1-bed · 475 sqftVera Residences, Business Bay · 13th floor · completed 2022

1317, 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 once, by the developer in May 2022, and rented once, from August 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1317 · DLD and Ejari recordsUpdated 26 August 2022

Last soldAED 879K16 May 2022

Current rentAED 81K /yr26 August 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1317, Vera Residences

Today

What is 1317 worth today?

Last sold for AED 878,850 in 2022

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26 Aug 2022

26 Aug 2022RentedNew contract

AED 81,000/yr12 months · AED 171 per sqft

16 May 2022

16 May 2022Sold by developerOff-plan

AED 878,850AED 1,850 per sqft

Source: Dubai Land Department. Updated 26 August 2022.

Key facts

Type: 1-bed apartment
Size: 475 sqft
Floor: 13th of 28
Parking: P3-121
Developer: DAMAC
Completed: 2022
Service charge: AED 10,500 /yr
Last sold: AED 879K · May 2022
Building: Vera Residences

About 1317, Vera Residences

1317 is a one-bedroom apartment of 475 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 16 May 2022 for AED 878,850, or AED 1,850 per sqft, in line with the AED 1,850 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 August 2022. The current contract, signed on 26 August 2022, is AED 81,000 a year: a gross yield of 9.2% on the 2022 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1317 over time

Sales

Unit 1317, each saleTypical one-bed in Vera Residences

1317 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1317, 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 1317 sits

All 293 1-beds →

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

1317 last sold in May 2022 at AED 1,850 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,850). 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. 1317's AED 81,000 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 13th floor

All 522 units in Vera Residences


1301	2-bed	900 sqft	AED 1.3MAED 1,304,000 · Dec 2018December 2018	90,000 /yr
1302	2-bed	890 sqft	AED 1.24MAED 1,237,000 · Feb 2018February 2018	125,000 /yr
1303	1-bed	473 sqft	AED 750KAED 750,000 · Feb 2018February 2018
1304	2-bed	908 sqft	AED 1.24MAED 1,239,000 · Feb 2018February 2018	96,000 /yr
1305	2-bed	905 sqft	AED 1.58MAED 1,580,000 · Sep 2025September 2025	130,000 /yr
1306	2-bed	900 sqft	AED 1.7MAED 1,700,000 · Oct 2024October 2024	110,000 /yr
1307	2-bed	902 sqft	AED 1.2MAED 1,197,000 · Feb 2018February 2018	75,000 /yr
1308	2-bed	899 sqft	AED 1.2MAED 1,197,000 · Feb 2018February 2018	85,000 /yr
1309	2-bed	908 sqft	AED 1.21MAED 1,205,000 · Mar 2018March 2018
1310	1-bed	479 sqft	AED 920KAED 920,000 · Feb 2024February 2024	65,000 /yr
1311	1-bed	477 sqft	AED 724KAED 724,000 · Feb 2018February 2018	60,000 /yr
1312	1-bed	476 sqft	AED 722KAED 722,000 · Feb 2018February 2018	60,000 /yr
1313	1-bed	475 sqft	AED 727KAED 727,000 · Feb 2018February 2018	70,000 /yr
1314	1-bed	479 sqft	AED 737KAED 737,000 · Feb 2018February 2018	60,000 /yr
1315	1-bed	478 sqft	AED 761KAED 761,000 · Mar 2018March 2018	60,000 /yr
1316	1-bed	475 sqft	AED 1.01MAED 1,010,000 · Mar 2025March 2025	78,000 /yr
1318	1-bed	475 sqft	AED 752KAED 752,000 · Feb 2018February 2018	87,500 /yr
1319	1-bed	475 sqft	AED 752KAED 752,000 · Feb 2018February 2018	63,800 /yr
1320	1-bed	237 sqft	AED 600KAED 600,000 · May 2022May 2022	76,000 /yr
1321	2-bed	905 sqft	AED 1.24MAED 1,238,000 · Feb 2018February 2018	105,000 /yr

1–7 of 20

1317, Vera Residences in numbers

Sold once: by DAMAC on 16 May 2022 for AED 878,850, or AED 1,850 per sqft.
Rented since August 2022 on one Ejari contract, at AED 81,000 a year.
At AED 81,000 a year the gross yield on the 2022 price is 9.2%, 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 26 August 2022.

Questions about 1317, Vera Residences

What did unit 1317 last sell for?

AED 878,850 on 16 May 2022, sold by the developer: AED 1,850 per sqft for 475 sqft. It is the only registered sale of the unit.

What is the rent for unit 1317?

AED 81,000 a year on the contract signed on 26 August 2022.

How big is unit 1317?

475 sqft (44.1 sqm): a one-bedroom apartment on the 13th floor of a 28-storey tower completed in 2022.

What is unit 1317 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 1317, Vera Residences

Starts from the last sale price (AED 879K, 16 May 2022). Switch to today's estimate once you have unlocked it.

Price: AED 878,850
Deposit, UAE resident (20%): AED 175,770
Deposit, non-resident (40%): AED 351,540
Monthly over 25 years at 3.7%: AED 3,596

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