
1007, 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.
Property timeline for 1007, Vera Residences
What is 1007 worth today?
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Source: Dubai Land Department. Updated 5 February 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 902 sqft
- Floor
- 10th of 28
- Parking
- P1-075
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 19,900 /yr
- Last sold
- AED 1.19M · February 2018
- Building
- Vera Residences
About 1007, Vera Residences
1007 is a two-bedroom apartment of 902 sqft on the 10th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 5 February 2018 for AED 1,194,000, or AED 1,324 per sqft, in line with the AED 1,328 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1007 over time
1007 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Vera Residences, and where 1007 sits
All 218 2-beds →1007 last sold in February 2018 at AED 1,324 per sqft, in line with what two-beds in Vera Residences were fetching at the time (AED 1,328). Over the last 12 months two-beds sold for AED 1,450,000 to 1,500,000, around AED 1,657 per sqft, and rent for AED 85,000 to 135,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 902 sqft | 1,450,000 | 1,608 | ||
| 10 Dec 202510 December 2025 | 899 sqft | 1,500,000 | 1,668 | ||
| 21 Jul 202521 July 2025 | 899 sqft | 1,500,000 | 1,668 | ||
| 8 Jul 20258 July 2025 | 900 sqft | 1,496,699 | 1,662 |
Vera Residences
Building522 apartments, studios to 2-bed over 28 floors in Business Bay, completed in 2022 by DAMAC. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,668
- Typical sale
- AED 1.45M
- Typical rent
- AED 85K /yr
- Typical yield
- 9.0%
Other units on the 10th floor
All 522 units in Vera Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 900 sqft | AED 1.46MAED 1,456,000 · Jul 2024July 2024 | 99,750 /yr | |
| 1002 | 2-bed | 890 sqft | AED 1.23MAED 1,234,000 · Feb 2018February 2018 | 135,000 /yr | |
| 1003 | 1-bed | 513 sqft | AED 877KAED 877,100 · Aug 2022August 2022 | 85,000 /yr | |
| 1004 | 2-bed | 908 sqft | AED 1.42MAED 1,422,750 · Feb 2022February 2022 | 105,000 /yr | |
| 1005 | 2-bed | 905 sqft | AED 1.29MAED 1,290,464 · May 2022May 2022 | ||
| 1006 | 2-bed | 900 sqft | AED 1.29MAED 1,293,600 · May 2022May 2022 | 105,000 /yr | |
| 1008 | 2-bed | 899 sqft | AED 1.17MAED 1,170,120 · Feb 2018February 2018 | 108,000 /yr | |
| 1009 | 2-bed | 908 sqft | AED 1.2MAED 1,202,000 · Feb 2018February 2018 | 110,000 /yr | |
| 1010 | 1-bed | 479 sqft | AED 861KAED 861,000 · May 2022May 2022 | 73,500 /yr | |
| 1011 | 1-bed | 477 sqft | AED 804KAED 803,551 · Jun 2022June 2022 | ||
| 1012 | 1-bed | 476 sqft | AED 1.09MAED 1,085,000 · Mar 2024March 2024 | ||
| 1013 | 1-bed | 475 sqft | AED 724KAED 724,000 · Feb 2018February 2018 | 64,000 /yr | |
| 1014 | 1-bed | 479 sqft | AED 735KAED 735,000 · Feb 2018February 2018 | 7,000 /yr | |
| 1015 | 1-bed | 478 sqft | AED 759KAED 759,000 · Feb 2018February 2018 | 70,000 /yr | |
| 1016 | 1-bed | 475 sqft | AED 940KAED 940,000 · Feb 2024February 2024 | ||
| 1017 | 1-bed | 475 sqft | AED 749KAED 749,000 · Feb 2018February 2018 | 73,500 /yr | |
| 1018 | 1-bed | 475 sqft | AED 829KAED 829,000 · Jul 2022July 2022 | 80,000 /yr | |
| 1019 | 1-bed | 475 sqft | AED 825KAED 825,000 · Jun 2023June 2023 | ||
| 1020 | 1-bed | 474 sqft | AED 740KAED 740,000 · May 2023May 2023 | 75,000 /yr | |
| 1021 | 2-bed | 905 sqft | AED 1.42MAED 1,419,600 · Mar 2022March 2022 | 118,000 /yr |
1007, Vera Residences in numbers
- Sold once: by DAMAC on 5 February 2018 for AED 1,194,000, or AED 1,324 per sqft.
- Two-beds in Vera Residences sold for AED 1,450,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,668 per sqft.
Source: Dubai Land Department. Updated 5 February 2018.
Questions about 1007, Vera Residences
What did unit 1007 last sell for?
AED 1,194,000 on 5 February 2018, sold by the developer: AED 1,324 per sqft for 902 sqft. It is the only registered sale of the unit.
How big is unit 1007?
902 sqft (83.8 sqm): a two-bedroom apartment on the 10th floor of a 28-storey tower completed in 2022.
What is unit 1007 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Vera Residences sold for AED 1,450,000 to 1,500,000 in the last 12 months, around AED 1,657 per sqft.
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Mortgage on 1007, Vera Residences
Starts from the last sale price (AED 1.19M, 5 February 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,194,000
- Deposit, UAE resident (20%)
- AED 238,800
- Deposit, non-resident (40%)
- AED 477,600
- Monthly over 25 years at 3.7%
- AED 4,885
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →