Unit 515, Vera Residences: what it sold for and what it is worth now

Unit 515 at Vera Residences is a studio of 358 sq ft. It last sold for AED 750,000 on 30 Jul 2025. At AED 2,228 per sq ft, from 6 sales of units ending 15 (same position in the tower), it is worth about AED 798,000 today.

Value todayAED 798,000AED 786,000 to AED 831,000
Last saleAED 750,00030 Jul 2025 · Resale
Change since last sale+6.4%Building trend alone: AED 728,684
Rent (median asking, studio)AED 63,500Gross yield 8.0%
Bedroomsstudio
Size358 sq ft
Floor5 (from the unit number)
Position in the towerStack 15: units ending 15 share the same layout and view
BuildingVera Residences by DAMAC Properties, handed over 2022
Registered sales of this unit1

Every registered sale of unit 515

DatePriceSizeAED/sq ftType
30 Jul 2025AED 750,000358 sq ft2,095Resale

Units ending 15 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
161529 Jul 2026AED 1,120,000478 sq ft2,343Resale
61517 Oct 2025AED 1,080,000478 sq ft2,259Resale
151528 Apr 2025AED 1,050,000478 sq ft2,197Resale
221520 Mar 2025AED 1,050,000478 sq ft2,197Resale
19156 Jan 2025AED 1,230,000478 sq ft2,573Resale
231528 Mar 2024AED 1,200,000480 sq ft2,500Resale
24156 Mar 2024AED 1,150,000480 sq ft2,396Resale
151515 Feb 2024AED 940,000478 sq ft1,967Resale

Latest studio sales in Vera Residences

UnitDatePriceSizeAED/sq ftType
5184 Mar 2025AED 800,000353 sq ft2,266Resale
51613 Feb 2025AED 870,000354 sq ft2,458Resale

How we worked out the value

We took the 6 resale sales of units ending 15 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,228). We multiplied it by the size of this unit (358 sq ft). The range uses the middle half of those sales (AED 2,197 to AED 2,322 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 728,684. 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 515 at Vera Residences worth?

About AED 798,000 (range AED 786,000 to AED 831,000), based on AED 2,228 per sq ft from registered sales up to 19 Oct 2026.

When did unit 515 last sell?

30 Jul 2025, for AED 750,000 (resale). It has 1 registered sale.

What rent can unit 515 make?

A studio in Vera Residences rents for about AED 63,500 a year (median asking rent). That is a gross yield of 8.0% on the estimate.

Sales alert for Vera ResidencesAll sales in Vera Residences

Unit 509 · Unit 516