AED1,300,000

Own this from just

5,347 AED/month
1 Bedroom
1 Bathroom
474 sqft / 44 sqm
APARTMENT FOR SALE IN VERA RESIDENCES, BUSINESS BAY

Burj View | Upgraded | Reduced

Engel & Voelkers is pleased to present this high floor one bedroom apartment in Vera Residences, offering direct Burj Khalifa and canal views from a prime position in Business Bay.

The apartment spans 474.37 sq. ft. and comprises one bedroom, one bathroom, a bright open plan living and dining area, a modern fitted kitchen, and built-in wardrobes. Floor to ceiling windows allow for abundant natural light while showcasing one of Dubai’s most iconic views, significantly enhancing both lifestyle appeal and rental performance.

This unit represents a high performing investment opportunity, particularly for short-term and holiday lettings. Burj-facing apartments in Vera Residences consistently achieve premium nightly rates, especially during Dubai’s peak season from October to April, when demand is at its strongest.

Based on current short-term rental performance in the building and surrounding Business Bay area, investors can expect an estimated gross ROI of approximately 8–10%, with peak winter months delivering above-average returns due to strong tourism, events, and corporate demand.

Key Features:

High floor | Burj Khalifa and canal views

474.37 sq. ft. | 1 Bedroom | 1 Bathroom

Estimated gross ROI: 8–10% (short-term rentals)

Excellent short-term letting demand within the building

Prime Business Bay location

Prime Location:
Vera Residences enjoys a strategic location in Business Bay, just minutes from Downtown Dubai, Dubai Mall, and major transport links, ensuring year-round rental demand from both tourists and professionals.

Residents benefit from a full range of amenities including a swimming pool, fully equipped gym, landscaped leisure areas, 24-hour security, concierge services, and covered parking.

Engel & Voelkers is one of the world’s leading service companies specializing in the brokerage of residential and commercial properties, yachts and aviation, with 1000 offices in over 30 countries.

Contact Engel & Voelkers today for further details.

Property details

Property Type

Apartment

Property Size

474 sqft / 44 sqm

Bedrooms

1

Bathrooms

1

Service Charges

23.63 AED per sqft


Amenities

Unfurnished


Location

Map preview
Vera Residences Towers
Vera Residences
Residential Insights

Price Range:

1.1M-1.9M AED
Business Bay Community
Business Bay
Community Insights
4/5215 building reviews

Well connected | Apartments and villas | Luxury

Price Range:

375K-400M AED


Price Insights

Transactions for Similar Properties

1 Bed Apartment in Vera Residences

Sold for

DateAEDArea (sqft)
8 Apr 2026
1,150,000
512
30 Mar 2026
1,200,000
474
25 Mar 2026
1,100,000
482
18 Dec 2025
1,050,000
485
24 Nov 2025
1,200,000
474

Rented for

DateAED/yearArea (sqft)
13 Apr 2026
80,000
474
12 Apr 2026
70,000
476
1 Apr 2026
78,500
485
25 Mar 2026
80,000
474
24 Mar 2026
70,000
512
See all transactions in this location

Powered byDataGuru

This property costs 32% less than the average price of 1 bedroom in Business Bay

Average Sale Price is 1,905,960 AED

This property is 46% smaller than the average size of 1 bedroom in Business Bay

Average size is 885 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Business Bay

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Agent Nicole Lungu

Nicole Lungu

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Response time

within 5 minutes

Experience

2 years

Languages

English

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Monthly payment

5,347 AED

with interest rate of

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Regulatory information
Regulatory information

Reference

W-048LOY

Listed

1 month ago

Broker License

16081

Agency name

ENGEL AND VOELKERS REAL ESTATE L.L.C

Zone name

Business Bay

Agent License

89325

DLD Permit Number

permit number

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