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2-bed · 890 sqftVera Residences, Business Bay · 9th floor · completed 2022

902, Vera Residences

Sold prices and rental history: sold twice, last in January 2025, and rented once, from August 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 9 January 2025
Last soldAED 1.8M9 January 2025
Current rentAED 75K /yr29 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 902, Vera Residences

What is 902 worth today?

Last sold for AED 1,799,674 in 2025

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9 Jan 2025SoldReady
AED 1,799,674AED 2,021 per sqft
29 Aug 2022RentedNew contract
AED 75,000/yr12 months · AED 84 per sqft
28 Feb 2018Sold by developerOff-plan
AED 1,233,000AED 1,384 per sqft

Source: Dubai Land Department. Updated 9 January 2025.

Key facts

Type
2-bed apartment
Size
890 sqft
Floor
9th of 28
Parking
P2-052
Developer
DAMAC
Completed
2022
Service charge
AED 19,600 /yr
Last sold
AED 1.8M · January 2025
Building
Vera Residences

About 902, Vera Residences

902 is a two-bedroom apartment of 890 sqft on the 9th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 9 January 2025 for AED 1,799,674, or AED 2,021 per sqft, 20% above the AED 1,684 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 29 August 2022. The current contract, signed on 29 August 2022, is AED 75,000 a year: a gross yield of 4.2% on the 2025 price, before the service charge of about AED 19,600 a year.

Sales and rents for 902 over time

Sales
Unit 902, each saleTypical two-bed in Vera Residences
1.5M2018202120242027Typical 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, February 2018: AED 1,233,000 (AED 1,384 per sqft)Sold, January 2025: AED 1,799,674 (AED 2,021 per sqft)

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

Rents
Unit 902, 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, August 2022: AED 75,000 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 902 sits

All 225 2-beds →

902 last sold in January 2025 at AED 2,021 per sqft, 20% above what two-beds in Vera Residences were fetching at the time (AED 1,684). 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. 902's AED 75,000 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 9th floor

All 522 units in Vera Residences
Value
9012-bedAED 1.3M · Jul 2018
9031-bedAED 747K · Feb 2018
9042-bedAED 1.42M · May 2022
9052-bedAED 1.2M · Mar 2018
9062-bedAED 1.19M · Feb 2018
9072-bedAED 1.19M · Feb 2018
9082-bedAED 1.17M · Feb 2018
1–7 of 20

902, Vera Residences in numbers

  • Sold twice: first on 28 February 2018 for AED 1,233,000, last on 9 January 2025 for AED 1,799,674 (AED 2,021 per sqft).
  • Rented since August 2022 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2025 price is 4.2%, 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 9 January 2025.

Questions about 902, Vera Residences

What did unit 902 last sell for?

AED 1,799,674 on 9 January 2025: AED 2,021 per sqft for 890 sqft. The unit has 2 registered sales; the first was AED 1,233,000 in February 2018.

What is the rent for unit 902?

AED 75,000 a year on the contract signed on 29 August 2022.

How big is unit 902?

890 sqft (82.7 sqm): a two-bedroom apartment on the 9th floor of a 28-storey tower completed in 2022.

What is unit 902 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 902, Vera Residences

Starts from the last sale price (AED 1.8M, 9 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,799,674
Deposit, UAE resident (20%)
AED 359,935
Deposit, non-resident (40%)
AED 719,870
Monthly over 25 years at 3.7%
AED 7,363

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