1-bed · 474 sqftVera Residences, Business Bay · 6th floor · completed 2022

620, Vera Residences

Sold prices and rental history: sold once, by the developer in February 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 620 · DLD and Ejari recordsUpdated 15 June 2026
Last soldAED 770K26 February 2018
Current rentAED 58K /yr15 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 620, Vera Residences

What is 620 worth today?

Last sold for AED 770,000 in 2018

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15 Jun 2026RentedNew contract
AED 58,000/yr12 months · AED 122 per sqft
27 Sep 2022RentedNew contract
AED 72,000/yr12 months · AED 152 per sqft
26 Feb 2018Sold by developerOff-plan
AED 770,000AED 1,622 per sqft

Source: Dubai Land Department. Updated 15 June 2026.

Key facts

Type
1-bed apartment
Size
474 sqft
Floor
6th of 28
Parking
B-031
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 770K · February 2018

About 620, Vera Residences

620 is a one-bedroom apartment of 474 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 26 February 2018 for AED 770,000, or AED 1,622 per sqft, in line with the AED 1,575 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 15 June 2026, is AED 58,000 a year: a gross yield of 7.5% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 620 over time

Sales
Unit 620, 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, February 2018: AED 770,000 (AED 1,622 per sqft)

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

Rents
Unit 620, 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, September 2022: AED 72,000 a yearNew contract, June 2026: AED 58,000 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 620 sits

All 293 1-beds →

620 last sold in February 2018 at AED 1,622 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,575). 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. 620's AED 58,000 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

620, Vera Residences in numbers

  • Sold once: by DAMAC on 26 February 2018 for AED 770,000, or AED 1,622 per sqft.
  • Rented since September 2022 on 2 Ejari contracts, from AED 72,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2018 price is 7.5%, 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 15 June 2026.

Questions about 620, Vera Residences

What did unit 620 last sell for?

AED 770,000 on 26 February 2018, sold by the developer: AED 1,622 per sqft for 474 sqft. It is the only registered sale of the unit.

What is the rent for unit 620?

AED 58,000 a year on the contract signed on 15 June 2026. The previous contract, from September 2022, was AED 72,000.

How big is unit 620?

474 sqft (44.0 sqm): a one-bedroom apartment on the 6th floor of a 28-storey tower completed in 2022.

What is unit 620 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 620, Vera Residences

Starts from the last sale price (AED 770K, 26 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 770,000
Deposit, UAE resident (20%)
AED 154,000
Deposit, non-resident (40%)
AED 308,000
Monthly over 25 years at 3.7%
AED 3,150

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