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1-bed · 513 sqftVera Residences, Business Bay · 15th floor · completed 2022

1503, Vera Residences

Sold prices and rental history: sold 3 times, last in August 2026, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 21 August 2026
Last soldAED 1.25M19 August 2026
Current rentAED 60K /yr21 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1503, Vera Residences

What is 1503 worth today?

Last sold for AED 1,254,000 in 2026

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21 Aug 2026RentedNew contract
AED 60,000/yr12 months · AED 117 per sqft
19 Aug 2026SoldReady
AED 1,254,000AED 2,445 per sqft
4 Apr 2023SoldReady
AED 920,000AED 1,794 per sqft
11 Feb 2023RentedNew contract
AED 95,000/yr12 months · AED 184 per sqft
11 Feb 2018Sold by developerOff-plan
AED 752,000AED 1,589 per sqft

Source: Dubai Land Department. Updated 21 August 2026.

Key facts

Type
1-bed apartment
Size
513 sqft
Floor
15th of 28
Parking
P3-094
Developer
DAMAC
Completed
2022
Service charge
AED 11,300 /yr
Last sold
AED 1.25M · August 2026
Building
Vera Residences

About 1503, Vera Residences

1503 is a one-bedroom apartment of 513 sqft on the 15th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 19 August 2026 for AED 1,254,000, or AED 2,445 per sqft, 8% above the AED 2,261 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 21 August 2026, is AED 60,000 a year: a gross yield of 4.8% on the 2026 price, before the service charge of about AED 11,300 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, 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, February 2018: AED 752,000 (AED 1,589 per sqft)Sold, April 2023: AED 920,000 (AED 1,794 per sqft)Sold, August 2026: AED 1,254,000 (AED 2,445 per sqft)

1503 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1503, 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, February 2023: AED 95,000 a yearNew contract, August 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 1503 sits

All 293 1-beds →

1503 last sold in August 2026 at AED 2,445 per sqft, 8% above what one-beds in Vera Residences were fetching at the time (AED 2,261). 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. 1503'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
18 Aug 20261,141,000
4 Aug 20261,015,000
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 15th floor

All 522 units in Vera Residences
Value
15012-bedAED 1.32M · Mar 2018
15022-bedAED 1.24M · Feb 2018
15042-bedAED 1.24M · Feb 2018
15052-bedAED 1.21M · Mar 2018
15062-bedAED 1.43M · Sep 2024
15072-bedAED 1.2M · Feb 2018
15082-bedAED 1.5M · Dec 2025
1–7 of 20

1503, Vera Residences in numbers

  • Sold 3 times: first on 11 February 2018 for AED 752,000, last on 19 August 2026 for AED 1,254,000 (AED 2,445 per sqft).
  • Rented since February 2023 on 2 Ejari contracts, from AED 95,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2026 price is 4.8%, 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 21 August 2026.

Questions about 1503, Vera Residences

What did unit 1503 last sell for?

AED 1,254,000 on 19 August 2026: AED 2,445 per sqft for 513 sqft. The unit has 3 registered sales; the first was AED 752,000 in February 2018.

What is the rent for unit 1503?

AED 60,000 a year on the contract signed on 21 August 2026. The previous contract, from February 2023, was AED 95,000.

How big is unit 1503?

513 sqft (47.7 sqm): a one-bedroom apartment on the 15th floor of a 28-storey tower completed in 2022.

What is unit 1503 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 1503, Vera Residences

Starts from the last sale price (AED 1.25M, 19 August 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,254,000
Deposit, UAE resident (20%)
AED 250,800
Deposit, non-resident (40%)
AED 501,600
Monthly over 25 years at 3.7%
AED 5,131

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