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

1314, 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 since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1314 · DLD and Ejari recordsUpdated 25 October 2024

Last soldAED 737K12 February 2018

Current rentAED 75K /yr25 October 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1314, Vera Residences

Today

What is 1314 worth today?

Last sold for AED 737,000 in 2018

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25 Oct 2024

25 Oct 2024RentedNew contract

AED 75,000/yr12 months · AED 155 per sqft

25 Sep 2023

25 Sep 2023RentedRenewal

AED 65,100/yr12 months · AED 134 per sqft

25 Sep 2022

25 Sep 2022RentedNew contract

AED 62,000/yr12 months · AED 128 per sqft

12 Feb 2018

12 Feb 2018Sold by developerOff-plan

AED 737,000AED 1,538 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 October 2024.

Key facts

Type: 1-bed apartment
Size: 479 sqft
Floor: 13th of 28
Parking: P3-118
Developer: DAMAC
Completed: 2022
Service charge: AED 10,600 /yr
Last sold: AED 737K · February 2018
Building: Vera Residences

About 1314, Vera Residences

1314 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. The developer sold it on 12 February 2018 for AED 737,000, or AED 1,538 per sqft, in line with the AED 1,569 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 25 October 2024, is AED 75,000 a year: a gross yield of 10.2% on the 2018 price, before the service charge of about AED 10,600 a year.

Sales and rents for 1314 over time

Sales

Unit 1314, each saleTypical one-bed in Vera Residences

1314 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1314, 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 1314 sits

All 283 1-beds →

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

1314 last sold in February 2018 at AED 1,538 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,569). 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. 1314's AED 75,000 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 13th floor

All 522 units in Vera Residences


1301	2-bed	900 sqft	AED 1.3MAED 1,304,000 · Dec 2018December 2018	110,000 /yr
1302	2-bed	890 sqft	AED 1.24MAED 1,237,000 · Feb 2018February 2018	125,000 /yr
1303	1-bed	473 sqft	AED 750KAED 750,000 · Feb 2018February 2018
1304	2-bed	908 sqft	AED 1.24MAED 1,239,000 · Feb 2018February 2018	92,000 /yr
1305		905 sqft	AED 1.58MAED 1,580,000 · Sep 2025September 2025	130,000 /yr
1306	2-bed	900 sqft	AED 1.7MAED 1,700,000 · Oct 2024October 2024	150,000 /yr
1307	2-bed	902 sqft	AED 1.2MAED 1,197,000 · Feb 2018February 2018	87,692 /yr
1308	2-bed	899 sqft	AED 1.2MAED 1,197,000 · Feb 2018February 2018	115,000 /yr
1309	2-bed	908 sqft	AED 1.21MAED 1,205,000 · Mar 2018March 2018
1310	1-bed	479 sqft	AED 920KAED 920,000 · Feb 2024February 2024	83,000 /yr
1311	1-bed	477 sqft	AED 724KAED 724,000 · Feb 2018February 2018
1312	1-bed	476 sqft	AED 722KAED 722,000 · Feb 2018February 2018
1313	1-bed	475 sqft	AED 727KAED 727,000 · Feb 2018February 2018
1315	1-bed	478 sqft	AED 761KAED 761,000 · Mar 2018March 2018	67,600 /yr
1316	1-bed	475 sqft	AED 1.01MAED 1,010,000 · Mar 2025March 2025
1317	1-bed	475 sqft	AED 879KAED 878,850 · May 2022May 2022	81,000 /yr
1318	1-bed	475 sqft	AED 752KAED 752,000 · Feb 2018February 2018	68,250 /yr
1319	1-bed	475 sqft	AED 752KAED 752,000 · Feb 2018February 2018	63,800 /yr
1320	1-bed	237 sqft	AED 600KAED 600,000 · May 2022May 2022	76,000 /yr
1321	2-bed	905 sqft	AED 1.24MAED 1,238,000 · Feb 2018February 2018	105,000 /yr

1–7 of 20

1314, Vera Residences in numbers

Sold once: by DAMAC on 12 February 2018 for AED 737,000, or AED 1,538 per sqft.
Rented since September 2022 on 3 Ejari contracts, from AED 62,000 to AED 75,000 a year.
At AED 75,000 a year the gross yield on the 2018 price is 10.2%, 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: YallaValue analysis of Dubai Land Department records. Updated 25 October 2024.

Questions about 1314, Vera Residences

What did unit 1314 last sell for?

AED 737,000 on 12 February 2018, sold by the developer: AED 1,538 per sqft for 479 sqft. It is the only registered sale of the unit.

What is the rent for unit 1314?

AED 75,000 a year on the contract signed on 25 October 2024. The previous contract, from September 2023, was AED 65,100; the unit has been rented since September 2022.

How big is unit 1314?

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

What is unit 1314 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 1314, Vera Residences

Starts from the last sale price (AED 737K, 12 February 2018). Switch to today's estimate once you have unlocked it.

Price: AED 737,000
Deposit, UAE resident (20%): AED 147,400
Deposit, non-resident (40%): AED 294,800
Monthly over 25 years at 3.7%: AED 3,015

Plus AED 35,964 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →