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1-bed · 477 sqftVera Residences, Business Bay · 17th floor · completed 2022

1711, Vera Residences

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1711 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 698K12 February 2018
Current rentAED 60K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1711, Vera Residences

What is 1711 worth today?

Last sold for AED 697,920 in 2018

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1 Jul 2026RentedNew contract
AED 60,000/yr12 months · AED 126 per sqft
1 Dec 2025RentedNew contract
AED 71,400/yr12 months · AED 150 per sqft
1 Dec 2024RentedRenewal
AED 71,400/yr12 months · AED 151 per sqft
1 Dec 2023RentedNew contract
AED 68,000/yr12 months · AED 144 per sqft
15 Dec 2022RentedNew contract
AED 60,000/yr12 months · AED 127 per sqft
12 Feb 2018Sold by developerOff-plan
AED 697,920AED 1,462 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
1-bed apartment
Size
477 sqft
Floor
17th of 28
Parking
P3-081
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 698K · February 2018
Building
Vera Residences

About 1711, Vera Residences

1711 is a one-bedroom apartment of 477 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 697,920, or AED 1,462 per sqft, 7% below the AED 1,567 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 1 July 2026, is AED 60,000 a year: a gross yield of 8.6% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1711 over time

Sales
Unit 1711, 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 697,920 (AED 1,462 per sqft)

1711 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1711, each contractTypical one-bed in Vera Residences
60K70K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000New contract, December 2022: AED 60,000 a yearNew contract, December 2023: AED 68,000 a yearRenewal, December 2024: AED 71,400 a yearNew contract, December 2025: AED 71,400 a yearNew contract, July 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 1711 sits

All 293 1-beds →

1711 last sold in February 2018 at AED 1,462 per sqft, 7% below 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. 1711'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
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 17th floor

All 522 units in Vera Residences
Value
17012-bedAED 1.24M · Feb 2018
17022-bedAED 1.24M · Mar 2018
17031-bedAED 724K · Feb 2018
17042-bedAED 1.19M · Feb 2018
17052-bedAED 1.16M · Feb 2018
17062-bedAED 1.15M · Feb 2018
17072-bedAED 1.53M · Jan 2024
1–7 of 20

1711, Vera Residences in numbers

  • Sold once: by DAMAC on 12 February 2018 for AED 697,920, or AED 1,462 per sqft.
  • Rented since December 2022 on 5 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2018 price is 8.6%, 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 1 July 2026.

Questions about 1711, Vera Residences

What did unit 1711 last sell for?

AED 697,920 on 12 February 2018, sold by the developer: AED 1,462 per sqft for 477 sqft. It is the only registered sale of the unit.

What is the rent for unit 1711?

AED 60,000 a year on the contract signed on 1 July 2026. The previous contract, from December 2025, was AED 71,400; the unit has been rented since December 2022.

How big is unit 1711?

477 sqft (44.3 sqm): a one-bedroom apartment on the 17th floor of a 28-storey tower completed in 2022.

What is unit 1711 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 1711, Vera Residences

Starts from the last sale price (AED 698K, 12 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 697,920
Deposit, UAE resident (20%)
AED 139,584
Deposit, non-resident (40%)
AED 279,168
Monthly over 25 years at 3.7%
AED 2,855

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