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

918, 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 918 · DLD and Ejari recordsUpdated 20 March 2025
Last soldAED 748K8 February 2018
Current rentAED 74K /yr20 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 918, Vera Residences

What is 918 worth today?

Last sold for AED 748,000 in 2018

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20 Mar 2025RentedRenewal
AED 73,720/yr3 months · AED 156 per sqft
20 Mar 2025RentedRenewal
AED 73,720/yr3 months · AED 156 per sqft
20 Mar 2024RentedRenewal
AED 75,000/yr12 months · AED 158 per sqft
20 Mar 2023RentedNew contract
AED 71,000/yr12 months · AED 150 per sqft
8 Feb 2018Sold by developerOff-plan
AED 748,000AED 1,575 per sqft

Source: Dubai Land Department. Updated 20 March 2025.

Key facts

Type
1-bed apartment
Size
475 sqft
Floor
9th of 28
Parking
B-067
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 748K · February 2018

About 918, Vera Residences

918 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. The developer sold it on 8 February 2018 for AED 748,000, or AED 1,575 per sqft, in line with the AED 1,571 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 20 March 2025, is AED 73,720 a year: a gross yield of 9.9% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 918 over time

Sales
Unit 918, 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)

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

Rents
Unit 918, 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 67,000New contract, March 2023: AED 71,000 a yearRenewal, March 2024: AED 75,000 a yearRenewal, March 2025: AED 73,720 a yearRenewal, March 2025: AED 73,720 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 918 sits

All 293 1-beds →

918 last sold in February 2018 at AED 1,575 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. 918's AED 73,720 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

918, Vera Residences in numbers

  • Sold once: by DAMAC on 8 February 2018 for AED 748,000, or AED 1,575 per sqft.
  • Rented since March 2023 on 4 Ejari contracts, from AED 71,000 to AED 73,720 a year.
  • At AED 73,720 a year the gross yield on the 2018 price is 9.9%, 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 20 March 2025.

Questions about 918, Vera Residences

What did unit 918 last sell for?

AED 748,000 on 8 February 2018, sold by the developer: AED 1,575 per sqft for 475 sqft. It is the only registered sale of the unit.

What is the rent for unit 918?

AED 73,720 a year on the contract renewed on 20 March 2025. The previous contract, from March 2025, was AED 73,720; the unit has been rented since March 2023.

How big is unit 918?

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

What is unit 918 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 918, Vera Residences

Starts from the last sale price (AED 748K, 8 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 748,000
Deposit, UAE resident (20%)
AED 149,600
Deposit, non-resident (40%)
AED 299,200
Monthly over 25 years at 3.7%
AED 3,060

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