
1803, Vera Residences
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.
Property timeline for 1803, Vera Residences
What is 1803 worth today?
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Source: Dubai Land Department. Updated 17 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 473 sqft
- Floor
- 18th of 28
- Parking
- P3-063
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 10,400 /yr
- Last sold
- AED 779K · February 2018
- Building
- Vera Residences
About 1803, Vera Residences
1803 is a one-bedroom apartment of 473 sqft on the 18th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 21 February 2018 for AED 779,000, or AED 1,647 per sqft, 5% above the AED 1,575 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 17 October 2025, is AED 75,000 a year: a gross yield of 9.6% on the 2018 price, before the service charge of about AED 10,400 a year.
Sales and rents for 1803 over time
1803 has sold once; the dashed line is the one-bed median of each year in the building.
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 1803 sits
All 293 1-beds →1803 last sold in February 2018 at AED 1,647 per sqft, 5% above what one-beds in Vera Residences were fetching at the time (AED 1,575). 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. 1803's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Vera Residences
Building522 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%
Other units on the 18th floor
All 522 units in Vera Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1801 | 2-bed | 900 sqft | AED 1.19MAED 1,187,520 · Feb 2018February 2018 | 100,000 /yr | |
| 1802 | 2-bed | 890 sqft | AED 1.19MAED 1,191,360 · Feb 2018February 2018 | 100,000 /yr | |
| 1804 | 2-bed | 908 sqft | AED 1.24MAED 1,244,000 · Feb 2018February 2018 | 85,000 /yr | |
| 1805 | 2-bed | 905 sqft | AED 1.45MAED 1,450,000 · Jan 2024January 2024 | 120,000 /yr | |
| 1806 | 2-bed | 900 sqft | AED 1.28MAED 1,284,000 · Feb 2019February 2019 | ||
| 1807 | 2-bed | 902 sqft | AED 1.15MAED 1,152,960 · Feb 2018February 2018 | 100,000 /yr | |
| 1808 | 2-bed | 899 sqft | AED 1.15MAED 1,152,960 · Feb 2018February 2018 | 100,000 /yr | |
| 1809 | 2-bed | 908 sqft | AED 1.16MAED 1,160,640 · Feb 2018February 2018 | 113,000 /yr | |
| 1810 | 1-bed | 479 sqft | AED 760KAED 760,000 · Feb 2018February 2018 | 70,000 /yr | |
| 1811 | 1-bed | 477 sqft | AED 752KAED 752,000 · Feb 2018February 2018 | 75,000 /yr | |
| 1812 | 1-bed | 476 sqft | AED 698KAED 697,920 · Feb 2018February 2018 | 73,000 /yr | |
| 1813 | 1-bed | 475 sqft | AED 702KAED 701,760 · Feb 2018February 2018 | 73,000 /yr | |
| 1814 | 1-bed | 479 sqft | AED 712KAED 712,320 · Feb 2018February 2018 | 60,000 /yr | |
| 1815 | 1-bed | 478 sqft | AED 735KAED 735,360 · Feb 2018February 2018 | 66,000 /yr | |
| 1816 | 1-bed | 475 sqft | AED 727KAED 726,720 · Feb 2018February 2018 | 73,000 /yr | |
| 1817 | 1-bed | 475 sqft | AED 727KAED 726,720 · Feb 2018February 2018 | 73,500 /yr | |
| 1818 | 1-bed | 475 sqft | AED 780KAED 780,000 · Feb 2018February 2018 | 71,662 /yr | |
| 1819 | 1-bed | 475 sqft | AED 780KAED 780,000 · Feb 2018February 2018 | 80,000 /yr | |
| 1820 | 1-bed | 474 sqft | AED 780KAED 780,000 · Feb 2018February 2018 | 60,000 /yr | |
| 1821 | 2-bed | 905 sqft | AED 1.24MAED 1,243,000 · Feb 2018February 2018 | 95,000 /yr |
1803, Vera Residences in numbers
- Sold once: by DAMAC on 21 February 2018 for AED 779,000, or AED 1,647 per sqft.
- Rented since January 2023 on 5 Ejari contracts, from AED 65,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2018 price is 9.6%, 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 17 October 2025.
Questions about 1803, Vera Residences
What did unit 1803 last sell for?
AED 779,000 on 21 February 2018, sold by the developer: AED 1,647 per sqft for 473 sqft. It is the only registered sale of the unit.
What is the rent for unit 1803?
AED 75,000 a year on the contract signed on 17 October 2025. The previous contract, from January 2025, was AED 71,500; the unit has been rented since January 2023.
How big is unit 1803?
473 sqft (43.9 sqm): a one-bedroom apartment on the 18th floor of a 28-storey tower completed in 2022.
What is unit 1803 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 1803, Vera Residences
Starts from the last sale price (AED 779K, 21 February 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 779,000
- Deposit, UAE resident (20%)
- AED 155,800
- Deposit, non-resident (40%)
- AED 311,600
- Monthly over 25 years at 3.7%
- AED 3,187
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →