Unit 1603 at Vera Residences is a 1 bed of 513 sq ft. It last sold for AED 1,100,000 on 21 Nov 2024. At AED 2,242 per sq ft, from 7 sales of units ending 03 (same position in the tower), it is worth about AED 1,150,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 513 sq ft |
| Floor | 16 (from the unit number) |
| Position in the tower | Stack 03: units ending 03 share the same layout and view |
| Building | Vera Residences by DAMAC Properties, handed over 2022 |
| Registered sales of this unit | 2 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 21 Nov 2024 | AED 1,100,000 | 513 sq ft | 2,144 | Resale |
| 17 Nov 2022 | AED 780,000 | 513 sq ft | 1,520 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 503 | 8 Apr 2026 | AED 1,150,000 | 513 sq ft | 2,242 | Resale |
| 2503 | 30 Oct 2025 | AED 1,250,000 | 513 sq ft | 2,437 | Resale |
| 2203 | 4 Jul 2025 | AED 1,120,000 | 513 sq ft | 2,183 | Resale |
| 2703 | 3 Jul 2025 | AED 1,100,000 | 511 sq ft | 2,153 | Resale |
| 2603 | 23 Jun 2025 | AED 1,190,000 | 513 sq ft | 2,320 | Resale |
| 1903 | 5 Dec 2024 | AED 1,250,000 | 513 sq ft | 2,437 | Resale |
| 2803 | 1 Oct 2024 | AED 1,115,000 | 511 sq ft | 2,182 | Resale |
| 2803 | 12 Jul 2024 | AED 1,139,467 | 511 sq ft | 2,230 | 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 7 resale sales of units ending 03 in the last 24 months, 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 (513 sq ft). The range uses the middle half of those sales (AED 2,168 to AED 2,378 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,078,269. 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 1,150,000 (range AED 1,112,000 to AED 1,220,000), based on AED 2,242 per sq ft from registered sales up to 19 Oct 2026.
21 Nov 2024, for AED 1,100,000 (resale). It has 2 registered sales.
A 1 bed in Vera Residences rents for about AED 75,000 a year (median asking rent). That is a gross yield of 6.5% on the estimate.