Unit 602, Vera Residences: what it sold for and what it is worth now

Unit 602 at Vera Residences is a 2 bed of 890 sq ft. It last sold for AED 1,600,000 on 28 Sep 2023. At AED 1,872 per sq ft, from 4 sales of units ending 02 (same position in the tower), it is worth about AED 1,666,000 today.

Value todayAED 1,666,000AED 1,528,000 to AED 1,851,000
Last saleAED 1,600,00028 Sep 2023 · Resale
Change since last sale+4.1%Building trend alone: AED 1,756,700
Rent (median asking, 2 bed)AED 100,000Gross yield 6.0%
Bedrooms2 bed
Size890 sq ft
Floor6 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingVera Residences by DAMAC Properties, handed over 2022
Registered sales of this unit2

Every registered sale of unit 602

DatePriceSizeAED/sq ftType
28 Sep 2023AED 1,600,000890 sq ft1,798Resale
17 Jul 2023AED 1,350,000890 sq ft1,517Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
110226 Aug 2026AED 1,532,772890 sq ft1,722Resale
110216 Jul 2026AED 1,513,848890 sq ft1,701Resale
280224 Mar 2025AED 2,000,000888 sq ft2,252Resale
9029 Jan 2025AED 1,799,674890 sq ft2,022Resale
250230 May 2024AED 1,800,000892 sq ft2,018Resale
80224 Apr 2024AED 1,500,000890 sq ft1,685Resale
19024 Oct 2023AED 2,041,000890 sq ft2,293Resale
24022 Mar 2023AED 1,693,440892 sq ft1,898Resale

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 02 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,872). We multiplied it by the size of this unit (890 sq ft). The range uses the middle half of those sales (AED 1,717 to AED 2,080 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,756,700. 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 602 at Vera Residences worth?

About AED 1,666,000 (range AED 1,528,000 to AED 1,851,000), based on AED 1,872 per sq ft from registered sales up to 19 Oct 2026.

When did unit 602 last sell?

28 Sep 2023, for AED 1,600,000 (resale). It has 2 registered sales.

What rent can unit 602 make?

A 2 bed in Vera Residences rents for about AED 100,000 a year (median asking rent). That is a gross yield of 6.0% on the estimate.

Sales alert for Vera ResidencesAll sales in Vera Residences

Unit 520 · Unit 611