Unit 1317, Vera Residences: what it sold for and what it is worth now

Unit 1317 at Vera Residences is a 1 bed of 475 sq ft. It last sold for AED 878,850 on 16 May 2022. At AED 2,242 per sq ft, from 13 sales in the building in the last 12 months (1 bed), it is worth about AED 1,065,000 today.

Value todayAED 1,065,000AED 1,002,000 to AED 1,113,000
Last saleAED 878,85016 May 2022 · Off-plan
Change since last sale+21.2%Building trend alone: AED 1,164,961
Rent (median asking, 1 bed)AED 75,000Gross yield 7.0%
Bedrooms1 bed
Size475 sq ft
Floor13 (from the unit number)
Position in the towerStack 17: units ending 17 share the same layout and view
BuildingVera Residences by DAMAC Properties, handed over 2022
Registered sales of this unit1

Every registered sale of unit 1317

DatePriceSizeAED/sq ftType
16 May 2022AED 878,850475 sq ft1,850Off-plan

Units ending 17 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
91719 Oct 2026AED 940,000475 sq ft1,979Resale
25179 Jul 2025AED 1,180,000475 sq ft2,484Resale
231714 Aug 2024AED 1,140,000475 sq ft2,400Resale
251718 Mar 2024AED 1,030,000475 sq ft2,168Resale
24174 Aug 2023AED 910,000475 sq ft1,916Resale
211713 Jul 2023AED 1,050,000475 sq ft2,211Resale
20178 May 2023AED 850,000475 sq ft1,789Resale
231730 Mar 2023AED 855,000475 sq ft1,800Resale

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 13 sales in Vera Residences in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 2,242). We multiplied it by the size of this unit (475 sq ft). The range uses the middle half of those sales (AED 2,110 to AED 2,343 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,164,961. 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 1317 at Vera Residences worth?

About AED 1,065,000 (range AED 1,002,000 to AED 1,113,000), based on AED 2,242 per sq ft from registered sales up to 19 Oct 2026.

When did unit 1317 last sell?

16 May 2022, for AED 878,850 (off-plan). It has 1 registered sale.

What rent can unit 1317 make?

A 1 bed in Vera Residences rents for about AED 75,000 a year (median asking rent). That is a gross yield of 7.0% on the estimate.

Sales alert for Vera ResidencesAll sales in Vera Residences

Unit 1316 · Unit 1320