1-bed · 479 sqftVera Residences, Business Bay · 11th floor · completed 2022

1110, Vera Residences

Sold prices and rental history: sold once, by the developer in April 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1110 · DLD and Ejari recordsUpdated 15 June 2026
Last soldAED 863K28 April 2022
Current rentAED 74K /yr15 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1110, Vera Residences

What is 1110 worth today?

Last sold for AED 863,100 in 2022

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15 Jun 2026RentedRenewal
AED 73,500/yr12 months · AED 154 per sqft
15 Jun 2025RentedNew contract
AED 70,000/yr36 months · AED 146 per sqft
15 Jun 2025RentedNew contract
AED 70,000/yr36 months · AED 146 per sqft
28 Oct 2024RentedNew contract
AED 75,000/yr12 months · AED 158 per sqft
28 Oct 2023RentedNew contract
AED 68,250/yr12 months · AED 144 per sqft
28 Oct 2022RentedNew contract
AED 65,000/yr12 months · AED 136 per sqft
28 Apr 2022Sold by developerOff-plan
AED 863,100AED 1,803 per sqft

Source: Dubai Land Department. Updated 15 June 2026.

Key facts

Type
1-bed apartment
Size
479 sqft
Floor
11th of 28
Parking
B-083
Developer
DAMAC
Completed
2022
Service charge
AED 10,600 /yr
Last sold
AED 863K · April 2022

About 1110, Vera Residences

1110 is a one-bedroom apartment of 479 sqft on the 11th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 28 April 2022 for AED 863,100, or AED 1,803 per sqft, 6% below the AED 1,926 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 15 June 2026, is AED 73,500 a year: a gross yield of 8.5% on the 2022 price, before the service charge of about AED 10,600 a year.

Sales and rents for 1110 over time

Sales
Unit 1110, 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, April 2022: AED 863,100 (AED 1,803 per sqft)

1110 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1110, each contractTypical one-bed in Vera Residences
65K70K75K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000New contract, October 2022: AED 65,000 a yearNew contract, October 2023: AED 68,250 a yearNew contract, October 2024: AED 75,000 a yearNew contract, June 2025: AED 70,000 a yearNew contract, June 2025: AED 70,000 a yearRenewal, June 2026: AED 73,500 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 1110 sits

All 293 1-beds →

1110 last sold in April 2022 at AED 1,803 per sqft, 6% below what one-beds in Vera Residences were fetching at the time (AED 1,926). 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. 1110's AED 73,500 is in the lower half 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 11th floor

All 522 units in Vera Residences
Value
11012-bedAED 1.2M · May 2018
11022-bedAED 1.53M · Aug 2026
11031-bedAED 975K · Oct 2023
11042-bedAED 1.31M · Jun 2019
11052-bedAED 1.46M · Nov 2024
11062-bedAED 1.4M · Oct 2024
11072-bedAED 1.4M · Nov 2024
1–7 of 20

1110, Vera Residences in numbers

  • Sold once: by DAMAC on 28 April 2022 for AED 863,100, or AED 1,803 per sqft.
  • Rented since October 2022 on 6 Ejari contracts, from AED 65,000 to AED 73,500 a year.
  • At AED 73,500 a year the gross yield on the 2022 price is 8.5%, 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 15 June 2026.

Questions about 1110, Vera Residences

What did unit 1110 last sell for?

AED 863,100 on 28 April 2022, sold by the developer: AED 1,803 per sqft for 479 sqft. It is the only registered sale of the unit.

What is the rent for unit 1110?

AED 73,500 a year on the contract renewed on 15 June 2026. The previous contract, from June 2025, was AED 70,000; the unit has been rented since October 2022.

How big is unit 1110?

479 sqft (44.5 sqm): a one-bedroom apartment on the 11th floor of a 28-storey tower completed in 2022.

What is unit 1110 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.

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Mortgage on 1110, Vera Residences

Starts from the last sale price (AED 863K, 28 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 863,100
Deposit, UAE resident (20%)
AED 172,620
Deposit, non-resident (40%)
AED 345,240
Monthly over 25 years at 3.7%
AED 3,531

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