Vera Residences

Completed|528 units · 1 tower

Vera Residences is a completed development by DAMAC in Business Bay, comprising 528 registered units. 735 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,977 per sqft. At AED 1,977 per sqft, Vera Residences prices 13% above the Business Bay median of AED 1,749 per sqft on registered sales.

PIX© price · ↓2.7% YoY

1.27MAED

Typical

1,977AED

PSF

Gross yield

5.8%

PIX© rent ÷ PIX© price

Sale records

735

DLD · all time

Rent contracts

1,419

Ejari · all time

SATELLITE

LocationBusiness Bay

Drive times · typical

Downtown Dubai5 min · 1.4 km

DXB Airport15 min · 15.9 km

DIFC12 min · 5.8 km

Dubai Marina25 min · 23.7 km

Palm Jumeirah26 min · 26.0 km

Nearest · straight-line

Metro stationBurj Khalifa/ Dubai Mall Metro Station2.1 km

MallBay Square by Dubai Retail0.3 km

SchoolSwimsafe Swimming Private Instructor Lesson0.2 km

HospitalRB0.2 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 17

…

2 Bed on Floor 17, Vera Residences

Size
Record: Feb 2018 to Aug 2026
Owners: 4
Tenants: 3
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
2Tenant 2	8 Aug 2026		Owner 4 · Registered twice
1Tenant 1	2 Jul 2025	13 mo	Renewal Owner 4
1Tenant 1	2 Jul 2024	12 mo	Owner 4
4Owner 4	20 Nov 2023	2.8 yrs	Current owner
3Owner 3	1 Jul 2022	17 mo
2Owner 2	3 Jun 2022	28 d
1Owner 1	19 Feb 2018	4.3 yrs

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

2 Bed · Floor 17 · Vera Residences

Nightly rateAED

Occupancy (237 nights)

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Vera Residences1,977AED/sqft · project-wide

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	1.27M	1,977	↓2.7%		74K	5.8%
Residential
Studio · Apartment 353 - 358 sqft	4			-		-	-
1 Bed · Apartment 473 - 611 sqft	293
2 Bed · Apartment 727 - 1,087 sqft	225
Commercial
Shop 516 - 894 sqft	4	-	-	-	-	-	-
Warehouse 60 - 64 sqft	2	-	-	-	-	-	-

Sales - Project-Wide735 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
14 Sep 2026	2 Bed	Vera Residences · Floor 14	902	1,546,373	1,715	+29.2%	Entry Level	Standard Sale
26 Aug 2026	2 Bed	Vera Residences · Floor 11	890	1,532,772	1,721	+1.3%	Standard	Standard Sale
4 Aug 2026	1 Bed	Vera Residences · Floor 17	485	1,015,000	2,095	-7.7%	Entry Level	Standard Sale

Rentals - Project-Wide1,419 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
15 Nov 2026	1 Bed	Vera Residences · Floor 15	477	65,000	136	-	Standard	CONTRACT
10 Nov 2026	1 Bed	Vera Residences · Floor 5	479	60,000	125	-	Entry Level	CONTRACT
5 Oct 2026	1 Bed	Vera Residences · Floor 10	478	73,000	153	-	Standard	CERTIFICATE

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare1 peer could not be placed

This project

Vera Residences

Compared with

Marquise Square Tower

PIX© PSF

2,112

Rank

#14 of 47

#13 of 47

Typical price

1.25M

Yield

6.3%

Units

528

428

Sales

184

139

Rents

1,356

1,085

Developer

DAMAC

SRG REAL ESTATE DEVELOPER L.L.C

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	J ONE RKM DURAR PROPERTIES L.L.C · Completed	370					109	228
	15 Northside SELECT GLOBAL DEVELOPMENT L.L.C · Completed	366					197	684
	The Pad PAD PROPERTIES NINE LIMITED · Completed	282					162	475
	Ahad Residences AHAD REAL ESTATE DEVELOPMENT L.L.C · Completed	357					108	545
	Marquise Square Tower SRG REAL ESTATE DEVELOPER L.L.C · Completed	428					139	1,085
14	Vera Residences DAMAC · Completed	528	2,112	Subject	1.25M	6.3%	184	1,356
	Zada Tower DAMAC · Completed	709					288	1,602
	Binghatti Canal BINGHATTI DEVELOPERS FZE · Completed	307					122	467
	SOL Bay S O L PROPERTIES DEVELOPMENT L.L.C · Completed	331					291	705
	Reva Residences DAMAC · Completed	605					310	1,432
	The Paragon by IGO IGO REAL ESTATE DEVELOPMENT - FZ · Completed	399					43	234

Community median 1,749 AED/sqft. Showing the closest-ranked peers of 47 ranked projects in the community. 13 community projects excluded for insufficient recorded sales. 57 excluded for trading only in the off-plan market. 13 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Reva ResidencesAED 1,986/sqft
SOL BayAED 1,988/sqft
The Paragon by IGOAED 1,938/sqft
Urban OasisAED 1,925/sqft
Binghatti CanalAED 2,053/sqft
Zada TowerAED 2,065/sqft

Common questions about Vera Residences

Answered from Dubai Land Department registered transactions.

How much does a property in Vera Residences cost?

Property in Vera Residences sells at a current PIX© price of AED 1,977 per sqft, or about AED 1,272,463 for a typical unit, based on 735 sales registered with the Dubai Land Department.

Is Vera Residences completed?

Yes. Vera Residences is recorded as completed in the Dubai Land Department project register.

Who is the developer of Vera Residences?

Vera Residences is developed by DAMAC, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Vera Residences?

Vera Residences yields 5.8% gross, calculated from current PIX© rent against current PIX© sale price, across 1,419 registered Ejari contracts.

How many units are in Vera Residences?

Vera Residences holds 528 registered units, per the Dubai Land Department unit register.

Have prices in Vera Residences gone up or down?

Price per sqft has fallen -2.7% over the last 12 months, to AED 1,977, across 735 registered sales.