1-bed · 476 sqftVera Residences, Business Bay · 11th floor · completed 2022

1112, 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 September 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1112 · DLD and Ejari recordsUpdated 11 February 2025

Last soldAED 627K4 September 2018

Current rentAED 76K /yr11 February 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1112, Vera Residences

Today

What is 1112 worth today?

Last sold for AED 626,901 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 Feb 2025

11 Feb 2025RentedNew contract

AED 76,000/yr12 months · AED 160 per sqft

10 Oct 2023

10 Oct 2023RentedNew contract

AED 70,000/yr12 months · AED 147 per sqft

11 Aug 2022

11 Aug 2022RentedNew contract

AED 60,000/yr12 months · AED 127 per sqft

4 Sep 2018

4 Sep 2018Sold by developerOff-plan

AED 626,901AED 1,317 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 February 2025.

Key facts

Type: 1-bed apartment
Size: 476 sqft
Floor: 11th of 28
Parking: B-085
Developer: DAMAC
Completed: 2022
Service charge: AED 10,500 /yr
Last sold: AED 627K · September 2018
Building: Vera Residences

About 1112, Vera Residences

1112 is a one-bedroom apartment of 476 sqft on the 11th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 4 September 2018 for AED 626,901, or AED 1,317 per sqft, 17% below the AED 1,583 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 11 February 2025, is AED 76,000 a year: a gross yield of 12.1% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1112 over time

Sales

Unit 1112, each saleTypical one-bed in Vera Residences

1112 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1112, 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 1112 sits

All 283 1-beds →

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

1112 last sold in September 2018 at AED 1,317 per sqft, 17% below what one-beds in Vera Residences were fetching at the time (AED 1,583). 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. 1112's AED 76,000 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 11th floor

All 522 units in Vera Residences


1101	2-bed	900 sqft	AED 1.2MAED 1,200,562 · May 2018May 2018	110,000 /yr
1102	2-bed	890 sqft	AED 1.2MAED 1,204,555 · May 2018May 2018	110,000 /yr
1103	1-bed	513 sqft	AED 975KAED 975,000 · Oct 2023October 2023
1104	2-bed	908 sqft	AED 1.31MAED 1,312,000 · Jun 2019June 2019	110,000 /yr
1105	2-bed	905 sqft	AED 1.46MAED 1,462,291 · Nov 2024November 2024	118,000 /yr
1106	2-bed	900 sqft	AED 1.4MAED 1,400,000 · Oct 2024October 2024	95,000 /yr
1107	2-bed	902 sqft	AED 1.4MAED 1,400,000 · Nov 2024November 2024	116,000 /yr
1108	2-bed	899 sqft	AED 1.2MAED 1,200,562 · Aug 2018August 2018	78,000 /yr
1109	2-bed	908 sqft	AED 1.64MAED 1,637,000 · Jul 2023July 2023
1110	1-bed	479 sqft	AED 863KAED 863,100 · Apr 2022April 2022	70,000 /yr
1111		477 sqft	AED 1.1MAED 1,100,000 · Sep 2025September 2025
1113		485 sqft	AED 1.08MAED 1,075,000 · Aug 2025August 2025	65,000 /yr
1114	1-bed	479 sqft	AED 640KAED 640,211 · Sep 2018September 2018	58,000 /yr
1115	1-bed	478 sqft	AED 640KAED 640,211 · May 2018May 2018	83,000 /yr
1116	1-bed	475 sqft	AED 632KAED 632,225 · Feb 2018February 2018
1117	1-bed	475 sqft	AED 632KAED 632,225 · Sep 2018September 2018	73,333 /yr
1118		475 sqft	AED 1.1MAED 1,100,000 · Sep 2025September 2025	75,000 /yr
1119		475 sqft	AED 1.01MAED 1,010,000 · Aug 2025August 2025
1120	1-bed	474 sqft	AED 910KAED 910,000 · Nov 2023November 2023
1121	2-bed	905 sqft	AED 1.21MAED 1,205,886 · May 2018May 2018	105,000 /yr

1–7 of 20

1112, Vera Residences in numbers

Sold once: by DAMAC on 4 September 2018 for AED 626,901, or AED 1,317 per sqft.
Rented since August 2022 on 3 Ejari contracts, from AED 60,000 to AED 76,000 a year.
At AED 76,000 a year the gross yield on the 2018 price is 12.1%, 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: YallaValue analysis of Dubai Land Department records. Updated 11 February 2025.

Questions about 1112, Vera Residences

What did unit 1112 last sell for?

AED 626,901 on 4 September 2018, sold by the developer: AED 1,317 per sqft for 476 sqft. It is the only registered sale of the unit.

What is the rent for unit 1112?

AED 76,000 a year on the contract signed on 11 February 2025. The previous contract, from October 2023, was AED 70,000; the unit has been rented since August 2022.

How big is unit 1112?

476 sqft (44.2 sqm): a one-bedroom apartment on the 11th floor of a 28-storey tower completed in 2022.

What is unit 1112 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.

Selling 1112? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1112, Vera Residences

Starts from the last sale price (AED 627K, 4 September 2018). Switch to today's estimate once you have unlocked it.

Price: AED 626,901
Deposit, UAE resident (20%): AED 125,380
Deposit, non-resident (40%): AED 250,760
Monthly over 25 years at 3.7%: AED 2,565

Plus AED 31,340 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →