1-bed · 513 sqftVera Residences, Business Bay · 14th floor · completed 2022

1403, Vera Residences

Sold prices and rental history: sold twice, last in January 2024, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 18 October 2026
Last soldAED 1.3M22 January 2024
Current rentAED 75K /yr18 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Vera Residences

What is 1403 worth today?

Last sold for AED 1,300,000 in 2024

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18 Oct 2026RentedNew contract
AED 75,000/yr12 months · AED 145 per sqft
22 Jan 2024SoldReady
AED 1,300,000AED 2,535 per sqft
6 May 2018Sold by developerOff-plan
AED 751,000AED 1,587 per sqft

Source: Dubai Land Department. Updated 18 October 2026.

Key facts

Type
1-bed apartment
Size
513 sqft
Floor
14th of 28
Parking
P3-106
Developer
DAMAC
Completed
2022
Service charge
AED 11,300 /yr
Last sold
AED 1.3M · January 2024

About 1403, Vera Residences

1403 is a one-bedroom apartment of 513 sqft on the 14th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 22 January 2024 for AED 1,300,000, or AED 2,535 per sqft, 33% above the AED 1,909 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 October 2026. The current contract, signed on 18 October 2026, is AED 75,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 11,300 a year.

Sales and rents for 1403 over time

Sales
Unit 1403, each saleTypical one-bed in Vera Residences
500K1M2018202120242027Typical 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, May 2018: AED 751,000 (AED 1,587 per sqft)Sold, January 2024: AED 1,300,000 (AED 2,535 per sqft)

1403 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1403, each contractTypical one-bed in Vera Residences
65K70K75K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000New contract, October 2026: AED 75,000 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 1403 sits

All 293 1-beds →

1403 last sold in January 2024 at AED 2,535 per sqft, 33% above what one-beds in Vera Residences were fetching at the time (AED 1,909). 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. 1403's AED 75,000 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 14th floor

All 522 units in Vera Residences
Value
14012-bedAED 1.31M · Jul 2018
14022-bedAED 1.24M · Feb 2018
14042-bedAED 1.02M · Aug 2022
14052-bedAED 1.21M · Feb 2018
14062-bedAED 1.2M · Apr 2018
14072-bedAED 1.55M · Sep 2026
14082-bedAED 1.48M · Oct 2025
1–7 of 20

1403, Vera Residences in numbers

  • Sold twice: first on 6 May 2018 for AED 751,000, last on 22 January 2024 for AED 1,300,000 (AED 2,535 per sqft).
  • Rented since October 2026 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 5.8%, before a service charge of about AED 11,300 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 18 October 2026.

Questions about 1403, Vera Residences

What did unit 1403 last sell for?

AED 1,300,000 on 22 January 2024: AED 2,535 per sqft for 513 sqft. The unit has 2 registered sales; the first was AED 751,000 in May 2018.

What is the rent for unit 1403?

AED 75,000 a year on the contract signed on 18 October 2026.

How big is unit 1403?

513 sqft (47.7 sqm): a one-bedroom apartment on the 14th floor of a 28-storey tower completed in 2022.

What is unit 1403 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 1403, Vera Residences

Starts from the last sale price (AED 1.3M, 22 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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