1-bed · 475 sqftVera Residences, Business Bay · 7th floor · completed 2022

719, Vera Residences

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 719 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 746K13 February 2018
Current rentAED 52K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 719, Vera Residences

What is 719 worth today?

Last sold for AED 746,000 in 2018

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15 Sep 2026RentedRenewal
AED 52,000/yr12 months · AED 110 per sqft
15 Sep 2025RentedNew contract
AED 70,000/yr12 months · AED 147 per sqft
28 Jul 2024RentedRenewal
AED 71,500/yr12 months · AED 151 per sqft
28 Jul 2023RentedNew contract
AED 65,000/yr12 months · AED 137 per sqft
3 Jan 2023RentedNew contract
AED 64,000/yr12 months · AED 135 per sqft
13 Feb 2018Sold by developerOff-plan
AED 746,000AED 1,571 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
1-bed apartment
Size
475 sqft
Floor
7th of 28
Parking
B-042
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 746K · February 2018

About 719, Vera Residences

719 is a one-bedroom apartment of 475 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 13 February 2018 for AED 746,000, or AED 1,571 per sqft, in line with the AED 1,572 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 15 September 2026, is AED 52,000 a year: a gross yield of 7.0% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 719 over time

Sales
Unit 719, 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 746,000 (AED 1,571 per sqft)

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

Rents
Unit 719, each contractTypical one-bed in Vera Residences
60K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000New contract, January 2023: AED 64,000 a yearNew contract, July 2023: AED 65,000 a yearRenewal, July 2024: AED 71,500 a yearNew contract, September 2025: AED 70,000 a yearRenewal, September 2026: AED 52,000 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 719 sits

All 293 1-beds →

719 last sold in February 2018 at AED 1,571 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,572). 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. 719's AED 52,000 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 7th floor

All 522 units in Vera Residences
Value
7012-bedAED 1.27M · Apr 2019
7022-bedAED 1.23M · Mar 2018
7031-bedAED 920K · Feb 2024
7042-bedAED 1.4M · Jul 2024
7052-bedAED 1.65M · Oct 2024
7062-bedAED 1.19M · Jul 2018
7072-bedAED 1.17M · Jul 2018
1–7 of 20

719, Vera Residences in numbers

  • Sold once: by DAMAC on 13 February 2018 for AED 746,000, or AED 1,571 per sqft.
  • Rented since January 2023 on 5 Ejari contracts, from AED 64,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2018 price is 7.0%, 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 September 2026.

Questions about 719, Vera Residences

What did unit 719 last sell for?

AED 746,000 on 13 February 2018, sold by the developer: AED 1,571 per sqft for 475 sqft. It is the only registered sale of the unit.

What is the rent for unit 719?

AED 52,000 a year on the contract renewed on 15 September 2026. The previous contract, from September 2025, was AED 70,000; the unit has been rented since January 2023.

How big is unit 719?

475 sqft (44.1 sqm): a one-bedroom apartment on the 7th floor of a 28-storey tower completed in 2022.

What is unit 719 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 719, Vera Residences

Starts from the last sale price (AED 746K, 13 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 →