1-bed · 475 sqftVera Residences, Business Bay · 17th floor · completed 2022

1717, 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 March 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1717 · DLD and Ejari recordsUpdated 22 October 2025

Last soldAED 800K3 March 2023

Current rentAED 82K /yr22 October 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1717, Vera Residences

Today

What is 1717 worth today?

Last sold for AED 800,000 in 2023

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22 Oct 2025

22 Oct 2025RentedNew contract

AED 82,000/yr12 months · AED 173 per sqft

7 Oct 2024

7 Oct 2024RentedNew contract

AED 79,572/yr12 months · AED 168 per sqft

3 Mar 2023

3 Mar 2023SoldReady

AED 800,000AED 1,684 per sqft

30 Jul 2018

30 Jul 2018Sold by developerOff-plan

AED 756,000AED 1,592 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 October 2025.

Key facts

Type: 1-bed apartment
Size: 475 sqft
Floor: 17th of 28
Parking: P3-074
Developer: DAMAC
Completed: 2022
Service charge: AED 10,500 /yr
Last sold: AED 800K · March 2023
Building: Vera Residences

About 1717, Vera Residences

1717 is a one-bedroom apartment of 475 sqft on the 17th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 3 March 2023 for AED 800,000, or AED 1,684 per sqft, 4% below the AED 1,746 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 22 October 2025, is AED 82,000 a year: a gross yield of 10.3% on the 2023 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1717 over time

Sales

Unit 1717, each saleTypical one-bed in Vera Residences

1717 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1717, 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 1717 sits

All 283 1-beds →

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

1717 last sold in March 2023 at AED 1,684 per sqft, 4% below what one-beds in Vera Residences were fetching at the time (AED 1,746). 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. 1717's AED 82,000 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
1715	1-bed	478 sqft	AED 765KAED 765,000 · Feb 2018February 2018	79,000 /yr
1716	1-bed	475 sqft	AED 756KAED 756,000 · Apr 2018April 2018	81,105 /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

1717, Vera Residences in numbers

Sold twice: first on 30 July 2018 for AED 756,000, last on 3 March 2023 for AED 800,000 (AED 1,684 per sqft).
Rented since October 2024 on 2 Ejari contracts, from AED 79,572 to AED 82,000 a year.
At AED 82,000 a year the gross yield on the 2023 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 22 October 2025.

Questions about 1717, Vera Residences

What did unit 1717 last sell for?

AED 800,000 on 3 March 2023: AED 1,684 per sqft for 475 sqft. The unit has 2 registered sales; the first was AED 756,000 in July 2018.

What is the rent for unit 1717?

AED 82,000 a year on the contract signed on 22 October 2025. The previous contract, from October 2024, was AED 79,572.

How big is unit 1717?

475 sqft (44.1 sqm): a one-bedroom apartment on the 17th floor of a 28-storey tower completed in 2022.

What is unit 1717 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 1717, Vera Residences

Starts from the last sale price (AED 800K, 3 March 2023). Switch to today's estimate once you have unlocked it.

Price: AED 800,000
Deposit, UAE resident (20%): AED 160,000
Deposit, non-resident (40%): AED 320,000
Monthly over 25 years at 3.7%: AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →