1220, Vera Residences
Sold prices and rental history: sold 5 times, last in October 2026, 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 1220, Vera Residences
What is 1220 worth today?
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Source: Dubai Land Department. Updated 16 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 474 sqft
- Floor
- 12th of 28
- Parking
- B-105
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1M · October 2026
- Building
- Vera Residences
About 1220, Vera Residences
1220 is a one-bedroom apartment of 474 sqft on the 12th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 16 October 2026 for AED 1,000,000, or AED 2,107 per sqft, 6% below the AED 2,252 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1220 over time
1220 has sold 5 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 1220 sits
All 293 1-beds →1220 last sold in October 2026 at AED 2,107 per sqft, 6% below what one-beds in Vera Residences were fetching at the time (AED 2,252). 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 | ||
| 19 Aug 202619 August 2026 | 513 sqft | 1,254,000 | 2,445 | ||
| 18 Aug 202618 August 2026 | 513 sqft | 1,141,000 | 2,225 | ||
| 4 Aug 20264 August 2026 | 485 sqft | 1,015,000 | 2,094 |
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 | |
| 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 | |
| 1219 | 1-bed | 475 sqft | AED 840KAED 840,000 · Apr 2023April 2023 | 65,000 /yr | |
| 1221 | 2-bed | 905 sqft | AED 1.5MAED 1,500,000 · Nov 2025November 2025 | 116,000 /yr |
1220, Vera Residences in numbers
- Sold 5 times: first on 7 February 2018 for AED 751,000, last on 16 October 2026 for AED 1,000,000 (AED 2,107 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 16 October 2026.
Questions about 1220, Vera Residences
What did unit 1220 last sell for?
AED 1,000,000 on 16 October 2026: AED 2,107 per sqft for 474 sqft. The unit has 5 registered sales; the first was AED 751,000 in February 2018.
How big is unit 1220?
474 sqft (44.0 sqm): a one-bedroom apartment on the 12th floor of a 28-storey tower completed in 2022.
What is unit 1220 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 1220, Vera Residences
Starts from the last sale price (AED 1M, 16 October 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →