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Ejari leases to 12 Oct 2026

Vera Tower rents

  • 271 new leases and 105 renewals in 12 months
  • 522 units
  • Business Bay
  • near Burj Khalifa / Dubai Mall Metro Station

A one-bed here leases for about AED 70,000 a year, 27% below the typical Business Bay one-bed. Renewing tenants pay more than new ones: AED 74,000.

1 bed · typical new lease

70,000AEDa year

AED 146/sqft · -6.7% on a year

A month, roughly
AED 5,833
Renewal
AED 74,000
vs Business Bay 1 bed
27% below the median
New leases, 12 months
152
Buying instead? Vera Tower sale prices →

What should a lease in Vera Tower cost?A one-bed leases for about AED 70,000 a year; renewing tenants pay 5.7% more than new ones

TypeNew leaseRenewalvs Business BayLeases
Studio65,000183/sqft—6% lesstypical 69,0001
1 bedmost leased70,000146/sqft74,00060 renewals27% lesstypical 96,500152
2 bed100,000111/sqft106,00045 renewals29% lesstypical 140,000118

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Business Bay median for the type.

Ask an agent about this rent →

Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A one-bed here now costs 6.7% less than a year earlier: AED 70,000 against 75,000.

Median annual rent, 1 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, 1 bed: Aug 2022, AED 63,500; latest, Oct 2026, AED 63,750; peak, Dec 2025, AED 82,000.

StartTypeSqftAnnual rentAED/sqftContract
10 Oct 20261 bed482AED 83,000172Renewal
10 Oct 20262 bed908AED 100,000110Renewal
10 Oct 20262 bed890AED 90,000101Renewal
10 Oct 20262 bed892AED 110,000123New
9 Oct 20261 bed485AED 65,000134New
6 Oct 20261 bed475AED 63,000133New
5 Oct 20262 bed902AED 85,00094New
5 Oct 20261 bed478AED 72,941153Renewal
5 Oct 20261 bed475AED 66,000139New
4 Oct 20261 bed475AED 66,000139New

Showing the 60 most recent of 376 contracts starting on or after 12 Oct 2025.

About Vera TowerA 12-floor tower in Business Bay, a 9-minute drive from DIFC

Vera Tower is an apartment building completed in 2022 in Business Bay. 376 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge
Paid by the landlord · AED 25.64/sqft a year
Floors
12
Lifts
6
Parking bays
530
Pools
1

Drive times · typical

Downtown
11 min · 3.7 km
DXB Airport
14 min · 14 km
DIFC
9 min · 7.1 km
Dubai Marina
20 min · 22 km
Palm Jumeirah
27 min · 27 km

Nearest, as registered

Metro
Burj Khalifa / Dubai Mall Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Letting a unit in Vera Tower?72% of units here signed a yearly lease in 12 months, above the Business Bay median; new tenants pay more than renewing ones

Units on a yearly lease
72%Strength
Business Bay median 41%; top tenth from 69%
New tenant vs renewal
+2.5%
New leases AED 82,000, renewals 80,000, all types
Short-let instead, one-bed
AED 626
a night on Airbnb; nets 1.8× the yearly rent at 70% occupancy, after fees, cleaning and utilities

Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement

Thinking of selling? Vera Tower sale prices →

Comparables in Business Bay

Every Business Bay building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Vera Tower places 34th of 100; the nearest 8 are shown.

RankBuildingMedian rentAED/yr/sqft12-month changeContracts
30J One - 2AED 104,000133+5.2%-0.9%34
31The Sterling West HouseAED 135,000132+4.5%-10.0%48
32VybAED 98,500130+2.8%—8
33The Sterling East HouseAED 139,000128+1.4%-7.3%58
34Vera Tower · this buildingAED 82,000126-8.9%271
35Aykon City (2) -Tower CAED 87,000126-0.1%-13.0%324
36Marquise Square TowerAED 87,000126-0.3%-5.4%140
37West Five Businessbay ResidenceAED 100,000125-0.9%—72
38CourtAED 78,000123-2.5%+4.0%63

Rank 1 is the dearest per square foot. Differences are against Vera Tower.

At 1 bed, Vera Tower ranks 19th of 91 by rent per square foot and 48th of 76 by gross yield in Business Bay.

Market context in Business Bay

Registered sales activity

2,705 ready apartment sales in the 12 months to 2026-10-12.

+5.4% in median AED/sqft versus the preceding year, supported by 2,705 current and 3,581 prior price observations.

Explore sales activity

Planned apartment projects

10,312 known registered units across 12 pending projects planned within one year of the 2026-07-06 register.

10 projects had already passed their planned date; 6 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today.

Ready prices per sqft fell in 50% of 131 buildings (counted once per bedroom type) in Business Bay with sales in both years; the typical one moved −0.1%.

The pooled median moved +5.4%: 5.5 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 79% of 124 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.6%.

How these are counted
Find service-charge budget evidence for Vera Tower

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

Prices per sq ft around Vera Tower, on the map
Pills show median annual rent, AED. 85 buildings pinned from Google place records and Apple geocoding · Vera Tower is the inverted pinOpen in Apple Maps

Ask about Vera Tower

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Common questions

What is the registered annual rent for a 1 bedroom in Vera Tower?
The median new annual rent is AED 70,000, from 152 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in Vera Tower risen or fallen?
The median new annual rent changed -6.7% in the trailing 12 months against the previous 12, using 152 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
Do new tenants in Vera Tower pay more than sitting ones?
A new tenant pays -5.4% against a renewing one, across 60 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
How many apartments change hands in Vera Tower?
12 sales were registered with the Dubai Land Department in the last 12 months, alongside 152 Ejari rental contracts. Every median on this page rests on those counts.
Which metro station is closest to Vera Tower?
Burj Khalifa / Dubai Mall Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

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Vera Tower rental record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
118 registered rental contracts in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record
/rent/apartments/dubai/business-bay/vera-tower
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Vera Tower rents and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/business-bay/vera-tower

Stable dataJSON