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1-bed · 475 sqftVera Residences, Business Bay · 9th floor · completed 2022

916, Vera Residences

Sold prices and rental history: sold twice, last in May 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 916 · DLD and Ejari recordsUpdated 5 September 2026
Last soldAED 1.11M12 May 2025
Current rentAED 62K /yr5 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 916, Vera Residences

What is 916 worth today?

Last sold for AED 1,110,000 in 2025

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5 Sep 2026RentedNew contract
AED 62,000/yr12 months · AED 131 per sqft
24 Jan 2026RentedNew contract
AED 85,000/yr12 months · AED 179 per sqft
12 May 2025SoldReady
AED 1,110,000AED 2,337 per sqft
26 Oct 2022RentedNew contract
AED 57,000/yr12 months · AED 120 per sqft
14 Feb 2018Sold by developerOff-plan
AED 748,000AED 1,575 per sqft

Source: Dubai Land Department. Updated 5 September 2026.

Key facts

Type
1-bed apartment
Size
475 sqft
Floor
9th of 28
Parking
B-065
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 1.11M · May 2025
Building
Vera Residences

About 916, Vera Residences

916 is a one-bedroom apartment of 475 sqft on the 9th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 12 May 2025 for AED 1,110,000, or AED 2,337 per sqft, 6% above the AED 2,211 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 5 September 2026, is AED 62,000 a year: a gross yield of 5.6% on the 2025 price, before the service charge of about AED 10,500 a year.

Sales and rents for 916 over time

Sales
Unit 916, 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 748,000 (AED 1,575 per sqft)Sold, May 2025: AED 1,110,000 (AED 2,337 per sqft)

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

Rents
Unit 916, each contractTypical one-bed in Vera Residences
60K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000New contract, October 2022: AED 57,000 a yearNew contract, January 2026: AED 85,000 a yearNew contract, September 2026: AED 62,000 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 916 sits

All 293 1-beds →

916 last sold in May 2025 at AED 2,337 per sqft, 6% above what one-beds in Vera Residences were fetching at the time (AED 2,211). 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. 916's AED 62,000 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 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

916, Vera Residences in numbers

  • Sold twice: first on 14 February 2018 for AED 748,000, last on 12 May 2025 for AED 1,110,000 (AED 2,337 per sqft).
  • Rented since October 2022 on 3 Ejari contracts, from AED 57,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2025 price is 5.6%, 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 5 September 2026.

Questions about 916, Vera Residences

What did unit 916 last sell for?

AED 1,110,000 on 12 May 2025: AED 2,337 per sqft for 475 sqft. The unit has 2 registered sales; the first was AED 748,000 in February 2018.

What is the rent for unit 916?

AED 62,000 a year on the contract signed on 5 September 2026. The previous contract, from January 2026, was AED 85,000; the unit has been rented since October 2022.

How big is unit 916?

475 sqft (44.1 sqm): a one-bedroom apartment on the 9th floor of a 28-storey tower completed in 2022.

What is unit 916 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 916, Vera Residences

Starts from the last sale price (AED 1.11M, 12 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,110,000
Deposit, UAE resident (20%)
AED 222,000
Deposit, non-resident (40%)
AED 444,000
Monthly over 25 years at 3.7%
AED 4,541

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