Skip to content

Project profile

Vera Tower Project · Business Bay · prices, sales and rents

Registered prices, construction progress and the record across its buildings.

Developer: DAMAC World Real Estate

Data to 5 November 2026

Registered sales
25
Last 12 months
Median ready price
AED 2,093
Per sq ft
Construction progress
100%
Completed

Dubai Land Department lists the project as completed on 31 March 2022. In the last 12 months, Dubai Land Department registered 25 sales in Vera Tower, worth AED 32.8M in total. The median price of ready homes was 2,093 AED/sqft.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.

Abstract illustration, not an architectural rendering

A completed project.

Construction progress100%

Completed

Start
15 December 2016
DLD end date
31 March 2022
Completion
31 March 2022
Units
526
Buildings
1

Vera Tower registered prices, over time.

Median registered price, AED per sq ft

Median price per sq ft of registered sales of apartments, by month. Months with fewer than 5 sales are left as gaps.
Show the figures
Month Ready (registered sales)
Nov 2023 — 3 sales
Dec 2023 — 1 sale
Jan 2024 — 4 sales
Feb 2024 1,930 AED/sqft 7 sales
Mar 2024 2,268 AED/sqft 9 sales
Apr 2024 1,685 AED/sqft 6 sales
May 2024 2,018 AED/sqft 6 sales
Jun 2024 — 3 sales
Jul 2024 1,641 AED/sqft 6 sales
Aug 2024 — 3 sales
Sep 2024 — 1 sale
Oct 2024 1,989 AED/sqft 7 sales
Nov 2024 2,085 AED/sqft 8 sales
Dec 2024 — 4 sales
Jan 2025 — 3 sales
Feb 2025 — 2 sales
Mar 2025 2,197 AED/sqft 8 sales
Apr 2025 — 1 sale
May 2025 — 3 sales
Jun 2025 — 2 sales
Jul 2025 2,095 AED/sqft 6 sales
Aug 2025 — 3 sales
Sep 2025 2,041 AED/sqft 7 sales
Oct 2025 — 4 sales
Nov 2025 — 2 sales
Dec 2025 — 2 sales
Jan 2026 — 1 sale
Feb 2026 — 1 sale
Mar 2026 — 4 sales
Apr 2026 — 2 sales
May 2026 — 1 sale
Jun 2026 — 1 sale
Jul 2026 — 4 sales
Aug 2026 — 2 sales
Sep 2026 — 1 sale
Oct 2026 — 3 sales

What does each home type sell and rent for in Vera Tower?

  • Apartment · 1 bed

    Ready median price
    AED 1.1M
    Median yearly rent
    AED 66K
    Gross yield
    6.3%
  • Apartment · 2 beds

    Ready median price
    AED 1.5M
    Median yearly rent
    AED 100K
    Gross yield
    6.6%

Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.

Service charges.

In the area report.

The Business Bay area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.

See the Business Bay area report

The latest registered sales in Vera Tower.

  • 2 Nov 2026

    Apartment2 bedsReady890 sqft

    AED 1,450,0001,629 AED/sqft

  • 29 Oct 2026

    Apartment2 bedsReady897 sqft

    AED 1,350,0001,505 AED/sqft

  • 19 Oct 2026

    Apartment1 bedReady474 sqft

    AED 1,000,0002,110 AED/sqft

  • 19 Oct 2026

    Apartment1 bedReady475 sqft

    AED 940,0001,979 AED/sqft

  • 15 Sep 2026

    Apartment2 bedsReady902 sqft

    AED 1,546,3731,714 AED/sqft

  • 27 Aug 2026

    Apartment2 bedsReady890 sqft

    AED 1,532,7721,722 AED/sqft

  • 4 Aug 2026

    Apartment1 bedReady485 sqft

    AED 1,015,0002,093 AED/sqft

  • 29 Jul 2026

    Apartment1 bedReady478 sqft

    AED 1,120,0002,343 AED/sqft

  • 22 Jul 2026

    Apartment1 bedReady475 sqft

    AED 1,030,0002,168 AED/sqft

  • 16 Jul 2026

    Apartment2 bedsReady890 sqft

    AED 1,513,8481,701 AED/sqft

Questions about Vera Tower

What is the price per sq ft in Vera Tower?

In the 12 months to 5 November 2026, the median registered sale price of ready homes was 2,093 AED/sqft.

How many homes were sold in Vera Tower in the last 12 months?

In the last 12 months, Dubai Land Department registered 25 sales in Vera Tower, worth AED 32.8M in total. The median price of ready homes was 2,093 AED/sqft. Registered sales to 5 November 2026.

What is the rent in Vera Tower?

In the 12 months to 5 November 2026, Apartment · 1 bed was the most rented home type in Vera Tower, at a median of AED 66,000 a year over 148 new contracts. Against its ready median price of AED 1,050,000, that is a gross yield of 6.3%, before service charges and other costs.

When was Vera Tower completed?

Dubai Land Department lists the project as completed on 31 March 2022.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 5 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

More projects in Business Bay

Looking to buy or rent in Vera Tower?

Leave your details and partner agents who work in Vera Tower can send you homes for sale or rent that match what you are looking for.

Privacy notice