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Vera Residences
Vera ResidencesBusiness Bay
800,000 AEDmarket
2,266 AED/ft²
Delivered: Q1 2022
Completed
DAMAC Properties

Vera Residences

Business Bay

Studio, 1 - 2 BedsApartment

Launch price

611,000 AED

Payment Plan: 10/40/50
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Buildings
Business Bay
Vera Residences
DAMAC Properties

Vera Residences

Business Bay

Studio, 1 - 2 BedsApartment

Launch price

611,000 AED

Payment Plan: 10/40/50

Vera Residences

Business Bay

by DAMAC Properties

Booking
10%

Booking

Construction
40%

Construction

Handover
50%

Handover

Local Information

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Description

Vera Residences offers apartments for sale in Business Bay, a completed 29-storey residential tower by DAMAC Properties featuring 538 units. The development was completed in 2022, providing studios, one-bedroom, and two-bedroom apartments. Located on Marasi Drive Street, the tower provides views of the Dubai Canal. Residents have access to Sheikh Zayed Road and Al Khail Road, along with proximity to the Business Bay Metro Station. The building is minutes from The Dubai Mall, Burj Khalifa, and the Dubai Fountain. Each apartment features modern interiors with fitted kitchens and open layouts. This luxury project combines urban convenience with waterfront tranquility.

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Price Analysis for Vera Residences

Apartment

Studio

18%
4 units
353 – 358 ft²
No market history available yet

Starting price

611K

1,921 /ft²

Current price

800K

2,266 /ft²

Every bedroom
priced differently.

All chartsLaunch curvesLive comparables

What's Available for Vera Residences

Unit #TypeBedsFromBuilt-upInt. AreaExt. AreaFloor

No units to display

No units to display

Price Trends

For units in Business Bay

Comparable Buildings in Business Bay

Assigned Schools

Affordability

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FAQ

Vera Residences is well-suited for young professionals and investors who prioritize a central location within Business Bay. The building's mix of studio, one, and two-bedroom apartments caters to those seeking proximity to the commercial hubs of Downtown Dubai and the financial district.
The building provides a range of facilities including a fully-equipped gymnasium, a temperature-controlled swimming pool, saunas, and steam rooms. Residents also have access to landscaped gardens, an outdoor courtyard, and a supermarket located on the ground floor.
This development is situated on Marasi Drive Street in Business Bay, with the Business Bay Metro Station serving as the nearest public transport link. The area is also well-connected via local bus routes, providing access to the wider Dubai Metro network and major city thoroughfares.
The tower is located in a designated freehold zone, meaning expatriates and foreign nationals have full ownership rights to their property. This status allows owners to live in, rent out, or sell their units without the restrictions associated with leasehold properties.
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Price Trends

For units in Business Bay

AED/ft²

Mean Studio value
Vera Residences: 2,266

AED/ft²

Mean value
Vera Residences:

The full spread,
reveals the bias.

Every bedroom vs areaDeeper market contextLive benchmarks
Price trends provided by Dubai Land Department.

Comparable Buildings in Business Bay

BuildingPrice per ft²ConstructionHandoverDeveloper
The Sterling East HouseOmniyat
2,616 AED/ft²
15.4%
100%
Q3 2023
The Sterling East House
2,616 AED/ft²15.4%
100%
Q3 2023
Omniyat logo
The Sterling West HouseOmniyat
2,635 AED/ft²
16.3%
100%
Q2 2023
The Sterling West House
2,635 AED/ft²16.3%
100%
Q2 2023
Omniyat logo
DAMAC Maison AYKON CityDAMAC Properties
1,690 AED/ft²
25.4%
100%
Q3 2023
DAMAC Maison AYKON City
1,690 AED/ft²25.4%
100%
Q3 2023
DAMAC Properties logo
Sol BaySOL Properties
2,238 AED/ft²
1.2%
100%
Q1 2020
Sol Bay
2,238 AED/ft²1.2%
100%
Q1 2020
SOL Properties logo
15 Northside Tower 1Select Group
2,741 AED/ft²
21.0%
100%
Q2 2023
15 Northside Tower 1
2,741 AED/ft²21.0%
100%
Q2 2023
Select Group logo

The strongest comps
sit beyond the first pass.

Every ranked comparableEvery ranked comparableDeeper yield dataDeeper yield dataCross-building contextCross-building context

Neighborhood Overview

Map showing Business Bay neighborhood outline
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Business Bay
247 Buildings For You
Buy: AED 112K - 550.0M
YoY Price Change: +5.4%
Gross Yield: No rental data available yet
Neighborhood stats provided by Dubai Land Department.