1-bed · 479 sqftVera Residences, Business Bay · 4th floor · completed 2022

415, Vera Residences

Sold prices and rental history: sold once, by the developer in May 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 415 · DLD and Ejari recordsUpdated 30 July 2026
Last soldAED 797K15 May 2018
Current rentAED 55K /yr30 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 415, Vera Residences

What is 415 worth today?

Last sold for AED 797,000 in 2018

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30 Jul 2026RentedNew contract
AED 55,000/yr12 months · AED 115 per sqft
18 Apr 2025RentedNew contract
AED 70,000/yr12 months · AED 146 per sqft
7 Oct 2024RentedNew contract
AED 76,000/yr12 months · AED 159 per sqft
30 Sep 2023RentedNew contract
AED 82,800/yr12 months · AED 173 per sqft
30 Sep 2022RentedNew contract
AED 72,000/yr12 months · AED 152 per sqft
15 May 2018Sold by developerOff-plan
AED 797,000AED 1,664 per sqft

Source: Dubai Land Department. Updated 30 July 2026.

Key facts

Type
1-bed apartment
Size
479 sqft
Floor
4th of 28
Parking
B-009
Developer
DAMAC
Completed
2022
Service charge
AED 10,600 /yr
Last sold
AED 797K · May 2018

About 415, Vera Residences

415 is a one-bedroom apartment of 479 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 15 May 2018 for AED 797,000, or AED 1,664 per sqft, 5% above the AED 1,582 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 30 July 2026, is AED 55,000 a year: a gross yield of 6.9% on the 2018 price, before the service charge of about AED 10,600 a year.

Sales and rents for 415 over time

Sales
Unit 415, 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, May 2018: AED 797,000 (AED 1,664 per sqft)

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

Rents
Unit 415, each contractTypical one-bed in Vera Residences
60K80K202220242026Typical 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 2022: AED 72,000 a yearNew contract, September 2023: AED 82,800 a yearNew contract, October 2024: AED 76,000 a yearNew contract, April 2025: AED 70,000 a yearNew contract, July 2026: AED 55,000 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 415 sits

All 293 1-beds →

415 last sold in May 2018 at AED 1,664 per sqft, 5% above what one-beds in Vera Residences were fetching at the time (AED 1,582). 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. 415's AED 55,000 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 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

415, Vera Residences in numbers

  • Sold once: by DAMAC on 15 May 2018 for AED 797,000, or AED 1,664 per sqft.
  • Rented since September 2022 on 5 Ejari contracts, from AED 72,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2018 price is 6.9%, before a service charge of about AED 10,600 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 30 July 2026.

Questions about 415, Vera Residences

What did unit 415 last sell for?

AED 797,000 on 15 May 2018, sold by the developer: AED 1,664 per sqft for 479 sqft. It is the only registered sale of the unit.

What is the rent for unit 415?

AED 55,000 a year on the contract signed on 30 July 2026. The previous contract, from April 2025, was AED 70,000; the unit has been rented since September 2022.

How big is unit 415?

479 sqft (44.5 sqm): a one-bedroom apartment on the 4th floor of a 28-storey tower completed in 2022.

What is unit 415 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 415, Vera Residences

Starts from the last sale price (AED 797K, 15 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 797,000
Deposit, UAE resident (20%)
AED 159,400
Deposit, non-resident (40%)
AED 318,800
Monthly over 25 years at 3.7%
AED 3,261

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