1-bed · 473 sqftVera Residences, Business Bay · 4th floor · completed 2022

403, 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 403 · DLD and Ejari recordsUpdated 20 March 2018
Last soldAED 780K20 March 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Vera Residences

What is 403 worth today?

Last sold for AED 780,000 in 2018

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20 Mar 2018Sold by developerOff-plan
AED 780,000AED 1,648 per sqft

Source: Dubai Land Department. Updated 20 March 2018.

Key facts

Type
1-bed apartment
Size
473 sqft
Floor
4th of 28
Parking
B-003
Developer
DAMAC
Completed
2022
Service charge
AED 10,400 /yr
Last sold
AED 780K · March 2018

About 403, Vera Residences

403 is a one-bedroom apartment of 473 sqft on the 4th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 20 March 2018 for AED 780,000, or AED 1,648 per sqft, 5% 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 403 over time

Sales
Unit 403, 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 780,000 (AED 1,648 per sqft)

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

Rents
Unit 403, 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 403 sits

All 293 1-beds →

403 last sold in March 2018 at AED 1,648 per sqft, 5% 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 4th floor

All 522 units in Vera Residences
Value
4012-bedAED 1.29M · Jul 2019
4022-bedAED 1.28M · Aug 2018
4042-bedAED 1.27M · Oct 2019
4052-bedAED 1.32M · Mar 2019
4062-bedAED 1.57M · Jul 2022
4072-bedAED 1.7M · Mar 2025
4082-bedAED 1.48M · Jul 2019
1–7 of 16

403, Vera Residences in numbers

  • Sold once: by DAMAC on 20 March 2018 for AED 780,000, or AED 1,648 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 March 2018.

Questions about 403, Vera Residences

What did unit 403 last sell for?

AED 780,000 on 20 March 2018, sold by the developer: AED 1,648 per sqft for 473 sqft. It is the only registered sale of the unit.

How big is unit 403?

473 sqft (43.9 sqm): a one-bedroom apartment on the 4th floor of a 28-storey tower completed in 2022.

What is unit 403 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 403, Vera Residences

Starts from the last sale price (AED 780K, 20 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

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