1-bed · 475 sqftVera Residences, Business Bay · 10th floor · completed 2022

1013, 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 once, by the developer in February 2018, and rented once, from December 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1013 · DLD and Ejari recordsUpdated 12 December 2022

Last soldAED 724K7 February 2018

Current rentAED 64K /yr12 December 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1013, Vera Residences

Today

What is 1013 worth today?

Last sold for AED 724,000 in 2018

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12 Dec 2022

12 Dec 2022RentedNew contract

AED 64,000/yr12 months · AED 132 per sqft

7 Feb 2018

7 Feb 2018Sold by developerOff-plan

AED 724,000AED 1,525 per sqft

Source: Dubai Land Department. Updated 12 December 2022.

Key facts

Type: 1-bed apartment
Size: 475 sqft
Floor: 10th of 28
Parking: B-074
Developer: DAMAC
Completed: 2022
Service charge: AED 10,500 /yr
Last sold: AED 724K · February 2018
Building: Vera Residences

About 1013, Vera Residences

1013 is a one-bedroom apartment of 475 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 7 February 2018 for AED 724,000, or AED 1,525 per sqft, in line with the AED 1,566 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 December 2022. The current contract, signed on 12 December 2022, is AED 64,000 a year: a gross yield of 8.8% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1013 over time

Sales

Unit 1013, each saleTypical one-bed in Vera Residences

1013 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1013, 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 1013 sits

All 283 1-beds →

1-beds in Vera Residences · last 12 months2,346 /sqft Vera Residences · all types1,668 /sqft

1013 last sold in February 2018 at AED 1,525 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,566). Over the last 12 months one-beds sold for AED 1,050,000 to 1,200,000, around AED 2,346 per sqft, and rent for AED 29,219 to 125,000 a year. 1013's AED 64,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
18 Dec 202518 December 2025	485 sqft	1,050,000	2,164
9 Jul 20259 July 2025	475 sqft	1,180,000	2,485
4 Jul 20254 July 2025	513 sqft	1,120,000	2,184
3 Jul 20253 July 2025	511 sqft	1,100,000	2,151

2 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. 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%

Vera Residences, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 522 units in Vera Residences


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
1007	2-bed	902 sqft	AED 1.19MAED 1,194,000 · Feb 2018February 2018
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
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

1–7 of 20

1013, Vera Residences in numbers

Sold once: by DAMAC on 7 February 2018 for AED 724,000, or AED 1,525 per sqft.
Rented since December 2022 on one Ejari contract, at AED 64,000 a year.
At AED 64,000 a year the gross yield on the 2018 price is 8.8%, before a service charge of about AED 10,500 a year (AED 22.04 per sqft).
One-beds in Vera Residences sold for AED 1,050,000–1,200,000 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 12 December 2022.

Questions about 1013, Vera Residences

What did unit 1013 last sell for?

AED 724,000 on 7 February 2018, sold by the developer: AED 1,525 per sqft for 475 sqft. It is the only registered sale of the unit.

What is the rent for unit 1013?

AED 64,000 a year on the contract signed on 12 December 2022.

How big is unit 1013?

475 sqft (44.1 sqm): a one-bedroom apartment on the 10th floor of a 28-storey tower completed in 2022.

What is unit 1013 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 1,050,000 to 1,200,000 in the last 12 months, around AED 2,346 per sqft.

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Mortgage on 1013, Vera Residences

Starts from the last sale price (AED 724K, 7 February 2018). Switch to today's estimate once you have unlocked it.

Price: AED 724,000
Deposit, UAE resident (20%): AED 144,800
Deposit, non-resident (40%): AED 289,600
Monthly over 25 years at 3.7%: AED 2,962

Plus AED 35,418 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →