1-bed · 513 sqftVera Residences, Business Bay · 5th floor · completed 2022

503, Vera Residences

Sold prices and rental history: sold 3 times, last in August 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 18 August 2026
Last soldAED 1.14M18 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Vera Residences

What is 503 worth today?

Last sold for AED 1,141,000 in 2026

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18 Aug 2026SoldReady
AED 1,141,000AED 2,225 per sqft
8 Apr 2026SoldReady
AED 1,150,000AED 2,242 per sqft
20 Mar 2018Sold by developerOff-plan
AED 768,000AED 1,623 per sqft

Source: Dubai Land Department. Updated 18 August 2026.

Key facts

Type
1-bed apartment
Size
513 sqft
Floor
5th of 28
Parking
B-011
Developer
DAMAC
Completed
2022
Service charge
AED 11,300 /yr
Last sold
AED 1.14M · August 2026

About 503, Vera Residences

503 is a one-bedroom apartment of 513 sqft on the 5th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 18 August 2026 for AED 1,141,000, or AED 2,225 per sqft, in line with the AED 2,261 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Vera Residences
500K1M2018202120242027Typical 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 768,000 (AED 1,623 per sqft)Sold, April 2026: AED 1,150,000 (AED 2,242 per sqft)Sold, August 2026: AED 1,141,000 (AED 2,225 per sqft)

503 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 503, 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 503 sits

All 293 1-beds →

503 last sold in August 2026 at AED 2,225 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 2,261). 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
4 Aug 20261,015,000
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 5th floor

All 522 units in Vera Residences
Value
5012-bedAED 1.29M · Apr 2018
5022-bedAED 1.28M · Jun 2019
5042-bedAED 1.31M · Jun 2018
5052-bedAED 1.27M · Jul 2018
5062-bedAED 1.26M · Oct 2018
5072-bedAED 1.27M · Jul 2018
5082-bedAED 1.25M · Jun 2018
1–7 of 21

503, Vera Residences in numbers

  • Sold 3 times: first on 20 March 2018 for AED 768,000, last on 18 August 2026 for AED 1,141,000 (AED 2,225 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 18 August 2026.

Questions about 503, Vera Residences

What did unit 503 last sell for?

AED 1,141,000 on 18 August 2026: AED 2,225 per sqft for 513 sqft. The unit has 3 registered sales; the first was AED 768,000 in March 2018.

How big is unit 503?

513 sqft (47.7 sqm): a one-bedroom apartment on the 5th floor of a 28-storey tower completed in 2022.

What is unit 503 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 503, Vera Residences

Starts from the last sale price (AED 1.14M, 18 August 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,141,000
Deposit, UAE resident (20%)
AED 228,200
Deposit, non-resident (40%)
AED 456,400
Monthly over 25 years at 3.7%
AED 4,668

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