Unit 1516 at Vera Residences is a 1 bed of 475 sq ft. It last sold for AED 1,021,000 on 9 Jun 2025. At AED 2,326 per sq ft, from 6 sales of units ending 16 (same position in the tower), it is worth about AED 1,105,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 475 sq ft |
| Floor | 15 (from the unit number) |
| Position in the tower | Stack 16: units ending 16 share the same layout and view |
| Building | Vera Residences by DAMAC Properties, handed over 2022 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 9 Jun 2025 | AED 1,021,000 | 475 sq ft | 2,149 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 2516 | 24 Nov 2025 | AED 1,200,000 | 475 sq ft | 2,526 | Resale |
| 2016 | 24 Sep 2025 | AED 1,100,000 | 475 sq ft | 2,316 | Resale |
| 916 | 12 May 2025 | AED 1,110,000 | 475 sq ft | 2,337 | Resale |
| 1316 | 24 Mar 2025 | AED 1,010,000 | 475 sq ft | 2,126 | Resale |
| 516 | 13 Feb 2025 | AED 870,000 | 354 sq ft | 2,458 | Resale |
| 2016 | 22 May 2024 | AED 800,000 | 475 sq ft | 1,684 | Resale |
| 2516 | 4 Mar 2024 | AED 1,030,000 | 475 sq ft | 2,168 | Resale |
| 1016 | 27 Feb 2024 | AED 940,000 | 475 sq ft | 1,979 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 917 | 19 Oct 2026 | AED 940,000 | 475 sq ft | 1,979 | Resale |
| 1220 | 16 Oct 2026 | AED 1,000,000 | 474 sq ft | 2,110 | Resale |
| 1714 | 4 Aug 2026 | AED 1,015,000 | 485 sq ft | 2,093 | Resale |
| 1615 | 29 Jul 2026 | AED 1,120,000 | 478 sq ft | 2,343 | Resale |
| 1019 | 22 Jul 2026 | AED 1,030,000 | 475 sq ft | 2,168 | Resale |
| 2413 | 15 Jul 2026 | AED 950,000 | 487 sq ft | 1,951 | Resale |
| 2719 | 29 Jun 2026 | AED 1,092,000 | 473 sq ft | 2,309 | Resale |
| 503 | 8 Apr 2026 | AED 1,150,000 | 513 sq ft | 2,242 | Resale |
We took the 6 resale sales of units ending 16 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,326). We multiplied it by the size of this unit (475 sq ft). The range uses the middle half of those sales (AED 2,191 to AED 2,427 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 977,664. Floor, view, condition and upgrades can move the price either way. Sales data to 19 Oct 2026, from the Dubai Land Department register.
About AED 1,105,000 (range AED 1,041,000 to AED 1,153,000), based on AED 2,326 per sq ft from registered sales up to 19 Oct 2026.
9 Jun 2025, for AED 1,021,000 (resale). It has 1 registered sale.
A 1 bed in Vera Residences rents for about AED 75,000 a year (median asking rent). That is a gross yield of 6.8% on the estimate.