1-bed · 478 sqftVera Residences, Business Bay · 9th floor · completed 2022

915, Vera Residences

Sold prices and rental history: sold twice, last in June 2023, and rented once, from January 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 915 · DLD and Ejari recordsUpdated 23 June 2023
Last soldAED 950K23 June 2023
Current rentAED 95K /yr30 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 915, Vera Residences

What is 915 worth today?

Last sold for AED 950,000 in 2023

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23 Jun 2023SoldReady
AED 950,000AED 1,988 per sqft
30 Jan 2023RentedNew contract
AED 95,000/yr12 months · AED 201 per sqft
11 Feb 2018Sold by developerOff-plan
AED 758,000AED 1,586 per sqft

Source: Dubai Land Department. Updated 23 June 2023.

Key facts

Type
1-bed apartment
Size
478 sqft
Floor
9th of 28
Parking
B-064
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 950K · June 2023

About 915, Vera Residences

915 is a one-bedroom apartment of 478 sqft on the 9th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 23 June 2023 for AED 950,000, or AED 1,988 per sqft, 15% above the AED 1,724 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 January 2023. The current contract, signed on 30 January 2023, is AED 95,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 10,500 a year.

Sales and rents for 915 over time

Sales
Unit 915, 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 758,000 (AED 1,586 per sqft)Sold, June 2023: AED 950,000 (AED 1,988 per sqft)

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

Rents
Unit 915, each contractTypical one-bed in Vera Residences
60K80K100K202220242026Typical 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 95,000 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 915 sits

All 293 1-beds →

915 last sold in June 2023 at AED 1,988 per sqft, 15% above what one-beds in Vera Residences were fetching at the time (AED 1,724). 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. 915's AED 95,000 is in the upper 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 9th floor

All 522 units in Vera Residences
Value
9012-bedAED 1.3M · Jul 2018
9022-bedAED 1.8M · Jan 2025
9031-bedAED 747K · Feb 2018
9042-bedAED 1.42M · May 2022
9052-bedAED 1.2M · Mar 2018
9062-bedAED 1.19M · Feb 2018
9072-bedAED 1.19M · Feb 2018
1–7 of 20

915, Vera Residences in numbers

  • Sold twice: first on 11 February 2018 for AED 758,000, last on 23 June 2023 for AED 950,000 (AED 1,988 per sqft).
  • Rented since January 2023 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2023 price is 10.0%, 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 23 June 2023.

Questions about 915, Vera Residences

What did unit 915 last sell for?

AED 950,000 on 23 June 2023: AED 1,988 per sqft for 478 sqft. The unit has 2 registered sales; the first was AED 758,000 in February 2018.

What is the rent for unit 915?

AED 95,000 a year on the contract signed on 30 January 2023.

How big is unit 915?

478 sqft (44.4 sqm): a one-bedroom apartment on the 9th floor of a 28-storey tower completed in 2022.

What is unit 915 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 915, Vera Residences

Starts from the last sale price (AED 950K, 23 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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