1-bed · 477 sqftVera Residences, Business Bay · 20th floor · completed 2022

2011, Vera Residences

Sold prices and rental history: sold once, by the developer in February 2018, and rented once, from December 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2011 · DLD and Ejari recordsUpdated 20 December 2025
Last soldAED 709K5 February 2018
Current rentAED 80K /yr20 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2011, Vera Residences

What is 2011 worth today?

Last sold for AED 709,440 in 2018

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20 Dec 2025RentedNew contract
AED 80,000/yr12 months · AED 169 per sqft
5 Feb 2018Sold by developerOff-plan
AED 709,440AED 1,486 per sqft

Source: Dubai Land Department. Updated 20 December 2025.

Key facts

Type
1-bed apartment
Size
477 sqft
Floor
20th of 28
Parking
P3-034
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 709K · February 2018

About 2011, Vera Residences

2011 is a one-bedroom apartment of 477 sqft on the 20th 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 709,440, or AED 1,486 per sqft, 4% below the AED 1,548 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 December 2025. The current contract, signed on 20 December 2025, is AED 80,000 a year: a gross yield of 11.3% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 2011 over time

Sales
Unit 2011, 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 709,440 (AED 1,486 per sqft)

2011 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2011, 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 2025: 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 2011 sits

All 293 1-beds →

2011 last sold in February 2018 at AED 1,486 per sqft, 4% below 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. 2011'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 20th floor

All 522 units in Vera Residences
Value
20012-bedAED 1.33M · Jul 2018
20022-bedAED 1.26M · Feb 2018
20031-bedAED 400K · Nov 2019
20042-bedAED 750K · Mar 2020
20052-bedAED 1.33M · May 2018
20062-bedAED 1.5M · Jul 2024
20072-bedAED 1.5M · Oct 2025
1–7 of 20

2011, Vera Residences in numbers

  • Sold once: by DAMAC on 5 February 2018 for AED 709,440, or AED 1,486 per sqft.
  • Rented since December 2025 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2018 price is 11.3%, 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 20 December 2025.

Questions about 2011, Vera Residences

What did unit 2011 last sell for?

AED 709,440 on 5 February 2018, sold by the developer: AED 1,486 per sqft for 477 sqft. It is the only registered sale of the unit.

What is the rent for unit 2011?

AED 80,000 a year on the contract signed on 20 December 2025.

How big is unit 2011?

477 sqft (44.3 sqm): a one-bedroom apartment on the 20th floor of a 28-storey tower completed in 2022.

What is unit 2011 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 2011, Vera Residences

Starts from the last sale price (AED 709K, 5 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 709,440
Deposit, UAE resident (20%)
AED 141,888
Deposit, non-resident (40%)
AED 283,776
Monthly over 25 years at 3.7%
AED 2,903

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