Unit 407, Vera Residences: what it sold for and what it is worth now

Unit 407 at Vera Residences is a 2 bed of 1,043 sq ft. It last sold for AED 1,700,000 on 4 Mar 2025. At AED 1,630 per sq ft, from 5 sales of units ending 07 (same position in the tower), it is worth about AED 1,700,000 today.

Value todayAED 1,700,000AED 1,677,000 to AED 1,734,000
Last saleAED 1,700,0004 Mar 2025 · Resale
Change since last sale+0.0%Building trend alone: AED 1,662,349
Rent (median asking, 2 bed)AED 100,000Gross yield 5.9%
Bedrooms2 bed
Size1,043 sq ft
Floor4 (from the unit number)
Position in the towerStack 07: units ending 07 share the same layout and view
BuildingVera Residences by DAMAC Properties, handed over 2022
Registered sales of this unit1

Every registered sale of unit 407

DatePriceSizeAED/sq ftType
4 Mar 2025AED 1,700,0001,043 sq ft1,630Resale

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
140714 Sep 2026AED 1,546,373902 sq ft1,714Resale
220727 Jan 2026AED 1,450,000902 sq ft1,608Resale
200716 Oct 2025AED 1,500,000902 sq ft1,663Resale
11074 Nov 2024AED 1,400,000902 sq ft1,552Resale
8075 Aug 2024AED 1,600,000902 sq ft1,774Resale
170710 Jan 2024AED 1,530,000902 sq ft1,696Resale
8071 Jun 2023AED 1,450,000902 sq ft1,608Resale
240722 May 2023AED 1,375,000901 sq ft1,526Resale

Latest 2 bed sales in Vera Residences

UnitDatePriceSizeAED/sq ftType
140714 Sep 2026AED 1,546,373902 sq ft1,714Resale
110226 Aug 2026AED 1,532,772890 sq ft1,722Resale
110216 Jul 2026AED 1,513,848890 sq ft1,701Resale
23015 May 2026AED 2,118,000905 sq ft2,340Resale
270117 Apr 2026AED 1,950,000897 sq ft2,174Resale
25211 Mar 2026AED 1,900,000906 sq ft2,097Resale
262126 Feb 2026AED 1,640,000906 sq ft1,810Resale
220727 Jan 2026AED 1,450,000902 sq ft1,608Resale

How we worked out the value

We took the 5 resale sales of units ending 07 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,630). We multiplied it by the size of this unit (1,043 sq ft). The range uses the middle half of those sales (AED 1,608 to AED 1,663 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,662,349. 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 407 at Vera Residences worth?

About AED 1,700,000 (range AED 1,677,000 to AED 1,734,000), based on AED 1,630 per sq ft from registered sales up to 19 Oct 2026.

When did unit 407 last sell?

4 Mar 2025, for AED 1,700,000 (resale). It has 1 registered sale.

What rent can unit 407 make?

A 2 bed in Vera Residences rents for about AED 100,000 a year (median asking rent). That is a gross yield of 5.9% on the estimate.

Sales alert for Vera ResidencesAll sales in Vera Residences

Unit 406 · Unit 412