1-bed · 475 sqftVera Residences, Business Bay · 17th floor · completed 2022

1717, Vera Residences

Sold prices and rental history: sold twice, last in March 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1717 · DLD and Ejari recordsUpdated 13 April 2026
Last soldAED 800K3 March 2023
Current rentAED 80K /yr13 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1717, Vera Residences

What is 1717 worth today?

Last sold for AED 800,000 in 2023

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13 Apr 2026RentedNew contract
AED 80,000/yr12 months · AED 169 per sqft
22 Oct 2025RentedNew contract
AED 82,000/yr12 months · AED 173 per sqft
7 Oct 2024RentedNew contract
AED 79,572/yr12 months · AED 168 per sqft
3 Mar 2023SoldReady
AED 800,000AED 1,684 per sqft
30 Jul 2018Sold by developerOff-plan
AED 756,000AED 1,592 per sqft

Source: Dubai Land Department. Updated 13 April 2026.

Key facts

Type
1-bed apartment
Size
475 sqft
Floor
17th of 28
Parking
P3-074
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 800K · March 2023

About 1717, Vera Residences

1717 is a one-bedroom apartment of 475 sqft on the 17th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 3 March 2023 for AED 800,000, or AED 1,684 per sqft, in line with the AED 1,725 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 13 April 2026, is AED 80,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1717 over time

Sales
Unit 1717, 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, July 2018: AED 756,000 (AED 1,592 per sqft)Sold, March 2023: AED 800,000 (AED 1,684 per sqft)

1717 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1717, 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, October 2024: AED 79,572 a yearNew contract, October 2025: AED 82,000 a yearNew contract, April 2026: AED 80,000 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 1717 sits

All 293 1-beds →

1717 last sold in March 2023 at AED 1,684 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,725). 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. 1717's AED 80,000 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

1717, Vera Residences in numbers

  • Sold twice: first on 30 July 2018 for AED 756,000, last on 3 March 2023 for AED 800,000 (AED 1,684 per sqft).
  • Rented since October 2024 on 3 Ejari contracts, from AED 79,572 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 10.0%, 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 13 April 2026.

Questions about 1717, Vera Residences

What did unit 1717 last sell for?

AED 800,000 on 3 March 2023: AED 1,684 per sqft for 475 sqft. The unit has 2 registered sales; the first was AED 756,000 in July 2018.

What is the rent for unit 1717?

AED 80,000 a year on the contract signed on 13 April 2026. The previous contract, from October 2025, was AED 82,000; the unit has been rented since October 2024.

How big is unit 1717?

475 sqft (44.1 sqm): a one-bedroom apartment on the 17th floor of a 28-storey tower completed in 2022.

What is unit 1717 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 1717, Vera Residences

Starts from the last sale price (AED 800K, 3 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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