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Vera Residences

Key information

Building age:

2 Years

Floor:

12

Length of stay:

Short term: 1.93%

Long term: 98.07%

Renewal rate:

Avg. 17.72%

Rental yield:

Avg. 7.7%

About Vera Residences

Vera Residences was developed by DAMAC Properties in 2022. It is located on Marasi Drive Street in Business Bay, featuring studio, 1, and 2-bedroom apartments. Apartments here overlook the Dubai Canal and Burj Khalifa.


Business Bay is one of the most vibrant districts in Dubai, where you can find various residential, and commercial skyscrapers. It’s located near Downtown Dubai, DIFC, and Sheikh Zayed Road, with access to public transportation links like the metro and many bus stations. The area is known for the stunning Dubai Canal and its amazing architecture.

Amenities in DAMAC Vera Residences

  • High-Speed Elevators
  • Covered Parking
  • 24/7 Security
  • Maintenance Services
  • Elegant Lobby
  • Gym
  • Swimming Pool
  • Sauna and Steam Rooms
  • Landscaped Gardens
  • Outdoor Courtyard

Types of Apartments in Vera Residences, Business Bay

Damac Vera Residences offers studio, 1, and 2-bedroom apartments.

Studio Apartments

Studio apartments in Damac Vera Residences, feature a bathroom, a kitchen, a dining area, and a balcony.

1-Bedroom Apartments

The 1-bedroom apartments in Damac Vera Residences feature one bedroom, a bathroom, a kitchen, a living area, and a balcony.

2-Bedroom Apartments

The 2-bedroom apartments in Damac Vera Residences feature 2 bedrooms, including a master bedroom with an en-suite bathroom and another guest bathroom,, a kitchen, a living area, a dining area, and a balcony.

Transportation Near DAMAC Vera Residences

Transportation from and to Damac Vera Residences is easy due to the many bus, metro, and tram stations nearby. Those who drive can easily reach Al Khail Road and Sheikh Zayed Road in a few minutes.

Bus Stations Near Vera Residences, Business Bay

  • Canal Views Hotel Apartments 1 is a 1 minute walk away, right in front of the building.
  • Coral Tower 1: 4-minute walk
  • Canal Views Hotel Apartments 2: 14-minute walk, 3-minute drive

Metro Stations Near Vera Residences Tower, Business Bay

  • Burj Khalifa/ Dubai Mall Metro Station: 7-minute drive.
  • Business Bay Metro Station: 8-minute drive.
  • Financial Centre Metro Station: 13-minute drive.

Landmarks and Things to Do Near DAMAC Vera Residences

Bay Avenue Park: A green space with a jogging path and views of skyscrapers. It is only a 6-minute drive from Damac Vera Residences.


At The Top, Burj Khalifa: The highest observation deck in the world, where you can enjoy the breathtaking views of the city. It is only a 9-minute drive from Damac Vera Residences.


Dubai Mall: One of the largest and most popular malls in the city, Dubai Mall has a plethora of shopping, dining and entertainment options, including the famous Dubai Fountain. It’s a 7-minute drive from DAMAC Vera Residences.

Nearest points of interest

Restaurants
Tasting Bay
117 m
Galitos
142 m
Poke And Co
173 m
Wing Stop
196 m
La Maison
211 m
Groceries
View City Mini Mart
60 m
Choithrams
117 m
Farmers Supermarket
214 m
7 Eleven
261 m
ADNOC Oasis
353 m
Schools
Hartland International School
2.5 km
North London Collegiate School Dubai
2.8 km
Dubai International private School - BR
2.9 km
Iranian Towheed Boys School
2.9 km
GEMS Our Own Indian School
2.9 km
Hospitals
Bay Square Ladies Massage And Relaxation Center
306 m
Empire Dental Clinic
597 m
Elite Style Polyclinic
764 m
Jadore Medical Center
818 m
Amana Home Health Care Center
885 m
Religious
Ahel Al Sunnah Mosque (625)
1.6 km
Bay avenue mousq
2.7 km
Rashid bin Bakhit Mosque
2.8 km
Dubai Mall Mosque
2.8 km
Al Quoz Cemetery Mosque
3 km

Average prices

Average price of properties rented in Vera Residences in the last 12 months
TypeAvg. Price (AED/ year)
1 Bedroom85,000
2 Bedrooms118,000

The data displayed is based on Property Finder’s last 12 months listing data.

Nearby prices

Average price of a 1 bedroom apartment nearest to Vera Residences
J ONERevaResidencesDAMACMajestineJ ONE Tower AVeraResidences40K60K80K100K120K140K160K180K

The data displayed is based on average prices and sizes of 1 bedroom apartment rented in the last 3 months.

Properties available in the area

1 bedroom properties currently available in Business Bay by price range.
100K200K300K400KNumber of listings200400600800

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