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Outside view of Vera Residences in Business Bay, DubaiReady

Vera Residences, Business Bay

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HIGHLIGHTS

About Vera Residences

Vera Residences is a 29-storey residential tower in Business Bay, Dubai. It is located on Marasi Drive Street and offers studio, 1 and 2-bedroom apartments for rent and sale. It has facilities like parking, security, fitness and leisure options. The project by DAMAC Properties was completed in 2022.

street view of Vera Residences
Vera Residences is a new development in Business Bay

Business Bay is a popular mixed-use area in Dubai. It is connected to the rest of the city primarily via Sheikh Zayed Road and features several high-rise residential and commercial buildings. Residents can easily access shopping, dining, leisure, education and healthcare facilities. 

Fitness options in DAMAC Vera Residences include a gymnasium, swimming pool, saunas and steam rooms. The tower also has an outdoor courtyard and landscaped gardens. A supermarket is present on the ground floor. Travelling is easy via public transport.

In a Nutshell

  • Type of building: Residential
  • Location: Business Bay
  • Developer: DAMAC Properties
  • Date of completion: 2022
  • Number of floors: 29
  • Unit type: Studio, 1 and 2-bedroom apartments
  • Type of ownership: Freehold
  • Amenities: Gymnasium, swimming pool, saunas, steam rooms, landscaped gardens, outdoor courtyard, supermarket, covered parking, high-speed elevators, CCTV system
business

BUILDING DETAILS

Facilities in Vera Residences

PARKING

There is covered parking in Vera Residences by DAMAC.

ELEVATORS

The high-speed elevators in Vera Residences Business Bay Dubai provide seamless access to all the floors.

SECURITY, CENTRAL AIR-CONDITIONING AND MAINTENANCE SERVICES

Security and maintenance personnel in Vera Residence Dubai ensure safety and convenience for the residents.

GYM AND FITNESS FACILITIES

Residents can use the fully-equipped gym in Vera Residences along with a temperature-controlled swimming pool, saunas and steam rooms.

LIFESTYLE AMENITIES

One can spend leisure time in the landscaped gardens or the outdoor courtyard. A supermarket is also present within DAMAC Vera Residences.

CONCIERGE AND GUEST SERVICES

Concierge service is provided to guests and visitors.

PET-FRIENDLY

It is a pet-friendly project.

Vera Residences Floor Plans

Bayut has worked on creating a simple format for 2D and 3D floor plans on the website. You can easily find the unit type and bed type you are interested in by browsing Vera Residences floor plans.

Apartment Types in Vera Residences

Vera Residence Dubai offers studio, 1 and 2-bedroom apartments.

STUDIO APARTMENTS IN VERA RESIDENCES

Studio apartments in Vera Residences include a bathroom, a fitted kitchen and a balcony.

1-BEDROOM APARTMENTS IN VERA RESIDENCES

1-bedroom apartments in Vera Residences include a bathroom, a living/dining area, a modern kitchen and a balcony/terrace. The covered areas range from 470 sq. ft. to 523 sq. ft.

2-BEDROOM APARTMENTS IN VERA RESIDENCES

2-bedroom apartments in Vera Residences have two or three bathrooms, a living/dining area, a kitchen and a balcony/terrace. The covered areas range from 890 sq. ft. to 1,063 sq. ft.

1-Bed
2-Bed
0%20%40%60%80%100%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 6 hours ago

According to Bayut, 2-bedroom flats in Vera Residences enjoy the highest popularity. They are followed by 1-bed apartments in the second spot.

Rental Trends in Vera Residences

Apartment TypeAverage Rental Price in AED
1-Bed94,000
2-Bed138,000
Based on property listings on Bayut.com over the last 12 months. Last updated 6 hours ago
2 BHK apartment with Burj Khalifa View
AED15,999Monthly
beds
2
baths
2
area
908 sqft
2 BHK apartment with Burj Khalifa ViewVera Residences, Business Bay, Dubai, UAE
Fully Furnished | Burj View  | Vacant
AED95,000Yearly
beds
1
baths
1
area
475 sqft
Fully Furnished | Burj View | VacantVera Residences, Business Bay, Dubai, UAE
2 Bed Rooms + Pantry Room  | Canal View | Ready To Move In
AED126,999Yearly
beds
2
baths
2
area
908 sqft
2 Bed Rooms + Pantry Room | Canal View | Ready To Move InVera Residences, Business Bay, Dubai, UAE
Well Maintain | Higher Floor | Ready to Move | 2 Bedroom
AED115,000Yearly
beds
2
baths
2
area
899 sqft
Well Maintain | Higher Floor | Ready to Move | 2 BedroomVera Residences, Business Bay, Dubai, UAE
Furnished | Canal View | All Bills Included
AED103,750Yearly
beds
1
baths
1
area
476 sqft
Furnished | Canal View | All Bills IncludedVera Residences, Business Bay, Dubai, UAE
Furnished | Burj Khalifa View | All Bllls Included
AED106,000Yearly
beds
1
baths
1
area
474 sqft
Furnished | Burj Khalifa View | All Bllls IncludedVera Residences, Business Bay, Dubai, UAE
Spacious / Burj Khalifa View / Vera Residence
AED15,500Monthly
beds
2
baths
2
area
890 sqft
Spacious / Burj Khalifa View / Vera ResidenceVera Residences, Business Bay, Dubai, UAE
Sparking/ Canal view / Vera Residence
AED17,500Monthly
beds
2
baths
2
area
908 sqft
Sparking/ Canal view / Vera ResidenceVera Residences, Business Bay, Dubai, UAE
Magnificent / Burj Khalifa View / Vera Residence
AED11,000Monthly
beds
1
baths
1
area
475 sqft
Magnificent / Burj Khalifa View / Vera ResidenceVera Residences, Business Bay, Dubai, UAE
Magnificent / Canal View / Vera Residence
AED11,000Monthly
beds
1
baths
1
area
476 sqft
Magnificent / Canal View / Vera ResidenceVera Residences, Business Bay, Dubai, UAE
Ready to Move In | 2 BR | Canal View
AED100,000Yearly
beds
2
baths
2
area
1,043 sqft
Ready to Move In | 2 BR | Canal ViewVera Residences, Business Bay, Dubai, UAE
Budget Friendly | 1BR Furnished with Partial Burj Khalifa View | All Bills Inclusive
AED10,999Monthly
beds
1
baths
1
area
477 sqft
Budget Friendly | 1BR Furnished with Partial Burj Khalifa View | All Bills InclusiveVera Residences, Business Bay, Dubai, UAE
High floor, Prime Location, Canal View
AED115,000Yearly
beds
2
baths
2
area
899 sqft
High floor, Prime Location, Canal ViewVera Residences, Business Bay, Dubai, UAE
Furnished | Canal View | All Bills Included
AED100,000Yearly
beds
1
baths
1
area
485 sqft
Furnished | Canal View | All Bills IncludedVera Residences, Business Bay, Dubai, UAE
BURJ KHALIFA VIEW | HIGH FLOOR | FULLY FURNISHED | BEST PRICE
AED125,000Yearly
beds
2
baths
2
area
908 sqft
BURJ KHALIFA VIEW | HIGH FLOOR | FULLY FURNISHED | BEST PRICEVera Residences, Business Bay, Dubai, UAE
infoLook for listings with the TruCheck™ badge as those have been validated by the Bayut team.
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Sales Trends in Vera Residences

Apartment TypeAverage Sales Price in AED
1-Bed1,433,000
2-Bed2,250,000
Based on property listings on Bayut.com over the last 12 months. Last updated 6 hours ago
Best Price | Vacant | 2BR + Laundry | Canal View
AED1,500,000
beds
2
baths
2
area
1,043 sqft
Best Price | Vacant | 2BR + Laundry | Canal ViewVera Residences, Business Bay, Dubai, UAE
FULLY FURNISHED || BURJ KHALIFA VIEW || HIGH FLOOR
AED1,074,999
beds
1
baths
1
area
478 sqft
FULLY FURNISHED || BURJ KHALIFA VIEW || HIGH FLOORVera Residences, Business Bay, Dubai, UAE
Great ROI | Canal View | High Floor
AED1,100,000
beds
1
baths
1
area
482 sqft
Great ROI | Canal View | High FloorVera Residences, Business Bay, Dubai, UAE
Fully furnished | High ROI | Tenanted | Canal View
AED1,650,000
beds
2
baths
2
area
996 sqft
Fully furnished | High ROI | Tenanted | Canal ViewVera Residences, Business Bay, Dubai, UAE
Studio | Prime Location | Burj Khalifa View
AED850,000
beds
Studio
baths
1
area
353 sqft
Studio | Prime Location | Burj Khalifa ViewVera Residences, Business Bay, Dubai, UAE
Burj Khalifa View | Amazing Unit | Good Investment
AED1,600,000
beds
2
baths
2
area
907 sqft
Burj Khalifa View | Amazing Unit | Good InvestmentVera Residences, Business Bay, Dubai, UAE
Luxurious Living: 1-Bedroom Apartment for Sale in Vera Residence
AED1,200,000
beds
1
baths
1
area
475 sqft
Luxurious Living: 1-Bedroom Apartment for Sale in Vera ResidenceVera Residences, Business Bay, Dubai, UAE
HIGH FLOOR | BURJ KHALIFA VIEW | FURNISHED
AED1,300,000
beds
1
baths
1
area
480 sqft
HIGH FLOOR | BURJ KHALIFA VIEW | FURNISHEDVera Residences, Business Bay, Dubai, UAE
Canal View | Fully Furnished| Large Balcony
AED1,250,000
beds
1
baths
1
area
485 sqft
Canal View | Fully Furnished| Large BalconyVera Residences, Business Bay, Dubai, UAE
Great ROI | Canal View | Fully Furnished
AED1,500,000
beds
1
baths
1
area
486 sqft
Great ROI | Canal View | Fully FurnishedVera Residences, Business Bay, Dubai, UAE
Furnished | Full Burj Khalifa View | High Floor
AED2,000,000
beds
2
baths
2
area
908 sqft
Furnished | Full Burj Khalifa View | High FloorVera Residences, Business Bay, Dubai, UAE
Modern 2BR | High Floor | Burj View | Vacant
AED1,900,000
beds
2
baths
2
area
900 sqft
Modern 2BR | High Floor | Burj View | VacantVera Residences, Business Bay, Dubai, UAE
High Floor | Fully Furnished | Prime Location
AED1,250,000
beds
1
baths
1
area
485 sqft
High Floor | Fully Furnished | Prime LocationVera Residences, Business Bay, Dubai, UAE
Modern + New 2BR | High Floor | Full Burj View
AED2,100,000
beds
2
baths
2
area
897 sqft
Modern + New 2BR | High Floor | Full Burj ViewVera Residences, Business Bay, Dubai, UAE
High ROI | Close to Burj Khalifa | Investors Deal
AED1,123,000
beds
1
baths
1
area
485 sqft
High ROI | Close to Burj Khalifa | Investors DealVera Residences, Business Bay, Dubai, UAE
infoLook for listings with the TruCheck™ badge as those have been validated by the Bayut team.
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Rental Yield in Vera Residences

1-Bed
2-Bed
0%4%8%12%16%20%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 6 hours ago

1-bed apartments offer the highest ROI in Vera Residences of 7.20%. 2-bedroom flats generate about 7.06% return on investment.

Service Charges in Vera Residences

General FundPrice Per Sq. Ft. in AED
Services
info
General upkeep of the building
4.22
Maintenance
info
General repairs and replacements
2.90
Utilities Services
info
Charges for using DEWA/district cooling facilities and meters
6.91
Management Services
info
Owner’s association charges for managing the property
1.00
Insurance
info
Charge for the insurance of the building
0.55
Master Community
info
Fees for communal facilities in the neighbourhood
0.42
Reserved Fund
info
Funds used for major repairs and to help maintain the yearly service charges fees
1.80
Total 17.80
Additional ChargesPrice Per Sq. Ft. in AED
Unit A/C (Charges) 5.27

These are the service charges for Vera Residences* as per the Dubai Land Department. You can read more about service charges in Dubai if you are interested in buying a property in Dubai.

*Please note that these service charges are subject to change.

Dubai Transactions
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NEARBY AMENITIES

Transportation near Vera Residences

It takes about 5 minutes to get to Al Khail Road, whereas Sheikh Zayed Road is reachable within 7 minutes. As for public transportation near Vera Residences, one can easily travel using taxis, buses and metro.

BUS STATIONS NEAR VERA RESIDENCES

Canal Views Hotel Apartments 1 Bus Stop is less than a minute’s walk from the tower. It is serviced by buses 26, F14, F19B and X22.

METRO STATIONS NEAR VERA RESIDENCES

Business Bay Metro Station is the nearest option to use the Dubai Metro. It is a 7-minute drive away, also reachable via buses F14, F19B and X22.

Restaurants near Vera Residences

Finding cafes and restaurants in Business Bay is never a problem. Residents will be able to dine at the following eateries conveniently. 

  • Maru Udon
  • BASTA!
  • Ginos Deli
  • Cavo Restaurant
  • Leila
  • Mizu Restaurant
  • Bosporus
  • Annie Restaurant
  • Ting Irie
  • Kitchen6

All these restaurants near Vera Residences are reachable within 9 minutes and offer cuisines like Arabic, American, Italian, Japanese, Jamaican, Lebanese, Russian and Turkish.

Supermarkets near Vera Residences

Laya Mini Mart is present on the ground floor. For a greater product variety, one can head to these supermarkets near Vera Residences: 

  • Choithrams
  • Al Adil Supermarket
  • Bay Market

All these shopping options are within a 4-minute walk from the tower. Choithrams is counted among the best supermarkets in Dubai.

Schools and Nurseries Near Vera Residences

  • Jumeirah International Nursery
  • Dubai International Private School

Jumeirah International Nursery welcomes children aged 45 days to six years and follows the British Curriculum. It is about a 5-minute drive away.

Dubai International Private School is about 10 minutes away from Vera Residences. Located in Al Quoz 1, it offers education from Kindergarten to Grade 12 based on Houghton Mifflin Harcourt’s research program.

Nearby Buildings

All these residential buildings near Vera Residences have various apartments for rent and sale.

Major Landmarks

  • Dubai Mall
  • Burj Khalifa
  • Dubai Opera

Dubai Mall is a popular shopping venue about 8 minutes away. It is counted among the top malls in Dubai and features various shopping, dining and entertainment options.

Dubai Mall
Dubai Mall from the outside

Burj Khalifa is the world’s tallest tower and an iconic landmark in Downtown Dubai. It is a 7-minute drive away and offers several dining options and leisure activities. 

Dubai Opera is a popular destination for art lovers. The venue offers performances from top artists in genres like drama, music and comedy. It is about 6 minutes away from Vera Residences.

Things to Consider

Vera Residences offers a good set of facilities for maximum convenience and comfort. Similarly, living in Business Bay ensures quick access to essential amenities, including public transport. The tower offers just 1 and 2-bed units, so those looking for other apartment types can explore nearby projects.

FAQs

WHAT ARE THE APARTMENT TYPES IN VERA RESIDENCES?

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

DOES VERA RESIDENCES HAVE FLOOR PLANS?

You can find 2D and 3D floor plans for Vera Residences on the official Bayut website.

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