- Last listed fromper tanamiproperties.com, 13 Sep 2026
- AED 771K≈ $210K
- Sold fromDLD, 12 months
- AED 1M
- Buyers paid vs DLD median
- +15%
Price, payment plan and homes
Price per tanamiproperties.com, 13 Sep 2026- Last listed from
- AED 771K
- ≈ $210K
- Bedrooms
- Not published
- 526 units
- Payment plan
- 100/0/0
- The plan it was sold on off-plan
- Handover
- Ready
DLD registered sales
- Sold from
- AED 1M
- · 19 sales, 12 months
Homes and floor plans
526 homes · Freehold- 1 bedPaid AED 1.03M – 1.15MNot in the table
- 2 bedPaid AED 1.5M – 1.83MNot in the table
Paid: middle half of each type's resales, Nov 2025–Sep 2026 · DLD
Payment plan
On AED 771K- 100% at bookingAED 771K
100% Down Payment (On Booking Date)
Location · Business Bay · Dubai
Mixed-use towers along the Dubai Canal, immediately south of Downtown.
The in-depth review
Why it scores 78
Price per sqft vs registered sales
Dubai Land Department open data · this project as of 2 Oct 2026, the area 4 Oct 2026+15% above what buyers paid nearby
22 finished sales, last 12 months
Finished sales, since 1 Jan 2026, 1,714 registered sales in the area
How this is measured
Buyers paid a median of AED 2,096/sqft in this project (finished sales, last 12 months, 22 registered sales, as of 2 Oct 2026) against the DLD median of AED 1,821/sqft for apartments in Business Bay, as of 4 Oct 2026. DLD registers every sale in Dubai, and names the project on each. Both figures are sales of finished homes: this project's against its area's. Source: Dubai Land Department open data.
How the 78 was scored
4 of 5 factors · 80% of the weight · 1 Nov 2026How each factor was measured
Each factor with what it was measured on. Its score and the reasoning are in the full breakdown.
- Price against what buyers actually paid
- 22 registered finished sales here, against the median of 1,714 finished sales in Business Bay · DLD
- Growth since launch
- Measured once the building has 10 registered sales in its launch year and 5 resales in the last 12 months
- Developer track record
- Our rating, 20 delivered projects, how its 33 finished buildings resell and who stands behind it
- Location and infrastructure
- Our rating of Business Bay, and 5 kinds of places measured from the pin · OpenStreetMap
- How big the resale market is
- 1,714 resales of finished apartments in Business Bay this year · DLD
Confidence medium: what buyers paid here is a median of 22 registered sales, against 1,714 in the area; 22 is a small sample for one project.
76 → 78 20 Oct 2026, price factorScored since 26 Sep 2026 · 8 score changes
Not ranked: the ranking lists only projects still on sale.
The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.
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The full breakdown behind the 78
Free for 90 days. One sign-up opens everything on the site: the breakdown behind all 1,626 scored projects, the figures and reasons behind the developers' ranking, and rent, a mortgage and fees in every forecast. Nothing to pay.
- The 22 registered sales here: date, size and price paid
- The 4 assessed factor scores, with the figure and source behind each
- Damac Properties' DLD record: 17 projects, 0 past their date
- Score history since 26 Sep 2026 and why each move happened
See what buyers paid at VERA Residences, and everything behind the 78.
- Projects scored
- 1,626
- projects scored
- Factors
- 8
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Ready
Handed over
What this means
VERA Residences has been handed over: homes here are built and ready to move into, so a purchase is a resale rather than off-plan.
DLD registration status
Verified 13 Sep 2026- Project registration1786
- Escrow accountNot published yet
- Developer licenceNot published yet
Where the figures come from
Check it on dubailand.gov.ae. How to read the DLD register.
Figures from tanamiproperties.com, saved 13 Sep 2026, last verified 13 Sep 2026. Construction figure from the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026. Launch date from the DLD's projects file (data.dubai, loaded 2026-06-15).
About
VERA Residences is a completed apartment tower by Damac Properties in Business Bay, Dubai.
- Developer
- Damac Properties
- Area
- Business Bay
- Status
- Ready
- Sales launch
- 15 Dec 2016
- Total units
- 526
- Ownership
- Freehold
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
What’s nearby
straight-line distance- Supermarket or mall370 m
- Metro or tram stop750 m
- Hospital or clinic950 m
- Beach1.6 km
- School2.3 km
The nearest of each on OpenStreetMap, Sep 2026.
Rental yield nearby
gross, apartments6.4% in Business Bay. A median rent of AED 113 per sqft a year on 7,717 new tenancy contracts, last 6 months, against AED 1,775 per sqft paid across 1,027 finished sales, last 6 months.
Before service charges, fees and empty periods; our arithmetic on Dubai Land Department open data figures, Oct 2026. The working
More in Business Bay
Compare side by sideAll projects in Business Bay
VERA Residences: questions buyers ask
How much does VERA Residences cost?
VERA Residences was last listed from AED 771,000 (about $210K), per tanamiproperties.com on 13 Sep 2026.
What is the price per sqft at VERA Residences?
Buyers paid a median of AED 2,096 per sqft at VERA Residences (finished sales, last 12 months, 22 registered sales).
When is the VERA Residences handover date?
VERA Residences is built and handed over, so a home bought here is ready to occupy rather than off-plan.
What is the VERA Residences payment plan?
VERA Residences is offered on a 100/0/0 plan: 100% on booking, 0% during construction and 0% at handover.
Is VERA Residences priced above or below what buyers paid nearby?
Buyers paid a median of AED 2,096 per sqft in VERA Residences (finished sales, last 12 months, 22 registered sales), which is 15% above the median of AED 1,821 per sqft that buyers actually paid for apartments in Business Bay, across 1,714 sales registered with DLD.
What is the Rendr Resale Score of VERA Residences?
VERA Residences scores 78 of 100 on the Rendr Resale Score, good, as of 1 Nov 2026; 4 of its 5 factors are assessed, 80% of the weight.
What rental yield do apartments in Business Bay make?
About 6.4% gross for apartments in Business Bay, worked out from DLD's own figures: new tenancy contracts, last 6 months, against finished sales, last 6 months, before service charges and fees.
Who is the developer of VERA Residences?
VERA Residences was developed by Damac Properties. It sits in Business Bay, Dubai.
Is VERA Residences registered with DLD?
VERA Residences is registered with the Dubai Land Department (DLD) under number 1786. Check it at dubailand.gov.ae before you pay.
Changes
Listed 13 Sep 2026 · 2 changes since, last 4 Oct 2026
Construction 100% complete
Source: the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026
Sales launch date set to 15 Dec 2016
Source: the DLD's projects file (data.dubai, loaded 2026-06-15)
Listed on the site
Source: tanamiproperties.com, saved 13 Sep 2026
Still weighing VERA Residences?
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