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Dubai project data

VERA TOWER: rents and rent contracts

فيرا تاور

Registered sales and rent contracts for the project VERA TOWER in Business Bay, from Dubai Land Department open data.

VERA TOWER (Business Bay): 382 registered rent contracts in the 12 months to September 2026, median annual rent AED 82,000. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.

Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Registered sales
25
−53.7% vs previous 12 months
Median price per sq ft
AED 2,098 per sq ft
−2.5% vs previous 12 months
Median sale price
AED 1.3m
Off-plan share of sales
under 3
Registered rent contracts
382
Median annual rent
AED 82,000
Gross rental yield
under 30 sales (25)
Mortgage registrations
20
Units in the register
526

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Registered mortgage transactions only, without interest rates and without lenders.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Off-plan and ready sales in VERA TOWER

StatusSalesMedian per sq ftMiddle range per sq ft
Off-planunder 3under 3under 3
Ready25AED 2,098 per sq ft1,700 – 2,278

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Rents and rental yield in VERA TOWER

Registered rent contracts
382
Median annual rent
AED 82,000
Middle range of registered annual rents: AED 70,000 – AED 104,738
Median annual rent per sq ft
AED 128 per sq ft
Gross rental yield
under 30 sales (25)

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Too few ready apartment sales for a gross rental yield: 25 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price per sq ft and rents by unit type in VERA TOWER

Unit typeSalesMedian per sq ftMedian annual rentGross yield
1 bedroom12AED 2,261 per sq ftAED 72,000under 30 sales (12)
2 bedrooms13AED 1,700 per sq ftAED 105,000under 30 sales (13)

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price trend in VERA TOWER

MonthSalesMedian per sq ftRent contracts
Oct 20247AED 1,989 per sq ft52
Nov 20248AED 2,084 per sq ft47
Dec 20244AED 2,211 per sq ft45
Jan 20253AED 2,275 per sq ft26
Feb 2025under 3under 324
Mar 20258AED 2,198 per sq ft21
Apr 2025under 3under 320
May 20253AED 2,267 per sq ft16
Jun 2025under 3under 319
Jul 20256AED 2,095 per sq ft14
Aug 20253AED 2,216 per sq ft26
Sep 20257AED 2,043 per sq ft49
Oct 20254AED 1,664 per sq ft52
Nov 2025under 3under 343
Dec 2025under 3under 349
Jan 2026under 3under 320
Feb 2026under 3under 332
Mar 20264AED 2,098 per sq ft11
Apr 2026under 3under 312
May 2026under 3under 317
Jun 2026under 3under 319
Jul 20264AED 1,951 per sq ft42
Aug 2026under 3under 330
Sep 2026under 3under 355
Sales per calendar year
YearSalesMedian per sq ft
2018446AED 1,532 per sq ft
201927AED 1,438 per sq ft
20203AED 1,332 per sq ft
20215AED 1,243 per sq ft
202271AED 1,589 per sq ft
202363AED 1,794 per sq ft
202464AED 2,084 per sq ft
202543AED 2,184 per sq ft

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Location

VERA TOWER is a project in the DLD area Business Bay.

Figures for Business Bay

Names as in the registered transactions and rent contracts; company names are not shown.

More projects in Business Bay

Questions about VERA TOWER

How many sales were registered in VERA TOWER?
25 sales were registered in VERA TOWER in Oct 2025 – Sep 2026.
What is the median price per sq ft in VERA TOWER?
The median price of registered sales in VERA TOWER was AED 2,098 per sq ft in Oct 2025 – Sep 2026.
What is the median annual rent in VERA TOWER?
The median annual rent of registered rent contracts in VERA TOWER was AED 82,000 in Oct 2025 – Sep 2026.
Which DLD area is VERA TOWER in?
VERA TOWER is registered in the Dubai Land Department area Business Bay.

Method and source

All Dubai projects with figuresAll Dubai areasHow these figures are calculated

Figures based on fewer than 3 records are not shown.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae