1-bed · 608 sqftVera Residences, Business Bay · 5th floor · completed 2022

520, 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 twice, last in June 2023, 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 520 · DLD and Ejari recordsUpdated 9 June 2023

Last soldAED 860K9 June 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 520, Vera Residences

Today

What is 520 worth today?

Last sold for AED 860,000 in 2023

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9 Jun 2023

9 Jun 2023SoldReady

AED 860,000AED 1,415 per sqft

7 Mar 2018

7 Mar 2018Sold by developerOff-plan

AED 770,000AED 1,622 per sqft

Source: Dubai Land Department. Updated 9 June 2023.

Key facts

Type: 1-bed apartment
Size: 608 sqft
Floor: 5th of 28
Parking: B-018
Developer: DAMAC
Completed: 2022
Service charge: AED 13,400 /yr
Last sold: AED 860K · June 2023
Building: Vera Residences

About 520, Vera Residences

520 is a one-bedroom apartment of 608 sqft on the 5th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 9 June 2023 for AED 860,000, or AED 1,415 per sqft, 16% below the AED 1,693 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 520 over time

Sales

Unit 520, each saleTypical one-bed in Vera Residences

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

Rents

Unit 520, 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 520 sits

All 293 1-beds →

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

520 last sold in June 2023 at AED 1,415 per sqft, 16% below what one-beds in Vera Residences were fetching at the time (AED 1,693). 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 5th floor

All 522 units in Vera Residences


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
518	Studio	353 sqft	AED 800KAED 800,000 · Mar 2025March 2025
519	1-bed	476 sqft	AED 770KAED 770,000 · Feb 2018February 2018
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

1–7 of 21

520, Vera Residences in numbers

Sold twice: first on 7 March 2018 for AED 770,000, last on 9 June 2023 for AED 860,000 (AED 1,415 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 9 June 2023.

Questions about 520, Vera Residences

What did unit 520 last sell for?

AED 860,000 on 9 June 2023: AED 1,415 per sqft for 608 sqft. The unit has 2 registered sales; the first was AED 770,000 in March 2018.

How big is unit 520?

608 sqft (56.5 sqm): a one-bedroom apartment on the 5th floor of a 28-storey tower completed in 2022.

What is unit 520 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 520, Vera Residences

Starts from the last sale price (AED 860K, 9 June 2023). Switch to today's estimate once you have unlocked it.

Price: AED 860,000
Deposit, UAE resident (20%): AED 172,000
Deposit, non-resident (40%): AED 344,000
Monthly over 25 years at 3.7%: AED 3,519

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