1012, Vera Residences
Sold prices and rental history: sold 3 times, last in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1012, Vera Residences
What is 1012 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 11 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 476 sqft
- Floor
- 10th of 28
- Parking
- B-073
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1.09M · March 2024
- Building
- Vera Residences
About 1012, Vera Residences
1012 is a one-bedroom apartment of 476 sqft on the 10th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 11 March 2024 for AED 1,085,000, or AED 2,279 per sqft, 17% above the AED 1,946 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1012 over time
1012 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Vera Residences, and where 1012 sits
All 293 1-beds →1012 last sold in March 2024 at AED 2,279 per sqft, 17% above what one-beds in Vera Residences were fetching at the time (AED 1,946). Over the last 12 months one-beds sold for AED 940,000 to 1,254,000, around AED 2,225 per sqft, and rent for AED 29,219 to 140,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 475 sqft | 940,000 | 1,979 | ||
| 16 Oct 202616 October 2026 | 474 sqft | 1,000,000 | 2,107 | ||
| 19 Aug 202619 August 2026 | 513 sqft | 1,254,000 | 2,445 | ||
| 18 Aug 202618 August 2026 | 513 sqft | 1,141,000 | 2,225 |
Vera Residences
Building522 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%
Other units on the 10th floor
All 522 units in Vera Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 900 sqft | AED 1.46MAED 1,456,000 · Jul 2024July 2024 | 100,000 /yr | |
| 1002 | 2-bed | 890 sqft | AED 1.23MAED 1,234,000 · Feb 2018February 2018 | 135,000 /yr | |
| 1003 | 1-bed | 513 sqft | AED 877KAED 877,100 · Aug 2022August 2022 | 68,000 /yr | |
| 1004 | 2-bed | 908 sqft | AED 1.42MAED 1,422,750 · Feb 2022February 2022 | 105,000 /yr | |
| 1005 | 2-bed | 905 sqft | AED 1.29MAED 1,290,464 · May 2022May 2022 | ||
| 1006 | 2-bed | 900 sqft | AED 1.29MAED 1,293,600 · May 2022May 2022 | 95,000 /yr | |
| 1007 | 2-bed | 902 sqft | AED 1.19MAED 1,194,000 · Feb 2018February 2018 | 92,000 /yr | |
| 1008 | 2-bed | 899 sqft | AED 1.17MAED 1,170,120 · Feb 2018February 2018 | 108,000 /yr | |
| 1009 | 2-bed | 908 sqft | AED 1.2MAED 1,202,000 · Feb 2018February 2018 | 86,767 /yr | |
| 1010 | 1-bed | 479 sqft | AED 861KAED 861,000 · May 2022May 2022 | 73,500 /yr | |
| 1011 | 1-bed | 477 sqft | AED 804KAED 803,551 · Jun 2022June 2022 | ||
| 1013 | 1-bed | 475 sqft | AED 724KAED 724,000 · Feb 2018February 2018 | 78,500 /yr | |
| 1014 | 1-bed | 479 sqft | AED 735KAED 735,000 · Feb 2018February 2018 | 70,000 /yr | |
| 1015 | 1-bed | 478 sqft | AED 759KAED 759,000 · Feb 2018February 2018 | 70,000 /yr | |
| 1016 | 1-bed | 475 sqft | AED 940KAED 940,000 · Feb 2024February 2024 | 50,139 /yr | |
| 1017 | 1-bed | 475 sqft | AED 749KAED 749,000 · Feb 2018February 2018 | 73,500 /yr | |
| 1018 | 1-bed | 475 sqft | AED 829KAED 829,000 · Jul 2022July 2022 | 80,000 /yr | |
| 1019 | 1-bed | 475 sqft | AED 1.03MAED 1,030,000 · Jul 2026July 2026 | 64,000 /yr | |
| 1020 | 1-bed | 474 sqft | AED 740KAED 740,000 · May 2023May 2023 | 75,000 /yr | |
| 1021 | 2-bed | 905 sqft | AED 1.42MAED 1,419,600 · Mar 2022March 2022 | 118,000 /yr |
1012, Vera Residences in numbers
- Sold 3 times: first on 22 July 2022 for AED 810,000, last on 11 March 2024 for AED 1,085,000 (AED 2,279 per sqft).
- One-beds in Vera Residences sold for AED 940,000–1,254,000 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 11 March 2024.
Questions about 1012, Vera Residences
What did unit 1012 last sell for?
AED 1,085,000 on 11 March 2024: AED 2,279 per sqft for 476 sqft. The unit has 3 registered sales; the first was AED 810,000 in July 2022.
How big is unit 1012?
476 sqft (44.2 sqm): a one-bedroom apartment on the 10th floor of a 28-storey tower completed in 2022.
What is unit 1012 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Vera Residences sold for AED 940,000 to 1,254,000 in the last 12 months, around AED 2,225 per sqft.
Selling 1012? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1012, Vera Residences
Starts from the last sale price (AED 1.09M, 11 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,085,000
- Deposit, UAE resident (20%)
- AED 217,000
- Deposit, non-resident (40%)
- AED 434,000
- Monthly over 25 years at 3.7%
- AED 4,439
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →