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

1019, Vera Residences

Sold prices and rental history: sold twice, last in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1019 · DLD and Ejari recordsUpdated 22 June 2023
Last soldAED 825K22 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1019, Vera Residences

What is 1019 worth today?

Last sold for AED 825,000 in 2023

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22 Jun 2023SoldReady
AED 825,000AED 1,737 per sqft
9 May 2022Sold by developerOff-plan
AED 871,500AED 1,835 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 June 2023.

Key facts

Type
1-bed apartment
Size
475 sqft
Floor
10th of 28
Parking
B-080
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 825K · June 2023

About 1019, Vera Residences

1019 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. It last sold on 22 June 2023 for AED 825,000, or AED 1,737 per sqft, in line with the AED 1,737 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1019 over time

Sales
Unit 1019, each saleTypical one-bed in Vera Residences
800K1M20182020202220242026Typical sale price by year: 2018 AED 753,000; 2019 AED 741,560; 2022 AED 856,489; 2023 AED 900,000; 2024 AED 1,087,500; 2025 AED 1,090,000Sold by developer, May 2022: AED 871,500 (AED 1,835 per sqft)Sold, June 2023: AED 825,000 (AED 1,737 per sqft)

1019 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1019, each contractTypical one-bed in Vera Residences
70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 80,000

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 1019 sits

All 283 1-beds →

1019 last sold in June 2023 at AED 1,737 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,737). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Dec 20251,050,000
9 Jul 20251,180,000
4 Jul 20251,120,000
3 Jul 20251,100,000
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
Value
10012-bedAED 1.46M · Jul 2024
10022-bedAED 1.23M · Feb 2018
10031-bedAED 877K · Aug 2022
10042-bedAED 1.42M · Feb 2022
10052-bedAED 1.29M · May 2022
10062-bedAED 1.29M · May 2022
10072-bedAED 1.19M · Feb 2018
1–7 of 20

1019, Vera Residences in numbers

  • Sold twice: first on 9 May 2022 for AED 871,500, last on 22 June 2023 for AED 825,000 (AED 1,737 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: YallaValue analysis of Dubai Land Department records. Updated 22 June 2023.

Questions about 1019, Vera Residences

What did unit 1019 last sell for?

AED 825,000 on 22 June 2023: AED 1,737 per sqft for 475 sqft. The unit has 2 registered sales; the first was AED 871,500 in May 2022.

How big is unit 1019?

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

What is unit 1019 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 1019, Vera Residences

Starts from the last sale price (AED 825K, 22 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 825,000
Deposit, UAE resident (20%)
AED 165,000
Deposit, non-resident (40%)
AED 330,000
Monthly over 25 years at 3.7%
AED 3,375

Plus AED 39,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →