1-bed · 485 sqftVera Residences, Business Bay · 17th floor · completed 2022

1714, Vera Residences

Sold prices and rental history: sold twice, last in March 2024, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1714 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 1.1M12 March 2024
Current rentAED 75K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1714, Vera Residences

What is 1714 worth today?

Last sold for AED 1,100,000 in 2024

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1 Sep 2025RentedNew contract
AED 75,000/yr12 months · AED 155 per sqft
12 Mar 2024SoldReady
AED 1,100,000AED 2,269 per sqft
13 Feb 2018Sold by developerOff-plan
AED 741,000AED 1,546 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2025.

Key facts

Type
1-bed apartment
Size
485 sqft
Floor
17th of 28
Parking
P3-071
Developer
DAMAC
Completed
2022
Service charge
AED 10,700 /yr
Last sold
AED 1.1M · March 2024

About 1714, Vera Residences

1714 is a one-bedroom apartment of 485 sqft on the 17th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 12 March 2024 for AED 1,100,000, or AED 2,269 per sqft, 17% above the AED 1,946 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2025. The current contract, signed on 1 September 2025, is AED 75,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 10,700 a year.

Sales and rents for 1714 over time

Sales
Unit 1714, each saleTypical one-bed in Vera Residences
800K1M20182020202220242026Typical sale price by year: 2018 AED 753,000; 2019 AED 741,560; 2022 AED 856,489; 2023 AED 900,000; 2024 AED 1,087,500; 2025 AED 1,090,000Sold by developer, February 2018: AED 741,000 (AED 1,546 per sqft)Sold, March 2024: AED 1,100,000 (AED 2,269 per sqft)

1714 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1714, each contractTypical one-bed in Vera Residences
70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 80,000New contract, September 2025: AED 75,000 a year

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 1714 sits

All 283 1-beds →

1714 last sold in March 2024 at AED 2,269 per sqft, 17% above what one-beds in Vera Residences were fetching at the time (AED 1,946). 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. 1714's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Dec 20251,050,000
9 Jul 20251,180,000
4 Jul 20251,120,000
3 Jul 20251,100,000
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 17th floor

All 522 units in Vera Residences
Value
17012-bedAED 1.24M · Feb 2018
17022-bedAED 1.24M · Mar 2018
17031-bedAED 724K · Feb 2018
17042-bedAED 1.19M · Feb 2018
17052-bedAED 1.16M · Feb 2018
17062-bedAED 1.15M · Feb 2018
17072-bedAED 1.53M · Jan 2024
1–7 of 20

1714, Vera Residences in numbers

  • Sold twice: first on 13 February 2018 for AED 741,000, last on 12 March 2024 for AED 1,100,000 (AED 2,269 per sqft).
  • Rented since September 2025 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 10,700 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 1 September 2025.

Questions about 1714, Vera Residences

What did unit 1714 last sell for?

AED 1,100,000 on 12 March 2024: AED 2,269 per sqft for 485 sqft. The unit has 2 registered sales; the first was AED 741,000 in February 2018.

What is the rent for unit 1714?

AED 75,000 a year on the contract signed on 1 September 2025.

How big is unit 1714?

485 sqft (45.1 sqm): a one-bedroom apartment on the 17th floor of a 28-storey tower completed in 2022.

What is unit 1714 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 1714, Vera Residences

Starts from the last sale price (AED 1.1M, 12 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →