Unit 2803, Vera Residences: what it sold for and what it is worth now

Unit 2803 at Vera Residences is a 1 bed of 511 sq ft. It last sold for AED 1,115,000 on 1 Oct 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 1,146,000 today.

Value todayAED 1,146,000AED 1,108,000 to AED 1,215,000
Last saleAED 1,115,0001 Oct 2024 · Resale
Change since last sale+2.8%Building trend alone: AED 1,102,993
Rent (median asking, 1 bed)AED 75,000Gross yield 6.5%
Bedrooms1 bed
Size511 sq ft
Floor28 (from the unit number)
Position in the towerStack 03: units ending 03 share the same layout and view
BuildingVera Residences by DAMAC Properties, handed over 2022
Registered sales of this unit2

Every registered sale of unit 2803

DatePriceSizeAED/sq ftType
1 Oct 2024AED 1,115,000511 sq ft2,182Resale
12 Jul 2024AED 1,139,467511 sq ft2,230Resale

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
5038 Apr 2026AED 1,150,000513 sq ft2,242Resale
250330 Oct 2025AED 1,250,000513 sq ft2,437Resale
22034 Jul 2025AED 1,120,000513 sq ft2,183Resale
27033 Jul 2025AED 1,100,000511 sq ft2,153Resale
260323 Jun 2025AED 1,190,000513 sq ft2,320Resale
19035 Dec 2024AED 1,250,000513 sq ft2,437Resale
160321 Nov 2024AED 1,100,000513 sq ft2,144Resale
12039 Feb 2024AED 990,000513 sq ft1,930Resale

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 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 (511 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 1,102,993. 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 2803 at Vera Residences worth?

About AED 1,146,000 (range AED 1,108,000 to AED 1,215,000), based on AED 2,242 per sq ft from registered sales up to 19 Oct 2026.

When did unit 2803 last sell?

1 Oct 2024, for AED 1,115,000 (resale). It has 2 registered sales.

What rent can unit 2803 make?

A 1 bed in Vera Residences rents for about AED 75,000 a year (median asking rent). That is a gross yield of 6.5% on the estimate.

Sales alert for Vera ResidencesAll sales in Vera Residences

Unit 2802 · Unit 2805