1-bed · 485 sqftVera Residences, Business Bay · 4th floor · completed 2022

413, Vera Residences

Sold prices and rental history: sold 3 times, last in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 413 · DLD and Ejari recordsUpdated 16 January 2024
Last soldAED 1.06M16 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 413, Vera Residences

What is 413 worth today?

Last sold for AED 1,060,000 in 2024

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16 Jan 2024SoldReady
AED 1,060,000AED 2,184 per sqft
13 Jul 2023SoldReady
AED 850,000AED 1,752 per sqft
1 May 2018Sold by developerOff-plan
AED 772,000AED 1,626 per sqft

Source: Dubai Land Department. Updated 16 January 2024.

Key facts

Type
1-bed apartment
Size
485 sqft
Floor
4th of 28
Parking
B-007
Developer
DAMAC
Completed
2022
Service charge
AED 10,700 /yr
Last sold
AED 1.06M · January 2024

About 413, Vera Residences

413 is a one-bedroom apartment of 485 sqft on the 4th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 16 January 2024 for AED 1,060,000, or AED 2,184 per sqft, 16% above the AED 1,890 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 413 over time

Sales
Unit 413, each saleTypical one-bed in Vera Residences
800K1M20182020202220242026Typical sale price by year: 2018 AED 753,000; 2019 AED 741,560; 2022 AED 856,489; 2023 AED 900,000; 2024 AED 1,087,500; 2025 AED 1,090,000Sold by developer, May 2018: AED 772,000 (AED 1,626 per sqft)Sold, July 2023: AED 850,000 (AED 1,752 per sqft)Sold, January 2024: AED 1,060,000 (AED 2,184 per sqft)

413 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 413, each contractTypical one-bed in Vera Residences
70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 80,000

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 413 sits

All 283 1-beds →

413 last sold in January 2024 at AED 2,184 per sqft, 16% above what one-beds in Vera Residences were fetching at the time (AED 1,890). 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 salesUnit no.Price (AED)Summary
18 Dec 20251,050,000
9 Jul 20251,180,000
4 Jul 20251,120,000
3 Jul 20251,100,000
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 4th floor

All 522 units in Vera Residences
Value
4012-bedAED 1.29M · Jul 2019
4022-bedAED 1.28M · Aug 2018
4031-bedAED 780K · Mar 2018
4042-bedAED 1.27M · Oct 2019
4052-bedAED 1.32M · Mar 2019
4062-bedAED 1.57M · Jul 2022
4072-bedAED 1.7M · Mar 2025
1–7 of 16

413, Vera Residences in numbers

  • Sold 3 times: first on 1 May 2018 for AED 772,000, last on 16 January 2024 for AED 1,060,000 (AED 2,184 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 16 January 2024.

Questions about 413, Vera Residences

What did unit 413 last sell for?

AED 1,060,000 on 16 January 2024: AED 2,184 per sqft for 485 sqft. The unit has 3 registered sales; the first was AED 772,000 in May 2018.

How big is unit 413?

485 sqft (45.1 sqm): a one-bedroom apartment on the 4th floor of a 28-storey tower completed in 2022.

What is unit 413 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 413, Vera Residences

Starts from the last sale price (AED 1.06M, 16 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,060,000
Deposit, UAE resident (20%)
AED 212,000
Deposit, non-resident (40%)
AED 424,000
Monthly over 25 years at 3.7%
AED 4,337

Plus AED 49,530 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →