412, Vera Residences
Sold prices and rental history: sold 3 times, last in June 2024, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 412, Vera Residences
What is 412 worth today?
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Source: Dubai Land Department. Updated 5 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 476 sqft
- Floor
- 4th of 28
- Parking
- B-062
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1.2M · June 2024
- Building
- Vera Residences
About 412, Vera Residences
412 is a one-bedroom apartment of 476 sqft on the 4th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 19 June 2024 for AED 1,195,000, or AED 2,510 per sqft, 22% above the AED 2,053 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 5 October 2024. The current contract, signed on 5 October 2024, is AED 75,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 10,500 a year.
Sales and rents for 412 over time
412 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 412 sits
All 283 1-beds →412 last sold in June 2024 at AED 2,510 per sqft, 22% above what one-beds in Vera Residences were fetching at the time (AED 2,053). 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. 412'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 | ||
| 411 | 1-bed | 477 sqft | AED 772KAED 772,000 · Jul 2018July 2018 | 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 |
412, Vera Residences in numbers
- Sold 3 times: first on 7 October 2018 for AED 772,000, last on 19 June 2024 for AED 1,195,000 (AED 2,510 per sqft).
- Rented since October 2024 on one Ejari contract, at AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2024 price is 6.3%, 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 5 October 2024.
Questions about 412, Vera Residences
What did unit 412 last sell for?
AED 1,195,000 on 19 June 2024: AED 2,510 per sqft for 476 sqft. The unit has 3 registered sales; the first was AED 772,000 in October 2018.
What is the rent for unit 412?
AED 75,000 a year on the contract signed on 5 October 2024.
How big is unit 412?
476 sqft (44.2 sqm): a one-bedroom apartment on the 4th floor of a 28-storey tower completed in 2022.
What is unit 412 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 412, Vera Residences
Starts from the last sale price (AED 1.2M, 19 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,195,000
- Deposit, UAE resident (20%)
- AED 239,000
- Deposit, non-resident (40%)
- AED 478,000
- Monthly over 25 years at 3.7%
- AED 4,889
Plus AED 55,200 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →