2016, Vera Residences
Sold prices and rental history: sold 4 times, last in September 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2016, Vera Residences
What is 2016 worth today?
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Source: Dubai Land Department. Updated 24 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 475 sqft
- Floor
- 20th of 28
- Parking
- P3-039
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1.1M · September 2025
- Building
- Vera Residences
About 2016, Vera Residences
2016 is a one-bedroom apartment of 475 sqft on the 20th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 24 September 2025 for AED 1,100,000, or AED 2,316 per sqft, 4% above the AED 2,218 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2016 over time
2016 has sold 4 times; 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 2016 sits
All 293 1-beds →2016 last sold in September 2025 at AED 2,316 per sqft, 4% above what one-beds in Vera Residences were fetching at the time (AED 2,218). 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 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 20th floor
All 522 units in Vera Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 900 sqft | AED 1.33MAED 1,328,580 · Jul 2018July 2018 | ||
| 2002 | 2-bed | 890 sqft | AED 1.26MAED 1,260,000 · Feb 2018February 2018 | 94,000 /yr | |
| 2003 | 1-bed | 473 sqft | AED 400KAED 400,000 · Nov 2019November 2019 | 75,000 /yr | |
| 2004 | 2-bed | 908 sqft | AED 750KAED 750,000 · Mar 2020March 2020 | 125,000 /yr | |
| 2005 | 2-bed | 905 sqft | AED 1.33MAED 1,326,000 · May 2018May 2018 | ||
| 2006 | 2-bed | 900 sqft | AED 1.5MAED 1,500,000 · Jul 2024July 2024 | 110,000 /yr | |
| 2007 | 2-bed | 902 sqft | AED 1.5MAED 1,500,000 · Oct 2025October 2025 | ||
| 2008 | 2-bed | 899 sqft | AED 1.22MAED 1,220,000 · Feb 2018February 2018 | 85,000 /yr | |
| 2009 | 2-bed | 908 sqft | AED 1.23MAED 1,228,000 · Feb 2018February 2018 | ||
| 2010 | 1-bed | 479 sqft | AED 1.03MAED 1,025,000 · Mar 2025March 2025 | 80,000 /yr | |
| 2011 | 1-bed | 477 sqft | AED 709KAED 709,440 · Feb 2018February 2018 | 80,000 /yr | |
| 2012 | 1-bed | 476 sqft | AED 1.1MAED 1,100,000 · Aug 2025August 2025 | 65,000 /yr | |
| 2013 | 1-bed | 475 sqft | AED 742KAED 742,000 · Feb 2018February 2018 | 84,000 /yr | |
| 2014 | 1-bed | 479 sqft | AED 753KAED 753,000 · Jun 2018June 2018 | 85,000 /yr | |
| 2015 | 1-bed | 478 sqft | AED 777KAED 777,000 · Mar 2018March 2018 | ||
| 2017 | 1-bed | 475 sqft | AED 850KAED 850,000 · May 2023May 2023 | 75,000 /yr | |
| 2018 | 1-bed | 475 sqft | AED 880KAED 880,000 · May 2022May 2022 | 80,000 /yr | |
| 2019 | 1-bed | 475 sqft | AED 736KAED 736,320 · Feb 2018February 2018 | 62,000 /yr | |
| 2020 | 1-bed | 474 sqft | AED 1.3MAED 1,300,000 · Mar 2024March 2024 | 70,000 /yr | |
| 2021 | 2-bed | 905 sqft | AED 1.25MAED 1,249,380 · Mar 2018March 2018 | 45,000 /yr |
2016, Vera Residences in numbers
- Sold 4 times: first on 11 February 2018 for AED 767,000, last on 24 September 2025 for AED 1,100,000 (AED 2,316 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 24 September 2025.
Questions about 2016, Vera Residences
What did unit 2016 last sell for?
AED 1,100,000 on 24 September 2025: AED 2,316 per sqft for 475 sqft. The unit has 4 registered sales; the first was AED 767,000 in February 2018.
How big is unit 2016?
475 sqft (44.1 sqm): a one-bedroom apartment on the 20th floor of a 28-storey tower completed in 2022.
What is unit 2016 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 2016, Vera Residences
Starts from the last sale price (AED 1.1M, 24 September 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →