Unit 2408, Vera Residences: what it sold for and what it is worth now

Unit 2408 at Vera Residences is a 2 bed of 899 sq ft. It last sold for AED 1,500,000 on 25 Dec 2023. At AED 1,660 per sq ft, from 4 sales of units ending 08 (same position in the tower), it is worth about AED 1,493,000 today.

Value todayAED 1,493,000AED 1,483,000 to AED 1,500,000
Last saleAED 1,500,00025 Dec 2023 · Resale
Change since last sale-0.5%Building trend alone: AED 1,594,346
Rent (median asking, 2 bed)AED 100,000Gross yield 6.7%
Bedrooms2 bed
Size899 sq ft
Floor24 (from the unit number)
Position in the towerStack 08: units ending 08 share the same layout and view
BuildingVera Residences by DAMAC Properties, handed over 2022
Registered sales of this unit2

Every registered sale of unit 2408

DatePriceSizeAED/sq ftType
25 Dec 2023AED 1,500,000899 sq ft1,669Resale
9 Feb 2022AED 1,363,000899 sq ft1,516Off-plan

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
150810 Dec 2025AED 1,500,000899 sq ft1,669Resale
140827 Oct 2025AED 1,475,000899 sq ft1,641Resale
170821 Jul 2025AED 1,500,000899 sq ft1,669Resale
220826 May 2025AED 1,485,000899 sq ft1,652Resale
160822 Apr 2024AED 1,500,000899 sq ft1,669Resale
150811 Oct 2023AED 1,500,000899 sq ft1,669Resale
160817 Apr 2023AED 1,350,000899 sq ft1,502Resale
120810 Jun 2021AED 865,000899 sq ft962Off-plan

Latest 2 bed sales in Vera Residences

UnitDatePriceSizeAED/sq ftType
140714 Sep 2026AED 1,546,373902 sq ft1,714Resale
110226 Aug 2026AED 1,532,772890 sq ft1,722Resale
110216 Jul 2026AED 1,513,848890 sq ft1,701Resale
23015 May 2026AED 2,118,000905 sq ft2,340Resale
270117 Apr 2026AED 1,950,000897 sq ft2,174Resale
25211 Mar 2026AED 1,900,000906 sq ft2,097Resale
262126 Feb 2026AED 1,640,000906 sq ft1,810Resale
220727 Jan 2026AED 1,450,000902 sq ft1,608Resale

How we worked out the value

We took the 4 resale sales of units ending 08 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,660). We multiplied it by the size of this unit (899 sq ft). The range uses the middle half of those sales (AED 1,649 to AED 1,669 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,594,346. Floor, view, condition and upgrades can move the price either way. Sales data to 19 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 2408 at Vera Residences worth?

About AED 1,493,000 (range AED 1,483,000 to AED 1,500,000), based on AED 1,660 per sq ft from registered sales up to 19 Oct 2026.

When did unit 2408 last sell?

25 Dec 2023, for AED 1,500,000 (resale). It has 2 registered sales.

What rent can unit 2408 make?

A 2 bed in Vera Residences rents for about AED 100,000 a year (median asking rent). That is a gross yield of 6.7% on the estimate.

Sales alert for Vera ResidencesAll sales in Vera Residences

Unit 2407 · Unit 2409