1-bed · 478 sqftVera Residences, Business Bay · 20th floor · completed 2022

2015, Vera Residences

Sold prices and rental history: sold once, by the developer in March 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2015 · DLD and Ejari recordsUpdated 8 March 2018
Last soldAED 777K8 March 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2015, Vera Residences

What is 2015 worth today?

Last sold for AED 777,000 in 2018

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8 Mar 2018Sold by developerOff-plan
AED 777,000AED 1,626 per sqft

Source: Dubai Land Department. Updated 8 March 2018.

Key facts

Type
1-bed apartment
Size
478 sqft
Floor
20th of 28
Parking
P3-038
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 777K · March 2018

About 2015, Vera Residences

2015 is a one-bedroom apartment of 478 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 8 March 2018 for AED 777,000, or AED 1,626 per sqft, 3% above the AED 1,575 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2015 over time

Sales
Unit 2015, 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, March 2018: AED 777,000 (AED 1,626 per sqft)

2015 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2015, 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 67,000

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 2015 sits

All 293 1-beds →

2015 last sold in March 2018 at AED 1,626 per sqft, 3% 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.

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

2015, Vera Residences in numbers

  • Sold once: by DAMAC on 8 March 2018 for AED 777,000, or AED 1,626 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 8 March 2018.

Questions about 2015, Vera Residences

What did unit 2015 last sell for?

AED 777,000 on 8 March 2018, sold by the developer: AED 1,626 per sqft for 478 sqft. It is the only registered sale of the unit.

How big is unit 2015?

478 sqft (44.4 sqm): a one-bedroom apartment on the 20th floor of a 28-storey tower completed in 2022.

What is unit 2015 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 2015, Vera Residences

Starts from the last sale price (AED 777K, 8 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 777,000
Deposit, UAE resident (20%)
AED 155,400
Deposit, non-resident (40%)
AED 310,800
Monthly over 25 years at 3.7%
AED 3,179

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