DAMAC WORLD REAL ESTATE L.L.C · Selling since 2015 · recent sales mostly resales
AED 1,908/sqft
-0.3%
AED 2,304,650
AED 1,375,272 to AED 4,161,119, from 8.5 years of this project's own history. A trend, not a forecast.
Wide range
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Vera Tower — not an asking price, and not this project’s overall median, which mixes every unit size together.
A year’s rent against what that size actually sold for in Vera Tower over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in Vera Tower itself; the rest are homes of the same size in Business Bay, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| 1 bed | AED 1.1M | AED 75,000/yrthis building · 136 new lets | 6.8% | 15 |
| 2 beds | AED 1.52M | AED 105,000/yrthis building · 119 new lets | 6.9% | 14 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a 1 bed here reads 9.7% instead of 6.8%, because it prices the home at AED 776.5K — the median across every sale on record — rather than the AED 1.1M it costs today. Every figure above uses the same twelve months on both sides.
What it returns after service charges
Starting from this building’s own owners-association budget for 2023 — AED 27/sqft, as filed with the Land Department. Charges have risen since then and the filing is matched to this page by name, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| 1 bed | AED 12,814 | AED 62,186 | 6.8% | 5.7% |
| 2 beds | AED 24,421 | AED 80,579 | 6.9% | 5.3% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Price vs. Business Bay median
-10.0%
Priced at or below the area's real median.
Developer track record
2,534 real transactions
3 completed · 0 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →Transport, schools, healthcare, and daily essentials within 3 km.
1.5 km
Business Bay
1.2 km
GEMS Our Indian School
1.0 km
Nexx Home Healthcare Services
202 m
Supermash
Straight-line distances — actual walking or driving routes will be longer. Measured from the centre of Business Bay — we couldn't pin this project's exact address, so treat these as area-level, not door-to-door. Places data from OpenStreetMap.