1-bed · 479 sqftVera Residences, Business Bay · 13th floor · completed 2022

1310, Vera Residences

Sold prices and rental history: sold twice, last in February 2024, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1310 · DLD and Ejari recordsUpdated 26 April 2024
Last soldAED 920K27 February 2024
Current rentAED 83K /yr26 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1310, Vera Residences

What is 1310 worth today?

Last sold for AED 920,000 in 2024

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26 Apr 2024RentedNew contract
AED 83,000/yr12 months · AED 173 per sqft
27 Feb 2024SoldReady
AED 920,000AED 1,921 per sqft
10 Oct 2018Sold by developerOff-plan
AED 731,000AED 1,527 per sqft

Source: Dubai Land Department. Updated 26 April 2024.

Key facts

Type
1-bed apartment
Size
479 sqft
Floor
13th of 28
Parking
B-107
Developer
DAMAC
Completed
2022
Service charge
AED 10,600 /yr
Last sold
AED 920K · February 2024

About 1310, Vera Residences

1310 is a one-bedroom apartment of 479 sqft on the 13th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 27 February 2024 for AED 920,000, or AED 1,921 per sqft, in line with the AED 1,921 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 April 2024. The current contract, signed on 26 April 2024, is AED 83,000 a year: a gross yield of 9.0% on the 2024 price, before the service charge of about AED 10,600 a year.

Sales and rents for 1310 over time

Sales
Unit 1310, 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, October 2018: AED 731,000 (AED 1,527 per sqft)Sold, February 2024: AED 920,000 (AED 1,921 per sqft)

1310 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1310, 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 80,000New contract, April 2024: AED 83,000 a year

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 1310 sits

All 283 1-beds →

1310 last sold in February 2024 at AED 1,921 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,921). 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. 1310's AED 83,000 is in the upper half of that range.

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 13th floor

All 522 units in Vera Residences
Value
13012-bedAED 1.3M · Dec 2018
13022-bedAED 1.24M · Feb 2018
13031-bedAED 750K · Feb 2018
13042-bedAED 1.24M · Feb 2018
1305AED 1.58M · Sep 2025
13062-bedAED 1.7M · Oct 2024
13072-bedAED 1.2M · Feb 2018
1–7 of 20

1310, Vera Residences in numbers

  • Sold twice: first on 10 October 2018 for AED 731,000, last on 27 February 2024 for AED 920,000 (AED 1,921 per sqft).
  • Rented since April 2024 on one Ejari contract, at AED 83,000 a year.
  • At AED 83,000 a year the gross yield on the 2024 price is 9.0%, before a service charge of about AED 10,600 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 26 April 2024.

Questions about 1310, Vera Residences

What did unit 1310 last sell for?

AED 920,000 on 27 February 2024: AED 1,921 per sqft for 479 sqft. The unit has 2 registered sales; the first was AED 731,000 in October 2018.

What is the rent for unit 1310?

AED 83,000 a year on the contract signed on 26 April 2024.

How big is unit 1310?

479 sqft (44.5 sqm): a one-bedroom apartment on the 13th floor of a 28-storey tower completed in 2022.

What is unit 1310 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 1310, Vera Residences

Starts from the last sale price (AED 920K, 27 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 920,000
Deposit, UAE resident (20%)
AED 184,000
Deposit, non-resident (40%)
AED 368,000
Monthly over 25 years at 3.7%
AED 3,764

Plus AED 43,650 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →