620, Vera Residences
Sold prices and rental history: sold once, by the developer in February 2018, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 620, Vera Residences
What is 620 worth today?
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Source: Dubai Land Department. Updated 27 September 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 474 sqft
- Floor
- 6th of 28
- Parking
- B-031
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 10,500 /yr
- Last sold
- AED 770K · February 2018
- Building
- Vera Residences
About 620, Vera Residences
620 is a one-bedroom apartment of 474 sqft on the 6th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 26 February 2018 for AED 770,000, or AED 1,622 per sqft, in line with the AED 1,575 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 27 September 2022. The current contract, signed on 27 September 2022, is AED 72,000 a year: a gross yield of 9.3% on the 2018 price, before the service charge of about AED 10,500 a year.
Sales and rents for 620 over time
620 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 620 sits
All 283 1-beds →620 last sold in February 2018 at AED 1,622 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,575). 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. 620's AED 72,000 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 6th floor
All 522 units in Vera Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 900 sqft | AED 1.28MAED 1,280,070 · Dec 2018December 2018 | ||
| 602 | 2-bed | 890 sqft | AED 1.6MAED 1,600,000 · Sep 2023September 2023 | 119,571 /yr | |
| 603 | 1-bed | 473 sqft | AED 796KAED 796,000 · Apr 2018April 2018 | 85,000 /yr | |
| 604 | 2-bed | 908 sqft | AED 1.31MAED 1,310,000 · May 2018May 2018 | 120,000 /yr | |
| 605 | 2-bed | 905 sqft | AED 1.27MAED 1,268,000 · Apr 2019April 2019 | 100,000 /yr | |
| 606 | 2-bed | 905 sqft | AED 1.27MAED 1,267,000 · May 2018May 2018 | 110,000 /yr | |
| 607 | 2-bed | 898 sqft | AED 1.26MAED 1,261,000 · May 2018May 2018 | 115,000 /yr | |
| 608 | 2-bed | 899 sqft | AED 1.26MAED 1,260,000 · Aug 2018August 2018 | 100,000 /yr | |
| 609 | 2-bed | 908 sqft | AED 1.28MAED 1,277,000 · Jul 2018July 2018 | ||
| 610 | 1-bed | 479 sqft | AED 749KAED 749,000 · Mar 2018March 2018 | 73,000 /yr | |
| 611 | 1-bed | 477 sqft | AED 795KAED 795,319 · Jun 2022June 2022 | 71,500 /yr | |
| 612 | 1-bed | 476 sqft | AED 776KAED 776,000 · May 2018May 2018 | 75,000 /yr | |
| 613 | 1-bed | 485 sqft | AED 1.05MAED 1,050,000 · Jul 2023July 2023 | 51,889 /yr | |
| 614 | 1-bed | 485 sqft | AED 816KAED 816,000 · Jul 2022July 2022 | 71,667 /yr | |
| 615 | 478 sqft | AED 1.08MAED 1,080,000 · Oct 2025October 2025 | 78,000 /yr | ||
| 616 | 1-bed | 475 sqft | AED 794KAED 794,000 · Oct 2018October 2018 | 70,000 /yr | |
| 617 | 1-bed | 474 sqft | AED 786KAED 786,060 · Jul 2018July 2018 | 80,000 /yr | |
| 618 | 1-bed | 475 sqft | AED 920KAED 920,000 · Aug 2023August 2023 | ||
| 619 | 1-bed | 243 sqft | AED 770KAED 770,000 · Feb 2018February 2018 | 75,000 /yr | |
| 621 | 2-bed | 905 sqft | AED 1.3MAED 1,304,000 · Apr 2018April 2018 | 110,328 /yr |
620, Vera Residences in numbers
- Sold once: by DAMAC on 26 February 2018 for AED 770,000, or AED 1,622 per sqft.
- Rented since September 2022 on one Ejari contract, at AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2018 price is 9.3%, 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 27 September 2022.
Questions about 620, Vera Residences
What did unit 620 last sell for?
AED 770,000 on 26 February 2018, sold by the developer: AED 1,622 per sqft for 474 sqft. It is the only registered sale of the unit.
What is the rent for unit 620?
AED 72,000 a year on the contract signed on 27 September 2022.
How big is unit 620?
474 sqft (44.0 sqm): a one-bedroom apartment on the 6th floor of a 28-storey tower completed in 2022.
What is unit 620 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 620, Vera Residences
Starts from the last sale price (AED 770K, 26 February 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 770,000
- Deposit, UAE resident (20%)
- AED 154,000
- Deposit, non-resident (40%)
- AED 308,000
- Monthly over 25 years at 3.7%
- AED 3,150
Plus AED 37,350 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →