1-bed · 479 sqftVera Residences, Business Bay · 13th floor · completed 2022

1314, Vera Residences

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1314 · DLD and Ejari recordsUpdated 22 June 2026
Last soldAED 737K12 February 2018
Current rentAED 60K /yr22 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1314, Vera Residences

What is 1314 worth today?

Last sold for AED 737,000 in 2018

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22 Jun 2026RentedNew contract
AED 60,000/yr13 months · AED 124 per sqft
25 Oct 2024RentedNew contract
AED 75,000/yr12 months · AED 155 per sqft
25 Sep 2023RentedRenewal
AED 65,100/yr12 months · AED 134 per sqft
25 Sep 2022RentedNew contract
AED 62,000/yr12 months · AED 128 per sqft
12 Feb 2018Sold by developerOff-plan
AED 737,000AED 1,538 per sqft

Source: Dubai Land Department. Updated 22 June 2026.

Key facts

Type
1-bed apartment
Size
479 sqft
Floor
13th of 28
Parking
P3-118
Developer
DAMAC
Completed
2022
Service charge
AED 10,600 /yr
Last sold
AED 737K · February 2018

About 1314, Vera Residences

1314 is a one-bedroom apartment of 479 sqft on the 13th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 12 February 2018 for AED 737,000, or AED 1,538 per sqft, in line with the AED 1,567 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 22 June 2026, is AED 60,000 a year: a gross yield of 8.1% on the 2018 price, before the service charge of about AED 10,600 a year.

Sales and rents for 1314 over time

Sales
Unit 1314, each saleTypical one-bed in Vera Residences
500K750K1M2018202120242027Typical sale price by year: 2018 AED 753,000; 2019 AED 741,560; 2021 AED 590,000; 2022 AED 829,500; 2023 AED 900,000; 2024 AED 1,072,500; 2025 AED 1,100,000; 2026 AED 1,100,000Sold by developer, February 2018: AED 737,000 (AED 1,538 per sqft)

1314 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1314, each contractTypical one-bed in Vera Residences
60K70K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000New contract, September 2022: AED 62,000 a yearRenewal, September 2023: AED 65,100 a yearNew contract, October 2024: AED 75,000 a yearNew contract, June 2026: AED 60,000 a year

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 1314 sits

All 293 1-beds →

1314 last sold in February 2018 at AED 1,538 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,567). 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. 1314's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 2026940,000
16 Oct 20261,000,000
19 Aug 20261,254,000
18 Aug 20261,141,000
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 13th floor

All 522 units in Vera Residences
Value
13012-bedAED 1.3M · Dec 2018
13022-bedAED 1.24M · Feb 2018
13031-bedAED 750K · Feb 2018
13042-bedAED 1.24M · Feb 2018
13052-bedAED 1.58M · Sep 2025
13062-bedAED 1.7M · Oct 2024
13072-bedAED 1.2M · Feb 2018
1–7 of 20

1314, Vera Residences in numbers

  • Sold once: by DAMAC on 12 February 2018 for AED 737,000, or AED 1,538 per sqft.
  • Rented since September 2022 on 4 Ejari contracts, from AED 62,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2018 price is 8.1%, before a service charge of about AED 10,600 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 22 June 2026.

Questions about 1314, Vera Residences

What did unit 1314 last sell for?

AED 737,000 on 12 February 2018, sold by the developer: AED 1,538 per sqft for 479 sqft. It is the only registered sale of the unit.

What is the rent for unit 1314?

AED 60,000 a year on the contract signed on 22 June 2026. The previous contract, from October 2024, was AED 75,000; the unit has been rented since September 2022.

How big is unit 1314?

479 sqft (44.5 sqm): a one-bedroom apartment on the 13th floor of a 28-storey tower completed in 2022.

What is unit 1314 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 1314, Vera Residences

Starts from the last sale price (AED 737K, 12 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 737,000
Deposit, UAE resident (20%)
AED 147,400
Deposit, non-resident (40%)
AED 294,800
Monthly over 25 years at 3.7%
AED 3,015

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