Vera Tower property prices & sales
Vera Tower at a glance written from registered records
Vera Tower recorded 25 registered sales in the last 12 months, worth AED 33.36M in total. The median price was AED 2,098 per sq ft, down 3.9% on the previous 12 months, and the median sale price was AED 1.25M. 0.0% of these sales were off-plan and 100.0% were ready properties. Across 379 rental contracts registered in the same period, the median annual rent was AED 82,000, an indicative gross yield of 6.6%.
Median price per sq ft by year registered sales
| Year | Sales | Median AED/sq ft | Median price |
|---|---|---|---|
| 2026 | 17 | 2,098 | AED 1.20M |
| 2025 | 43 | 2,184 | AED 1.11M |
| 2024 | 64 | 2,105 | AED 1.17M |
| 2023 | 63 | 1,794 | AED 975,000 |
| 2022 | 71 | 1,589 | AED 894,600 |
| 2021 | 5 | 1,243 | AED 865,000 |
| 2020 | 3 | 1,332 | AED 1.20M |
| 2019 | 27 | 1,438 | AED 1.27M |
| 2018 | 446 | 1,532 | AED 794,500 |
Prices by bedroom last 24 months · entry = lower quarter, premium = upper quarter
| Type | Sales | Entry | Typical | Premium | AED/sq ft | Typical size |
|---|---|---|---|---|---|---|
| 1 B/R | 44 | AED 1.05M | AED 1.10M | AED 1.13M | 2,264 | 478 sq ft |
| 2 B/R | 29 | AED 1.49M | AED 1.51M | AED 1.75M | 1,700 | 902 sq ft |
| Studio | 3 | AED 775,000 | AED 800,000 | AED 835,000 | 2,265 | 354 sq ft |
Who's buying last 12 months
Cash vs mortgage is indicative: new mortgage registrations compared with sales in the same period.
Latest registered sales
| Date | Type | Beds | Building | Sq ft | Price | AED/sq ft |
|---|---|---|---|---|---|---|
| 2026-09-15 | Unit | 2 B/R | Vera Tower | 902 | AED 1,546,373 | 1,715 |
| 2026-08-27 | Unit | 2 B/R | Vera Tower | 890 | AED 1,532,772 | 1,721 |
| 2026-08-04 | Unit | 1 B/R | Vera Tower | 485 | AED 1,015,000 | 2,095 |
| 2026-07-29 | Unit | 1 B/R | Vera Tower | 478 | AED 1,120,000 | 2,345 |
| 2026-07-22 | Unit | 1 B/R | Vera Tower | 475 | AED 1,030,000 | 2,169 |
| 2026-07-16 | Unit | 2 B/R | Vera Tower | 890 | AED 1,513,848 | 1,700 |
The full report lists every registered sale, with filters by bedroom and date. Open it free.
Questions about Vera Tower
What is the average price per sq ft in Vera Tower?
Over the last 12 months the median registered sale price in Vera Tower was AED 2,098 per sq ft (-3.9% year on year).
What is the rental yield in Vera Tower?
Comparing the median annual rent (AED 82,000) with the median sale price (AED 1,250,000) over the last 12 months gives an indicative gross yield of 6.6%.
How many properties sold in Vera Tower in the last 12 months?
25 sales were registered in the last 12 months, 0.0% of them off-plan.
What is the average rent in Vera Tower?
The median annual rent across 379 contracts registered in the last 12 months was AED 82,000.
Comparables in Business Bay 12m
Vera Tower ranks #69 of 130 by price per sq ft.
| Project | Sales | AED/sq ft |
|---|---|---|
| Lumena Alta by Omniyat | 147 | 6,131 |
| HQ by ROVE | 329 | 4,674 |
| burj capital | 140 | 3,661 |
| Avarra by Palace | 155 | 3,490 |
| Binghatti Skyrise | 392 | 2,938 |
| One by Binghatti | 208 | 2,938 |
| Peninsula Three | 169 | 2,654 |
| Binghatti Aquarise | 577 | 2,625 |
| Peninsula Four | 212 | 2,515 |
| Tiger Sky Tower | 171 | 2,394 |
| Binghatti Skyhall | 228 | 2,364 |
| Vera Tower | 25 | 2,098 |
| Damac Towers By Paramount | 151 | 1,489 |
Project record
| Developer | Damac World Real Estate L.L.C |
| Status | Finished |
| Completion | 100% |
| Handover | 2022-03-31 |
| Units | 526 |
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Data sourced from the Dubai Open Data portal (data.dubai) under the Dubai Open Data Licence; originating entity: Dubai Land Department. GetYaData is an independent service and is not affiliated with, endorsed by or associated with the Dubai Land Department or the Government of Dubai. Figures are indicative — not a valuation.
