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Vera Residences

What people actually paid in Vera Residences: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.

736 sales are on record at the Dubai Land Department, below. 1 for rent →

Your agent in Business Bay

Leojo Cgase Michael Davidson

Leojo Cgase Michael Davidson

Sales

Buying in Vera Residences? Leojo can walk you through what these numbers mean for you.

Leojo is marketing 8 homes for sale in Business Bay right now.

Community
Business Bay
Nearest metro
Burj Khalifa/Dubai Mall Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
Handed over
2022 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
First on record
2018 — an off-plan sale
Sales on record
736 — registered at the Dubai Land Department, the latest October 2026
Off-plan share
71% — 525 bought off-plan from the developer, 211 resales of a completed home

Recorded rents and gross yield for Vera Residences →

How Vera Residences compares — every tower in Business Bay, ranked by recorded price →

Living in Business Bay — the area guide →

What a mortgage on a home in Vera Residences costs a month — and the cash you need on the day →

Median sale price
AED 1.23M
22 sales · the last 12 months
Mean AED 1.35M
Median per sq ft
AED 2,103
-4% on the year before
Mean AED 2,068
Against Business Bay
59 of 100
Community median AED 2,500 / sq ft
Activity, 90 days
7 sales
1.0× its usual pace · 26th of 37 busiest in Business Bay

The recorded market

Price per square foot, by year

The median of every sale registered at the Dubai Land Department here. Not asking prices.

1,532
2,108
181920212223242526

The low was 2021 at AED 1,243 a square foot, and it has recovered 70% since. It is still 4% below its 2025 peak.

What sells here

By size

Registered sales in the last three years. Sizes are the registered floor area.

LayoutTypical sizeMedian priceMean pricePer sq ftSales
1 B/R477 sqft1,085,0001,074,2202,21375
2 B/R902 sqft1,530,0001,606,1961,70049

Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.

Every sale, as registered

Recent sales in Vera Residences

The last transfers recorded at the Dubai Land Department, newest first.

DateLayoutSizePricePer sq ft
19 Oct 20261 B/R475940,0001,980
19 Oct 20261 B/R4741,000,0002,108
15 Sept 20262 B/R9021,546,3731,715
27 Aug 20262 B/R8901,532,7721,721
4 Aug 20261 B/R4851,015,0002,095
29 Jul 20261 B/R4781,120,0002,345
22 Jul 20261 B/R4751,030,0002,169
16 Jul 20262 B/R8901,513,8481,700
15 Jul 20261 B/R487950,0001,951
29 Jun 20261 B/R4731,092,0002,308
5 May 20262 B/R9052,118,0002,341
20 Apr 20262 B/R8971,950,0002,173

How often it trades

Sales per year

Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale

446
27
3
5
71
63
64
40
17
201820192020202120222023202420252026

Of the 736 sales on record, 525 were bought off-plan from the developer and 211 were resales of a finished home. The changeover in 2022 is the handover. The 2026 bar is part-year.

In context

Where it sits in Business Bay

Vera Residences is the 59th most expensive of the 100 Business Bay buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.

RankBuildingSales, 12 monthsMedian per sq ft
56Royal Regency242,122
57The Paragon by IGO352,122
58Zada Tower522,112
59Vera Residences222,103
60Canal Bay512,064
61Paramount Tower Hotel & Residences282,036
62Binghatti Canal292,026

Business Bay as a whole: AED 2,500 a square foot across 6,232 sales in the last twelve months.

Where the market is moving

The busiest buildings in Business Bay

Vera Residences ranks 26th of the 37 Business Bay buildings with five or more completed-home sales in the ninety days to 19 Oct 2026. These are the five ahead of it, and its own row.

RankBuildingSales, 90 daysAgainst its usual pace
1Peninsula Four57New to resale
2Regalia By Deyaar37New to resale
3Peninsula Three321.2×
4Peninsula Two225.9×
5Aykon City Tower C181.0×
26Vera Residences71.0×

Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Business Bay, with pace against each building’s own year before.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 19 Oct 2026.

Nearby

What else to look at in Business Bay

The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.

BuildingRecorded salesFirst tradedMedian per sq ft
Sobha Skyparksnewest8320264,250
Avarra by Palacenewest15620263,490
Noura Tower79720161,628
Bayz by Danube64820171,622
Merano Tower82920161,596
ATRIA RA33920141,589
Central 11,10120091,576
Nobles Tower60720211,569
Zada Tower1,05420191,564
Luxury Family Residences29220221,552

Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.

Buying in Vera Residences? The cost of buying, the title deed, the service charges and buying as a foreigner, explained.

Questions about Vera Residences? Leojo is a message away.

Leojo Cgase Michael Davidson

Leojo Cgase Michael Davidson

Your agent in Business Bay