1-bed · 475 sqftVera Residences, Business Bay · 4th floor · completed 2022

417, Vera Residences

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 417 · DLD and Ejari recordsUpdated 17 May 2022

Last soldAED 872K17 May 2022

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Today's valuefree after one verification

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Property timeline for 417, Vera Residences

Today

What is 417 worth today?

Last sold for AED 871,500 in 2022

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17 May 2022

17 May 2022Sold by developerOff-plan

AED 871,500AED 1,836 per sqft

Source: Dubai Land Department. Updated 17 May 2022.

Key facts

Type: 1-bed apartment
Size: 475 sqft
Floor: 4th of 28
Parking: B-010
Developer: DAMAC
Completed: 2022
Service charge: AED 10,500 /yr
Last sold: AED 872K · May 2022
Building: Vera Residences

About 417, Vera Residences

417 is a one-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 17 May 2022 for AED 871,500, or AED 1,836 per sqft, in line with the AED 1,836 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 417 over time

Sales

Unit 417, each saleTypical one-bed in Vera Residences

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

Rents

Unit 417, each contractTypical one-bed in Vera Residences

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 417 sits

All 293 1-beds →

1-beds in Vera Residences · last 12 months2,225 /sqft Vera Residences · all types2,097 /sqft

417 last sold in May 2022 at AED 1,836 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,836). 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 sales	Size	Price (AED)	Per sqft
19 Oct 202619 October 2026	475 sqft	940,000	1,979
16 Oct 202616 October 2026	474 sqft	1,000,000	2,107
19 Aug 202619 August 2026	513 sqft	1,254,000	2,445
18 Aug 202618 August 2026	513 sqft	1,141,000	2,225

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


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
416	2-bed	475 sqft	AED 1.04MAED 1,041,000 · Oct 2018October 2018	85,000 /yr

1–7 of 16

417, Vera Residences in numbers

Sold once: by DAMAC on 17 May 2022 for AED 871,500, or AED 1,836 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 17 May 2022.

Questions about 417, Vera Residences

What did unit 417 last sell for?

AED 871,500 on 17 May 2022, sold by the developer: AED 1,836 per sqft for 475 sqft. It is the only registered sale of the unit.

How big is unit 417?

475 sqft (44.1 sqm): a one-bedroom apartment on the 4th floor of a 28-storey tower completed in 2022.

What is unit 417 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 417, Vera Residences

Starts from the last sale price (AED 872K, 17 May 2022). Switch to today's estimate once you have unlocked it.

Price: AED 871,500
Deposit, UAE resident (20%): AED 174,300
Deposit, non-resident (40%): AED 348,600
Monthly over 25 years at 3.7%: AED 3,566

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