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1-bed · 473 sqftVera Residences, Business Bay · 6th floor · completed 2022

603, Vera Residences

Sold prices and rental history: sold once, by the developer in April 2018, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 3 October 2026
Last soldAED 796K30 April 2018
Current rentAED 90K /yr3 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 603, Vera Residences

What is 603 worth today?

Last sold for AED 796,000 in 2018

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3 Oct 2026RentedRenewal
AED 90,000/yr12 months · AED 174 per sqft
3 Oct 2025RentedRenewal
AED 90,000/yr12 months · AED 174 per sqft
3 Oct 2024RentedRenewal
AED 85,000/yr12 months · AED 165 per sqft
30 Apr 2018Sold by developerOff-plan
AED 796,000AED 1,682 per sqft

Source: Dubai Land Department. Updated 3 October 2026.

Key facts

Type
1-bed apartment
Size
473 sqft
Floor
6th of 28
Parking
B-020
Developer
DAMAC
Completed
2022
Service charge
AED 10,400 /yr
Last sold
AED 796K · April 2018
Building
Vera Residences

About 603, Vera Residences

603 is a one-bedroom apartment of 473 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 30 April 2018 for AED 796,000, or AED 1,682 per sqft, 7% above the AED 1,578 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 3 October 2026, is AED 90,000 a year: a gross yield of 11.3% on the 2018 price, before the service charge of about AED 10,400 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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, April 2018: AED 796,000 (AED 1,682 per sqft)

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

Rents
Unit 603, each contractTypical one-bed in Vera Residences
80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000Renewal, October 2024: AED 85,000 a yearRenewal, October 2025: AED 90,000 a yearRenewal, October 2026: AED 90,000 a year

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 603 sits

All 293 1-beds →

603 last sold in April 2018 at AED 1,682 per sqft, 7% above what one-beds in Vera Residences were fetching at the time (AED 1,578). 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. 603's AED 90,000 is in the upper half of that range.

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 6th floor

All 522 units in Vera Residences
Value
6012-bedAED 1.28M · Dec 2018
6022-bedAED 1.6M · Sep 2023
6042-bedAED 1.31M · May 2018
6052-bedAED 1.27M · Apr 2019
6062-bedAED 1.27M · May 2018
6072-bedAED 1.26M · May 2018
6082-bedAED 1.26M · Aug 2018
1–7 of 20

603, Vera Residences in numbers

  • Sold once: by DAMAC on 30 April 2018 for AED 796,000, or AED 1,682 per sqft.
  • Rented since October 2024 on 3 Ejari contracts, from AED 85,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2018 price is 11.3%, before a service charge of about AED 10,400 a year (AED 22.04 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 3 October 2026.

Questions about 603, Vera Residences

What did unit 603 last sell for?

AED 796,000 on 30 April 2018, sold by the developer: AED 1,682 per sqft for 473 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 90,000 a year on the contract renewed on 3 October 2026. The previous contract, from October 2025, was AED 90,000; the unit has been rented since October 2024.

How big is unit 603?

473 sqft (43.9 sqm): a one-bedroom apartment on the 6th floor of a 28-storey tower completed in 2022.

What is unit 603 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 603, Vera Residences

Starts from the last sale price (AED 796K, 30 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 796,000
Deposit, UAE resident (20%)
AED 159,200
Deposit, non-resident (40%)
AED 318,400
Monthly over 25 years at 3.7%
AED 3,257

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