411, Vera Residences
Sold prices and rental history: sold once, by the developer in July 2018, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 411, Vera Residences
What is 411 worth today?
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Source: Dubai Land Department. Updated 26 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 477 sqft
- Floor
- 4th of 28
- Parking
- B-005
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 10,500 /yr
- Last sold
- AED 772K · July 2018
- Building
- Vera Residences
About 411, Vera Residences
411 is a one-bedroom apartment of 477 sqft on the 4th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 30 July 2018 for AED 772,000, or AED 1,617 per sqft, in line with the AED 1,583 one-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 26 February 2024, is AED 75,000 a year: a gross yield of 9.7% on the 2018 price, before the service charge of about AED 10,500 a year.
Sales and rents for 411 over time
411 has sold once; 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 411 sits
All 283 1-beds →411 last sold in July 2018 at AED 1,617 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,583). 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. 411's AED 75,000 is in the lower half of that range.
| 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 4th floor
All 522 units in Vera Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 900 sqft | AED 1.29MAED 1,289,000 · Jul 2019July 2019 | ||
| 402 | 2-bed | 890 sqft | AED 1.28MAED 1,275,000 · Aug 2018August 2018 | 106,000 /yr | |
| 403 | 1-bed | 473 sqft | AED 780KAED 780,000 · Mar 2018March 2018 | ||
| 404 | 2-bed | 908 sqft | AED 1.27MAED 1,274,980 · Oct 2019October 2019 | 100,000 /yr | |
| 405 | 2-bed | 907 sqft | AED 1.32MAED 1,322,000 · Mar 2019March 2019 | 101,640 /yr | |
| 406 | 2-bed | 997 sqft | AED 1.57MAED 1,571,920 · Jul 2022July 2022 | 120,000 /yr | |
| 407 | 2-bed | 1,043 sqft | AED 1.7MAED 1,700,000 · Mar 2025March 2025 | 115,000 /yr | |
| 408 | 2-bed | 901 sqft | AED 1.48MAED 1,483,000 · Jul 2019July 2019 | 100,000 /yr | |
| 409 | 2-bed | 906 sqft | AED 1.52MAED 1,522,000 · Oct 2018October 2018 | ||
| 410 | 1-bed | 479 sqft | AED 775KAED 775,000 · Mar 2018March 2018 | ||
| 412 | 1-bed | 476 sqft | AED 1.2MAED 1,195,000 · Jun 2024June 2024 | 75,000 /yr | |
| 413 | 1-bed | 485 sqft | AED 1.06MAED 1,060,000 · Jan 2024January 2024 | ||
| 414 | 1-bed | 481 sqft | AED 1.25MAED 1,250,000 · Nov 2024November 2024 | ||
| 415 | 1-bed | 479 sqft | AED 797KAED 797,000 · May 2018May 2018 | 70,000 /yr | |
| 416 | 2-bed | 475 sqft | AED 1.04MAED 1,041,000 · Oct 2018October 2018 | 104,000 /yr | |
| 417 | 1-bed | 475 sqft | AED 872KAED 871,500 · May 2022May 2022 |
411, Vera Residences in numbers
- Sold once: by DAMAC on 30 July 2018 for AED 772,000, or AED 1,617 per sqft.
- Rented since February 2023 on 2 Ejari contracts, from AED 70,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2018 price is 9.7%, 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 26 February 2024.
Questions about 411, Vera Residences
What did unit 411 last sell for?
AED 772,000 on 30 July 2018, sold by the developer: AED 1,617 per sqft for 477 sqft. It is the only registered sale of the unit.
What is the rent for unit 411?
AED 75,000 a year on the contract renewed on 26 February 2024. The previous contract, from February 2023, was AED 70,000.
How big is unit 411?
477 sqft (44.3 sqm): a one-bedroom apartment on the 4th floor of a 28-storey tower completed in 2022.
What is unit 411 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 411, Vera Residences
Starts from the last sale price (AED 772K, 30 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 772,000
- Deposit, UAE resident (20%)
- AED 154,400
- Deposit, non-resident (40%)
- AED 308,800
- Monthly over 25 years at 3.7%
- AED 3,158
Plus AED 37,434 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →