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2-bed · 890 sqftVera Residences, Business Bay · 8th floor · completed 2022

802, Vera Residences

Sold prices and rental history: sold twice, last in April 2024, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 1.5M24 April 2024
Current rentAED 120K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 802, Vera Residences

What is 802 worth today?

Last sold for AED 1,500,000 in 2024

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1 Oct 2025RentedNew contract
AED 120,000/yr12 months · AED 134 per sqft
24 Apr 2024SoldReady
AED 1,500,000AED 1,684 per sqft
12 Feb 2018Sold by developerOff-plan
AED 1,232,000AED 1,383 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
2-bed apartment
Size
890 sqft
Floor
8th of 28
Parking
P2-043
Developer
DAMAC
Completed
2022
Service charge
AED 19,600 /yr
Last sold
AED 1.5M · April 2024
Building
Vera Residences

About 802, Vera Residences

802 is a two-bedroom apartment of 890 sqft on the 8th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 24 April 2024 for AED 1,500,000, or AED 1,684 per sqft, in line with the AED 1,676 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2025. The current contract, signed on 1 October 2025, is AED 120,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 19,600 a year.

Sales and rents for 802 over time

Sales
Unit 802, 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, February 2018: AED 1,232,000 (AED 1,383 per sqft)Sold, April 2024: AED 1,500,000 (AED 1,684 per sqft)

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

Rents
Unit 802, 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, October 2025: AED 120,000 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 802 sits

All 225 2-beds →

802 last sold in April 2024 at AED 1,684 per sqft, in line with what two-beds in Vera Residences were fetching at the time (AED 1,676). 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. 802's AED 120,000 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 8th floor

All 522 units in Vera Residences
Value
8012-bedAED 1.3M · Sep 2019
8031-bedAED 746K · Feb 2018
8042-bedAED 1.42M · May 2022
8052-bedAED 1.2M · Feb 2018
8062-bedAED 1.2M · Apr 2023
8072-bedAED 1.6M · Aug 2024
8082-bedAED 1.19M · Mar 2018
1–7 of 20

802, Vera Residences in numbers

  • Sold twice: first on 12 February 2018 for AED 1,232,000, last on 24 April 2024 for AED 1,500,000 (AED 1,684 per sqft).
  • Rented since October 2025 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 8.0%, 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 1 October 2025.

Questions about 802, Vera Residences

What did unit 802 last sell for?

AED 1,500,000 on 24 April 2024: AED 1,684 per sqft for 890 sqft. The unit has 2 registered sales; the first was AED 1,232,000 in February 2018.

What is the rent for unit 802?

AED 120,000 a year on the contract signed on 1 October 2025.

How big is unit 802?

890 sqft (82.7 sqm): a two-bedroom apartment on the 8th floor of a 28-storey tower completed in 2022.

What is unit 802 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 802, Vera Residences

Starts from the last sale price (AED 1.5M, 24 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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