1-bed · 479 sqftVera Residences, Business Bay · 10th floor · completed 2022

1014, Vera Residences

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1014 · DLD and Ejari recordsUpdated 21 December 2025
Last soldAED 735K7 February 2018
Current rentAED 7K /yr21 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1014, Vera Residences

What is 1014 worth today?

Last sold for AED 735,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Dec 2025RentedRenewal · flagged as an outlier
AED 7,000/yr12 months · AED 14 per sqft
21 Dec 2025RentedNew contract
AED 70,000/yr12 months · AED 144 per sqft
21 Dec 2024RentedNew contract
AED 70,000/yr12 months · AED 144 per sqft
27 Nov 2023RentedNew contract
AED 80,000/yr12 months · AED 165 per sqft
7 Feb 2018Sold by developerOff-plan
AED 735,000AED 1,534 per sqft

Source: Dubai Land Department. Updated 21 December 2025.

Key facts

Type
1-bed apartment
Size
479 sqft
Floor
10th of 28
Parking
B-075
Developer
DAMAC
Completed
2022
Service charge
AED 10,600 /yr
Last sold
AED 735K · February 2018

About 1014, Vera Residences

1014 is a one-bedroom apartment of 479 sqft on the 10th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 7 February 2018 for AED 735,000, or AED 1,534 per sqft, in line with the AED 1,563 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 21 December 2025, is AED 7,000 a year: a gross yield of 0.9% on the 2018 price, before the service charge of about AED 10,600 a year.

Sales and rents for 1014 over time

Sales
Unit 1014, each saleTypical one-bed in Vera Residences
500K750K1M2018202120242027Typical sale price by year: 2018 AED 753,000; 2019 AED 741,560; 2021 AED 590,000; 2022 AED 829,500; 2023 AED 900,000; 2024 AED 1,072,500; 2025 AED 1,100,000; 2026 AED 1,100,000Sold by developer, February 2018: AED 735,000 (AED 1,534 per sqft)

1014 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1014, each contractTypical one-bed in Vera Residences
70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000New contract, November 2023: AED 80,000 a yearNew contract, December 2024: AED 70,000 a yearNew contract, December 2025: AED 70,000 a year

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 1014 sits

All 293 1-beds →

1014 last sold in February 2018 at AED 1,534 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,563). 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. 1014's AED 7,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 2026940,000
16 Oct 20261,000,000
19 Aug 20261,254,000
18 Aug 20261,141,000
13 1-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 10th floor

All 522 units in Vera Residences
Value
10012-bedAED 1.46M · Jul 2024
10022-bedAED 1.23M · Feb 2018
10031-bedAED 877K · Aug 2022
10042-bedAED 1.42M · Feb 2022
10052-bedAED 1.29M · May 2022
10062-bedAED 1.29M · May 2022
10072-bedAED 1.19M · Feb 2018
1–7 of 20

1014, Vera Residences in numbers

  • Sold once: by DAMAC on 7 February 2018 for AED 735,000, or AED 1,534 per sqft.
  • Rented since November 2023 on 4 Ejari contracts, from AED 80,000 to AED 7,000 a year.
  • At AED 7,000 a year the gross yield on the 2018 price is 0.9%, before a service charge of about AED 10,600 a year (AED 22.04 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 21 December 2025.

Questions about 1014, Vera Residences

What did unit 1014 last sell for?

AED 735,000 on 7 February 2018, sold by the developer: AED 1,534 per sqft for 479 sqft. It is the only registered sale of the unit.

What is the rent for unit 1014?

AED 7,000 a year on the contract renewed on 21 December 2025. The previous contract, from December 2025, was AED 70,000; the unit has been rented since November 2023.

How big is unit 1014?

479 sqft (44.5 sqm): a one-bedroom apartment on the 10th floor of a 28-storey tower completed in 2022.

What is unit 1014 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 1014? 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.

How OpenOffers works

Mortgage on 1014, Vera Residences

Starts from the last sale price (AED 735K, 7 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 735,000
Deposit, UAE resident (20%)
AED 147,000
Deposit, non-resident (40%)
AED 294,000
Monthly over 25 years at 3.7%
AED 3,007

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