1-bed · 475 sqftVera Residences, Business Bay · 11th floor · completed 2022

1119, Vera Residences

Sold prices and rental history: sold twice, last in August 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1119 · DLD and Ejari recordsUpdated 21 August 2025
Last soldAED 1.01M21 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1119, Vera Residences

What is 1119 worth today?

Last sold for AED 1,010,000 in 2025

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21 Aug 2025SoldReady
AED 1,010,000AED 2,127 per sqft
7 Jun 2018Sold by developerOff-plan
AED 804,000AED 1,693 per sqft

Source: Dubai Land Department. Updated 21 August 2025.

Key facts

Type
1-bed apartment
Size
475 sqft
Floor
11th of 28
Parking
B-092
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 1.01M · August 2025

About 1119, Vera Residences

1119 is a one-bedroom apartment of 475 sqft on the 11th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 21 August 2025 for AED 1,010,000, or AED 2,127 per sqft, 4% below the AED 2,215 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1119 over time

Sales
Unit 1119, 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, June 2018: AED 804,000 (AED 1,693 per sqft)Sold, August 2025: AED 1,010,000 (AED 2,127 per sqft)

1119 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1119, 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 67,000

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 1119 sits

All 293 1-beds →

1119 last sold in August 2025 at AED 2,127 per sqft, 4% below what one-beds in Vera Residences were fetching at the time (AED 2,215). 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 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

1119, Vera Residences in numbers

  • Sold twice: first on 7 June 2018 for AED 804,000, last on 21 August 2025 for AED 1,010,000 (AED 2,127 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 August 2025.

Questions about 1119, Vera Residences

What did unit 1119 last sell for?

AED 1,010,000 on 21 August 2025: AED 2,127 per sqft for 475 sqft. The unit has 2 registered sales; the first was AED 804,000 in June 2018.

How big is unit 1119?

475 sqft (44.1 sqm): a one-bedroom apartment on the 11th floor of a 28-storey tower completed in 2022.

What is unit 1119 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 1119, Vera Residences

Starts from the last sale price (AED 1.01M, 21 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,010,000
Deposit, UAE resident (20%)
AED 202,000
Deposit, non-resident (40%)
AED 404,000
Monthly over 25 years at 3.7%
AED 4,132

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