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

2018, 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 May 2022, 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 2018 · DLD and Ejari recordsUpdated 18 May 2022

Last soldAED 880K18 May 2022

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Today's valuefree after one verification

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Property timeline for 2018, Vera Residences

Today

What is 2018 worth today?

Last sold for AED 880,000 in 2022

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18 May 2022

18 May 2022SoldOff-plan

AED 880,000AED 1,853 per sqft

7 Mar 2018

7 Mar 2018Sold by developerOff-plan

AED 791,000AED 1,665 per sqft

Source: Dubai Land Department. Updated 18 May 2022.

Key facts

Type: 1-bed apartment
Size: 475 sqft
Floor: 20th of 28
Parking: P3-041
Developer: DAMAC
Completed: 2022
Service charge: AED 10,500 /yr
Last sold: AED 880K · May 2022
Building: Vera Residences

About 2018, Vera Residences

2018 is a one-bedroom 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 18 May 2022 for AED 880,000, or AED 1,853 per sqft, in line with the AED 1,852 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2018 over time

Sales

Unit 2018, each saleTypical one-bed in Vera Residences

2018 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents

Unit 2018, 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 2018 sits

All 283 1-beds →

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

2018 last sold in May 2022 at AED 1,853 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,852). 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.

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 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
2016		475 sqft	AED 1.1MAED 1,100,000 · Sep 2025September 2025
2017	1-bed	475 sqft	AED 850KAED 850,000 · May 2023May 2023	75,000 /yr
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

2018, Vera Residences in numbers

Sold twice: first on 7 March 2018 for AED 791,000, last on 18 May 2022 for AED 880,000 (AED 1,853 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 18 May 2022.

Questions about 2018, Vera Residences

What did unit 2018 last sell for?

AED 880,000 on 18 May 2022: AED 1,853 per sqft for 475 sqft. The unit has 2 registered sales; the first was AED 791,000 in March 2018.

How big is unit 2018?

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

What is unit 2018 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 2018, Vera Residences

Starts from the last sale price (AED 880K, 18 May 2022). Switch to today's estimate once you have unlocked it.

Price: AED 880,000
Deposit, UAE resident (20%): AED 176,000
Deposit, non-resident (40%): AED 352,000
Monthly over 25 years at 3.7%: AED 3,600

Plus AED 41,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →