416, Vera Residences
Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 416, Vera Residences
What is 416 worth today?
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Source: Dubai Land Department. Updated 3 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 475 sqft
- Floor
- 4th of 28
- Parking
- P2-014
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1.04M · October 2018
- Building
- Vera Residences
About 416, Vera Residences
416 is a two-bedroom apartment of 475 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 1 October 2018 for AED 1,041,000, or AED 2,193 per sqft, 61% above the AED 1,362 two-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 3 October 2026, is AED 85,000 a year: a gross yield of 8.2% on the 2018 price, before the service charge of about AED 10,500 a year.
Sales and rents for 416 over time
416 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Vera Residences, and where 416 sits
All 225 2-beds →416 last sold in October 2018 at AED 2,193 per sqft, 61% above what two-beds in Vera Residences were fetching at the time (AED 1,362). Over the last 12 months two-beds sold for AED 500,000 to 2,118,000, around AED 1,707 per sqft, and rent for AED 45,000 to 140,700 a year. 416's AED 85,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 897 sqft | 1,350,000 | 1,505 | ||
| 14 Sep 202614 September 2026 | 902 sqft | 1,546,373 | 1,714 | ||
| 26 Aug 202626 August 2026 | 890 sqft | 1,532,772 | 1,721 | ||
| 16 Jul 202616 July 2026 | 890 sqft | 1,513,848 | 1,700 |
Vera Residences
Building522 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%
Other units on the 4th floor
All 522 units in Vera Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 900 sqft | AED 1.29MAED 1,289,000 · Jul 2019July 2019 | ||
| 402 | 2-bed | 890 sqft | AED 1.28MAED 1,275,000 · Aug 2018August 2018 | 106,000 /yr | |
| 403 | 1-bed | 473 sqft | AED 780KAED 780,000 · Mar 2018March 2018 | ||
| 404 | 2-bed | 908 sqft | AED 1.27MAED 1,274,980 · Oct 2019October 2019 | 85,000 /yr | |
| 405 | 2-bed | 907 sqft | AED 1.32MAED 1,322,000 · Mar 2019March 2019 | 106,722 /yr | |
| 406 | 2-bed | 997 sqft | AED 1.57MAED 1,571,920 · Jul 2022July 2022 | 85,000 /yr | |
| 407 | 2-bed | 1,043 sqft | AED 1.7MAED 1,700,000 · Mar 2025March 2025 | 115,000 /yr | |
| 408 | 2-bed | 901 sqft | AED 1.48MAED 1,483,000 · Jul 2019July 2019 | 100,000 /yr | |
| 409 | 2-bed | 906 sqft | AED 1.52MAED 1,522,000 · Oct 2018October 2018 | ||
| 410 | 1-bed | 479 sqft | AED 775KAED 775,000 · Mar 2018March 2018 | ||
| 411 | 1-bed | 477 sqft | AED 772KAED 772,000 · Jul 2018July 2018 | 64,138 /yr | |
| 412 | 1-bed | 476 sqft | AED 1.2MAED 1,195,000 · Jun 2024June 2024 | 70,000 /yr | |
| 413 | 1-bed | 485 sqft | AED 1.06MAED 1,060,000 · Jan 2024January 2024 | 67,000 /yr | |
| 414 | 1-bed | 481 sqft | AED 1.25MAED 1,250,000 · Nov 2024November 2024 | ||
| 415 | 1-bed | 479 sqft | AED 797KAED 797,000 · May 2018May 2018 | 55,000 /yr | |
| 417 | 1-bed | 475 sqft | AED 872KAED 871,500 · May 2022May 2022 |
416, Vera Residences in numbers
- Sold once: by DAMAC on 1 October 2018 for AED 1,041,000, or AED 2,193 per sqft.
- Rented since November 2022 on 5 Ejari contracts, from AED 120,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2018 price is 8.2%, before a service charge of about AED 10,500 a year (AED 22.04 per sqft).
- Two-beds in Vera Residences sold for AED 500,000–2,118,000 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 3 October 2026.
Questions about 416, Vera Residences
What did unit 416 last sell for?
AED 1,041,000 on 1 October 2018, sold by the developer: AED 2,193 per sqft for 475 sqft. It is the only registered sale of the unit.
What is the rent for unit 416?
AED 85,000 a year on the contract signed on 3 October 2026. The previous contract, from September 2025, was AED 104,000; the unit has been rented since November 2022.
How big is unit 416?
475 sqft (44.1 sqm): a two-bedroom apartment on the 4th floor of a 28-storey tower completed in 2022.
What is unit 416 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Vera Residences sold for AED 500,000 to 2,118,000 in the last 12 months, around AED 1,707 per sqft.
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Mortgage on 416, Vera Residences
Starts from the last sale price (AED 1.04M, 1 October 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,041,000
- Deposit, UAE resident (20%)
- AED 208,200
- Deposit, non-resident (40%)
- AED 416,400
- Monthly over 25 years at 3.7%
- AED 4,259
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →