Unit 2016, Vera Residences: what it sold for and what it is worth now

Unit 2016 at Vera Residences is a 1 bed of 475 sq ft. It last sold for AED 1,100,000 on 24 Sep 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.

Value todayAED 1,105,000AED 1,041,000 to AED 1,153,000
Last saleAED 1,100,00024 Sep 2025 · Resale
Change since last sale+0.5%Building trend alone: AED 1,075,638
Rent (median asking, 1 bed)AED 75,000Gross yield 6.8%
Bedrooms1 bed
Size475 sq ft
Floor20 (from the unit number)
Position in the towerStack 16: units ending 16 share the same layout and view
BuildingVera Residences by DAMAC Properties, handed over 2022
Registered sales of this unit3

Every registered sale of unit 2016

DatePriceSizeAED/sq ftType
24 Sep 2025AED 1,100,000475 sq ft2,316Resale
22 May 2024AED 800,000475 sq ft1,684Resale
8 Dec 2022AED 750,000475 sq ft1,579Resale

Units ending 16 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
251624 Nov 2025AED 1,200,000475 sq ft2,526Resale
15169 Jun 2025AED 1,021,000475 sq ft2,149Resale
91612 May 2025AED 1,110,000475 sq ft2,337Resale
131624 Mar 2025AED 1,010,000475 sq ft2,126Resale
51613 Feb 2025AED 870,000354 sq ft2,458Resale
25164 Mar 2024AED 1,030,000475 sq ft2,168Resale
101627 Feb 2024AED 940,000475 sq ft1,979Resale
24164 Oct 2023AED 1,070,000475 sq ft2,253Resale

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 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 1,075,638. 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 2016 at Vera Residences worth?

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.

When did unit 2016 last sell?

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

What rent can unit 2016 make?

A 1 bed in Vera Residences rents for about AED 75,000 a year (median asking rent). That is a gross yield of 6.8% on the estimate.

Sales alert for Vera ResidencesAll sales in Vera Residences

Unit 2012 · Unit 2017