
717, Vera Residences
Sold prices and rental history: sold once, by the developer in February 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 717, Vera Residences
What is 717 worth today?
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Source: Dubai Land Department. Updated 7 February 2018.
Key facts
- Type
- 1-bed apartment
- Size
- 474 sqft
- Floor
- 7th of 28
- Parking
- B-040
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 10,400 /yr
- Last sold
- AED 746K · February 2018
- Building
- Vera Residences
About 717, Vera Residences
717 is a one-bedroom apartment of 474 sqft on the 7th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 7 February 2018 for AED 746,000, or AED 1,574 per sqft, in line with the AED 1,563 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 717 over time
717 has sold once; the dashed line is the one-bed median of each year in the building.
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 717 sits
All 293 1-beds →717 last sold in February 2018 at AED 1,574 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,563). 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.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 475 sqft | 940,000 | 1,979 | ||
| 16 Oct 202616 October 2026 | 474 sqft | 1,000,000 | 2,107 | ||
| 19 Aug 202619 August 2026 | 513 sqft | 1,254,000 | 2,445 | ||
| 18 Aug 202618 August 2026 | 513 sqft | 1,141,000 | 2,225 |
Vera Residences
Building522 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%
Other units on the 7th floor
All 522 units in Vera Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 900 sqft | AED 1.27MAED 1,267,140 · Apr 2019April 2019 | ||
| 702 | 2-bed | 890 sqft | AED 1.23MAED 1,231,000 · Mar 2018March 2018 | 105,000 /yr | |
| 703 | 1-bed | 513 sqft | AED 920KAED 920,000 · Feb 2024February 2024 | 60,000 /yr | |
| 704 | 2-bed | 908 sqft | AED 1.4MAED 1,400,000 · Jul 2024July 2024 | 105,000 /yr | |
| 705 | 2-bed | 905 sqft | AED 1.65MAED 1,650,000 · Oct 2024October 2024 | 85,000 /yr | |
| 706 | 2-bed | 905 sqft | AED 1.19MAED 1,191,000 · Jul 2018July 2018 | 106,000 /yr | |
| 707 | 2-bed | 898 sqft | AED 1.17MAED 1,167,180 · Jul 2018July 2018 | 110,000 /yr | |
| 708 | 2-bed | 899 sqft | AED 1.17MAED 1,167,180 · Sep 2019September 2019 | 110,000 /yr | |
| 709 | 2-bed | 908 sqft | AED 1.18MAED 1,175,020 · Mar 2018March 2018 | 71,523 /yr | |
| 710 | 1-bed | 479 sqft | AED 749KAED 749,000 · Feb 2018February 2018 | 57,000 /yr | |
| 711 | 1-bed | 477 sqft | AED 718KAED 718,000 · Feb 2018February 2018 | 75,000 /yr | |
| 712 | 1-bed | 476 sqft | AED 880KAED 880,000 · May 2023May 2023 | 80,000 /yr | |
| 713 | 1-bed | 475 sqft | AED 721KAED 721,000 · Feb 2018February 2018 | 78,000 /yr | |
| 714 | 1-bed | 479 sqft | AED 794KAED 794,000 · Apr 2018April 2018 | 76,667 /yr | |
| 715 | 1-bed | 478 sqft | AED 756KAED 756,000 · Feb 2018February 2018 | 85,000 /yr | |
| 716 | 1-bed | 475 sqft | AED 746KAED 746,000 · Feb 2018February 2018 | 62,000 /yr | |
| 718 | 1-bed | 475 sqft | AED 746KAED 746,000 · Feb 2018February 2018 | 80,000 /yr | |
| 719 | 1-bed | 475 sqft | AED 746KAED 746,000 · Feb 2018February 2018 | 52,000 /yr | |
| 720 | 1-bed | 474 sqft | AED 746KAED 746,000 · Feb 2018February 2018 | ||
| 721 | 2-bed | 905 sqft | AED 1.23MAED 1,233,000 · Feb 2018February 2018 | 105,000 /yr |
717, Vera Residences in numbers
- Sold once: by DAMAC on 7 February 2018 for AED 746,000, or AED 1,574 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 7 February 2018.
Questions about 717, Vera Residences
What did unit 717 last sell for?
AED 746,000 on 7 February 2018, sold by the developer: AED 1,574 per sqft for 474 sqft. It is the only registered sale of the unit.
How big is unit 717?
474 sqft (44.0 sqm): a one-bedroom apartment on the 7th floor of a 28-storey tower completed in 2022.
What is unit 717 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 717, Vera Residences
Starts from the last sale price (AED 746K, 7 February 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 746,000
- Deposit, UAE resident (20%)
- AED 149,200
- Deposit, non-resident (40%)
- AED 298,400
- Monthly over 25 years at 3.7%
- AED 3,052
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →