1316, Vera Residences
Sold prices and rental history: sold twice, last in March 2025, 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 1316, Vera Residences
What is 1316 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 24 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 475 sqft
- Floor
- 13th of 28
- Parking
- P3-120
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1.01M · March 2025
- Building
- Vera Residences
About 1316, Vera Residences
1316 is a one-bedroom apartment of 475 sqft on the 13th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 24 March 2025 for AED 1,010,000, or AED 2,127 per sqft, 4% below the AED 2,218 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1316 over time
1316 has sold twice; 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 1316 sits
All 283 1-beds →1316 last sold in March 2025 at AED 2,127 per sqft, 4% below what one-beds in Vera Residences were fetching at the time (AED 2,218). 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 13th floor
All 522 units in Vera Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | ||
| 1314 | 1-bed | 479 sqft | AED 737KAED 737,000 · Feb 2018February 2018 | 75,000 /yr | |
| 1315 | 1-bed | 478 sqft | AED 761KAED 761,000 · Mar 2018March 2018 | 67,600 /yr | |
| 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 |
1316, Vera Residences in numbers
- Sold twice: first on 13 February 2018 for AED 752,000, last on 24 March 2025 for AED 1,010,000 (AED 2,127 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 24 March 2025.
Questions about 1316, Vera Residences
What did unit 1316 last sell for?
AED 1,010,000 on 24 March 2025: AED 2,127 per sqft for 475 sqft. The unit has 2 registered sales; the first was AED 752,000 in February 2018.
How big is unit 1316?
475 sqft (44.1 sqm): a one-bedroom apartment on the 13th floor of a 28-storey tower completed in 2022.
What is unit 1316 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 1316, Vera Residences
Starts from the last sale price (AED 1.01M, 24 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,010,000
- Deposit, UAE resident (20%)
- AED 202,000
- Deposit, non-resident (40%)
- AED 404,000
- Monthly over 25 years at 3.7%
- AED 4,132
Plus AED 47,430 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →