Unit 518, Vera Residences: what it sold for and what it is worth now

Unit 518 at Vera Residences is a studio of 353 sq ft. It last sold for AED 800,000 on 4 Mar 2025. At AED 2,274 per sq ft, from 5 sales of units ending 18 (same position in the tower), it is worth about AED 803,000 today.

Value todayAED 803,000AED 800,000 to AED 817,000
Last saleAED 800,0004 Mar 2025 · Resale
Change since last sale+0.4%Building trend alone: AED 782,282
Rent (median asking, studio)AED 63,500Gross yield 7.9%
Bedroomsstudio
Size353 sq ft
Floor5 (from the unit number)
Position in the towerStack 18: units ending 18 share the same layout and view
BuildingVera Residences by DAMAC Properties, handed over 2022
Registered sales of this unit1

Every registered sale of unit 518

DatePriceSizeAED/sq ftType
4 Mar 2025AED 800,000353 sq ft2,266Resale

Units ending 18 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
111819 Sep 2025AED 1,100,000475 sq ft2,316Resale
221813 Jan 2025AED 1,080,000475 sq ft2,274Resale
231829 Nov 2024AED 1,050,000475 sq ft2,211Resale
191814 Nov 2024AED 1,100,000475 sq ft2,316Resale
241830 May 2024AED 1,020,000475 sq ft2,147Resale
61828 Aug 2023AED 920,000475 sq ft1,937Resale
191830 May 2023AED 1,000,000475 sq ft2,105Resale
101822 Jul 2022AED 829,000475 sq ft1,745Resale

Latest studio sales in Vera Residences

UnitDatePriceSizeAED/sq ftType
51530 Jul 2025AED 750,000358 sq ft2,095Resale
51613 Feb 2025AED 870,000354 sq ft2,458Resale

How we worked out the value

We took the 5 resale sales of units ending 18 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,274). We multiplied it by the size of this unit (353 sq ft). The range uses the middle half of those sales (AED 2,266 to AED 2,316 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 782,282. 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 518 at Vera Residences worth?

About AED 803,000 (range AED 800,000 to AED 817,000), based on AED 2,274 per sq ft from registered sales up to 19 Oct 2026.

When did unit 518 last sell?

4 Mar 2025, for AED 800,000 (resale). It has 1 registered sale.

What rent can unit 518 make?

A studio in Vera Residences rents for about AED 63,500 a year (median asking rent). That is a gross yield of 7.9% on the estimate.

Sales alert for Vera ResidencesAll sales in Vera Residences

Unit 516 · Unit 520