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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 13 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.

Recent Rental Transactions in Vera Residences

AED 70,000 Yearly Renewal5 Oct 2025
Vera Residences
1 Bed
Built-Up: 478 sqft Duration: 12 months
AED 100,000 Yearly Renewal17 Apr 2025
Vera Residences
2 Beds
Built-Up: 900 sqft Duration: 12 months
AED 150,000 Yearly New10 Apr 2025
Vera Residences
1 Bed
Built-Up: 475 sqft Duration: 24 months
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The data displayed is based on information gathered from DLD, following a thorough cleanup to exclude any outliers and exceptions. As a result, the displayed values may differ from those available on the DLD website.

Rental Trends in Vera Residences

Apartment TypeAverage Rental Price in AED
1-Bed93,000
2-Bed138,000
Based on property listings on Bayut.com over the last 12 months. Last updated 13 hours ago
FULLY FURNISHED | 1 BEDROOM | PRIME LOCATION
AED80,000Yearly
beds
1
baths
1
area
474 sqft
FULLY FURNISHED | 1 BEDROOM | PRIME LOCATIONVera Residences, Business Bay, Dubai, UAE
2 BHK apartment with Burj Khalifa View
AED16,999Monthly
beds
2
baths
2
area
908 sqft
2 BHK apartment with Burj Khalifa ViewVera Residences, Business Bay, Dubai, UAE
FULLY FURNISHED | HUGE BALCONY  | CANAL VIEW
AED125,000Yearly
beds
2
baths
2
area
908 sqft
FULLY FURNISHED | HUGE BALCONY | CANAL VIEWVera Residences, Business Bay, Dubai, UAE
BILLS INCLUDED | FULLY FURNISHED | 1 BEDROOM
AED95,000Yearly
beds
1
baths
1
area
477 sqft
BILLS INCLUDED | FULLY FURNISHED | 1 BEDROOMVera Residences, Business Bay, Dubai, UAE
Burj Khalifa View | High Floor | Contemporary
AED80,000Yearly
beds
1
baths
1
area
473 sqft
Burj Khalifa View | High Floor | ContemporaryVera Residences, Business Bay, Dubai, UAE
Sparking/ Canal view / Vera Residence
AED12,000Monthly
beds
2
baths
2
area
908 sqft
Sparking/ Canal view / Vera ResidenceVera Residences, Business Bay, Dubai, UAE
High-Floor | 2BR | Canal Facing | Vacant
AED89,888Yearly
beds
2
baths
2
area
899 sqft
High-Floor | 2BR | Canal Facing | VacantVera Residences, Business Bay, Dubai, UAE
Ready to Move-in | Fully Furnished | Amazing View
AED90,000Yearly
beds
1
baths
1
area
474 sqft
Ready to Move-in | Fully Furnished | Amazing ViewVera Residences, Business Bay, Dubai, UAE
Contemporary, Modern Finish, Canal View, Ready!
AED75,000Yearly
beds
1
baths
1
area
474 sqft
Contemporary, Modern Finish, Canal View, Ready!Vera Residences, Business Bay, Dubai, UAE
Semi-furnished 2 Bedroom  Available For Rent Near to Dubai Mall
AED105,000Yearly
beds
2
baths
2
area
898 sqft
Semi-furnished 2 Bedroom Available For Rent Near to Dubai MallVera Residences, Business Bay, Dubai, UAE
Canal Facing |High Floor | Ready to Move In
AED75,000Yearly
beds
1
baths
1
area
477 sqft
Canal Facing |High Floor | Ready to Move InVera Residences, Business Bay, Dubai, UAE
Multiple Cheques | Burj Khalifa View | Furnished
AED90,000Yearly
beds
1
baths
1
area
513 sqft
Multiple Cheques | Burj Khalifa View | FurnishedVera Residences, Business Bay, Dubai, UAE
Prime Location |Fully Furnished | Multiple Cheques Payment
AED95,000Yearly
beds
1
baths
1
area
480 sqft
Prime Location |Fully Furnished | Multiple Cheques PaymentVera Residences, Business Bay, Dubai, UAE
Fully Furnished 2 Bedroom 2 Bath | vacant | Ready to Move In
AED115,000Yearly
beds
2
baths
2
area
897 sqft
Fully Furnished 2 Bedroom 2 Bath | vacant | Ready to Move InVera Residences, Business Bay, Dubai, UAE
Fully Furnished | Full Burj Khalifa View | Low Floor
AED125,000Yearly
beds
2
baths
2
area
890 sqft
Fully Furnished | Full Burj Khalifa View | Low FloorVera 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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Recent Sale Transactions in Vera Residences

