1-bed · 474 sqftVera Residences, Business Bay · 8th floor · completed 2022

817, Vera Residences

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold twice, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 817 · DLD and Ejari recordsUpdated 7 November 2022

Last soldAED 825K7 November 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 817, Vera Residences

Today

What is 817 worth today?

Last sold for AED 825,000 in 2022

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7 Nov 2022

7 Nov 2022SoldReady

AED 825,000AED 1,740 per sqft

10 Jul 2018

10 Jul 2018Sold by developerOff-plan

AED 747,000AED 1,576 per sqft

Source: Dubai Land Department. Updated 7 November 2022.

Key facts

Type: 1-bed apartment
Size: 474 sqft
Floor: 8th of 28
Parking: B-052
Developer: DAMAC
Completed: 2022
Service charge: AED 10,400 /yr
Last sold: AED 825K · November 2022
Building: Vera Residences

About 817, Vera Residences

817 is a one-bedroom apartment of 474 sqft on the 8th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 7 November 2022 for AED 825,000, or AED 1,740 per sqft, 3% below the AED 1,794 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 817 over time

Sales

Unit 817, each saleTypical one-bed in Vera Residences

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

Rents

Unit 817, each contractTypical one-bed in Vera Residences

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 817 sits

All 293 1-beds →

1-beds in Vera Residences · last 12 months2,225 /sqft Vera Residences · all types2,097 /sqft

817 last sold in November 2022 at AED 1,740 per sqft, 3% below what one-beds in Vera Residences were fetching at the time (AED 1,794). 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	Size	Price (AED)	Per sqft
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

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


801	2-bed	900 sqft	AED 1.3MAED 1,296,000 · Sep 2019September 2019	93,000 /yr
802	2-bed	890 sqft	AED 1.5MAED 1,500,000 · Apr 2024April 2024	120,000 /yr
803	1-bed	473 sqft	AED 746KAED 746,000 · Feb 2018February 2018
804	2-bed	908 sqft	AED 1.42MAED 1,419,600 · May 2022May 2022	105,000 /yr
805	2-bed	892 sqft	AED 1.2MAED 1,200,000 · Feb 2018February 2018	100,000 /yr
806	2-bed	900 sqft	AED 1.2MAED 1,200,000 · Apr 2023April 2023	120,000 /yr
807	2-bed	902 sqft	AED 1.6MAED 1,600,000 · Aug 2024August 2024	100,000 /yr
808	2-bed	899 sqft	AED 1.19MAED 1,192,000 · Mar 2018March 2018	100,000 /yr
809	2-bed	908 sqft	AED 1.2MAED 1,200,000 · Feb 2018February 2018	105,000 /yr
810	1-bed	479 sqft	AED 857KAED 856,800 · Jul 2022July 2022
811	1-bed	477 sqft	AED 719KAED 719,000 · Feb 2018February 2018	70,000 /yr
812	1-bed	476 sqft	AED 717KAED 717,000 · Feb 2018February 2018	55,385 /yr
813	1-bed	475 sqft	AED 722KAED 722,000 · Feb 2018February 2018	58,000 /yr
814	1-bed	479 sqft	AED 733KAED 733,000 · Feb 2018February 2018
815	1-bed	478 sqft	AED 757KAED 757,000 · Feb 2018February 2018
816	1-bed	475 sqft	AED 801KAED 801,000 · Dec 2018December 2018	81,900 /yr
818	1-bed	475 sqft	AED 747KAED 747,000 · Feb 2018February 2018	62,000 /yr
819	1-bed	475 sqft	AED 747KAED 747,000 · Feb 2018February 2018	80,000 /yr
820	1-bed	474 sqft	AED 747KAED 747,000 · Feb 2018February 2018	75,000 /yr
821	2-bed	905 sqft	AED 1.23MAED 1,234,000 · Feb 2018February 2018	110,250 /yr

1–7 of 20

817, Vera Residences in numbers

Sold twice: first on 10 July 2018 for AED 747,000, last on 7 November 2022 for AED 825,000 (AED 1,740 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 November 2022.

Questions about 817, Vera Residences

What did unit 817 last sell for?

AED 825,000 on 7 November 2022: AED 1,740 per sqft for 474 sqft. The unit has 2 registered sales; the first was AED 747,000 in July 2018.

How big is unit 817?

474 sqft (44.0 sqm): a one-bedroom apartment on the 8th floor of a 28-storey tower completed in 2022.

What is unit 817 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 817, Vera Residences

Starts from the last sale price (AED 825K, 7 November 2022). Switch to today's estimate once you have unlocked it.

Price: AED 825,000
Deposit, UAE resident (20%): AED 165,000
Deposit, non-resident (40%): AED 330,000
Monthly over 25 years at 3.7%: AED 3,375

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