Bayut Logo
Buildings
expand_more
Outside view of Vera Residences in Business Bay, DubaiReady

Vera Residences, Business Bay

manage_search

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.

Studio
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 11 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. Studio apartments take up the third position on the list.

Rental Trends in Vera Residences

Apartment TypeAverage Rental Price in AED
1-Bed88,000
2-Bed140,000
Last updated 11 hours ago

Those looking to rent apartments in Vera Residences can expect these price trends.

For more options, one can browse apartments for rent in Business Bay.

Sales Trends in Vera Residences

Apartment TypeAverage Sales Price in AED
1-Bed1,400,000
2-Bed2,153,000
Last updated 11 hours ago

Apartments for sale in Vera Residences have the following pricing details.

There are various other apartments for sale in Business Bay with different features and price tags.

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 11 hours ago

1-bed apartments offer the highest ROI in Vera Residences of 6.81%. 2-bedroom flats generate about 6.02% 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.

add_location

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.

Are you looking to rent or buy apartments in Vera Residences?

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.

reviews

Ratings & Reviews

Be the first to review this Building! Share your thoughts with others.

© 2024 Bayut Buildings Guides