1-bed · 479 sqftVera Residences, Business Bay · 14th floor · completed 2022

1414, 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 continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1414 · DLD and Ejari recordsUpdated 15 November 2024

Last soldAED 738K5 February 2018

Current rentAED 96K /yr15 November 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1414, Vera Residences

Today

What is 1414 worth today?

Last sold for AED 738,000 in 2018

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15 Nov 2024

15 Nov 2024RentedNew contract

AED 96,000/yr12 months · AED 198 per sqft

25 Apr 2024

25 Apr 2024RentedNew contract

AED 90,000/yr12 months · AED 186 per sqft

28 Jun 2023

28 Jun 2023RentedNew contract

AED 84,000/yr6 months · AED 173 per sqft

30 Oct 2022

30 Oct 2022RentedNew contract

AED 100,879/yr6 months · AED 208 per sqft

5 Feb 2018

5 Feb 2018Sold by developerOff-plan

AED 738,000AED 1,540 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2024.

Key facts

Type: 1-bed apartment
Size: 479 sqft
Floor: 14th of 28
Parking: P3-111
Developer: DAMAC
Completed: 2022
Service charge: AED 10,600 /yr
Last sold: AED 738K · February 2018
Building: Vera Residences

About 1414, Vera Residences

1414 is a one-bedroom apartment of 479 sqft on the 14th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 5 February 2018 for AED 738,000, or AED 1,540 per sqft, in line with the AED 1,545 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 15 November 2024, is AED 96,000 a year: a gross yield of 13.0% on the 2018 price, before the service charge of about AED 10,600 a year.

Sales and rents for 1414 over time

Sales

Unit 1414, each saleTypical one-bed in Vera Residences

1414 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1414, 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 1414 sits

All 283 1-beds →

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

1414 last sold in February 2018 at AED 1,540 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,545). 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. 1414's AED 96,000 is in the upper 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 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
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
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

1414, Vera Residences in numbers

Sold once: by DAMAC on 5 February 2018 for AED 738,000, or AED 1,540 per sqft.
Rented since October 2022 on 4 Ejari contracts. The rent fell from AED 100,879 to AED 84,000 in 2023 and recovered to AED 96,000 by November 2024.
At AED 96,000 a year the gross yield on the 2018 price is 13.0%, 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: YallaValue analysis of Dubai Land Department records. Updated 15 November 2024.

Questions about 1414, Vera Residences

What did unit 1414 last sell for?

AED 738,000 on 5 February 2018, sold by the developer: AED 1,540 per sqft for 479 sqft. It is the only registered sale of the unit.

What is the rent for unit 1414?

AED 96,000 a year on the contract signed on 15 November 2024. The previous contract, from April 2024, was AED 90,000; the unit has been rented since October 2022.

How big is unit 1414?

479 sqft (44.5 sqm): a one-bedroom apartment on the 14th floor of a 28-storey tower completed in 2022.

What is unit 1414 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 1414, Vera Residences

Starts from the last sale price (AED 738K, 5 February 2018). Switch to today's estimate once you have unlocked it.

Price: AED 738,000
Deposit, UAE resident (20%): AED 147,600
Deposit, non-resident (40%): AED 295,200
Monthly over 25 years at 3.7%: AED 3,019

Plus AED 36,006 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →