1-bed · 478 sqftVera Residences, Business Bay · 17th floor · completed 2022

1715, 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 since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1715 · DLD and Ejari recordsUpdated 1 November 2024

Last soldAED 765K7 February 2018

Current rentAED 79K /yr1 November 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1715, Vera Residences

Today

What is 1715 worth today?

Last sold for AED 765,000 in 2018

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1 Nov 2024

1 Nov 2024RentedRenewal

AED 79,000/yr12 months · AED 167 per sqft

1 Nov 2023

1 Nov 2023RentedRenewal

AED 77,000/yr12 months · AED 163 per sqft

7 Feb 2018

7 Feb 2018Sold by developerOff-plan

AED 765,000AED 1,601 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.

Key facts

Type: 1-bed apartment
Size: 478 sqft
Floor: 17th of 28
Parking: P3-072
Developer: DAMAC
Completed: 2022
Service charge: AED 10,500 /yr
Last sold: AED 765K · February 2018
Building: Vera Residences

About 1715, Vera Residences

1715 is a one-bedroom apartment of 478 sqft on the 17th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 7 February 2018 for AED 765,000, or AED 1,601 per sqft, in line with the AED 1,566 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 79,000 a year: a gross yield of 10.3% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1715 over time

Sales

Unit 1715, each saleTypical one-bed in Vera Residences

1715 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1715, 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 1715 sits

All 283 1-beds →

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

1715 last sold in February 2018 at AED 1,601 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,566). 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. 1715's AED 79,000 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 17th floor

All 522 units in Vera Residences


1701	2-bed	900 sqft	AED 1.24MAED 1,236,000 · Feb 2018February 2018	94,475 /yr
1702	2-bed	890 sqft	AED 1.24MAED 1,240,000 · Mar 2018March 2018	120,000 /yr
1703	1-bed	473 sqft	AED 724KAED 723,840 · Feb 2018February 2018	71,613 /yr
1704	2-bed	908 sqft	AED 1.19MAED 1,193,280 · Feb 2018February 2018	113,000 /yr
1705	2-bed	905 sqft	AED 1.16MAED 1,159,680 · Feb 2018February 2018	90,000 /yr
1706	2-bed	900 sqft	AED 1.15MAED 1,152,000 · Feb 2018February 2018	90,000 /yr
1707	2-bed	902 sqft	AED 1.53MAED 1,530,000 · Jan 2024January 2024	127,000 /yr
1708	2-bed	899 sqft	AED 1.5MAED 1,500,000 · Jul 2025July 2025
1709	2-bed	908 sqft	AED 1.55MAED 1,550,000 · Nov 2023November 2023	125,000 /yr
1710	1-bed	479 sqft	AED 706KAED 705,600 · Feb 2018February 2018	151,948 /yr
1711	1-bed	477 sqft	AED 698KAED 697,920 · Feb 2018February 2018	71,400 /yr
1712	1-bed	476 sqft	AED 900KAED 900,000 · Sep 2023September 2023	73,000 /yr
1713	1-bed	475 sqft	AED 730KAED 730,000 · Apr 2018April 2018	70,000 /yr
1714	1-bed	485 sqft	AED 1.1MAED 1,100,000 · Mar 2024March 2024	75,000 /yr
1716	1-bed	475 sqft	AED 756KAED 756,000 · Apr 2018April 2018	81,105 /yr
1717	1-bed	475 sqft	AED 800KAED 800,000 · Mar 2023March 2023	82,000 /yr
1718	1-bed	475 sqft	AED 726KAED 725,760 · Feb 2018February 2018	73,500 /yr
1719	1-bed	475 sqft	AED 726KAED 725,760 · Feb 2018February 2018	71,400 /yr
1720	1-bed	474 sqft	AED 726KAED 725,760 · Feb 2018February 2018	78,750 /yr
1721	2-bed	905 sqft	AED 1.19MAED 1,192,320 · Feb 2018February 2018	113,000 /yr

1–7 of 20

1715, Vera Residences in numbers

Sold once: by DAMAC on 7 February 2018 for AED 765,000, or AED 1,601 per sqft.
Rented since November 2023 on 2 Ejari contracts, from AED 77,000 to AED 79,000 a year.
At AED 79,000 a year the gross yield on the 2018 price is 10.3%, before a service charge of about AED 10,500 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 November 2024.

Questions about 1715, Vera Residences

What did unit 1715 last sell for?

AED 765,000 on 7 February 2018, sold by the developer: AED 1,601 per sqft for 478 sqft. It is the only registered sale of the unit.

What is the rent for unit 1715?

AED 79,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 77,000.

How big is unit 1715?

478 sqft (44.4 sqm): a one-bedroom apartment on the 17th floor of a 28-storey tower completed in 2022.

What is unit 1715 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 1715, Vera Residences

Starts from the last sale price (AED 765K, 7 February 2018). Switch to today's estimate once you have unlocked it.

Price: AED 765,000
Deposit, UAE resident (20%): AED 153,000
Deposit, non-resident (40%): AED 306,000
Monthly over 25 years at 3.7%: AED 3,130

Plus AED 37,140 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →