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Vera Tower

A 1 bed in Vera Tower costs a median AED 1.10M, rents long-let for AED 75,000/yr (7.28% gross), and returns 13.30% short-let at the assumed 80% occupancy — +0.1 pts vs Business Bay's 7.14% and +0.3 pts vs Dubai's 6.97% — from 45 sales and 275 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
17 in 12 months
Rental contracts · 1 bed
139 in 12 months
Buy
1.10MAED
AED 2,169/sqft
Long-let
7.28%
AED 75,000/yr
Short-let
13.30%
AED 626/night · 1.29/sqft

Price per sqft: Median of 5 registered sales of ready units in the last 3 months, most recent August 2026.

Priced off 5 sales in the last 3 months.

Yield spread
+0.1 pts
vs the Business Bay median for this unit type
AED/yr/sqft
AED 158
Sales
45
Rental contracts
275
Renewal rent
AED 73,720/yr
12 months
+2.8%
3 years
+21.8%+6.8%/yr

Based on 45 sales and 275 rental contracts in the last 24 months.

Vera Tower is an apartment building in Business Bay, Dubai. The closest metro station is Burj Khalifa / Dubai Mall Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2018 to 2026, 1,474 registered sales in all — the 45 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 800,00022653
1 bedAED 1.10M22617.28%
+0.1 pts
+2.8%45
2 bedAED 1.51M16845.68%
-1.0 pts
+3.4%30

Deltas compare each yield with the Business Bay median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

    Short-let rates around Vera Tower

    Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

    How short-let rates are measured
    Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
    TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
    Studio500m3571.01AED 82,161AED 62,5001.3×10.27%4+
    1 bed6261.29AED 146,300AED 75,0002.0×13.30%12+
    2 bed8810.98AED 202,248AED 108,0001.9×13.42%9+

    Nightly rate per sqft through the year

    Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

    2 bed: first Nov 2026, 0.99 AED/night/sqft; latest Sep 2027, 0.61 AED/night/sqft; peak Jan 2027, 1.13 AED/night/sqft.

    Net revenue assumes 80% occupancy — an assumption, not a measurement.

    What the net revenue deducts
    Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Vera Tower itself had too few listings of that type to measure.

    Off-plan vs resale

    Units sold off-plan in Vera Tower between 2018 and 2022 went for a median of AED 1,532/sqft (AED 829,000). The same building resells today at AED 2,158/sqft (AED 1.15M) — an uplift of +38.7%.

    Based on 525 off-plan sales across the building's full history.

    Why this uses the full history
    This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

    Recent transactions

    As filed with the Land Department — data to 2026-08-26.

    31 resales in the last 12 months, against 57 a year on average over 2023–2025.

    Sales

    DateTypeSqftPriceAED/sqft
    4 Aug 20261 bed485AED 1,015,0002,095
    29 Jul 20261 bed478AED 1,120,0002,345
    22 Jul 20261 bed475AED 1,030,0002,169
    16 Jul 20262 bed890AED 1,513,8481,700
    15 Jul 20261 bed487AED 950,0001,951
    29 Jun 20261 bed473AED 1,092,0002,308

    6 resales in the last 3 months.

    Rental contracts

    StartTypeSqftAnnual rentAED/sqftContract
    5 Oct 20261 bed478AED 72,941153Renewal
    5 Sept 20261 bed485AED 70,000144Renewal
    1 Sept 20262 bed902AED 100,000111New
    1 Sept 20262 bed902AED 75,00083New
    1 Sept 20261 bed475AED 62,000131New
    1 Sept 20261 bed474AED 70,000148New
    1 Sept 20262 bed908AED 105,000116New
    30 Aug 20261 bed477AED 65,000136New
    28 Aug 20262 bed899AED 85,00095New
    26 Aug 20262 bed908AED 115,500127Renewal
    25 Aug 20262 bed899AED 83,00092Renewal
    25 Aug 20261 bed485AED 70,000144New
    24 Aug 20262 bed908AED 85,00094New
    24 Aug 20262 bed908AED 85,00094New
    21 Aug 20261 bed513AED 60,000117New
    20 Aug 20261 bed478AED 60,000126New
    18 Aug 20261 bed605AED 72,000119Renewal
    15 Aug 20262 bed901AED 108,000120Renewal
    15 Aug 20261 bed475AED 65,000137New
    15 Aug 20262 bed902AED 75,00083New
    12 Aug 20261 bed480AED 60,000125New
    9 Aug 20262 bed900AED 98,000109Renewal
    8 Aug 20261 bed475AED 60,000126New
    8 Aug 20262 bed908AED 80,00088New
    8 Aug 20262 bed908AED 80,00088New
    3 Aug 20262 bed900AED 95,000106New
    2 Aug 20261 bed485AED 55,000113New
    1 Aug 20261 bed477AED 52,000109New
    1 Aug 20261 bed476AED 60,000126New
    1 Aug 20261 bed478AED 72,000151New
    1 Aug 20262 bed899AED 95,000106New
    1 Aug 20262 bed905AED 105,000116Renewal
    1 Aug 20261 bed477AED 60,000126New
    30 Jul 20261 bed479AED 55,000115New
    30 Jul 20262 bed909AED 90,00099New
    28 Jul 20261 bed474AED 70,000148Renewal
    27 Jul 20261 bed475AED 65,000137New
    25 Jul 20262 bed905AED 95,000105New
    23 Jul 20261 bed482AED 60,000124New
    22 Jul 20262 bed906AED 115,000127Renewal
    20 Jul 20262 bed897AED 88,00098New
    17 Jul 20262 bed905AED 91,000101New
    17 Jul 20261 bed473AED 68,000144New
    17 Jul 20262 bed900AED 110,000122New
    17 Jul 20261 bed477AED 60,000126New
    15 Jul 20262 bed899AED 85,00095New
    9 Jul 20262 bed906AED 92,000102New
    6 Jul 20261 bed479AED 60,000125New
    5 Jul 20261 bed475AED 65,000137New
    5 Jul 20261 bed473AED 70,000148Renewal
    3 Jul 20261 bed479AED 57,845121New
    3 Jul 20261 bed476AED 55,385116New
    2 Jul 20262 bed900AED 82,00091New
    1 Jul 20261 bed485AED 60,000124New
    1 Jul 20261 bed477AED 60,000126New
    1 Jul 20262 bed900AED 100,000111New
    1 Jul 20262 bed902AED 100,000111New
    1 Jul 20261 bed475AED 60,000126New
    1 Jul 20261 bed479AED 60,000125New
    1 Jul 20261 bed475AED 60,000126New

    Showing the 60 most recent of 90 contracts starting on or after 26 May 2026.

    Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

    As registered

    The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

    Floors
    12
    Lifts
    6
    Parking bays
    530
    Swimming pools
    1

    Nearby

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

    Compare with nearby buildings

    The most-traded buildings in Business Bay, on the same figures over the same window.

    Common questions

    What is the rental yield in Vera Tower?
    Vera Tower returns 7.28% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 275 rental contracts registered in the last 24 months.
    How much does a 1 bedroom in Vera Tower cost?
    The median registered sale price is AED 1.10M (2,261 AED/sqft), from 45 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
    What are apartments in Vera Tower selling for right now?
    Registered sales of ready units in Vera Tower over the last 3 months have a median of 2,169 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
    Have prices in Vera Tower risen or fallen?
    Median price per square foot moved +2.8% over the last 12 months against the 12 before it, on 45 registered sales. On a sample this size, read the direction rather than the exact figure.
    How does Vera Tower compare with Business Bay?
    Its 7.28% gross yield sits +0.1 pts against the Business Bay median of 7.14%, computed at the same bedroom grain over the same 24-month window.

    Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

    Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

    Vera Tower sale record

    Record type
    Building-level property market record
    Data date
    Evidence base
    45 registered sales in the trailing 24 months for the default unit type
    Sources
    Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
    Canonical record
    /sale/apartments/dubai/business-bay/vera-tower
    Method
    Definitions and calculations

    Cite as: Dubai Wealth Index. “Vera Tower sale prices and yield.” Business Bay, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/vera-tower.

    Stable dataJSON

    Where this data stops

    Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.