1-bed · 473 sqftVera Residences, Business Bay · 17th floor · completed 2022

1703, 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 once, by the developer in February 2018, 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 1703 · DLD and Ejari recordsUpdated 28 August 2026

Last soldAED 724K12 February 2018

Current rentAED 80K /yr28 August 2026

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Today's valuefree after one verification

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Property timeline for 1703, Vera Residences

Today

What is 1703 worth today?

Last sold for AED 723,840 in 2018

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28 Aug 2026

28 Aug 2026RentedNew contract

AED 80,000/yr12 months · AED 155 per sqft

2 Mar 2025

2 Mar 2025RentedRenewal

AED 71,613/yr12 months · AED 139 per sqft

1 Mar 2024

1 Mar 2024RentedRenewal

AED 67,818/yr12 months · AED 131 per sqft

1 Mar 2023

1 Mar 2023RentedNew contract

AED 60,000/yr12 months · AED 116 per sqft

1 Mar 2023

1 Mar 2023RentedRenewal

AED 68,000/yr12 months · AED 134 per sqft

12 Feb 2018

12 Feb 2018Sold by developerOff-plan

AED 723,840AED 1,530 per sqft

Source: Dubai Land Department. Updated 28 August 2026.

Key facts

Type: 1-bed apartment
Size: 473 sqft
Floor: 17th of 28
Parking: P3-079
Developer: DAMAC
Completed: 2022
Service charge: AED 10,400 /yr
Last sold: AED 724K · February 2018
Building: Vera Residences

About 1703, Vera Residences

1703 is a one-bedroom apartment of 473 sqft on the 17th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 12 February 2018 for AED 723,840, or AED 1,530 per sqft, in line with the AED 1,567 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 28 August 2026, is AED 80,000 a year: a gross yield of 11.1% on the 2018 price, before the service charge of about AED 10,400 a year.

Sales and rents for 1703 over time

Sales

Unit 1703, each saleTypical one-bed in Vera Residences

1703 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1703, 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 1703 sits

All 293 1-beds →

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

1703 last sold in February 2018 at AED 1,530 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,567). 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. 1703'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 17th floor

All 522 units in Vera Residences


1701	2-bed	900 sqft	AED 1.24MAED 1,236,000 · Feb 2018February 2018	85,000 /yr
1702	2-bed	890 sqft	AED 1.24MAED 1,240,000 · Mar 2018March 2018	120,000 /yr
1704	2-bed	908 sqft	AED 1.19MAED 1,193,280 · Feb 2018February 2018	100,000 /yr
1705	2-bed	905 sqft	AED 1.16MAED 1,159,680 · Feb 2018February 2018	104,055 /yr
1706	2-bed	900 sqft	AED 1.15MAED 1,152,000 · Feb 2018February 2018	108,150 /yr
1707	2-bed	902 sqft	AED 1.53MAED 1,530,000 · Jan 2024January 2024	85,000 /yr
1708	2-bed	899 sqft	AED 1.5MAED 1,500,000 · Jul 2025July 2025	83,000 /yr
1709	2-bed	908 sqft	AED 1.55MAED 1,550,000 · Nov 2023November 2023	80,000 /yr
1710	1-bed	479 sqft	AED 706KAED 705,600 · Feb 2018February 2018	60,000 /yr
1711	1-bed	477 sqft	AED 698KAED 697,920 · Feb 2018February 2018	60,000 /yr
1712	1-bed	476 sqft	AED 900KAED 900,000 · Sep 2023September 2023	68,000 /yr
1713	1-bed	475 sqft	AED 730KAED 730,000 · Apr 2018April 2018	70,000 /yr
1714	1-bed	485 sqft	AED 1.02MAED 1,015,000 · Aug 2026August 2026	75,000 /yr
1715	1-bed	478 sqft	AED 765KAED 765,000 · Feb 2018February 2018	72,000 /yr
1716	1-bed	475 sqft	AED 756KAED 756,000 · Apr 2018April 2018	81,105 /yr
1717	1-bed	475 sqft	AED 800KAED 800,000 · Mar 2023March 2023	80,000 /yr
1718	1-bed	475 sqft	AED 726KAED 725,760 · Feb 2018February 2018	73,500 /yr
1719	1-bed	475 sqft	AED 726KAED 725,760 · Feb 2018February 2018	60,000 /yr
1720	1-bed	474 sqft	AED 726KAED 725,760 · Feb 2018February 2018	78,750 /yr
1721	2-bed	905 sqft	AED 1.19MAED 1,192,320 · Feb 2018February 2018	100,000 /yr

1–7 of 20

1703, Vera Residences in numbers

Sold once: by DAMAC on 12 February 2018 for AED 723,840, or AED 1,530 per sqft.
Rented since March 2023 on 5 Ejari contracts. The rent fell from AED 68,000 to AED 60,000 in 2023 and recovered to AED 80,000 by August 2026.
At AED 80,000 a year the gross yield on the 2018 price is 11.1%, before a service charge of about AED 10,400 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 28 August 2026.

Questions about 1703, Vera Residences

What did unit 1703 last sell for?

AED 723,840 on 12 February 2018, sold by the developer: AED 1,530 per sqft for 473 sqft. It is the only registered sale of the unit.

What is the rent for unit 1703?

AED 80,000 a year on the contract signed on 28 August 2026. The previous contract, from March 2025, was AED 71,613; the unit has been rented since March 2023.

How big is unit 1703?

473 sqft (43.9 sqm): a one-bedroom apartment on the 17th floor of a 28-storey tower completed in 2022.

What is unit 1703 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 1703, Vera Residences

Starts from the last sale price (AED 724K, 12 February 2018). Switch to today's estimate once you have unlocked it.

Price: AED 723,840
Deposit, UAE resident (20%): AED 144,768
Deposit, non-resident (40%): AED 289,536
Monthly over 25 years at 3.7%: AED 2,961

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