 602 over time

Sales

Unit 602, each saleTypical two-bed in Vera Residences

602 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents

Unit 602, 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 602 sits

All 225 2-beds →

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

602 last sold in September 2023 at AED 1,796 per sqft, 19% above what two-beds in Vera Residences were fetching at the time (AED 1,509). 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. 602's AED 90,000 is in the lower half of that range.

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 6th floor

All 522 units in Vera Residences


601	2-bed	900 sqft	AED 1.28MAED 1,280,070 · Dec 2018December 2018
603	1-bed	473 sqft	AED 796KAED 796,000 · Apr 2018April 2018	90,000 /yr
604	2-bed	908 sqft	AED 1.31MAED 1,310,000 · May 2018May 2018	105,000 /yr
605	2-bed	905 sqft	AED 1.27MAED 1,268,000 · Apr 2019April 2019	100,000 /yr
606	2-bed	905 sqft	AED 1.27MAED 1,267,000 · May 2018May 2018	88,000 /yr
607	2-bed	898 sqft	AED 1.26MAED 1,261,000 · May 2018May 2018	100,000 /yr
608	2-bed	899 sqft	AED 1.26MAED 1,260,000 · Aug 2018August 2018	100,000 /yr
609	2-bed	908 sqft	AED 1.28MAED 1,277,000 · Jul 2018July 2018
610	1-bed	479 sqft	AED 749KAED 749,000 · Mar 2018March 2018	57,845 /yr
611	1-bed	477 sqft	AED 795KAED 795,319 · Jun 2022June 2022	57,000 /yr
612	1-bed	476 sqft	AED 776KAED 776,000 · May 2018May 2018	75,000 /yr
613	1-bed	485 sqft	AED 1.05MAED 1,050,000 · Jul 2023July 2023	51,889 /yr
614	1-bed	485 sqft	AED 816KAED 816,000 · Jul 2022July 2022	71,667 /yr
615	1-bed	478 sqft	AED 1.08MAED 1,080,000 · Oct 2025October 2025	85,800 /yr
616	1-bed	475 sqft	AED 794KAED 794,000 · Oct 2018October 2018	75,000 /yr
617	1-bed	474 sqft	AED 786KAED 786,060 · Jul 2018July 2018	80,000 /yr
618	1-bed	475 sqft	AED 920KAED 920,000 · Aug 2023August 2023
619	1-bed	243 sqft	AED 770KAED 770,000 · Feb 2018February 2018	59,000 /yr
620	1-bed	474 sqft	AED 770KAED 770,000 · Feb 2018February 2018	58,000 /yr
621	2-bed	905 sqft	AED 1.3MAED 1,304,000 · Apr 2018April 2018	120,000 /yr

1–7 of 20

602, Vera Residences in numbers

Sold 3 times: first on 11 September 2018 for AED 1,278,000, last on 28 September 2023 for AED 1,600,000 (AED 1,796 per sqft).
Rented since June 2025 on 3 Ejari contracts, from AED 119,571 to AED 90,000 a year.
At AED 90,000 a year the gross yield on the 2023 price is 5.6%, 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 3 September 2026.

Questions about 602, Vera Residences

What did unit 602 last sell for?

AED 1,600,000 on 28 September 2023: AED 1,796 per sqft for 890 sqft. The unit has 3 registered sales; the first was AED 1,278,000 in September 2018.

What is the rent for unit 602?

AED 90,000 a year on the contract signed on 3 September 2026. The previous contract, from June 2025, was AED 119,571; the unit has been rented since June 2025.

How big is unit 602?

890 sqft (82.7 sqm): a two-bedroom apartment on the 6th floor of a 28-storey tower completed in 2022.

What is unit 602 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 602, Vera Residences

Starts from the last sale price (AED 1.6M, 28 September 2023). Switch to today's estimate once you have unlocked it.

Price: AED 1,600,000
Deposit, UAE resident (20%): AED 320,000
Deposit, non-resident (40%): AED 640,000
Monthly over 25 years at 3.7%: AED 6,546

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