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1-bed · 478 sqftVera Residences, Business Bay · 14th floor · completed 2022

1415, Vera Residences

Sold prices and rental history: sold twice, last in February 2023, and rented once, from June 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1415 · DLD and Ejari recordsUpdated 16 June 2025
Last soldAED 850K20 February 2023
Current rentAED 77K /yr16 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1415, Vera Residences

What is 1415 worth today?

Last sold for AED 850,000 in 2023

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16 Jun 2025RentedNew contract
AED 77,000/yr12 months · AED 163 per sqft
20 Feb 2023SoldReady
AED 850,000AED 1,779 per sqft
5 Feb 2018Sold by developerOff-plan
AED 762,000AED 1,595 per sqft

Source: Dubai Land Department. Updated 16 June 2025.

Key facts

Type
1-bed apartment
Size
478 sqft
Floor
14th of 28
Parking
P3-112
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 850K · February 2023
Building
Vera Residences

About 1415, Vera Residences

1415 is a one-bedroom apartment of 478 sqft on the 14th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 20 February 2023 for AED 850,000, or AED 1,779 per sqft, in line with the AED 1,740 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 June 2025. The current contract, signed on 16 June 2025, is AED 77,000 a year: a gross yield of 9.1% on the 2023 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1415 over time

Sales
Unit 1415, 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 762,000 (AED 1,595 per sqft)Sold, February 2023: AED 850,000 (AED 1,779 per sqft)

1415 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1415, each contractTypical one-bed in Vera Residences
70K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000New contract, June 2025: AED 77,000 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 1415 sits

All 293 1-beds →

1415 last sold in February 2023 at AED 1,779 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,740). 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. 1415's AED 77,000 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

1415, Vera Residences in numbers

  • Sold twice: first on 5 February 2018 for AED 762,000, last on 20 February 2023 for AED 850,000 (AED 1,779 per sqft).
  • Rented since June 2025 on one Ejari contract, at AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2023 price is 9.1%, 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 16 June 2025.

Questions about 1415, Vera Residences

What did unit 1415 last sell for?

AED 850,000 on 20 February 2023: AED 1,779 per sqft for 478 sqft. The unit has 2 registered sales; the first was AED 762,000 in February 2018.

What is the rent for unit 1415?

AED 77,000 a year on the contract signed on 16 June 2025.

How big is unit 1415?

478 sqft (44.4 sqm): a one-bedroom apartment on the 14th floor of a 28-storey tower completed in 2022.

What is unit 1415 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 1415, Vera Residences

Starts from the last sale price (AED 850K, 20 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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