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

2018, Vera Residences

Sold prices and rental history: sold twice, last in May 2022, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2018 · DLD and Ejari recordsUpdated 19 September 2025
Last soldAED 880K18 May 2022
Current rentAED 80K /yr19 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2018, Vera Residences

What is 2018 worth today?

Last sold for AED 880,000 in 2022

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19 Sep 2025RentedNew contract
AED 80,000/yr12 months · AED 169 per sqft
18 May 2022SoldOff-plan
AED 880,000AED 1,853 per sqft
7 Mar 2018Sold by developerOff-plan
AED 791,000AED 1,665 per sqft

Source: Dubai Land Department. Updated 19 September 2025.

Key facts

Type
1-bed apartment
Size
475 sqft
Floor
20th of 28
Parking
P3-041
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 880K · May 2022

About 2018, Vera Residences

2018 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 18 May 2022 for AED 880,000, or AED 1,853 per sqft, in line with the AED 1,843 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 19 September 2025. The current contract, signed on 19 September 2025, is AED 80,000 a year: a gross yield of 9.1% on the 2022 price, before the service charge of about AED 10,500 a year.

Sales and rents for 2018 over time

Sales
Unit 2018, 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 791,000 (AED 1,665 per sqft)Sold, May 2022: AED 880,000 (AED 1,853 per sqft)

2018 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2018, 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, September 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 2018 sits

All 293 1-beds →

2018 last sold in May 2022 at AED 1,853 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,843). 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. 2018'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

2018, Vera Residences in numbers

  • Sold twice: first on 7 March 2018 for AED 791,000, last on 18 May 2022 for AED 880,000 (AED 1,853 per sqft).
  • Rented since September 2025 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 9.1%, 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 19 September 2025.

Questions about 2018, Vera Residences

What did unit 2018 last sell for?

AED 880,000 on 18 May 2022: AED 1,853 per sqft for 475 sqft. The unit has 2 registered sales; the first was AED 791,000 in March 2018.

What is the rent for unit 2018?

AED 80,000 a year on the contract signed on 19 September 2025.

How big is unit 2018?

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

What is unit 2018 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 2018, Vera Residences

Starts from the last sale price (AED 880K, 18 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 880,000
Deposit, UAE resident (20%)
AED 176,000
Deposit, non-resident (40%)
AED 352,000
Monthly over 25 years at 3.7%
AED 3,600

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