2020, Vera Residences
Sold prices and rental history: sold 3 times, last in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2020, Vera Residences
What is 2020 worth today?
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Source: Dubai Land Department. Updated 13 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 474 sqft
- Floor
- 20th of 28
- Parking
- P3-043
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1.3M · March 2024
- Building
- Vera Residences
About 2020, Vera Residences
2020 is a one-bedroom apartment of 474 sqft on the 20th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 13 March 2024 for AED 1,300,000, or AED 2,739 per sqft, 41% above the AED 1,948 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2020 over time
2020 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 2020 sits
All 283 1-beds →2020 last sold in March 2024 at AED 2,739 per sqft, 41% above what one-beds in Vera Residences were fetching at the time (AED 1,948). 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 | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Vera Residences
Building522 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%
Other units on the 20th floor
All 522 units in Vera Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| 2018 | 1-bed | 475 sqft | AED 880KAED 880,000 · May 2022May 2022 | ||
| 2019 | 1-bed | 475 sqft | AED 736KAED 736,320 · Feb 2018February 2018 | ||
| 2021 | 2-bed | 905 sqft | AED 1.25MAED 1,249,380 · Mar 2018March 2018 | 120,000 /yr |
2020, Vera Residences in numbers
- Sold 3 times: first on 7 February 2018 for AED 736,320, last on 13 March 2024 for AED 1,300,000 (AED 2,739 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 13 March 2024.
Questions about 2020, Vera Residences
What did unit 2020 last sell for?
AED 1,300,000 on 13 March 2024: AED 2,739 per sqft for 474 sqft. The unit has 3 registered sales; the first was AED 736,320 in February 2018.
How big is unit 2020?
474 sqft (44.0 sqm): a one-bedroom apartment on the 20th floor of a 28-storey tower completed in 2022.
What is unit 2020 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 2020, Vera Residences
Starts from the last sale price (AED 1.3M, 13 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →