2-bed · 908 sqftVera Residences, Business Bay · 9th floor · completed 2022

909, Vera Residences

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

Unit 909 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 1.2M28 February 2018
Current rentAED 115K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 909, Vera Residences

What is 909 worth today?

Last sold for AED 1,201,000 in 2018

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1 Dec 2024RentedRenewal
AED 115,000/yr12 months · AED 127 per sqft
28 Feb 2018Sold by developerOff-plan
AED 1,201,000AED 1,322 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
2-bed apartment
Size
908 sqft
Floor
9th of 28
Parking
P2-058
Developer
DAMAC
Completed
2022
Service charge
AED 20,000 /yr
Last sold
AED 1.2M · February 2018

About 909, Vera Residences

909 is a two-bedroom apartment of 908 sqft on the 9th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 28 February 2018 for AED 1,201,000, or AED 1,322 per sqft, in line with the AED 1,335 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2024. The current contract, renewed on 1 December 2024, is AED 115,000 a year: a gross yield of 9.6% on the 2018 price, before the service charge of about AED 20,000 a year.

Sales and rents for 909 over time

Sales
Unit 909, 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 1,201,000 (AED 1,322 per sqft)

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

Rents
Unit 909, each contractTypical two-bed in Vera Residences
100K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 99,375; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 100,000Renewal, December 2024: AED 115,000 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 909 sits

All 225 2-beds →

909 last sold in February 2018 at AED 1,322 per sqft, in line with what two-beds in Vera Residences were fetching at the time (AED 1,335). 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. 909's AED 115,000 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 9th floor

All 522 units in Vera Residences
Value
9012-bedAED 1.3M · Jul 2018
9022-bedAED 1.8M · Jan 2025
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
1–7 of 20

909, Vera Residences in numbers

  • Sold once: by DAMAC on 28 February 2018 for AED 1,201,000, or AED 1,322 per sqft.
  • Rented since December 2024 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2018 price is 9.6%, 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 December 2024.

Questions about 909, Vera Residences

What did unit 909 last sell for?

AED 1,201,000 on 28 February 2018, sold by the developer: AED 1,322 per sqft for 908 sqft. It is the only registered sale of the unit.

What is the rent for unit 909?

AED 115,000 a year on the contract renewed on 1 December 2024.

How big is unit 909?

908 sqft (84.4 sqm): a two-bedroom apartment on the 9th floor of a 28-storey tower completed in 2022.

What is unit 909 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 909, Vera Residences

Starts from the last sale price (AED 1.2M, 28 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,201,000
Deposit, UAE resident (20%)
AED 240,200
Deposit, non-resident (40%)
AED 480,400
Monthly over 25 years at 3.7%
AED 4,914

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