Unit 1005, Vera Residences: what it sold for and what it is worth now

Unit 1005 at Vera Residences is a 2 bed of 905 sq ft. It last sold for AED 1,290,464 on 9 May 2022. At AED 1,681 per sq ft, from 4 sales of units ending 05 (same position in the tower), it is worth about AED 1,521,000 today.

Value todayAED 1,521,000AED 1,450,000 to AED 1,650,000
Last saleAED 1,290,4649 May 2022 · Off-plan
Change since last sale+17.9%Building trend alone: AED 1,710,576
Rent (median asking, 2 bed)AED 100,000Gross yield 6.6%
Bedrooms2 bed
Size905 sq ft
Floor10 (from the unit number)
Position in the towerStack 05: units ending 05 share the same layout and view
BuildingVera Residences by DAMAC Properties, handed over 2022
Registered sales of this unit1

Every registered sale of unit 1005

DatePriceSizeAED/sq ftType
9 May 2022AED 1,290,464905 sq ft1,426Off-plan

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
130510 Sep 2025AED 1,580,000905 sq ft1,746Resale
190511 Feb 2025AED 1,858,475905 sq ft2,054Resale
280521 Nov 2024AED 1,411,431903 sq ft1,563Resale
11054 Nov 2024AED 1,462,291905 sq ft1,616Resale
7051 Oct 2024AED 1,650,000905 sq ft1,823Resale
12058 Jul 2024AED 1,485,000905 sq ft1,641Resale
120522 Apr 2024AED 1,350,000905 sq ft1,492Resale
180522 Jan 2024AED 1,450,000905 sq ft1,602Resale

Latest 2 bed sales in Vera Residences

UnitDatePriceSizeAED/sq ftType
140714 Sep 2026AED 1,546,373902 sq ft1,714Resale
110226 Aug 2026AED 1,532,772890 sq ft1,722Resale
110216 Jul 2026AED 1,513,848890 sq ft1,701Resale
23015 May 2026AED 2,118,000905 sq ft2,340Resale
270117 Apr 2026AED 1,950,000897 sq ft2,174Resale
25211 Mar 2026AED 1,900,000906 sq ft2,097Resale
262126 Feb 2026AED 1,640,000906 sq ft1,810Resale
220727 Jan 2026AED 1,450,000902 sq ft1,608Resale

How we worked out the value

We took the 4 resale sales of units ending 05 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,681). We multiplied it by the size of this unit (905 sq ft). The range uses the middle half of those sales (AED 1,603 to AED 1,823 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,710,576. Floor, view, condition and upgrades can move the price either way. Sales data to 19 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1005 at Vera Residences worth?

About AED 1,521,000 (range AED 1,450,000 to AED 1,650,000), based on AED 1,681 per sq ft from registered sales up to 19 Oct 2026.

When did unit 1005 last sell?

9 May 2022, for AED 1,290,464 (off-plan). It has 1 registered sale.

What rent can unit 1005 make?

A 2 bed in Vera Residences rents for about AED 100,000 a year (median asking rent). That is a gross yield of 6.6% on the estimate.

Sales alert for Vera ResidencesAll sales in Vera Residences

Unit 1004 · Unit 1006