1-bed · 479 sqftVera Residences, Business Bay · 14th floor · completed 2022

1414, 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 1414 · DLD and Ejari recordsUpdated 25 May 2026
Last soldAED 738K5 February 2018
Current rentAED 60K /yr25 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1414, Vera Residences

What is 1414 worth today?

Last sold for AED 738,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 May 2026RentedNew contract
AED 60,000/yr12 months · AED 124 per sqft
14 Nov 2025RentedNew contract
AED 96,000/yr12 months · AED 198 per sqft
15 Nov 2024RentedNew contract
AED 96,000/yr12 months · AED 198 per sqft
25 Apr 2024RentedNew contract
AED 90,000/yr12 months · AED 186 per sqft
28 Jun 2023RentedNew contract
AED 84,000/yr6 months · AED 173 per sqft
30 Oct 2022RentedNew contract
AED 100,879/yr6 months · AED 208 per sqft
5 Feb 2018Sold by developerOff-plan
AED 738,000AED 1,540 per sqft

Source: Dubai Land Department. Updated 25 May 2026.

Key facts

Type
1-bed apartment
Size
479 sqft
Floor
14th of 28
Parking
P3-111
Developer
DAMAC
Completed
2022
Service charge
AED 10,600 /yr
Last sold
AED 738K · February 2018

About 1414, Vera Residences

1414 is a one-bedroom apartment of 479 sqft on the 14th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 5 February 2018 for AED 738,000, or AED 1,540 per sqft, in line with the AED 1,548 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 25 May 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 1414 over time

Sales
Unit 1414, 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 738,000 (AED 1,540 per sqft)

1414 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1414, each contractTypical one-bed in Vera Residences
60K80K100K202220242026Typical 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 2022: AED 100,879 a yearNew contract, June 2023: AED 84,000 a yearNew contract, April 2024: AED 90,000 a yearNew contract, November 2024: AED 96,000 a yearNew contract, November 2025: AED 96,000 a yearNew contract, May 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 1414 sits

All 293 1-beds →

1414 last sold in February 2018 at AED 1,540 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,548). 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. 1414'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 14th floor

All 522 units in Vera Residences
Value
14012-bedAED 1.31M · Jul 2018
14022-bedAED 1.24M · Feb 2018
14031-bedAED 1.3M · Jan 2024
14042-bedAED 1.02M · Aug 2022
14052-bedAED 1.21M · Feb 2018
14062-bedAED 1.2M · Apr 2018
14072-bedAED 1.55M · Sep 2026
1–7 of 20

1414, Vera Residences in numbers

  • Sold once: by DAMAC on 5 February 2018 for AED 738,000, or AED 1,540 per sqft.
  • Rented since October 2022 on 6 Ejari contracts, from AED 100,879 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 25 May 2026.

Questions about 1414, Vera Residences

What did unit 1414 last sell for?

AED 738,000 on 5 February 2018, sold by the developer: AED 1,540 per sqft for 479 sqft. It is the only registered sale of the unit.

What is the rent for unit 1414?

AED 60,000 a year on the contract signed on 25 May 2026. The previous contract, from November 2025, was AED 96,000; the unit has been rented since October 2022.

How big is unit 1414?

479 sqft (44.5 sqm): a one-bedroom apartment on the 14th floor of a 28-storey tower completed in 2022.

What is unit 1414 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.

Selling 1414? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1414, Vera Residences

Starts from the last sale price (AED 738K, 5 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 738,000
Deposit, UAE resident (20%)
AED 147,600
Deposit, non-resident (40%)
AED 295,200
Monthly over 25 years at 3.7%
AED 3,019

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