2-bed · 900 sqftVera Residences, Business Bay · 8th floor · completed 2022

806, Vera Residences

Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 20 May 2026
Last soldAED 1.2M19 April 2023
Current rentAED 120K /yr20 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Vera Residences

What is 806 worth today?

Last sold for AED 1,200,000 in 2023

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20 May 2026RentedNew contract
AED 120,000/yr12 months · AED 133 per sqft
10 Mar 2025RentedRenewal
AED 115,500/yr12 months · AED 128 per sqft
10 Mar 2025RentedRenewal
AED 115,500/yr12 months · AED 128 per sqft
10 Mar 2024RentedNew contract
AED 110,000/yr12 months · AED 122 per sqft
19 Apr 2023SoldReady
AED 1,200,000AED 1,333 per sqft
1 Mar 2023RentedNew contract
AED 100,000/yr12 months · AED 111 per sqft
20 Dec 2022RentedNew contract
AED 105,000/yr12 months · AED 117 per sqft
15 Nov 2022SoldReady
AED 1,050,000AED 1,166 per sqft

Source: Dubai Land Department. Updated 20 May 2026.

Key facts

Type
2-bed apartment
Size
900 sqft
Floor
8th of 28
Parking
P2-046
Developer
DAMAC
Completed
2022
Service charge
AED 19,800 /yr
Last sold
AED 1.2M · April 2023

About 806, Vera Residences

806 is a two-bedroom apartment of 900 sqft on the 8th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 19 April 2023 for AED 1,200,000, or AED 1,333 per sqft, 9% below the AED 1,469 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 20 May 2026, is AED 120,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 19,800 a year.

Sales and rents for 806 over time

Sales
Unit 806, each saleTypical two-bed in Vera Residences
1M1.25M1.5M2018202120242027Typical 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 1,192,000 (AED 1,324 per sqft)Sold, November 2022: AED 1,050,000 (AED 1,166 per sqft)Sold, April 2023: AED 1,200,000 (AED 1,333 per sqft)

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

Rents
Unit 806, 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, December 2022: AED 105,000 a yearNew contract, March 2023: AED 100,000 a yearNew contract, March 2024: AED 110,000 a yearRenewal, March 2025: AED 115,500 a yearRenewal, March 2025: AED 115,500 a yearNew contract, May 2026: 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 806 sits

All 225 2-beds →

806 last sold in April 2023 at AED 1,333 per sqft, 9% below what two-beds in Vera Residences were fetching at the time (AED 1,469). 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. 806'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
8022-bedAED 1.5M · Apr 2024
8031-bedAED 746K · Feb 2018
8042-bedAED 1.42M · May 2022
8052-bedAED 1.2M · Feb 2018
8072-bedAED 1.6M · Aug 2024
8082-bedAED 1.19M · Mar 2018
1–7 of 20

806, Vera Residences in numbers

  • Sold 3 times: first on 11 March 2018 for AED 1,192,000, last on 19 April 2023 for AED 1,200,000 (AED 1,333 per sqft).
  • Rented since December 2022 on 6 Ejari contracts, from AED 105,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 10.0%, before a service charge of about AED 19,800 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 20 May 2026.

Questions about 806, Vera Residences

What did unit 806 last sell for?

AED 1,200,000 on 19 April 2023: AED 1,333 per sqft for 900 sqft. The unit has 3 registered sales; the first was AED 1,192,000 in March 2018.

What is the rent for unit 806?

AED 120,000 a year on the contract signed on 20 May 2026. The previous contract, from March 2025, was AED 115,500; the unit has been rented since December 2022.

How big is unit 806?

900 sqft (83.6 sqm): a two-bedroom apartment on the 8th floor of a 28-storey tower completed in 2022.

What is unit 806 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 806, Vera Residences

Starts from the last sale price (AED 1.2M, 19 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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