1-bed · 478 sqftVera Residences, Business Bay · 16th floor · completed 2022

1615, Vera Residences

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

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

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Unit 1615 · DLD and Ejari recordsUpdated 29 July 2026

Last soldAED 1.12M29 July 2026

Current rentAED 80K /yr14 July 2025

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Today's valuefree after one verification

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Property timeline for 1615, Vera Residences

Today

What is 1615 worth today?

Last sold for AED 1,120,000 in 2026

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29 Jul 2026

29 Jul 2026SoldReady

AED 1,120,000AED 2,344 per sqft

14 Jul 2025

14 Jul 2025RentedNew contract

AED 80,000/yr12 months · AED 169 per sqft

14 Jul 2025

14 Jul 2025RentedNew contract

AED 80,000/yr12 months · AED 169 per sqft

9 Apr 2024

9 Apr 2024RentedRenewal

AED 86,000/yr12 months · AED 182 per sqft

8 Apr 2023

8 Apr 2023RentedNew contract

AED 85,762/yr12 months · AED 181 per sqft

12 Dec 2022

12 Dec 2022SoldReady

AED 740,000AED 1,549 per sqft

1 May 2018

1 May 2018Sold by developerOff-plan

AED 827,000AED 1,731 per sqft

Source: Dubai Land Department. Updated 29 July 2026.

Key facts

Type: 1-bed apartment
Size: 478 sqft
Floor: 16th of 28
Parking: P3-088
Developer: DAMAC
Completed: 2022
Service charge: AED 10,500 /yr
Last sold: AED 1.12M · July 2026
Building: Vera Residences

About 1615, Vera Residences

1615 is a one-bedroom apartment of 478 sqft on the 16th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 29 July 2026 for AED 1,120,000, or AED 2,344 per sqft, in line with the AED 2,277 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 14 July 2025, is AED 80,000 a year: a gross yield of 7.1% on the 2026 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1615 over time

Sales

Unit 1615, each saleTypical one-bed in Vera Residences

1615 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1615, each contractTypical one-bed in Vera Residences

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 1615 sits

All 293 1-beds →

1-beds in Vera Residences · last 12 months2,225 /sqft Vera Residences · all types2,097 /sqft

1615 last sold in July 2026 at AED 2,344 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 2,277). 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. 1615's AED 80,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
19 Oct 202619 October 2026	475 sqft	940,000	1,979
16 Oct 202616 October 2026	474 sqft	1,000,000	2,107
19 Aug 202619 August 2026	513 sqft	1,254,000	2,445
18 Aug 202618 August 2026	513 sqft	1,141,000	2,225

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 16th floor

All 522 units in Vera Residences


1601	2-bed	900 sqft	AED 1.31MAED 1,309,000 · Feb 2019February 2019	130,000 /yr
1602	2-bed	890 sqft	AED 1.03MAED 1,030,000 · May 2022May 2022	117,500 /yr
1603	1-bed	513 sqft	AED 1.1MAED 1,100,000 · Nov 2024November 2024	70,000 /yr
1604	2-bed	908 sqft	AED 1.3MAED 1,300,000 · Dec 2022December 2022	90,000 /yr
1605	2-bed	905 sqft	AED 1.65MAED 1,654,000 · Sep 2022September 2022	88,000 /yr
1606	2-bed	900 sqft	AED 1.27MAED 1,266,210 · Jul 2018July 2018	90,000 /yr
1607	2-bed	902 sqft	AED 1.61MAED 1,614,060 · Aug 2022August 2022	75,000 /yr
1608	2-bed	899 sqft	AED 1.5MAED 1,500,000 · Apr 2024April 2024	95,000 /yr
1609	2-bed	908 sqft	AED 1.29MAED 1,293,000 · Jun 2018June 2018
1610	1-bed	239 sqft	AED 803KAED 803,000 · Aug 2018August 2018	60,000 /yr
1611	1-bed	477 sqft	AED 795KAED 795,000 · May 2018May 2018	60,000 /yr
1612	1-bed	476 sqft	AED 900KAED 900,000 · Aug 2023August 2023	67,818 /yr
1613	1-bed	485 sqft	AED 1.1MAED 1,100,000 · May 2025May 2025
1614	1-bed	485 sqft	AED 1.08MAED 1,075,000 · Mar 2025March 2025
1616	1-bed	475 sqft	AED 813KAED 813,000 · May 2018May 2018	77,906 /yr
1617	1-bed	475 sqft	AED 817KAED 817,000 · May 2018May 2018	60,000 /yr
1618	1-bed	475 sqft	AED 817KAED 817,000 · Apr 2018April 2018	63,000 /yr
1619	1-bed	475 sqft	AED 817KAED 817,000 · May 2018May 2018	60,000 /yr
1620	1-bed	474 sqft	AED 817KAED 817,000 · Sep 2018September 2018	75,000 /yr
1621	2-bed	905 sqft	AED 1.33MAED 1,334,000 · Feb 2019February 2019	105,000 /yr

1–7 of 20

1615, Vera Residences in numbers

Sold 3 times: first on 1 May 2018 for AED 827,000, last on 29 July 2026 for AED 1,120,000 (AED 2,344 per sqft).
Rented since April 2023 on 4 Ejari contracts, from AED 85,762 to AED 80,000 a year.
At AED 80,000 a year the gross yield on the 2026 price is 7.1%, 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 29 July 2026.

Questions about 1615, Vera Residences

What did unit 1615 last sell for?

AED 1,120,000 on 29 July 2026: AED 2,344 per sqft for 478 sqft. The unit has 3 registered sales; the first was AED 827,000 in May 2018.

What is the rent for unit 1615?

AED 80,000 a year on the contract signed on 14 July 2025. The previous contract, from July 2025, was AED 80,000; the unit has been rented since April 2023.

How big is unit 1615?

478 sqft (44.4 sqm): a one-bedroom apartment on the 16th floor of a 28-storey tower completed in 2022.

What is unit 1615 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 1615, Vera Residences

Starts from the last sale price (AED 1.12M, 29 July 2026). Switch to today's estimate once you have unlocked it.

Price: AED 1,120,000
Deposit, UAE resident (20%): AED 224,000
Deposit, non-resident (40%): AED 448,000
Monthly over 25 years at 3.7%: AED 4,582

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