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1-bed · 474 sqftVera Residences, Business Bay · 17th floor · completed 2022

1720, 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 1720 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 726K12 February 2018
Current rentAED 79K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1720, Vera Residences

What is 1720 worth today?

Last sold for AED 725,760 in 2018

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15 Dec 2025RentedRenewal
AED 78,750/yr12 months · AED 166 per sqft
15 Dec 2024RentedRenewal
AED 71,662/yr12 months · AED 151 per sqft
15 Dec 2023RentedRenewal
AED 68,250/yr12 months · AED 144 per sqft
15 Dec 2022RentedNew contract
AED 65,000/yr12 months · AED 137 per sqft
12 Feb 2018Sold by developerOff-plan
AED 725,760AED 1,529 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
1-bed apartment
Size
474 sqft
Floor
17th of 28
Parking
P3-077
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 726K · February 2018
Building
Vera Residences

About 1720, Vera Residences

1720 is a one-bedroom apartment of 474 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 725,760, or AED 1,529 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 2022 on 4 Ejari contracts. The current contract, renewed on 15 December 2025, is AED 78,750 a year: a gross yield of 10.8% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1720 over time

Sales
Unit 1720, 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 725,760 (AED 1,529 per sqft)

1720 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1720, 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, December 2022: AED 65,000 a yearRenewal, December 2023: AED 68,250 a yearRenewal, December 2024: AED 71,662 a yearRenewal, December 2025: AED 78,750 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 1720 sits

All 293 1-beds →

1720 last sold in February 2018 at AED 1,529 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. 1720's AED 78,750 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

1720, Vera Residences in numbers

  • Sold once: by DAMAC on 12 February 2018 for AED 725,760, or AED 1,529 per sqft.
  • Rented since December 2022 on 4 Ejari contracts, from AED 65,000 to AED 78,750 a year.
  • At AED 78,750 a year the gross yield on the 2018 price is 10.8%, 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 15 December 2025.

Questions about 1720, Vera Residences

What did unit 1720 last sell for?

AED 725,760 on 12 February 2018, sold by the developer: AED 1,529 per sqft for 474 sqft. It is the only registered sale of the unit.

What is the rent for unit 1720?

AED 78,750 a year on the contract renewed on 15 December 2025. The previous contract, from December 2024, was AED 71,662; the unit has been rented since December 2022.

How big is unit 1720?

474 sqft (44.0 sqm): a one-bedroom apartment on the 17th floor of a 28-storey tower completed in 2022.

What is unit 1720 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 1720, Vera Residences

Starts from the last sale price (AED 726K, 12 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 725,760
Deposit, UAE resident (20%)
AED 145,152
Deposit, non-resident (40%)
AED 290,304
Monthly over 25 years at 3.7%
AED 2,969

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