Home
Dubai prices
About
Research
2-bed · 908 sqftVera Residences, Business Bay · 7th floor · completed 2022

709, Vera Residences

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

Unit 709 · DLD and Ejari recordsUpdated 25 November 2025
Last soldAED 1.18M11 March 2018
Current rentAED 72K /yr25 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 709

Property timeline for 709, Vera Residences

What is 709 worth today?

Last sold for AED 1,175,020 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Nov 2025RentedNew contract
AED 71,523/yr5 months · AED 79 per sqft
26 Nov 2024RentedNew contract
AED 94,000/yr12 months · AED 104 per sqft
1 Nov 2022RentedNew contract
AED 90,000/yr12 months · AED 100 per sqft
11 Mar 2018Sold by developerOff-plan
AED 1,175,020AED 1,293 per sqft

Source: Dubai Land Department. Updated 25 November 2025.

Key facts

Type
2-bed apartment
Size
908 sqft
Floor
7th of 28
Parking
P2-040
Developer
DAMAC
Completed
2022
Service charge
AED 20,000 /yr
Last sold
AED 1.18M · March 2018
Building
Vera Residences

About 709, Vera Residences

709 is a two-bedroom apartment of 908 sqft on the 7th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 11 March 2018 for AED 1,175,020, or AED 1,293 per sqft, 3% below the AED 1,334 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 25 November 2025, is AED 71,523 a year: a gross yield of 6.1% on the 2018 price, before the service charge of about AED 20,000 a year.

Sales and rents for 709 over time

Sales
Unit 709, 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, March 2018: AED 1,175,020 (AED 1,293 per sqft)

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

Rents
Unit 709, each contractTypical two-bed in Vera Residences
80K100K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 99,375; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 100,000New contract, November 2022: AED 90,000 a yearNew contract, November 2024: AED 94,000 a yearNew contract, November 2025: AED 71,523 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 709 sits

All 225 2-beds →

709 last sold in March 2018 at AED 1,293 per sqft, 3% below what two-beds in Vera Residences were fetching at the time (AED 1,334). 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. 709's AED 71,523 is in the lower 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 7th floor

All 522 units in Vera Residences
Value
7012-bedAED 1.27M · Apr 2019
7022-bedAED 1.23M · Mar 2018
7031-bedAED 920K · Feb 2024
7042-bedAED 1.4M · Jul 2024
7052-bedAED 1.65M · Oct 2024
7062-bedAED 1.19M · Jul 2018
7072-bedAED 1.17M · Jul 2018
1–7 of 20

709, Vera Residences in numbers

  • Sold once: by DAMAC on 11 March 2018 for AED 1,175,020, or AED 1,293 per sqft.
  • Rented since November 2022 on 3 Ejari contracts, from AED 90,000 to AED 71,523 a year.
  • At AED 71,523 a year the gross yield on the 2018 price is 6.1%, 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 25 November 2025.

Questions about 709, Vera Residences

What did unit 709 last sell for?

AED 1,175,020 on 11 March 2018, sold by the developer: AED 1,293 per sqft for 908 sqft. It is the only registered sale of the unit.

What is the rent for unit 709?

AED 71,523 a year on the contract signed on 25 November 2025. The previous contract, from November 2024, was AED 94,000; the unit has been rented since November 2022.

How big is unit 709?

908 sqft (84.4 sqm): a two-bedroom apartment on the 7th floor of a 28-storey tower completed in 2022.

What is unit 709 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.

Selling 709? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 709, Vera Residences

Starts from the last sale price (AED 1.18M, 11 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,020
Deposit, UAE resident (20%)
AED 235,004
Deposit, non-resident (40%)
AED 470,008
Monthly over 25 years at 3.7%
AED 4,807

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