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Vera Tower is a completed apartment development by DAMAC WORLD REAL ESTATE L.L.C in Business Bay, comprising 528 registered units. 738 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,014 per sqft. At AED 2,014 per sqft, Vera Tower prices 17% below the Business Bay average of AED 2,432 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 60 – 1,087 sqft | 528 | 1.47M | 2,014 | ↑0.8% | 77K | 5.3% | |
| Residential | |||||||
Studio · Apartment 353 – 358 sqft | 4 | — | — | — | |||
1 Bed · Apartment 473 – 611 sqft | 293 | ||||||
2 Bed · Apartment 727 – 1,087 sqft | 225 | ||||||
Villa (Bedrooms Unknown) 66,794 sqft | — | — | — | — | — | — | |
| Commercial | |||||||
Shop 516 – 894 sqft | 4 | — | — | — | — | — | |
Store 60 – 64 sqft | 2 | — | — | — | — | — | — |
| Floors | Median PSF |
|---|---|
| All floors | 78 sales |
| Floors 4-15 | 34 sales |
| Floors 16-28 | 44 sales |
| Date | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|
| 4 Aug 2026 | Floor 17 | 485 | 1,015,000 | 2,095 | -7.7% | Entry Level | Standard Sale |
| 29 Jul 2026 | Floor 16 | 478 | 1,120,000 | 2,345 | +51.4% | Premium | Standard Sale |
| 22 Jul 2026 | Floor 10 | 475 | 1,030,000 | 2,169 | +24.8% | Standard | Standard Sale |
| Floors | Median Rent / Yr |
|---|---|
| All floors | 712 rentals |
| Floors 4-13 | 262 rentals |
| Floors 14-15 | 57 rentals |
| Floors 16-18 | 123 rentals |
| Floors 19-28 | 270 rentals |
| Start Date | Unit | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|
| 5 Oct 2026 | 1 Bed | 478 | 72,941 | 153 | — | Standard | renewal |
| 5 Sep 2026 | 1 Bed | 485 | 70,000 | 144 | — | Standard | renewal |
| 26 Aug 2026 | 2 Bed | 908 | 115,500 | 127 | — | Premium | renewal |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Business Bay
The closest-priced registered projects in Business Bay.
- Silver TowerAED 2,013/sqft
- Paramount Tower Hotel & ResidencesAED 2,018/sqft
- Binghatti CanalAED 2,023/sqft
- VYBAED 1,997/sqft
- Canal BayAED 1,995/sqft
- Zada TowerAED 2,033/sqft
Common questions about Vera Tower
Answered from Dubai Land Department registered transactions.
How much does a property in Vera Tower cost?
Property in Vera Tower sells at a current PIX© price of AED 2,014 per sqft, or about AED 1,467,552 for a typical unit, based on 738 sales registered with the Dubai Land Department.
Is Vera Tower completed?
Yes. Vera Tower is recorded as completed in the Dubai Land Department project register (completed q1 2022).
Who is the developer of Vera Tower?
Vera Tower is developed by DAMAC WORLD REAL ESTATE L.L.C, the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Vera Tower?
Vera Tower yields 5.3% gross, calculated from current PIX© rent against current PIX© sale price, across 1,370 registered Ejari contracts.
How many units are in Vera Tower?
Vera Tower holds 528 registered units, per the Dubai Land Department unit register.
Have prices in Vera Tower gone up or down?
Price per sqft has risen +0.8% over the last 12 months, to AED 2,014, across 738 registered sales.