AED 1,025,00025 Mar 2025
Vera Residences
1 Bed
Built-Up: 479 sqft
AED 2,000,00024 Mar 2025
Vera Residences
2 Beds
Built-Up: 888 sqft
AED 1,010,00024 Mar 2025
Vera Residences
1 Bed
Built-Up: 475 sqft
lightbulb

The data displayed is based on information gathered from DLD, following a thorough cleanup to exclude any outliers and exceptions. As a result, the displayed values may differ from those available on the DLD website.

Sales Trends in Vera Residences

Apartment TypeAverage Sales Price in AED
1-Bed1,420,000
2-Bed2,250,000
Based on property listings on Bayut.com over the last 12 months. Last updated 13 hours ago
Modern 2BR Lay-out | Canal View | Unfurnished
AED1,700,000
beds
2
baths
2
area
901 sqft
Modern 2BR Lay-out | Canal View | UnfurnishedVera Residences, Business Bay, Dubai, UAE
Modern 2BR | Canal View | Fully Furnished | 8% ROI
AED1,600,000
beds
2
baths
2
area
899 sqft
Modern 2BR | Canal View | Fully Furnished | 8% ROIVera Residences, Business Bay, Dubai, UAE
Vacant l Premium Location l Investor Deal
AED1,050,000
beds
1
baths
1
area
475 sqft
Vacant l Premium Location l Investor DealVera Residences, Business Bay, Dubai, UAE
Canal view | Vacant | High floor
AED1,690,000
beds
2
baths
2
area
905 sqft
Canal view | Vacant | High floorVera Residences, Business Bay, Dubai, UAE
Rented | High Floor | Burj Khalifa View | High ROI
AED2,100,000
beds
2
baths
2
area
897 sqft
Rented | High Floor | Burj Khalifa View | High ROIVera Residences, Business Bay, Dubai, UAE
Burj khalifa full view | High floor
AED2,100,000
beds
2
baths
2
area
897 sqft
Burj khalifa full view | High floorVera Residences, Business Bay, Dubai, UAE
Big Layout | Canal View | Great Investment
AED1,250,000
beds
1
baths
1
area
473 sqft
Big Layout | Canal View | Great InvestmentVera Residences, Business Bay, Dubai, UAE
2 bed| high floor | Burj view
AED2,100,000
beds
2
baths
2
area
897 sqft
2 bed| high floor | Burj viewVera Residences, Business Bay, Dubai, UAE
High Floor | Fully Furnished | Prime Location
AED1,200,000
beds
1
baths
1
area
485 sqft
High Floor | Fully Furnished | Prime LocationVera Residences, Business Bay, Dubai, UAE
Burj View| Unfurnished Apartment|| Elegant
AED1,600,000
beds
2
baths
2
area
890 sqft
Burj View| Unfurnished Apartment|| ElegantVera Residences, Business Bay, Dubai, UAE
Vacant | Furnished |Burj Khalifa View | High Floor
AED1,190,000
beds
1
baths
2
area
513 sqft
Vacant | Furnished |Burj Khalifa View | High FloorVera Residences, Business Bay, Dubai, UAE
Brand New 1BR | Burj Khalifa View | Furnished
AED1,400,000
beds
1
baths
1
area
475 sqft
Brand New 1BR | Burj Khalifa View | FurnishedVera Residences, Business Bay, Dubai, UAE
Fully Furnished | Canal View | Hot Deal
AED1,640,000
beds
2
baths
2
area
997 sqft
Fully Furnished | Canal View | Hot DealVera Residences, Business Bay, Dubai, UAE
Fully Furnished | Fully Equipped Kitchen | Prime Location
AED1,250,000
beds
1
baths
1
area
476 sqft
Fully Furnished | Fully Equipped Kitchen | Prime LocationVera Residences, Business Bay, Dubai, UAE
Investor Deal | Unfurnished 2BR-Prime Business Bay
AED1,799,000
beds
2
baths
2
area
890 sqft
Investor Deal | Unfurnished 2BR-Prime Business BayVera 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 13 hours ago

1-bed apartments offer the highest ROI in Vera Residences of 7.13%. 2-bedroom flats generate about 6.61% 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.

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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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