How much does VERA Residences cost?

Prices at VERA Residences start from AED 771,000 (about $210K). Asking prices come from the developer and change without notice.

When does VERA Residences hand over?

VERA Residences is built and handed over, so a home bought here is ready to occupy rather than off-plan.

What is the payment plan at VERA Residences?

VERA Residences is offered on a 100/0/0 plan: 100% on booking, 0% during construction and 0% at handover. Developers change plans between phases, so confirm yours before signing.

Who is the developer of VERA Residences?

VERA Residences is being developed by Damac Properties. It sits in Business Bay, Dubai. You can see every project by Damac Properties we list, and how their asking prices compare with registered sales, on their page.

Can foreigners buy at VERA Residences?

VERA Residences is in a freehold area, so buyers of any nationality can own a home here outright rather than on a lease. Dubai sets which zones are freehold; confirm the title type on your own unit's contract before paying.

Is VERA Residences registered and escrow-protected?

We do not yet hold a project registration number for VERA Residences. Every off-plan project must be registered and sell through an escrow account, where the money is released as building progresses. Check both at dubailand.gov.ae before you pay.

Business Bay · Dubai

VERA Residences by Damac Properties

ReadyApartment66Good· 70%

From

AED 771,000

≈ $210K

Open in the map

Price from: AED 771K; ≈ $210K
Per sqft: —
Handover: Ready
Payment plan: 100/0/0

About

VERA Residences is a completed apartment tower by Damac Properties in Business Bay, Dubai.

Homes are handed over and prices start at AED 771,000 for what is still on sale, paid in full on purchase.

The figures here are the starting price and plan as published for the project. Confirm the price, unit availability and service charge with the developer before committing.

Damac apartment tower in Business Bay
Full payment on purchase
Handed over

Developer: Damac Properties
Area: Business Bay
Status: Ready
Ownership: Freehold

Payment plan

Down payment: 100%

100% Down Payment (On Booking Date)

Rendr score

66of 100 · Good

Based on 5 of 7 factors, 70% of the weight, as of 14 Sep 2026. Not ranked: the ranking lists only published projects still on sale. Our opinion, not investment advice.

Every factor, its weight and the data behind it are listed below. The formula is public: how the Rendr score works. A figure you believe is wrong can be checked: write to alexk.dxb02@gmail.com with the source.

How it was scored

Unlock the full breakdown

Every factor, the data behind it, and how the score has changed.

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One registration opens every project’s working on Rendr for 90 days. Our opinion, not investment advice.

Price against the market

Price per sqft not stated yet

The comparison with DLD transaction data for Business Bay appears once a price per sqft is known.

Amenities

24x7 Security
Basketball Court
Dining Outlets
Green Surrounding
Gymnasium
Health Care Centre
Infinity Pool
Kids Play Area
Marina & Yacht Club
Restaurants
Retail Outlets
Supermarket
Swimming Pool
Tennis Courts

Location

Mixed-use towers along the Dubai Canal, immediately south of Downtown.

Registration and trust

Escrow account: Not published yet
DLD project registration: Not published yet
Developer licence: Not published yet
Brochure: Not published yet
Figures from: tanamiproperties.com (tanamiproperties.com/Projects/VERA-Residences), saved 2026-09-13
Last verified: 13 Sep 2026

An escrow account is a regulated account the developer cannot draw on freely: your payments go in and are released as building progresses. Escrow accounts and project registrations are published by the Dubai Land Department (DLD) on dubailand.gov.ae. Always check them, and pay into the escrow account only, before handing over a deposit.

Changes

13 Sep 2026
Listed on the site
Source: tanamiproperties.com (tanamiproperties.com/Projects/VERA-Residences), saved 2026-09-13

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VERA Residences: questions buyers ask

How much does VERA Residences cost?: Prices at VERA Residences start from AED 771,000 (about $210K). Asking prices come from the developer and change without notice.
When does VERA Residences hand over?: VERA Residences is built and handed over, so a home bought here is ready to occupy rather than off-plan.
What is the payment plan at VERA Residences?: VERA Residences is offered on a 100/0/0 plan: 100% on booking, 0% during construction and 0% at handover. Developers change plans between phases, so confirm yours before signing.
Who is the developer of VERA Residences?: VERA Residences is being developed by Damac Properties. It sits in Business Bay, Dubai. You can see every project by Damac Properties we list, and how their asking prices compare with registered sales, on their page.
Can foreigners buy at VERA Residences?: VERA Residences is in a freehold area, so buyers of any nationality can own a home here outright rather than on a lease. Dubai sets which zones are freehold; confirm the title type on your own unit's contract before paying.
Is VERA Residences registered and escrow-protected?: We do not yet hold a project registration number for VERA Residences. Every off-plan project must be registered and sell through an escrow account, where the money is released as building progresses. Check both at dubailand.gov.ae before you pay.