1-bed · 477 sqftVera Residences, Business Bay · 4th floor · completed 2022

411, Vera Residences

Sold prices and rental history: sold once, by the developer in July 2018, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 411 · DLD and Ejari recordsUpdated 5 August 2025
Last soldAED 772K30 July 2018
Current rentAED 64K /yr5 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 411, Vera Residences

What is 411 worth today?

Last sold for AED 772,000 in 2018

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5 Aug 2025RentedNew contract
AED 64,138/yr12 months · AED 134 per sqft
26 Feb 2024RentedRenewal
AED 75,000/yr12 months · AED 158 per sqft
26 Feb 2023RentedNew contract
AED 70,000/yr12 months · AED 148 per sqft
30 Jul 2018Sold by developerOff-plan
AED 772,000AED 1,617 per sqft

Source: Dubai Land Department. Updated 5 August 2025.

Key facts

Type
1-bed apartment
Size
477 sqft
Floor
4th of 28
Parking
B-005
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 772K · July 2018

About 411, Vera Residences

411 is a one-bedroom apartment of 477 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 30 July 2018 for AED 772,000, or AED 1,617 per sqft, in line with the AED 1,583 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 5 August 2025, is AED 64,138 a year: a gross yield of 8.3% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 411 over time

Sales
Unit 411, 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, July 2018: AED 772,000 (AED 1,617 per sqft)

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

Rents
Unit 411, 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 67,000New contract, February 2023: AED 70,000 a yearRenewal, February 2024: AED 75,000 a yearNew contract, August 2025: AED 64,138 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 411 sits

All 293 1-beds →

411 last sold in July 2018 at AED 1,617 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,583). 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. 411's AED 64,138 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 4th floor

All 522 units in Vera Residences
Value
4012-bedAED 1.29M · Jul 2019
4022-bedAED 1.28M · Aug 2018
4031-bedAED 780K · Mar 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
1–7 of 16

411, Vera Residences in numbers

  • Sold once: by DAMAC on 30 July 2018 for AED 772,000, or AED 1,617 per sqft.
  • Rented since February 2023 on 3 Ejari contracts, from AED 70,000 to AED 64,138 a year.
  • At AED 64,138 a year the gross yield on the 2018 price is 8.3%, 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 5 August 2025.

Questions about 411, Vera Residences

What did unit 411 last sell for?

AED 772,000 on 30 July 2018, sold by the developer: AED 1,617 per sqft for 477 sqft. It is the only registered sale of the unit.

What is the rent for unit 411?

AED 64,138 a year on the contract signed on 5 August 2025. The previous contract, from February 2024, was AED 75,000; the unit has been rented since February 2023.

How big is unit 411?

477 sqft (44.3 sqm): a one-bedroom apartment on the 4th floor of a 28-storey tower completed in 2022.

What is unit 411 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 411, Vera Residences

Starts from the last sale price (AED 772K, 30 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 772,000
Deposit, UAE resident (20%)
AED 154,400
Deposit, non-resident (40%)
AED 308,800
Monthly over 25 years at 3.7%
AED 3,158

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