Vera Tower, Business Bay: sale prices and transactions
Vera Tower is a project registered with the Dubai Land Department (project no. 1786) in Business Bay. Since February 2018, 739 residential sales have been registered there, the latest in September 2026. Over the last 12 months, 24 sales closed at a median AED 22,939 per m² (AED 2,131 per sq ft).
- AED 22,939median price per m²
- AED 2,131median price per sq ft
- 739sales since 2018
- 24sales in 12 months
- -2.4%change year on year
Its price per m² is 10.1% below the Business Bay median (AED 25,523/m²). Most sales (71%) were registered off-plan: the project was sold before completion.
Vera Tower prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · 1 bedroom | 12 | AED 1,096,000 | 45 m² |
| Apartment · 2 bedrooms | 12 | AED 1,523,310 | 84 m² |
Vera Tower price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2019 | 27 | AED 15,475 | AED 1,438 | — |
| 2021 | 5 | AED 13,382 | AED 1,243 | — |
| 2022 | 71 | AED 17,101 | AED 1,589 | +27.8% |
| 2023 | 63 | AED 19,312 | AED 1,794 | +12.9% |
| 2024 | 64 | AED 22,657 | AED 2,105 | +17.3% |
| 2025 | 43 | AED 23,510 | AED 2,184 | +3.8% |
| 2026 (to mid-October) | 17 | AED 22,581 | AED 2,098 | -4% |
Vera Tower rents
369 Ejari contracts started in the project over the last 12 months. Indicative gross yield: 1 bedroom 6.5%, 2 bedrooms 6.9%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · 1 bedroom | 204 | AED 71,400 | 62,000 – 80,000 | AED 70,000 |
| Apartment · 2 bedrooms | 164 | AED 105,000 | 90,250 – 113,000 | AED 100,000 |
Location
- Nearest metro: Buj Khalifa Dubai Mall Metro Station
- Shopping mall: Dubai Mall
- Landmark: Downtown Dubai
Neighbouring projects in Business Bay
Same price per m² elsewhere in Dubai
- Naya at District One, Mohammed Bin Rashid Al Maktoum City District One — AED 22,925/m²
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11, Mohammed Bin Rashid Al Maktoum City District One — AED 22,955/m²
- Bellevue Towers, Downtown Dubai — AED 22,907/m²
- Parkside Hills, Dubai Hills Estate — AED 22,967/m²
Other projects in Business Bay
- Zada Tower — AED 22,985/m²
- Royal Regency — AED 22,839/m²
- The Paragon By IGO — AED 22,838/m²
- Urban Oasis — AED 23,167/m²
- Royal Regency Suites — AED 23,177/m²
- Chic Tower — AED 23,559/m²
- Sol Bay — AED 23,830/m²
- Binghatti Canal — AED 21,918/m²
Business Bay property prices · Business Bay rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Vera Tower?
Over the last 12 months the median is AED 2,131 per sq ft (AED 22,939 per m²) across 24 DLD sales.
How much is a 1 bedroom at Vera Tower?
Median sale price AED 1,096,000 for a median 45 m², across 12 sales over the last 12 months.
How many sales have been registered at Vera Tower?
739 residential sales registered with the DLD between February 2018 and September 2026, 71% of them off-plan.
Where is Vera Tower?
In Business Bay, Dubai; nearest metro station per the DLD: Buj Khalifa Dubai Mall Metro Station.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.