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1-bed · 477 sqftVera Residences, Business Bay · 6th floor · completed 2022

611, Vera Residences

Sold prices and rental history: sold once, by the developer in June 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 611 · DLD and Ejari recordsUpdated 18 September 2026
Last soldAED 795K22 June 2022
Current rentAED 57K /yr18 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 611, Vera Residences

What is 611 worth today?

Last sold for AED 795,319 in 2022

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18 Sep 2026RentedNew contract
AED 57,000/yr12 months · AED 120 per sqft
10 Aug 2024RentedRenewal
AED 71,500/yr12 months · AED 151 per sqft
10 Aug 2023RentedNew contract
AED 65,000/yr12 months · AED 137 per sqft
10 Aug 2022RentedNew contract
AED 62,000/yr12 months · AED 130 per sqft
22 Jun 2022Sold by developerOff-plan
AED 795,319AED 1,666 per sqft

Source: Dubai Land Department. Updated 18 September 2026.

Key facts

Type
1-bed apartment
Size
477 sqft
Floor
6th of 28
Parking
B-022
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 795K · June 2022
Building
Vera Residences

About 611, Vera Residences

611 is a one-bedroom apartment of 477 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 22 June 2022 for AED 795,319, or AED 1,666 per sqft, 9% below the AED 1,836 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 18 September 2026, is AED 57,000 a year: a gross yield of 7.2% on the 2022 price, before the service charge of about AED 10,500 a year.

Sales and rents for 611 over time

Sales
Unit 611, 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, June 2022: AED 795,319 (AED 1,666 per sqft)

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

Rents
Unit 611, each contractTypical one-bed in Vera Residences
60K70K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000New contract, August 2022: AED 62,000 a yearNew contract, August 2023: AED 65,000 a yearRenewal, August 2024: AED 71,500 a yearNew contract, September 2026: AED 57,000 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 611 sits

All 293 1-beds →

611 last sold in June 2022 at AED 1,666 per sqft, 9% below what one-beds in Vera Residences were fetching at the time (AED 1,836). 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. 611's AED 57,000 is in the lower 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
6031-bedAED 796K · Apr 2018
6042-bedAED 1.31M · May 2018
6052-bedAED 1.27M · Apr 2019
6062-bedAED 1.27M · May 2018
6072-bedAED 1.26M · May 2018
1–7 of 20

611, Vera Residences in numbers

  • Sold once: by DAMAC on 22 June 2022 for AED 795,319, or AED 1,666 per sqft.
  • Rented since August 2022 on 4 Ejari contracts, from AED 62,000 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2022 price is 7.2%, before a service charge of about AED 10,500 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 18 September 2026.

Questions about 611, Vera Residences

What did unit 611 last sell for?

AED 795,319 on 22 June 2022, sold by the developer: AED 1,666 per sqft for 477 sqft. It is the only registered sale of the unit.

What is the rent for unit 611?

AED 57,000 a year on the contract signed on 18 September 2026. The previous contract, from August 2024, was AED 71,500; the unit has been rented since August 2022.

How big is unit 611?

477 sqft (44.3 sqm): a one-bedroom apartment on the 6th floor of a 28-storey tower completed in 2022.

What is unit 611 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 611, Vera Residences

Starts from the last sale price (AED 795K, 22 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 795,319
Deposit, UAE resident (20%)
AED 159,064
Deposit, non-resident (40%)
AED 318,128
Monthly over 25 years at 3.7%
AED 3,254

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