1120, Vera Residences
Sold prices and rental history: sold 4 times, last in November 2023, 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 1120, Vera Residences
What is 1120 worth today?
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Source: Dubai Land Department. Updated 10 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 474 sqft
- Floor
- 11th of 28
- Parking
- B-093
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 10,500 /yr
- Last sold
- AED 910K · November 2023
- Building
- Vera Residences
About 1120, Vera Residences
1120 is a one-bedroom apartment of 474 sqft on the 11th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 10 November 2023 for AED 910,000, or AED 1,917 per sqft, 6% above the AED 1,800 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1120 over time
1120 has sold 4 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 1120 sits
All 293 1-beds →1120 last sold in November 2023 at AED 1,917 per sqft, 6% above what one-beds in Vera Residences were fetching at the time (AED 1,800). 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 11th floor
All 522 units in Vera Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 2-bed | 900 sqft | AED 1.2MAED 1,200,562 · May 2018May 2018 | 115,500 /yr | |
| 1102 | 2-bed | 890 sqft | AED 1.53MAED 1,532,772 · Aug 2026August 2026 | 110,000 /yr | |
| 1103 | 1-bed | 513 sqft | AED 975KAED 975,000 · Oct 2023October 2023 | 52,000 /yr | |
| 1104 | 2-bed | 908 sqft | AED 1.31MAED 1,312,000 · Jun 2019June 2019 | 85,000 /yr | |
| 1105 | 2-bed | 905 sqft | AED 1.46MAED 1,462,291 · Nov 2024November 2024 | 118,000 /yr | |
| 1106 | 2-bed | 900 sqft | AED 1.4MAED 1,400,000 · Oct 2024October 2024 | 126,000 /yr | |
| 1107 | 2-bed | 902 sqft | AED 1.4MAED 1,400,000 · Nov 2024November 2024 | 116,000 /yr | |
| 1108 | 2-bed | 899 sqft | AED 1.2MAED 1,200,562 · Aug 2018August 2018 | 78,000 /yr | |
| 1109 | 2-bed | 908 sqft | AED 1.64MAED 1,637,000 · Jul 2023July 2023 | 102,000 /yr | |
| 1110 | 1-bed | 479 sqft | AED 863KAED 863,100 · Apr 2022April 2022 | 73,500 /yr | |
| 1111 | 1-bed | 477 sqft | AED 1.1MAED 1,100,000 · Sep 2025September 2025 | ||
| 1112 | 1-bed | 476 sqft | AED 627KAED 626,901 · Sep 2018September 2018 | 60,000 /yr | |
| 1113 | 1-bed | 485 sqft | AED 1.08MAED 1,075,000 · Aug 2025August 2025 | 50,000 /yr | |
| 1114 | 1-bed | 485 sqft | AED 640KAED 640,211 · Sep 2018September 2018 | 58,000 /yr | |
| 1115 | 1-bed | 478 sqft | AED 640KAED 640,211 · May 2018May 2018 | 60,000 /yr | |
| 1116 | 1-bed | 475 sqft | AED 632KAED 632,225 · Feb 2018February 2018 | 71,400 /yr | |
| 1117 | 1-bed | 475 sqft | AED 632KAED 632,225 · Sep 2018September 2018 | 65,000 /yr | |
| 1118 | 1-bed | 475 sqft | AED 1.1MAED 1,100,000 · Sep 2025September 2025 | 65,000 /yr | |
| 1119 | 1-bed | 475 sqft | AED 1.01MAED 1,010,000 · Aug 2025August 2025 | ||
| 1121 | 2-bed | 905 sqft | AED 1.21MAED 1,205,886 · May 2018May 2018 | 105,000 /yr |
1120, Vera Residences in numbers
- Sold 4 times: first on 6 May 2018 for AED 632,225, last on 10 November 2023 for AED 910,000 (AED 1,917 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 10 November 2023.
Questions about 1120, Vera Residences
What did unit 1120 last sell for?
AED 910,000 on 10 November 2023: AED 1,917 per sqft for 474 sqft. The unit has 4 registered sales; the first was AED 632,225 in May 2018.
How big is unit 1120?
474 sqft (44.0 sqm): a one-bedroom apartment on the 11th floor of a 28-storey tower completed in 2022.
What is unit 1120 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 1120, Vera Residences
Starts from the last sale price (AED 910K, 10 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 910,000
- Deposit, UAE resident (20%)
- AED 182,000
- Deposit, non-resident (40%)
- AED 364,000
- Monthly over 25 years at 3.7%
- AED 3,723
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →