1-bed · 474 sqftVera Residences, Business Bay · 18th floor · completed 2022

1820, Vera Residences

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 1820 · DLD and Ejari recordsUpdated 10 March 2025
Last soldAED 780K21 February 2018
Current rentAED 77K /yr10 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1820, Vera Residences

What is 1820 worth today?

Last sold for AED 780,000 in 2018

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10 Mar 2025RentedNew contract
AED 77,000/yr12 months · AED 162 per sqft
10 Mar 2024RentedNew contract
AED 70,000/yr12 months · AED 148 per sqft
5 Feb 2023RentedNew contract
AED 65,000/yr12 months · AED 137 per sqft
21 Feb 2018Sold by developerOff-plan
AED 780,000AED 1,643 per sqft

Source: Dubai Land Department. Updated 10 March 2025.

Key facts

Type
1-bed apartment
Size
474 sqft
Floor
18th of 28
Parking
P3-061
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 780K · February 2018

About 1820, Vera Residences

1820 is a one-bedroom apartment of 474 sqft on the 18th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 21 February 2018 for AED 780,000, or AED 1,643 per sqft, 4% above the AED 1,575 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 10 March 2025, is AED 77,000 a year: a gross yield of 9.9% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1820 over time

Sales
Unit 1820, 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 780,000 (AED 1,643 per sqft)

1820 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1820, 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, February 2023: AED 65,000 a yearNew contract, March 2024: AED 70,000 a yearNew contract, March 2025: AED 77,000 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 1820 sits

All 283 1-beds →

1820 last sold in February 2018 at AED 1,643 per sqft, 4% above what one-beds in Vera Residences were fetching at the time (AED 1,575). 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. 1820's AED 77,000 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 18th floor

All 522 units in Vera Residences
Value
18012-bedAED 1.19M · Feb 2018
18022-bedAED 1.19M · Feb 2018
18031-bedAED 779K · Feb 2018
18042-bedAED 1.24M · Feb 2018
18052-bedAED 1.45M · Jan 2024
18062-bedAED 1.28M · Feb 2019
18072-bedAED 1.15M · Feb 2018
1–7 of 20

1820, Vera Residences in numbers

  • Sold once: by DAMAC on 21 February 2018 for AED 780,000, or AED 1,643 per sqft.
  • Rented since February 2023 on 3 Ejari contracts, from AED 65,000 to AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2018 price is 9.9%, 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: Dubai Land Department. Updated 10 March 2025.

Questions about 1820, Vera Residences

What did unit 1820 last sell for?

AED 780,000 on 21 February 2018, sold by the developer: AED 1,643 per sqft for 474 sqft. It is the only registered sale of the unit.

What is the rent for unit 1820?

AED 77,000 a year on the contract signed on 10 March 2025. The previous contract, from March 2024, was AED 70,000; the unit has been rented since February 2023.

How big is unit 1820?

474 sqft (44.0 sqm): a one-bedroom apartment on the 18th floor of a 28-storey tower completed in 2022.

What is unit 1820 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 1820, Vera Residences

Starts from the last sale price (AED 780K, 21 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →