416, Vera Residences
Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 416, Vera Residences
What is 416 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 25 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 475 sqft
- Floor
- 4th of 28
- Parking
- P2-014
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1.04M · October 2018
- Building
- Vera Residences
About 416, Vera Residences
416 is a two-bedroom apartment of 475 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 1 October 2018 for AED 1,041,000, or AED 2,193 per sqft, 61% above the AED 1,363 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 25 September 2025, is AED 104,000 a year: a gross yield of 10.0% on the 2018 price, before the service charge of about AED 10,500 a year.
Sales and rents for 416 over time
416 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Vera Residences, and where 416 sits
All 218 2-beds →416 last sold in October 2018 at AED 2,193 per sqft, 61% above what two-beds in Vera Residences were fetching at the time (AED 1,363). Over the last 12 months two-beds sold for AED 1,450,000 to 1,500,000, around AED 1,657 per sqft, and rent for AED 85,000 to 135,000 a year. 416's AED 104,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 902 sqft | 1,450,000 | 1,608 | ||
| 10 Dec 202510 December 2025 | 899 sqft | 1,500,000 | 1,668 | ||
| 21 Jul 202521 July 2025 | 899 sqft | 1,500,000 | 1,668 | ||
| 8 Jul 20258 July 2025 | 900 sqft | 1,496,699 | 1,662 |
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 | |
| 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 | |
| 417 | 1-bed | 475 sqft | AED 872KAED 871,500 · May 2022May 2022 |
416, Vera Residences in numbers
- Sold once: by DAMAC on 1 October 2018 for AED 1,041,000, or AED 2,193 per sqft.
- Rented since November 2022 on 4 Ejari contracts. The rent fell from AED 120,000 to AED 92,000 in 2023 and recovered to AED 104,000 by September 2025.
- At AED 104,000 a year the gross yield on the 2018 price is 10.0%, before a service charge of about AED 10,500 a year (AED 22.04 per sqft).
- Two-beds in Vera Residences sold for AED 1,450,000–1,500,000 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 25 September 2025.
Questions about 416, Vera Residences
What did unit 416 last sell for?
AED 1,041,000 on 1 October 2018, sold by the developer: AED 2,193 per sqft for 475 sqft. It is the only registered sale of the unit.
What is the rent for unit 416?
AED 104,000 a year on the contract signed on 25 September 2025. The previous contract, from August 2024, was AED 98,000; the unit has been rented since November 2022.
How big is unit 416?
475 sqft (44.1 sqm): a two-bedroom apartment on the 4th floor of a 28-storey tower completed in 2022.
What is unit 416 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Vera Residences sold for AED 1,450,000 to 1,500,000 in the last 12 months, around AED 1,657 per sqft.
Selling 416? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 416, Vera Residences
Starts from the last sale price (AED 1.04M, 1 October 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,041,000
- Deposit, UAE resident (20%)
- AED 208,200
- Deposit, non-resident (40%)
- AED 416,400
- Monthly over 25 years at 3.7%
- AED 4,259
Plus AED 48,732 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →