Unit 1118, Vera Residences: what it sold for and what it is worth now

Unit 1118 at Vera Residences is a 1 bed of 475 sq ft. It last sold for AED 1,100,000 on 19 Sep 2025. At AED 2,274 per sq ft, from 5 sales of units ending 18 (same position in the tower), it is worth about AED 1,080,000 today.

Value todayAED 1,080,000AED 1,076,000 to AED 1,100,000
Last saleAED 1,100,00019 Sep 2025 · Resale
Change since last sale-1.8%Building trend alone: AED 1,078,839
Rent (median asking, 1 bed)AED 75,000Gross yield 6.9%
Bedrooms1 bed
Size475 sq ft
Floor11 (from the unit number)
Position in the towerStack 18: units ending 18 share the same layout and view
BuildingVera Residences by DAMAC Properties, handed over 2022
Registered sales of this unit3

Every registered sale of unit 1118

DatePriceSizeAED/sq ftType
19 Sep 2025AED 1,100,000475 sq ft2,316Resale
19 Jul 2022AED 690,000475 sq ft1,453Resale
11 Feb 2022AED 550,000475 sq ft1,158Off-plan

Units ending 18 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
5184 Mar 2025AED 800,000353 sq ft2,266Resale
221813 Jan 2025AED 1,080,000475 sq ft2,274Resale
231829 Nov 2024AED 1,050,000475 sq ft2,211Resale
191814 Nov 2024AED 1,100,000475 sq ft2,316Resale
241830 May 2024AED 1,020,000475 sq ft2,147Resale
61828 Aug 2023AED 920,000475 sq ft1,937Resale
191830 May 2023AED 1,000,000475 sq ft2,105Resale
101822 Jul 2022AED 829,000475 sq ft1,745Resale

Latest 1 bed sales in Vera Residences

UnitDatePriceSizeAED/sq ftType
91719 Oct 2026AED 940,000475 sq ft1,979Resale
122016 Oct 2026AED 1,000,000474 sq ft2,110Resale
17144 Aug 2026AED 1,015,000485 sq ft2,093Resale
161529 Jul 2026AED 1,120,000478 sq ft2,343Resale
101922 Jul 2026AED 1,030,000475 sq ft2,168Resale
241315 Jul 2026AED 950,000487 sq ft1,951Resale
271929 Jun 2026AED 1,092,000473 sq ft2,309Resale
5038 Apr 2026AED 1,150,000513 sq ft2,242Resale

How we worked out the value

We took the 5 resale sales of units ending 18 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,274). We multiplied it by the size of this unit (475 sq ft). The range uses the middle half of those sales (AED 2,266 to AED 2,316 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,078,839. 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 1118 at Vera Residences worth?

About AED 1,080,000 (range AED 1,076,000 to AED 1,100,000), based on AED 2,274 per sq ft from registered sales up to 19 Oct 2026.

When did unit 1118 last sell?

19 Sep 2025, for AED 1,100,000 (resale). It has 3 registered sales.

What rent can unit 1118 make?

A 1 bed in Vera Residences rents for about AED 75,000 a year (median asking rent). That is a gross yield of 6.9% on the estimate.

Sales alert for Vera ResidencesAll sales in Vera Residences

Unit 1113 · Unit 1119