1-bed · 475 sqftVera Residences, Business Bay · 8th floor · completed 2022

818, Vera Residences

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 818 · DLD and Ejari recordsUpdated 15 June 2025
Last soldAED 747K12 February 2018
Current rentAED 80K /yr15 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 818, Vera Residences

What is 818 worth today?

Last sold for AED 747,000 in 2018

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15 Jun 2025RentedNew contract
AED 80,216/yr12 months · AED 169 per sqft
31 Oct 2024RentedNew contract
AED 110,000/yr12 months · AED 232 per sqft
10 Nov 2023RentedRenewal
AED 85,000/yr12 months · AED 179 per sqft
10 Nov 2022RentedNew contract
AED 73,000/yr12 months · AED 154 per sqft
12 Feb 2018Sold by developerOff-plan
AED 747,000AED 1,573 per sqft

Source: Dubai Land Department. Updated 15 June 2025.

Key facts

Type
1-bed apartment
Size
475 sqft
Floor
8th of 28
Parking
B-053
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 747K · February 2018

About 818, Vera Residences

818 is a one-bedroom apartment of 475 sqft on the 8th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 12 February 2018 for AED 747,000, or AED 1,573 per sqft, in line with the AED 1,569 one-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 15 June 2025, is AED 80,216 a year: a gross yield of 10.7% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 818 over time

Sales
Unit 818, 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, February 2018: AED 747,000 (AED 1,573 per sqft)

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

Rents
Unit 818, each contractTypical one-bed in Vera Residences
75K100K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 80,000New contract, November 2022: AED 73,000 a yearRenewal, November 2023: AED 85,000 a yearNew contract, October 2024: AED 110,000 a yearNew contract, June 2025: AED 80,216 a year

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 818 sits

All 283 1-beds →

818 last sold in February 2018 at AED 1,573 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,569). 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. 818's AED 80,216 is in the upper half of that range.

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 8th floor

All 522 units in Vera Residences
Value
8012-bedAED 1.3M · Sep 2019
8022-bedAED 1.5M · Apr 2024
8031-bedAED 746K · Feb 2018
8042-bedAED 1.42M · May 2022
8052-bedAED 1.2M · Feb 2018
8062-bedAED 1.2M · Apr 2023
8072-bedAED 1.6M · Aug 2024
1–7 of 20

818, Vera Residences in numbers

  • Sold once: by DAMAC on 12 February 2018 for AED 747,000, or AED 1,573 per sqft.
  • Rented since November 2022 on 4 Ejari contracts, from AED 73,000 to AED 80,216 a year.
  • At AED 80,216 a year the gross yield on the 2018 price is 10.7%, 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 15 June 2025.

Questions about 818, Vera Residences

What did unit 818 last sell for?

AED 747,000 on 12 February 2018, sold by the developer: AED 1,573 per sqft for 475 sqft. It is the only registered sale of the unit.

What is the rent for unit 818?

AED 80,216 a year on the contract signed on 15 June 2025. The previous contract, from October 2024, was AED 110,000; the unit has been rented since November 2022.

How big is unit 818?

475 sqft (44.1 sqm): a one-bedroom apartment on the 8th floor of a 28-storey tower completed in 2022.

What is unit 818 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 818, Vera Residences

Starts from the last sale price (AED 747K, 12 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 747,000
Deposit, UAE resident (20%)
AED 149,400
Deposit, non-resident (40%)
AED 298,800
Monthly over 25 years at 3.7%
AED 3,056

Plus AED 36,384 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →