1-bed · 513 sqftVera Residences, Business Bay · 14th floor · completed 2022

1403, 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 twice, last in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 22 January 2024

Last soldAED 1.3M22 January 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1403, Vera Residences

Today

What is 1403 worth today?

Last sold for AED 1,300,000 in 2024

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22 Jan 2024

22 Jan 2024SoldReady

AED 1,300,000AED 2,535 per sqft

6 May 2018

6 May 2018Sold by developerOff-plan

AED 751,000AED 1,587 per sqft

Source: Dubai Land Department. Updated 22 January 2024.

Key facts

Type: 1-bed apartment
Size: 513 sqft
Floor: 14th of 28
Parking: P3-106
Developer: DAMAC
Completed: 2022
Service charge: AED 11,300 /yr
Last sold: AED 1.3M · January 2024
Building: Vera Residences

About 1403, Vera Residences

1403 is a one-bedroom apartment of 513 sqft on the 14th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 22 January 2024 for AED 1,300,000, or AED 2,535 per sqft, 33% above the AED 1,909 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1403 over time

Sales

Unit 1403, each saleTypical one-bed in Vera Residences

1403 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1403, 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 1403 sits

All 283 1-beds →

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

1403 last sold in January 2024 at AED 2,535 per sqft, 33% above what one-beds in Vera Residences were fetching at the time (AED 1,909). 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	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 14th floor

All 522 units in Vera Residences


1401	2-bed	900 sqft	AED 1.31MAED 1,313,000 · Jul 2018July 2018
1402	2-bed	890 sqft	AED 1.24MAED 1,238,000 · Feb 2018February 2018	88,000 /yr
1404	2-bed	908 sqft	AED 1.02MAED 1,020,000 · Aug 2022August 2022	103,000 /yr
1405	2-bed	905 sqft	AED 1.21MAED 1,205,000 · Feb 2018February 2018	105,000 /yr
1406	2-bed	900 sqft	AED 1.2MAED 1,197,000 · Apr 2018April 2018	110,000 /yr
1407	2-bed	902 sqft	AED 1.2MAED 1,197,000 · Feb 2018February 2018	114,000 /yr
1408		899 sqft	AED 1.48MAED 1,475,000 · Oct 2025October 2025	120,000 /yr
1409	2-bed	908 sqft	AED 1.29MAED 1,290,000 · Apr 2018April 2018	120,000 /yr
1410	1-bed	479 sqft	AED 794KAED 794,000 · Jul 2018July 2018	70,000 /yr
1411	1-bed	477 sqft	AED 725KAED 725,000 · Feb 2018February 2018	86,250 /yr
1412	1-bed	476 sqft	AED 723KAED 723,000 · Feb 2018February 2018	73,000 /yr
1413	1-bed	340 sqft	AED 700KAED 700,000 · Oct 2024October 2024	80,000 /yr
1414	1-bed	479 sqft	AED 738KAED 738,000 · Feb 2018February 2018	96,000 /yr
1415	1-bed	478 sqft	AED 850KAED 850,000 · Feb 2023February 2023
1416	1-bed	475 sqft	AED 750KAED 750,000 · Dec 2022December 2022	80,000 /yr
1417	1-bed	475 sqft	AED 753KAED 753,000 · Feb 2018February 2018	85,000 /yr
1418	1-bed	475 sqft	AED 753KAED 753,000 · Feb 2018February 2018	75,000 /yr
1419	1-bed	475 sqft	AED 753KAED 753,000 · Jun 2018June 2018	75,000 /yr
1420	1-bed	474 sqft	AED 777KAED 777,000 · Feb 2018February 2018	85,000 /yr
1421	2-bed	905 sqft	AED 1.24MAED 1,239,000 · Apr 2018April 2018

1–7 of 20

1403, Vera Residences in numbers

Sold twice: first on 6 May 2018 for AED 751,000, last on 22 January 2024 for AED 1,300,000 (AED 2,535 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 22 January 2024.

Questions about 1403, Vera Residences

What did unit 1403 last sell for?

AED 1,300,000 on 22 January 2024: AED 2,535 per sqft for 513 sqft. The unit has 2 registered sales; the first was AED 751,000 in May 2018.

How big is unit 1403?

513 sqft (47.7 sqm): a one-bedroom apartment on the 14th floor of a 28-storey tower completed in 2022.

What is unit 1403 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 1403, Vera Residences

Starts from the last sale price (AED 1.3M, 22 January 2024). Switch to today's estimate once you have unlocked it.

Price: AED 1,300,000
Deposit, UAE resident (20%): AED 260,000
Deposit, non-resident (40%): AED 520,000
Monthly over 25 years at 3.7%: AED 5,319

Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →