1205, Vera Residences
Sold prices and rental history: sold 3 times, last in July 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 1205, Vera Residences
What is 1205 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 8 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 905 sqft
- Floor
- 12th of 28
- Parking
- P1-091
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 20,000 /yr
- Last sold
- AED 1.49M · July 2024
- Building
- Vera Residences
About 1205, Vera Residences
1205 is a two-bedroom apartment of 905 sqft on the 12th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 8 July 2024 for AED 1,485,000, or AED 1,640 per sqft, 3% below the AED 1,696 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1205 over time
1205 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Vera Residences, and where 1205 sits
All 225 2-beds →1205 last sold in July 2024 at AED 1,640 per sqft, 3% below what two-beds in Vera Residences were fetching at the time (AED 1,696). Over the last 12 months two-beds sold for AED 500,000 to 2,118,000, around AED 1,707 per sqft, and rent for AED 45,000 to 140,700 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 897 sqft | 1,350,000 | 1,505 | ||
| 14 Sep 202614 September 2026 | 902 sqft | 1,546,373 | 1,714 | ||
| 26 Aug 202626 August 2026 | 890 sqft | 1,532,772 | 1,721 | ||
| 16 Jul 202616 July 2026 | 890 sqft | 1,513,848 | 1,700 |
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 12th floor
All 522 units in Vera Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 900 sqft | AED 1.94MAED 1,938,060 · Apr 2024April 2024 | ||
| 1202 | 2-bed | 890 sqft | AED 1.24MAED 1,236,000 · Feb 2018February 2018 | 110,000 /yr | |
| 1203 | 1-bed | 513 sqft | AED 990KAED 990,000 · Feb 2024February 2024 | 92,000 /yr | |
| 1204 | 2-bed | 908 sqft | AED 1.24MAED 1,239,000 · Feb 2018February 2018 | 113,300 /yr | |
| 1206 | 2-bed | 900 sqft | AED 1.2MAED 1,196,000 · Feb 2018February 2018 | ||
| 1207 | 2-bed | 902 sqft | AED 1.2MAED 1,196,000 · Feb 2018February 2018 | 112,000 /yr | |
| 1208 | 2-bed | 899 sqft | AED 865KAED 865,000 · Jun 2021June 2021 | 120,000 /yr | |
| 1209 | 2-bed | 908 sqft | AED 1.75MAED 1,750,000 · Sep 2025September 2025 | ||
| 1210 | 1-bed | 479 sqft | AED 730KAED 730,000 · Feb 2018February 2018 | 91,000 /yr | |
| 1211 | 1-bed | 477 sqft | AED 1.05MAED 1,050,000 · Apr 2024April 2024 | 64,000 /yr | |
| 1212 | 1-bed | 476 sqft | AED 721KAED 721,000 · Mar 2018March 2018 | 75,000 /yr | |
| 1213 | 1-bed | 475 sqft | AED 726KAED 726,000 · Feb 2018February 2018 | 70,000 /yr | |
| 1214 | 1-bed | 479 sqft | AED 736KAED 736,000 · Feb 2018February 2018 | 72,000 /yr | |
| 1215 | 1-bed | 478 sqft | AED 800KAED 800,000 · Jan 2023January 2023 | 67,000 /yr | |
| 1216 | 1-bed | 475 sqft | AED 870KAED 870,000 · Jul 2023July 2023 | 62,000 /yr | |
| 1217 | 1-bed | 475 sqft | AED 751KAED 751,000 · Feb 2018February 2018 | 70,000 /yr | |
| 1218 | 1-bed | 475 sqft | AED 751KAED 751,000 · Feb 2018February 2018 | 65,000 /yr | |
| 1219 | 1-bed | 475 sqft | AED 840KAED 840,000 · Apr 2023April 2023 | 65,000 /yr | |
| 1220 | 1-bed | 474 sqft | AED 1MAED 1,000,000 · Oct 2026October 2026 | ||
| 1221 | 2-bed | 905 sqft | AED 1.5MAED 1,500,000 · Nov 2025November 2025 | 116,000 /yr |
1205, Vera Residences in numbers
- Sold 3 times: first on 11 September 2018 for AED 1,286,000, last on 8 July 2024 for AED 1,485,000 (AED 1,640 per sqft).
- Two-beds in Vera Residences sold for AED 500,000–2,118,000 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 8 July 2024.
Questions about 1205, Vera Residences
What did unit 1205 last sell for?
AED 1,485,000 on 8 July 2024: AED 1,640 per sqft for 905 sqft. The unit has 3 registered sales; the first was AED 1,286,000 in September 2018.
How big is unit 1205?
905 sqft (84.1 sqm): a two-bedroom apartment on the 12th floor of a 28-storey tower completed in 2022.
What is unit 1205 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Vera Residences sold for AED 500,000 to 2,118,000 in the last 12 months, around AED 1,707 per sqft.
Selling 1205? 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 1205, Vera Residences
Starts from the last sale price (AED 1.49M, 8 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,485,000
- Deposit, UAE resident (20%)
- AED 297,000
- Deposit, non-resident (40%)
- AED 594,000
- Monthly over 25 years at 3.7%
- AED 6,076
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →