1-bed · 478 sqftVera Residences, Business Bay · 12th floor · completed 2022

1215, Vera Residences

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1215 · DLD and Ejari recordsUpdated 30 May 2026

Last soldAED 800K9 January 2023

Current rentAED 67K /yr30 May 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1215, Vera Residences

Today

What is 1215 worth today?

Last sold for AED 800,000 in 2023

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30 May 2026

30 May 2026RentedNew contract

AED 67,000/yr12 months · AED 140 per sqft

29 May 2025

29 May 2025RentedNew contract

AED 82,000/yr12 months · AED 173 per sqft

29 May 2025

29 May 2025RentedNew contract

AED 82,000/yr12 months · AED 173 per sqft

1 Apr 2025

1 Apr 2025RentedNew contract

AED 82,000/yr12 months · AED 173 per sqft

1 Apr 2025

1 Apr 2025RentedNew contract

AED 82,000/yr12 months · AED 173 per sqft

9 Jan 2023

9 Jan 2023SoldReady

AED 800,000AED 1,674 per sqft

12 Feb 2018

12 Feb 2018Sold by developerOff-plan

AED 760,000AED 1,590 per sqft

Source: Dubai Land Department. Updated 30 May 2026.

Key facts

Type: 1-bed apartment
Size: 478 sqft
Floor: 12th of 28
Parking: B-100
Developer: DAMAC
Completed: 2022
Service charge: AED 10,500 /yr
Last sold: AED 800K · January 2023
Building: Vera Residences

About 1215, Vera Residences

1215 is a one-bedroom apartment of 478 sqft on the 12th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 9 January 2023 for AED 800,000, or AED 1,674 per sqft, in line with the AED 1,725 one-beds in the building were fetching at the time.

It has been rented continuously since 2025 on 5 Ejari contracts. The current contract, signed on 30 May 2026, is AED 67,000 a year: a gross yield of 8.4% on the 2023 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1215 over time

Sales

Unit 1215, each saleTypical one-bed in Vera Residences

1215 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1215, each contractTypical one-bed in Vera Residences

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 1215 sits

All 293 1-beds →

1-beds in Vera Residences · last 12 months2,225 /sqft Vera Residences · all types2,097 /sqft

1215 last sold in January 2023 at AED 1,674 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,725). 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. 1215's AED 67,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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 12th floor

All 522 units in Vera Residences


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
1205	2-bed	905 sqft	AED 1.49MAED 1,485,000 · Jul 2024July 2024
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
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

1–7 of 20

1215, Vera Residences in numbers

Sold twice: first on 12 February 2018 for AED 760,000, last on 9 January 2023 for AED 800,000 (AED 1,674 per sqft).
Rented since April 2025 on 5 Ejari contracts, from AED 82,000 to AED 67,000 a year.
At AED 67,000 a year the gross yield on the 2023 price is 8.4%, before a service charge of about AED 10,500 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 30 May 2026.

Questions about 1215, Vera Residences

What did unit 1215 last sell for?

AED 800,000 on 9 January 2023: AED 1,674 per sqft for 478 sqft. The unit has 2 registered sales; the first was AED 760,000 in February 2018.

What is the rent for unit 1215?

AED 67,000 a year on the contract signed on 30 May 2026. The previous contract, from May 2025, was AED 82,000; the unit has been rented since April 2025.

How big is unit 1215?

478 sqft (44.4 sqm): a one-bedroom apartment on the 12th floor of a 28-storey tower completed in 2022.

What is unit 1215 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 1215, Vera Residences

Starts from the last sale price (AED 800K, 9 January 2023). Switch to today's estimate once you have unlocked it.

Price: AED 800,000
Deposit, UAE resident (20%): AED 160,000
Deposit, non-resident (40%): AED 320,000
Monthly over 25 years at 3.7%: AED 3,273

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