1-bed · 479 sqftVera Residences, Business Bay · 15th floor · completed 2022

1510, Vera Residences

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

Unit 1510 · DLD and Ejari recordsUpdated 4 October 2025
Last soldAED 980K4 June 2024
Current rentAED 75K /yr4 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1510, Vera Residences

What is 1510 worth today?

Last sold for AED 980,000 in 2024

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4 Oct 2025RentedNew contract
AED 75,000/yr12 months · AED 157 per sqft
10 Sep 2024RentedNew contract
AED 80,000/yr12 months · AED 167 per sqft
4 Jun 2024SoldReady
AED 980,000AED 2,047 per sqft
8 Feb 2018Sold by developerOff-plan
AED 733,000AED 1,531 per sqft

Source: Dubai Land Department. Updated 4 October 2025.

Key facts

Type
1-bed apartment
Size
479 sqft
Floor
15th of 28
Parking
P3-095
Developer
DAMAC
Completed
2022
Service charge
AED 10,600 /yr
Last sold
AED 980K · June 2024

About 1510, Vera Residences

1510 is a one-bedroom apartment of 479 sqft on the 15th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 4 June 2024 for AED 980,000, or AED 2,047 per sqft, in line with the AED 2,047 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 4 October 2025, is AED 75,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 10,600 a year.

Sales and rents for 1510 over time

Sales
Unit 1510, 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 733,000 (AED 1,531 per sqft)Sold, June 2024: AED 980,000 (AED 2,047 per sqft)

1510 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1510, each contractTypical one-bed in Vera Residences
70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000New contract, September 2024: AED 80,000 a yearNew contract, October 2025: 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 1510 sits

All 293 1-beds →

1510 last sold in June 2024 at AED 2,047 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 2,047). 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. 1510'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 15th floor

All 522 units in Vera Residences
Value
15012-bedAED 1.32M · Mar 2018
15022-bedAED 1.24M · Feb 2018
15031-bedAED 1.25M · Aug 2026
15042-bedAED 1.24M · Feb 2018
15052-bedAED 1.21M · Mar 2018
15062-bedAED 1.43M · Sep 2024
15072-bedAED 1.2M · Feb 2018
1–7 of 20

1510, Vera Residences in numbers

  • Sold twice: first on 8 February 2018 for AED 733,000, last on 4 June 2024 for AED 980,000 (AED 2,047 per sqft).
  • Rented since September 2024 on 2 Ejari contracts, from AED 80,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 7.6%, 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 4 October 2025.

Questions about 1510, Vera Residences

What did unit 1510 last sell for?

AED 980,000 on 4 June 2024: AED 2,047 per sqft for 479 sqft. The unit has 2 registered sales; the first was AED 733,000 in February 2018.

What is the rent for unit 1510?

AED 75,000 a year on the contract signed on 4 October 2025. The previous contract, from September 2024, was AED 80,000.

How big is unit 1510?

479 sqft (44.5 sqm): a one-bedroom apartment on the 15th floor of a 28-storey tower completed in 2022.

What is unit 1510 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 1510, Vera Residences

Starts from the last sale price (AED 980K, 4 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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