475 sqftVera Residences, Business Bay · 20th floor · completed 2022

2016, 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 4 times, last in September 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 2016 · DLD and Ejari recordsUpdated 24 September 2025

Last soldAED 1.1M24 September 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 2016, Vera Residences

Today

What is 2016 worth today?

Last sold for AED 1,100,000 in 2025

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24 Sep 2025

24 Sep 2025SoldReady

AED 1,100,000AED 2,316 per sqft

22 May 2024

22 May 2024SoldReady

AED 800,000AED 1,684 per sqft

8 Dec 2022

8 Dec 2022SoldReady

AED 750,000AED 1,579 per sqft

11 Feb 2018

11 Feb 2018Sold by developerOff-plan

AED 767,000AED 1,615 per sqft

Source: Dubai Land Department. Updated 24 September 2025.

Key facts

Type: Apartment
Size: 475 sqft
Floor: 20th of 28
Parking: P3-039
Developer: DAMAC
Completed: 2022
Service charge: AED 10,500 /yr
Last sold: AED 1.1M · September 2025
Building: Vera Residences

About 2016, Vera Residences

2016 is an apartment of 475 sqft on the 20th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 24 September 2025 for AED 1,100,000, or AED 2,316 per sqft.

No rental contract for the unit is registered on Ejari.

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 20th floor

All 522 units in Vera Residences


2001	2-bed	900 sqft	AED 1.33MAED 1,328,580 · Jul 2018July 2018
2002	2-bed	890 sqft	AED 1.26MAED 1,260,000 · Feb 2018February 2018	100,000 /yr
2003	1-bed	473 sqft	AED 400KAED 400,000 · Nov 2019November 2019	75,000 /yr
2004	2-bed	908 sqft	AED 750KAED 750,000 · Mar 2020March 2020	125,000 /yr
2005	2-bed	905 sqft	AED 1.33MAED 1,326,000 · May 2018May 2018
2006	2-bed	900 sqft	AED 1.5MAED 1,500,000 · Jul 2024July 2024	110,000 /yr
2007		902 sqft	AED 1.5MAED 1,500,000 · Oct 2025October 2025
2008	2-bed	899 sqft	AED 1.22MAED 1,220,000 · Feb 2018February 2018	100,000 /yr
2009	2-bed	908 sqft	AED 1.23MAED 1,228,000 · Feb 2018February 2018
2010	1-bed	479 sqft	AED 1.03MAED 1,025,000 · Mar 2025March 2025
2011	1-bed	477 sqft	AED 709KAED 709,440 · Feb 2018February 2018	80,000 /yr
2012		476 sqft	AED 1.1MAED 1,100,000 · Aug 2025August 2025	65,000 /yr
2013	1-bed	475 sqft	AED 742KAED 742,000 · Feb 2018February 2018
2014	1-bed	479 sqft	AED 753KAED 753,000 · Jun 2018June 2018	85,000 /yr
2015	1-bed	478 sqft	AED 777KAED 777,000 · Mar 2018March 2018
2017	1-bed	475 sqft	AED 850KAED 850,000 · May 2023May 2023	75,000 /yr
2018	1-bed	475 sqft	AED 880KAED 880,000 · May 2022May 2022
2019	1-bed	475 sqft	AED 736KAED 736,320 · Feb 2018February 2018
2020	1-bed	474 sqft	AED 1.3MAED 1,300,000 · Mar 2024March 2024
2021	2-bed	905 sqft	AED 1.25MAED 1,249,380 · Mar 2018March 2018	120,000 /yr

1–7 of 20

2016, Vera Residences in numbers

Sold 4 times: first on 11 February 2018 for AED 767,000, last on 24 September 2025 for AED 1,100,000 (AED 2,316 per sqft).

Source: Dubai Land Department. Updated 24 September 2025.

Questions about 2016, Vera Residences

What did unit 2016 last sell for?

AED 1,100,000 on 24 September 2025: AED 2,316 per sqft for 475 sqft. The unit has 4 registered sales; the first was AED 767,000 in February 2018.

How big is unit 2016?

475 sqft (44.1 sqm): an apartment on the 20th floor of a 28-storey tower completed in 2022.

What is unit 2016 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 2016, Vera Residences

Starts from the last sale price (AED 1.1M, 24 September 2025). 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →