1-bed · 475 sqftVera Residences, Business Bay · 12th floor · completed 2022

1219, 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 April 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1219 · DLD and Ejari recordsUpdated 27 July 2026

Last soldAED 840K18 April 2023

Current rentAED 65K /yr27 July 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1219, Vera Residences

Today

What is 1219 worth today?

Last sold for AED 840,000 in 2023

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27 Jul 2026

27 Jul 2026RentedNew contract

AED 65,000/yr12 months · AED 137 per sqft

25 Sep 2025

25 Sep 2025RentedNew contract

AED 80,000/yr12 months · AED 168 per sqft

14 Sep 2024

14 Sep 2024RentedNew contract

AED 90,000/yr12 months · AED 190 per sqft

18 Apr 2023

18 Apr 2023SoldReady

AED 840,000AED 1,769 per sqft

7 Feb 2018

7 Feb 2018Sold by developerOff-plan

AED 751,000AED 1,581 per sqft

Source: Dubai Land Department. Updated 27 July 2026.

Key facts

Type: 1-bed apartment
Size: 475 sqft
Floor: 12th of 28
Parking: B-104
Developer: DAMAC
Completed: 2022
Service charge: AED 10,500 /yr
Last sold: AED 840K · April 2023
Building: Vera Residences

About 1219, Vera Residences

1219 is a one-bedroom apartment of 475 sqft on the 12th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 18 April 2023 for AED 840,000, or AED 1,769 per sqft, 3% above the AED 1,710 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 27 July 2026, is AED 65,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1219 over time

Sales

Unit 1219, each saleTypical one-bed in Vera Residences

1219 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1219, 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 1219 sits

All 293 1-beds →

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

1219 last sold in April 2023 at AED 1,769 per sqft, 3% above what one-beds in Vera Residences were fetching at the time (AED 1,710). 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. 1219's AED 65,000 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
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
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

1219, Vera Residences in numbers

Sold twice: first on 7 February 2018 for AED 751,000, last on 18 April 2023 for AED 840,000 (AED 1,769 per sqft).
Rented since September 2024 on 3 Ejari contracts, from AED 90,000 to AED 65,000 a year.
At AED 65,000 a year the gross yield on the 2023 price is 7.7%, 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 27 July 2026.

Questions about 1219, Vera Residences

What did unit 1219 last sell for?

AED 840,000 on 18 April 2023: AED 1,769 per sqft for 475 sqft. The unit has 2 registered sales; the first was AED 751,000 in February 2018.

What is the rent for unit 1219?

AED 65,000 a year on the contract signed on 27 July 2026. The previous contract, from September 2025, was AED 80,000; the unit has been rented since September 2024.

How big is unit 1219?

475 sqft (44.1 sqm): a one-bedroom apartment on the 12th floor of a 28-storey tower completed in 2022.

What is unit 1219 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 1219, Vera Residences

Starts from the last sale price (AED 840K, 18 April 2023). Switch to today's estimate once you have unlocked it.

Price: AED 840,000
Deposit, UAE resident (20%): AED 168,000
Deposit, non-resident (40%): AED 336,000
Monthly over 25 years at 3.7%: AED 3,437

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