1-bed · 473 sqftVera Residences, Business Bay · 8th floor · completed 2022

803, 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.

Unit 803 · DLD and Ejari recordsUpdated 8 February 2018
Last soldAED 746K8 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Vera Residences

What is 803 worth today?

Last sold for AED 746,000 in 2018

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8 Feb 2018Sold by developerOff-plan
AED 746,000AED 1,577 per sqft

Source: Dubai Land Department. Updated 8 February 2018.

Key facts

Type
1-bed apartment
Size
473 sqft
Floor
8th of 28
Parking
B-044
Developer
DAMAC
Completed
2022
Service charge
AED 10,400 /yr
Last sold
AED 746K · February 2018

About 803, Vera Residences

803 is a one-bedroom apartment of 473 sqft on the 8th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 8 February 2018 for AED 746,000, or AED 1,577 per sqft, in line with the AED 1,571 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 803 over time

Sales
Unit 803, 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 1,577 per sqft)

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

Rents
Unit 803, each contractTypical one-bed in Vera Residences
65K70K75K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000

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 803 sits

All 293 1-beds →

803 last sold in February 2018 at AED 1,577 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,571). 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 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 8th floor

All 522 units in Vera Residences
Value
8012-bedAED 1.3M · Sep 2019
8022-bedAED 1.5M · Apr 2024
8042-bedAED 1.42M · May 2022
8052-bedAED 1.2M · Feb 2018
8062-bedAED 1.2M · Apr 2023
8072-bedAED 1.6M · Aug 2024
8082-bedAED 1.19M · Mar 2018
1–7 of 20

803, Vera Residences in numbers

  • Sold once: by DAMAC on 8 February 2018 for AED 746,000, or AED 1,577 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 8 February 2018.

Questions about 803, Vera Residences

What did unit 803 last sell for?

AED 746,000 on 8 February 2018, sold by the developer: AED 1,577 per sqft for 473 sqft. It is the only registered sale of the unit.

How big is unit 803?

473 sqft (43.9 sqm): a one-bedroom apartment on the 8th floor of a 28-storey tower completed in 2022.

What is unit 803 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 803, Vera Residences

Starts from the last sale price (AED 746K, 8 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 →