1-bed · 476 sqftVera Residences, Business Bay · 5th floor · completed 2022

519, Vera Residences

Sold prices and rental history: sold once, by the developer in February 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 519 · DLD and Ejari recordsUpdated 26 February 2018
Last soldAED 770K26 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 519, Vera Residences

What is 519 worth today?

Last sold for AED 770,000 in 2018

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26 Feb 2018Sold by developerOff-plan
AED 770,000AED 1,618 per sqft

Source: Dubai Land Department. Updated 26 February 2018.

Key facts

Type
1-bed apartment
Size
476 sqft
Floor
5th of 28
Parking
B-017
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 770K · February 2018

About 519, Vera Residences

519 is a one-bedroom apartment of 476 sqft on the 5th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 26 February 2018 for AED 770,000, or AED 1,618 per sqft, in line with the AED 1,575 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 519 over time

Sales
Unit 519, 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, February 2018: AED 770,000 (AED 1,618 per sqft)

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

Rents
Unit 519, 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 519 sits

All 293 1-beds →

519 last sold in February 2018 at AED 1,618 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,575). 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
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 5th floor

All 522 units in Vera Residences
Value
5012-bedAED 1.29M · Apr 2018
5022-bedAED 1.28M · Jun 2019
5031-bedAED 1.14M · Aug 2026
5042-bedAED 1.31M · Jun 2018
5052-bedAED 1.27M · Jul 2018
5062-bedAED 1.26M · Oct 2018
5072-bedAED 1.27M · Jul 2018
1–7 of 21

519, Vera Residences in numbers

  • Sold once: by DAMAC on 26 February 2018 for AED 770,000, or AED 1,618 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 26 February 2018.

Questions about 519, Vera Residences

What did unit 519 last sell for?

AED 770,000 on 26 February 2018, sold by the developer: AED 1,618 per sqft for 476 sqft. It is the only registered sale of the unit.

How big is unit 519?

476 sqft (44.2 sqm): a one-bedroom apartment on the 5th floor of a 28-storey tower completed in 2022.

What is unit 519 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 519, Vera Residences

Starts from the last sale price (AED 770K, 26 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 770,000
Deposit, UAE resident (20%)
AED 154,000
Deposit, non-resident (40%)
AED 308,000
Monthly over 25 years at 3.7%
AED 3,150

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