1-bed · 237 sqftVera Residences, Business Bay · 13th floor · completed 2022

1320, 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 May 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1320 · DLD and Ejari recordsUpdated 15 June 2025

Last soldAED 600K9 May 2022

Current rentAED 76K /yr15 June 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1320, Vera Residences

Today

What is 1320 worth today?

Last sold for AED 600,000 in 2022

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15 Jun 2025

15 Jun 2025RentedRenewal

AED 76,000/yr12 months · AED 160 per sqft

15 Jun 2025

15 Jun 2025RentedRenewal

AED 76,000/yr12 months · AED 160 per sqft

15 Jun 2024

15 Jun 2024RentedNew contract

AED 76,000/yr12 months · AED 160 per sqft

10 Jun 2023

10 Jun 2023RentedNew contract

AED 76,000/yr12 months · AED 160 per sqft

9 May 2022

9 May 2022SoldOff-plan

AED 600,000AED 1,264 per sqft

5 Feb 2018

5 Feb 2018Sold by developerOff-plan

AED 752,000AED 1,584 per sqft

Source: Dubai Land Department. Updated 15 June 2025.

Key facts

Type: 1-bed apartment
Size: 237 sqft
Floor: 13th of 28
Parking: P3-124
Developer: DAMAC
Completed: 2022
Service charge: AED 5,200 /yr
Last sold: AED 600K · May 2022
Building: Vera Residences

About 1320, Vera Residences

1320 is a one-bedroom apartment of 237 sqft on the 13th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 9 May 2022 for AED 600,000, or AED 1,264 per sqft, 32% below the AED 1,854 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 15 June 2025, is AED 76,000 a year: a gross yield of 12.7% on the 2022 price, before the service charge of about AED 5,200 a year.

Sales and rents for 1320 over time

Sales

Unit 1320, each saleTypical one-bed in Vera Residences

1320 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1320, 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 1320 sits

All 293 1-beds →

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

1320 last sold in May 2022 at AED 1,264 per sqft, 32% below what one-beds in Vera Residences were fetching at the time (AED 1,854). 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. 1320's AED 76,000 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
1317	1-bed	475 sqft	AED 879KAED 878,850 · May 2022May 2022	81,000 /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
1321	2-bed	905 sqft	AED 1.24MAED 1,238,000 · Feb 2018February 2018	105,000 /yr

1–7 of 20

1320, Vera Residences in numbers

Sold twice: first on 5 February 2018 for AED 752,000, last on 9 May 2022 for AED 600,000 (AED 1,264 per sqft).
Rented since June 2023 on 4 Ejari contracts, at AED 76,000 a year.
At AED 76,000 a year the gross yield on the 2022 price is 12.7%, before a service charge of about AED 5,200 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 15 June 2025.

Questions about 1320, Vera Residences

What did unit 1320 last sell for?

AED 600,000 on 9 May 2022: AED 1,264 per sqft for 237 sqft. The unit has 2 registered sales; the first was AED 752,000 in February 2018.

What is the rent for unit 1320?

AED 76,000 a year on the contract renewed on 15 June 2025. The previous contract, from June 2025, was AED 76,000; the unit has been rented since June 2023.

How big is unit 1320?

237 sqft (22.0 sqm): a one-bedroom apartment on the 13th floor of a 28-storey tower completed in 2022.

What is unit 1320 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 1320, Vera Residences

Starts from the last sale price (AED 600K, 9 May 2022). Switch to today's estimate once you have unlocked it.

Price: AED 600,000
Deposit, UAE resident (20%): AED 120,000
Deposit, non-resident (40%): AED 240,000
Monthly over 25 years at 3.7%: AED 2,455

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