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1-bed · 478 sqftVera Residences, Business Bay · 6th floor · completed 2022

615, Vera Residences

Sold prices and rental history: sold twice, last in October 2025, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 615 · DLD and Ejari recordsUpdated 17 October 2025
Last soldAED 1.08M17 October 2025
Current rentAED 86K /yr15 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 615, Vera Residences

What is 615 worth today?

Last sold for AED 1,080,000 in 2025

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17 Oct 2025SoldReady
AED 1,080,000AED 2,261 per sqft
15 Apr 2025RentedNew contract
AED 85,800/yr12 months · AED 180 per sqft
15 Apr 2024RentedRenewal
AED 78,000/yr12 months · AED 165 per sqft
15 Apr 2023RentedNew contract
AED 75,000/yr12 months · AED 158 per sqft
13 Aug 2018Sold by developerOff-plan
AED 799,000AED 1,672 per sqft

Source: Dubai Land Department. Updated 17 October 2025.

Key facts

Type
1-bed apartment
Size
478 sqft
Floor
6th of 28
Parking
B-026
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 1.08M · October 2025
Building
Vera Residences

About 615, Vera Residences

615 is a one-bedroom apartment of 478 sqft on the 6th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 17 October 2025 for AED 1,080,000, or AED 2,261 per sqft, in line with the AED 2,264 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 15 April 2025, is AED 85,800 a year: a gross yield of 7.9% on the 2025 price, before the service charge of about AED 10,500 a year.

Sales and rents for 615 over time

Sales
Unit 615, 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, August 2018: AED 799,000 (AED 1,672 per sqft)Sold, October 2025: AED 1,080,000 (AED 2,261 per sqft)

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

Rents
Unit 615, each contractTypical one-bed in Vera Residences
70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000New contract, April 2023: AED 75,000 a yearRenewal, April 2024: AED 78,000 a yearNew contract, April 2025: AED 85,800 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 615 sits

All 293 1-beds →

615 last sold in October 2025 at AED 2,261 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 2,264). 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. 615's AED 85,800 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
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

615, Vera Residences in numbers

  • Sold twice: first on 13 August 2018 for AED 799,000, last on 17 October 2025 for AED 1,080,000 (AED 2,261 per sqft).
  • Rented since April 2023 on 3 Ejari contracts, from AED 75,000 to AED 85,800 a year.
  • At AED 85,800 a year the gross yield on the 2025 price is 7.9%, 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 17 October 2025.

Questions about 615, Vera Residences

What did unit 615 last sell for?

AED 1,080,000 on 17 October 2025: AED 2,261 per sqft for 478 sqft. The unit has 2 registered sales; the first was AED 799,000 in August 2018.

What is the rent for unit 615?

AED 85,800 a year on the contract signed on 15 April 2025. The previous contract, from April 2024, was AED 78,000; the unit has been rented since April 2023.

How big is unit 615?

478 sqft (44.4 sqm): a one-bedroom apartment on the 6th floor of a 28-storey tower completed in 2022.

What is unit 615 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 615, Vera Residences

Starts from the last sale price (AED 1.08M, 17 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,080,000
Deposit, UAE resident (20%)
AED 216,000
Deposit, non-resident (40%)
AED 432,000
Monthly over 25 years at 3.7%
AED 4,419

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