2-Bedroom Burj View Apartment in Vera Residences by DAMAC, Business Bay, Tenanted

2-Bedroom Apartment Vera Residences Business Bay — Apartment In Canal Below Price
2-Bedroom Apartment Vera Residences Business Bay. Apartment In Canal Below Price.

AED 1,470,000

Deal typeBelow Market
PriceAED 1,470,000
Bedrooms2
Size908 sq.ft
TypeApartment
StatusReady
DeveloperDAMAC Properties
Area / Master developmentBusiness Bay
Sub-community / PhaseVera Residences
CommunityBusiness Bay

Property Overview

This furnished 2-bedroom apartment in Vera Residences by DAMAC, Business Bay, is offered at AED 1,470,000. The 908 sq ft unit is ready, has a Burj Khalifa view, and is rented at AED 100,000 a year until 10 September 2027.

Key Highlights

  • 2 bedrooms, 908 sq ft
  • Burj Khalifa view
  • Furnished and ready
  • Tenanted at AED 100,000 a year until 10 September 2027
  • Gross yield about 6.8% at the asking price
  • Asking price: AED 1,470,000 (about AED 1,619 per sq ft)

Why This Deal Qualifies

The agent compares the asking price with a market price of around AED 1,600,000 for a similar unit, about AED 130,000 (8.1%) higher. No comparable transactions were supplied, so buyers should check recent 2-bedroom sales in Vera Residences before relying on this comparison.

About Vera Residences

Vera Residences is a residential tower by DAMAC Properties in Business Bay, with furnished apartments, shared pool and gym, and views towards Downtown Dubai.

Layout

The 908 sq ft apartment offers two bedrooms, a living and dining area, a kitchen and a balcony facing Burj Khalifa, and is supplied furnished. Floor plans should be requested to confirm the floor and layout.

Tenancy

The apartment is rented at AED 100,000 a year until 10 September 2027, a gross yield of about 6.8% at the asking price. Buyers should request the tenancy contract, Ejari registration and rent payment schedule.

Location

Business Bay sits beside Downtown Dubai along the Dubai Water Canal, with access to Sheikh Zayed Road, Al Khail Road and the Business Bay metro station.

Verification Notes

Details are based on an agent brief received on 5 November 2026. The title deed, tenancy contract and the market comparison should be verified before purchase.

Frequently asked questions

What is the asking price of this Vera Residences apartment?

The asking price is AED 1,470,000 for a furnished, ready 908 sq ft 2-bedroom apartment with a Burj Khalifa view in Vera Residences, Business Bay.

Is it rented?

Yes. It is rented at AED 100,000 a year until 10 September 2027, a gross yield of about 6.8% at the asking price.

How does it compare with the market?

The agent cites a market price of about AED 1,600,000. No comparables were supplied, so check recent sales before relying on this.

Who is the developer?

Vera Residences is developed by DAMAC Properties.

Buyer costs

What you will pay

Dubai transfer costs for an ready unit. Every figure editable — NOC is set by the developer and varies.

AED
Sale price—
DLD transfer fee—
NOC fee—
Trustee / registration—
Agency fee—
VAT on agency (5%)—

Total cost

—

Full payment schedule and unit details are released to qualified buyers on enquiry.

Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.

Finance

Mortgage estimate

Indicative monthly repayment on a UAE bank mortgage.

AED
Down payment—
Loan amount—
Total interest—
Total repaid—

Monthly payment

—

Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.

Read our full property verification methodology →

Browse this listing by developer, location, property type and bedroom count.