1220, Vera Residences
Sold prices and rental history: sold 4 times, last in December 2024, 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 1220, Vera Residences
What is 1220 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 23 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 474 sqft
- Floor
- 12th of 28
- Parking
- B-105
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1.09M · December 2024
- Building
- Vera Residences
About 1220, Vera Residences
1220 is a one-bedroom apartment of 474 sqft on the 12th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 23 December 2024 for AED 1,090,000, or AED 2,297 per sqft, 4% above the AED 2,212 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1220 over time
1220 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 1220 sits
All 283 1-beds →1220 last sold in December 2024 at AED 2,297 per sqft, 4% above what one-beds in Vera Residences were fetching at the time (AED 2,212). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 12th floor
All 522 units in Vera Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 900 sqft | AED 1.94MAED 1,938,060 · Apr 2024April 2024 | ||
| 1202 | 2-bed | 890 sqft | AED 1.24MAED 1,236,000 · Feb 2018February 2018 | 110,000 /yr | |
| 1203 | 1-bed | 513 sqft | AED 990KAED 990,000 · Feb 2024February 2024 | 92,000 /yr | |
| 1204 | 2-bed | 908 sqft | AED 1.24MAED 1,239,000 · Feb 2018February 2018 | 113,300 /yr | |
| 1205 | 2-bed | 905 sqft | AED 1.49MAED 1,485,000 · Jul 2024July 2024 | ||
| 1206 | 2-bed | 900 sqft | AED 1.2MAED 1,196,000 · Feb 2018February 2018 | ||
| 1207 | 2-bed | 902 sqft | AED 1.2MAED 1,196,000 · Feb 2018February 2018 | 112,000 /yr | |
| 1208 | 2-bed | 899 sqft | AED 865KAED 865,000 · Jun 2021June 2021 | 120,000 /yr | |
| 1209 | 908 sqft | AED 1.75MAED 1,750,000 · Sep 2025September 2025 | |||
| 1210 | 1-bed | 479 sqft | AED 730KAED 730,000 · Feb 2018February 2018 | 91,000 /yr | |
| 1211 | 1-bed | 477 sqft | AED 1.05MAED 1,050,000 · Apr 2024April 2024 | 73,000 /yr | |
| 1212 | 1-bed | 476 sqft | AED 721KAED 721,000 · Mar 2018March 2018 | 75,000 /yr | |
| 1213 | 1-bed | 475 sqft | AED 726KAED 726,000 · Feb 2018February 2018 | 84,000 /yr | |
| 1214 | 1-bed | 479 sqft | AED 736KAED 736,000 · Feb 2018February 2018 | 78,000 /yr | |
| 1215 | 1-bed | 478 sqft | AED 800KAED 800,000 · Jan 2023January 2023 | 82,000 /yr | |
| 1216 | 1-bed | 475 sqft | AED 870KAED 870,000 · Jul 2023July 2023 | 62,000 /yr | |
| 1217 | 1-bed | 475 sqft | AED 751KAED 751,000 · Feb 2018February 2018 | 70,000 /yr | |
| 1218 | 1-bed | 475 sqft | AED 751KAED 751,000 · Feb 2018February 2018 | 60,000 /yr | |
| 1219 | 1-bed | 475 sqft | AED 840KAED 840,000 · Apr 2023April 2023 | 80,000 /yr | |
| 1221 | 905 sqft | AED 1.5MAED 1,500,000 · Nov 2025November 2025 | 116,000 /yr |
1220, Vera Residences in numbers
- Sold 4 times: first on 7 February 2018 for AED 751,000, last on 23 December 2024 for AED 1,090,000 (AED 2,297 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 23 December 2024.
Questions about 1220, Vera Residences
What did unit 1220 last sell for?
AED 1,090,000 on 23 December 2024: AED 2,297 per sqft for 474 sqft. The unit has 4 registered sales; the first was AED 751,000 in February 2018.
How big is unit 1220?
474 sqft (44.0 sqm): a one-bedroom apartment on the 12th floor of a 28-storey tower completed in 2022.
What is unit 1220 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 1220, Vera Residences
Starts from the last sale price (AED 1.09M, 23 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,090,000
- Deposit, UAE resident (20%)
- AED 218,000
- Deposit, non-resident (40%)
- AED 436,000
- Monthly over 25 years at 3.7%
- AED 4,460
Plus AED 50,790 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →