518, Vera Residences
Sold prices and rental history: sold twice, last in March 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 518, Vera Residences
What is 518 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 4 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 353 sqft
- Floor
- 5th of 28
- Parking
- B-002
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 7,800 /yr
- Last sold
- AED 800K · March 2025
- Building
- Vera Residences
About 518, Vera Residences
518 is a studio of 353 sqft on the 5th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 4 March 2025 for AED 800,000, or AED 2,264 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 518 over time
518 has sold twice; the dashed line is the studio median of each year in the building.
Studios in Vera Residences, and where 518 sits
All 4 studios →| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jul 202530 July 2025 | 358 sqft | 750,000 | 2,094 | ||
| 13 Feb 202513 February 2025 | 354 sqft | 870,000 | 2,455 | ||
| 20 May 201920 May 2019 | 318 sqft | 611,000 | 1,919 | ||
| 11 Sep 201811 September 2018 | 318 sqft | 629,000 | 1,976 |
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 5th floor
All 522 units in Vera Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 900 sqft | AED 1.29MAED 1,291,000 · Apr 2018April 2018 | ||
| 502 | 2-bed | 890 sqft | AED 1.28MAED 1,277,000 · Jun 2019June 2019 | ||
| 503 | 1-bed | 513 sqft | AED 1.14MAED 1,141,000 · Aug 2026August 2026 | ||
| 504 | 2-bed | 908 sqft | AED 1.31MAED 1,311,000 · Jun 2018June 2018 | 85,000 /yr | |
| 505 | 2-bed | 905 sqft | AED 1.27MAED 1,267,000 · Jul 2018July 2018 | ||
| 506 | 2-bed | 900 sqft | AED 1.26MAED 1,261,000 · Oct 2018October 2018 | ||
| 507 | 2-bed | 902 sqft | AED 1.27MAED 1,265,000 · Jul 2018July 2018 | 85,000 /yr | |
| 508 | 2-bed | 899 sqft | AED 1.25MAED 1,251,360 · Jun 2018June 2018 | 102,000 /yr | |
| 509 | 2-bed | 908 sqft | AED 1.25MAED 1,250,000 · Jul 2023July 2023 | 90,000 /yr | |
| 510 | 1-bed | 479 sqft | AED 749KAED 749,000 · Feb 2018February 2018 | 60,000 /yr | |
| 511 | 1-bed | 477 sqft | AED 742KAED 742,000 · Feb 2018February 2018 | 55,000 /yr | |
| 512 | 1-bed | 476 sqft | AED 740KAED 740,000 · Feb 2018February 2018 | 70,000 /yr | |
| 513 | 1-bed | 475 sqft | AED 745KAED 745,000 · Feb 2018February 2018 | 70,000 /yr | |
| 514 | 1-bed | 479 sqft | AED 756KAED 756,000 · Jul 2018July 2018 | 60,000 /yr | |
| 515 | Studio | 358 sqft | AED 750KAED 750,000 · Jul 2025July 2025 | 60,000 /yr | |
| 516 | Studio | 354 sqft | AED 870KAED 870,000 · Feb 2025February 2025 | ||
| 517 | Studio | 318 sqft | AED 611KAED 611,000 · May 2019May 2019 | 65,000 /yr | |
| 519 | 1-bed | 476 sqft | AED 770KAED 770,000 · Feb 2018February 2018 | ||
| 520 | 1-bed | 608 sqft | AED 860KAED 860,000 · Jun 2023June 2023 | ||
| 521 | 1-bed | 475 sqft | AED 770KAED 770,000 · Mar 2018March 2018 | 72,000 /yr | |
| 522 | 2-bed | 911 sqft | AED 1.31MAED 1,307,000 · Jun 2018June 2018 | 105,452 /yr |
518, Vera Residences in numbers
- Sold twice: first on 4 September 2018 for AED 622,710, last on 4 March 2025 for AED 800,000 (AED 2,264 per sqft).
Source: Dubai Land Department. Updated 4 March 2025.
Questions about 518, Vera Residences
What did unit 518 last sell for?
AED 800,000 on 4 March 2025: AED 2,264 per sqft for 353 sqft. The unit has 2 registered sales; the first was AED 622,710 in September 2018.
How big is unit 518?
353 sqft (32.8 sqm): a studio on the 5th floor of a 28-storey tower completed in 2022.
What is unit 518 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 518? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 518, Vera Residences
Starts from the last sale price (AED 800K, 4 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →