899 sqftVera Residences, Business Bay · 14th floor · completed 2022

1408, 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 October 2025, and rented once, from February 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 27 October 2025

Last soldAED 1.48M27 October 2025

Current rentAED 120K /yr15 February 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1408, Vera Residences

Today

What is 1408 worth today?

Last sold for AED 1,475,000 in 2025

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27 Oct 2025

27 Oct 2025SoldReady

AED 1,475,000AED 1,640 per sqft

15 Feb 2025

15 Feb 2025RentedNew contract

AED 120,000/yr12 months · AED 133 per sqft

4 Feb 2018

4 Feb 2018Sold by developerOff-plan

AED 1,197,000AED 1,331 per sqft

Source: Dubai Land Department. Updated 27 October 2025.

Key facts

Type: Apartment
Size: 899 sqft
Floor: 14th of 28
Parking: P1-112
Developer: DAMAC
Completed: 2022
Service charge: AED 19,800 /yr
Last sold: AED 1.48M · October 2025
Building: Vera Residences

About 1408, Vera Residences

1408 is an apartment of 899 sqft on the 14th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 27 October 2025 for AED 1,475,000, or AED 1,640 per sqft.

One Ejari contract is registered, from 15 February 2025. The current contract, signed on 15 February 2025, is AED 120,000 a year: a gross yield of 8.1% on the 2025 price, before the service charge of about AED 19,800 a year.

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
1403	1-bed	513 sqft	AED 1.3MAED 1,300,000 · Jan 2024January 2024
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
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

1408, Vera Residences in numbers

Sold twice: first on 4 February 2018 for AED 1,197,000, last on 27 October 2025 for AED 1,475,000 (AED 1,640 per sqft).
Rented since February 2025 on one Ejari contract, at AED 120,000 a year.
At AED 120,000 a year the gross yield on the 2025 price is 8.1%, before a service charge of about AED 19,800 a year (AED 22.04 per sqft).

Source: Dubai Land Department. Updated 27 October 2025.

Questions about 1408, Vera Residences

What did unit 1408 last sell for?

AED 1,475,000 on 27 October 2025: AED 1,640 per sqft for 899 sqft. The unit has 2 registered sales; the first was AED 1,197,000 in February 2018.

What is the rent for unit 1408?

AED 120,000 a year on the contract signed on 15 February 2025.

How big is unit 1408?

899 sqft (83.5 sqm): an apartment on the 14th floor of a 28-storey tower completed in 2022.

What is unit 1408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1408, Vera Residences

Starts from the last sale price (AED 1.48M, 27 October 2025). Switch to today's estimate once you have unlocked it.

Price: AED 1,475,000
Deposit, UAE resident (20%): AED 295,000
Deposit, non-resident (40%): AED 590,000
Monthly over 25 years at 3.7%: AED 6,035

Plus AED 66,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →