2-bed · 900 sqftVera Residences, Business Bay · 6th floor · completed 2022

601, 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 December 2018, 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 601 · DLD and Ejari recordsUpdated 12 December 2018

Last soldAED 1.28M12 December 2018

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Today's valuefree after one verification

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Property timeline for 601, Vera Residences

Today

What is 601 worth today?

Last sold for AED 1,280,070 in 2018

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12 Dec 2018

12 Dec 2018Sold by developerOff-plan

AED 1,280,070AED 1,422 per sqft

Source: Dubai Land Department. Updated 12 December 2018.

Key facts

Type: 2-bed apartment
Size: 900 sqft
Floor: 6th of 28
Parking: P2-024
Developer: DAMAC
Completed: 2022
Service charge: AED 19,800 /yr
Last sold: AED 1.28M · December 2018
Building: Vera Residences

About 601, Vera Residences

601 is a two-bedroom apartment of 900 sqft on the 6th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 12 December 2018 for AED 1,280,070, or AED 1,422 per sqft, 4% above the AED 1,363 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 601 over time

Sales

Unit 601, each saleTypical two-bed in Vera Residences

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

Rents

Unit 601, each contractTypical two-bed in Vera Residences

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Vera Residences, and where 601 sits

All 225 2-beds →

2-beds in Vera Residences · last 12 months1,707 /sqft Vera Residences · all types2,097 /sqft

601 last sold in December 2018 at AED 1,422 per sqft, 4% above what two-beds in Vera Residences were fetching at the time (AED 1,363). Over the last 12 months two-beds sold for AED 500,000 to 2,118,000, around AED 1,707 per sqft, and rent for AED 45,000 to 140,700 a year.

Recent 2-bed sales	Size	Price (AED)	Per sqft
29 Oct 202629 October 2026	897 sqft	1,350,000	1,505
14 Sep 202614 September 2026	902 sqft	1,546,373	1,714
26 Aug 202626 August 2026	890 sqft	1,532,772	1,721
16 Jul 202616 July 2026	890 sqft	1,513,848	1,700

12 2-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 6th floor

All 522 units in Vera Residences


602	2-bed	890 sqft	AED 1.6MAED 1,600,000 · Sep 2023September 2023	90,000 /yr
603	1-bed	473 sqft	AED 796KAED 796,000 · Apr 2018April 2018	90,000 /yr
604	2-bed	908 sqft	AED 1.31MAED 1,310,000 · May 2018May 2018	105,000 /yr
605	2-bed	905 sqft	AED 1.27MAED 1,268,000 · Apr 2019April 2019	100,000 /yr
606	2-bed	905 sqft	AED 1.27MAED 1,267,000 · May 2018May 2018	88,000 /yr
607	2-bed	898 sqft	AED 1.26MAED 1,261,000 · May 2018May 2018	100,000 /yr
608	2-bed	899 sqft	AED 1.26MAED 1,260,000 · Aug 2018August 2018	100,000 /yr
609	2-bed	908 sqft	AED 1.28MAED 1,277,000 · Jul 2018July 2018
610	1-bed	479 sqft	AED 749KAED 749,000 · Mar 2018March 2018	57,845 /yr
611	1-bed	477 sqft	AED 795KAED 795,319 · Jun 2022June 2022	57,000 /yr
612	1-bed	476 sqft	AED 776KAED 776,000 · May 2018May 2018	75,000 /yr
613	1-bed	485 sqft	AED 1.05MAED 1,050,000 · Jul 2023July 2023	51,889 /yr
614	1-bed	485 sqft	AED 816KAED 816,000 · Jul 2022July 2022	71,667 /yr
615	1-bed	478 sqft	AED 1.08MAED 1,080,000 · Oct 2025October 2025	85,800 /yr
616	1-bed	475 sqft	AED 794KAED 794,000 · Oct 2018October 2018	75,000 /yr
617	1-bed	474 sqft	AED 786KAED 786,060 · Jul 2018July 2018	80,000 /yr
618	1-bed	475 sqft	AED 920KAED 920,000 · Aug 2023August 2023
619	1-bed	243 sqft	AED 770KAED 770,000 · Feb 2018February 2018	59,000 /yr
620	1-bed	474 sqft	AED 770KAED 770,000 · Feb 2018February 2018	58,000 /yr
621	2-bed	905 sqft	AED 1.3MAED 1,304,000 · Apr 2018April 2018	120,000 /yr

1–7 of 20

601, Vera Residences in numbers

Sold once: by DAMAC on 12 December 2018 for AED 1,280,070, or AED 1,422 per sqft.
Two-beds in Vera Residences sold for AED 500,000–2,118,000 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 12 December 2018.

Questions about 601, Vera Residences

What did unit 601 last sell for?

AED 1,280,070 on 12 December 2018, sold by the developer: AED 1,422 per sqft for 900 sqft. It is the only registered sale of the unit.

How big is unit 601?

900 sqft (83.6 sqm): a two-bedroom apartment on the 6th floor of a 28-storey tower completed in 2022.

What is unit 601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Vera Residences sold for AED 500,000 to 2,118,000 in the last 12 months, around AED 1,707 per sqft.

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Mortgage on 601, Vera Residences

Starts from the last sale price (AED 1.28M, 12 December 2018). Switch to today's estimate once you have unlocked it.

Price: AED 1,280,070
Deposit, UAE resident (20%): AED 256,014
Deposit, non-resident (40%): AED 512,028
Monthly over 25 years at 3.7%: AED 5,237

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