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2-bed · 908 sqftVera Residences, Business Bay · 6th floor · completed 2022

604, Vera Residences

Sold prices and rental history: sold once, by the developer in May 2018, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 1.31M6 May 2018
Current rentAED 105K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 604, Vera Residences

What is 604 worth today?

Last sold for AED 1,310,000 in 2018

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1 Jun 2026RentedRenewal
AED 105,000/yr12 months · AED 116 per sqft
1 Jun 2025RentedNew contract
AED 120,000/yr12 months · AED 133 per sqft
1 Jun 2025RentedNew contract
AED 120,000/yr12 months · AED 133 per sqft
26 Mar 2024RentedNew contract
AED 124,000/yr12 months · AED 137 per sqft
6 May 2018Sold by developerOff-plan
AED 1,310,000AED 1,442 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
2-bed apartment
Size
908 sqft
Floor
6th of 28
Parking
P2-026
Developer
DAMAC
Completed
2022
Service charge
AED 20,000 /yr
Last sold
AED 1.31M · May 2018
Building
Vera Residences

About 604, Vera Residences

604 is a two-bedroom apartment of 908 sqft on the 6th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 6 May 2018 for AED 1,310,000, or AED 1,442 per sqft, 7% above the AED 1,353 two-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 105,000 a year: a gross yield of 8.0% on the 2018 price, before the service charge of about AED 20,000 a year.

Sales and rents for 604 over time

Sales
Unit 604, 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, May 2018: AED 1,310,000 (AED 1,442 per sqft)

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

Rents
Unit 604, each contractTypical two-bed in Vera Residences
100K120K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 99,375; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 100,000New contract, March 2024: AED 124,000 a yearNew contract, June 2025: AED 120,000 a yearNew contract, June 2025: AED 120,000 a yearRenewal, June 2026: AED 105,000 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 604 sits

All 225 2-beds →

604 last sold in May 2018 at AED 1,442 per sqft, 7% above what two-beds in Vera Residences were fetching at the time (AED 1,353). 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. 604's AED 105,000 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 6th floor

All 522 units in Vera Residences
Value
6012-bedAED 1.28M · Dec 2018
6022-bedAED 1.6M · Sep 2023
6031-bedAED 796K · Apr 2018
6052-bedAED 1.27M · Apr 2019
6062-bedAED 1.27M · May 2018
6072-bedAED 1.26M · May 2018
6082-bedAED 1.26M · Aug 2018
1–7 of 20

604, Vera Residences in numbers

  • Sold once: by DAMAC on 6 May 2018 for AED 1,310,000, or AED 1,442 per sqft.
  • Rented since March 2024 on 4 Ejari contracts, from AED 124,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2018 price is 8.0%, 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 1 June 2026.

Questions about 604, Vera Residences

What did unit 604 last sell for?

AED 1,310,000 on 6 May 2018, sold by the developer: AED 1,442 per sqft for 908 sqft. It is the only registered sale of the unit.

What is the rent for unit 604?

AED 105,000 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 120,000; the unit has been rented since March 2024.

How big is unit 604?

908 sqft (84.4 sqm): a two-bedroom apartment on the 6th floor of a 28-storey tower completed in 2022.

What is unit 604 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 604, Vera Residences

Starts from the last sale price (AED 1.31M, 6 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,310,000
Deposit, UAE resident (20%)
AED 262,000
Deposit, non-resident (40%)
AED 524,000
Monthly over 25 years at 3.7%
AED 5,360

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