1-bed · 479 sqftVera Residences, Business Bay · 19th floor · completed 2022

1914, Vera Residences

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

Unit 1914 · DLD and Ejari recordsUpdated 27 October 2022
Last soldAED 743K5 February 2018
Current rentAED 76K /yr27 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1914, Vera Residences

What is 1914 worth today?

Last sold for AED 743,000 in 2018

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27 Oct 2022RentedNew contract
AED 76,000/yr13 months · AED 157 per sqft
5 Feb 2018Sold by developerOff-plan
AED 743,000AED 1,550 per sqft

Source: Dubai Land Department. Updated 27 October 2022.

Key facts

Type
1-bed apartment
Size
479 sqft
Floor
19th of 28
Parking
P3-049
Developer
DAMAC
Completed
2022
Service charge
AED 10,600 /yr
Last sold
AED 743K · February 2018

About 1914, Vera Residences

1914 is a one-bedroom apartment of 479 sqft on the 19th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 5 February 2018 for AED 743,000, or AED 1,550 per sqft, in line with the AED 1,548 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 October 2022. The current contract, signed on 27 October 2022, is AED 76,000 a year: a gross yield of 10.2% on the 2018 price, before the service charge of about AED 10,600 a year.

Sales and rents for 1914 over time

Sales
Unit 1914, 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 743,000 (AED 1,550 per sqft)

1914 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1914, each contractTypical one-bed in Vera Residences
65K70K75K202220242026Typical 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 2022: AED 76,000 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 1914 sits

All 293 1-beds →

1914 last sold in February 2018 at AED 1,550 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,548). 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. 1914's AED 76,000 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 19th floor

All 522 units in Vera Residences
Value
19012-bedAED 1.32M · Jun 2018
19022-bedAED 2.04M · Oct 2023
19031-bedAED 1.25M · Dec 2024
19042-bedAED 1.55M · Oct 2023
19052-bedAED 1.86M · Feb 2025
19062-bedAED 1.15M · Feb 2018
19072-bedAED 1.19M · Jul 2018
1–7 of 20

1914, Vera Residences in numbers

  • Sold once: by DAMAC on 5 February 2018 for AED 743,000, or AED 1,550 per sqft.
  • Rented since October 2022 on one Ejari contract, at AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2018 price is 10.2%, before a service charge of about AED 10,600 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 27 October 2022.

Questions about 1914, Vera Residences

What did unit 1914 last sell for?

AED 743,000 on 5 February 2018, sold by the developer: AED 1,550 per sqft for 479 sqft. It is the only registered sale of the unit.

What is the rent for unit 1914?

AED 76,000 a year on the contract signed on 27 October 2022.

How big is unit 1914?

479 sqft (44.5 sqm): a one-bedroom apartment on the 19th floor of a 28-storey tower completed in 2022.

What is unit 1914 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 1914, Vera Residences

Starts from the last sale price (AED 743K, 5 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 743,000
Deposit, UAE resident (20%)
AED 148,600
Deposit, non-resident (40%)
AED 297,200
Monthly over 25 years at 3.7%
AED 3,040

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