1-bed · 475 sqftVera Residences, Business Bay · 7th floor · completed 2022

719, Vera Residences

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in February 2018, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 719 · DLD and Ejari recordsUpdated 28 July 2024

Last soldAED 746K13 February 2018

Current rentAED 72K /yr28 July 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 719, Vera Residences

Today

What is 719 worth today?

Last sold for AED 746,000 in 2018

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28 Jul 2024

28 Jul 2024RentedRenewal

AED 71,500/yr12 months · AED 151 per sqft

28 Jul 2023

28 Jul 2023RentedNew contract

AED 65,000/yr12 months · AED 137 per sqft

3 Jan 2023

3 Jan 2023RentedNew contract

AED 64,000/yr12 months · AED 135 per sqft

13 Feb 2018

13 Feb 2018Sold by developerOff-plan

AED 746,000AED 1,571 per sqft

Source: Dubai Land Department. Updated 28 July 2024.

Key facts

Type: 1-bed apartment
Size: 475 sqft
Floor: 7th of 28
Parking: B-042
Developer: DAMAC
Completed: 2022
Service charge: AED 10,500 /yr
Last sold: AED 746K · February 2018
Building: Vera Residences

About 719, Vera Residences

719 is a one-bedroom apartment of 475 sqft on the 7th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 13 February 2018 for AED 746,000, or AED 1,571 per sqft, in line with the AED 1,572 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 28 July 2024, is AED 71,500 a year: a gross yield of 9.6% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 719 over time

Sales

Unit 719, each saleTypical one-bed in Vera Residences

719 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 719, each contractTypical one-bed in Vera Residences

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 719 sits

All 283 1-beds →

1-beds in Vera Residences · last 12 months2,346 /sqft Vera Residences · all types1,668 /sqft

719 last sold in February 2018 at AED 1,571 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,572). 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. 719's AED 71,500 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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 7th floor

All 522 units in Vera Residences


701	2-bed	900 sqft	AED 1.27MAED 1,267,140 · Apr 2019April 2019
702	2-bed	890 sqft	AED 1.23MAED 1,231,000 · Mar 2018March 2018	100,000 /yr
703	1-bed	513 sqft	AED 920KAED 920,000 · Feb 2024February 2024	78,000 /yr
704	2-bed	908 sqft	AED 1.4MAED 1,400,000 · Jul 2024July 2024	134,000 /yr
705	2-bed	905 sqft	AED 1.65MAED 1,650,000 · Oct 2024October 2024	85,000 /yr
706	2-bed	905 sqft	AED 1.19MAED 1,191,000 · Jul 2018July 2018	106,000 /yr
707	2-bed	898 sqft	AED 1.17MAED 1,167,180 · Jul 2018July 2018	110,000 /yr
708	2-bed	899 sqft	AED 1.17MAED 1,167,180 · Sep 2019September 2019	110,000 /yr
709	2-bed	908 sqft	AED 1.18MAED 1,175,020 · Mar 2018March 2018	94,000 /yr
710	1-bed	479 sqft	AED 749KAED 749,000 · Feb 2018February 2018	69,300 /yr
711	1-bed	477 sqft	AED 718KAED 718,000 · Feb 2018February 2018	75,000 /yr
712	1-bed	476 sqft	AED 880KAED 880,000 · May 2023May 2023	80,000 /yr
713	1-bed	475 sqft	AED 721KAED 721,000 · Feb 2018February 2018	78,000 /yr
714	1-bed	479 sqft	AED 794KAED 794,000 · Apr 2018April 2018	76,667 /yr
715	1-bed	478 sqft	AED 756KAED 756,000 · Feb 2018February 2018	70,000 /yr
716	1-bed	475 sqft	AED 746KAED 746,000 · Feb 2018February 2018	80,000 /yr
717	1-bed	474 sqft	AED 746KAED 746,000 · Feb 2018February 2018
718	1-bed	475 sqft	AED 746KAED 746,000 · Feb 2018February 2018	80,000 /yr
720	1-bed	474 sqft	AED 746KAED 746,000 · Feb 2018February 2018
721	2-bed	905 sqft	AED 1.23MAED 1,233,000 · Feb 2018February 2018	105,000 /yr

1–7 of 20

719, Vera Residences in numbers

Sold once: by DAMAC on 13 February 2018 for AED 746,000, or AED 1,571 per sqft.
Rented since January 2023 on 3 Ejari contracts, from AED 64,000 to AED 71,500 a year.
At AED 71,500 a year the gross yield on the 2018 price is 9.6%, 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 28 July 2024.

Questions about 719, Vera Residences

What did unit 719 last sell for?

AED 746,000 on 13 February 2018, sold by the developer: AED 1,571 per sqft for 475 sqft. It is the only registered sale of the unit.

What is the rent for unit 719?

AED 71,500 a year on the contract renewed on 28 July 2024. The previous contract, from July 2023, was AED 65,000; the unit has been rented since January 2023.

How big is unit 719?

475 sqft (44.1 sqm): a one-bedroom apartment on the 7th floor of a 28-storey tower completed in 2022.

What is unit 719 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 719, Vera Residences

Starts from the last sale price (AED 746K, 13 February 2018). Switch to today's estimate once you have unlocked it.

Price: AED 746,000
Deposit, UAE resident (20%): AED 149,200
Deposit, non-resident (40%): AED 298,400
Monthly over 25 years at 3.7%: AED 3,052

Plus AED 36,342 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →