1-bed · 475 sqftVera Residences, Business Bay · 20th floor · completed 2022

2017, Vera Residences

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 2017 · DLD and Ejari recordsUpdated 26 December 2025

Last soldAED 850K8 May 2023

Current rentAED 75K /yr26 December 2025

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Today's valuefree after one verification

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Property timeline for 2017, Vera Residences

Today

What is 2017 worth today?

Last sold for AED 850,000 in 2023

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26 Dec 2025

26 Dec 2025RentedRenewal

AED 75,000/yr12 months · AED 158 per sqft

26 Dec 2025

26 Dec 2025RentedRenewal

AED 75,000/yr12 months · AED 158 per sqft

26 Dec 2024

26 Dec 2024RentedNew contract

AED 75,000/yr12 months · AED 158 per sqft

8 May 2023

8 May 2023SoldReady

AED 850,000AED 1,790 per sqft

18 Jan 2023

18 Jan 2023SoldReady

AED 750,000AED 1,579 per sqft

30 Oct 2022

30 Oct 2022RentedNew contract

AED 68,000/yr12 months · AED 144 per sqft

11 Feb 2018

11 Feb 2018Sold by developerOff-plan

AED 767,000AED 1,615 per sqft

Source: Dubai Land Department. Updated 26 December 2025.

Key facts

Type: 1-bed apartment
Size: 475 sqft
Floor: 20th of 28
Parking: P3-040
Developer: DAMAC
Completed: 2022
Service charge: AED 10,500 /yr
Last sold: AED 850K · May 2023
Building: Vera Residences

About 2017, Vera Residences

2017 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 8 May 2023 for AED 850,000, or AED 1,790 per sqft, 5% above the AED 1,710 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 26 December 2025, is AED 75,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 10,500 a year.

Sales and rents for 2017 over time

Sales

Unit 2017, each saleTypical one-bed in Vera Residences

2017 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents

Unit 2017, each contractTypical one-bed in Vera Residences

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 2017 sits

All 293 1-beds →

1-beds in Vera Residences · last 12 months2,225 /sqft Vera Residences · all types2,097 /sqft

2017 last sold in May 2023 at AED 1,790 per sqft, 5% above what one-beds in Vera Residences were fetching at the time (AED 1,710). 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. 2017's AED 75,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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


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
2016	1-bed	475 sqft	AED 1.1MAED 1,100,000 · Sep 2025September 2025
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

1–7 of 20

2017, Vera Residences in numbers

Sold 3 times: first on 11 February 2018 for AED 767,000, last on 8 May 2023 for AED 850,000 (AED 1,790 per sqft).
Rented since October 2022 on 4 Ejari contracts, from AED 68,000 to AED 75,000 a year.
At AED 75,000 a year the gross yield on the 2023 price is 8.8%, 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 26 December 2025.

Questions about 2017, Vera Residences

What did unit 2017 last sell for?

AED 850,000 on 8 May 2023: AED 1,790 per sqft for 475 sqft. The unit has 3 registered sales; the first was AED 767,000 in February 2018.

What is the rent for unit 2017?

AED 75,000 a year on the contract renewed on 26 December 2025. The previous contract, from December 2025, was AED 75,000; the unit has been rented since October 2022.

How big is unit 2017?

475 sqft (44.1 sqm): a one-bedroom apartment on the 20th floor of a 28-storey tower completed in 2022.

What is unit 2017 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 2017, Vera Residences

Starts from the last sale price (AED 850K, 8 May 2023). Switch to today's estimate once you have unlocked it.

Price: AED 850,000
Deposit, UAE resident (20%): AED 170,000
Deposit, non-resident (40%): AED 340,000
Monthly over 25 years at 3.7%: AED 3,478

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