Vera Residences by Damac Properties
Vera Residences by DAMAC Properties is a high-end residential project in Business Bay, Dubai’s trade and industry hub. The residences are expected to rise at the end of Dubai Creek and will be at the forefront of business centers, residential towers, landscaped gardens, and exciting destinations.
The homes in the 30-storey serviced apartment will be available in studio, 1 and 2-bedroom apartments. Vera Residences will also be connected to a network of waterways and major roads in the emirate like Sheikh Zayed Road and Al Khail Road. Nearby transportation networks that can be accessed in the area are metros, trams, buses, as well as land and water taxis.
Investors can enjoy an amazing investment opportunity with the potential to earn to 10 percent per year in rental yields. With an easy payment plan and lucrative returns, Vera Residences is one of the best property investments in Dubai.
Amenities
- Studios and one and two-bedroom apartments
- Elegant lobby with 24-hour reception and a concierge desk
- Landscaped gardens
- Temperature-controlled swimming pool
- State-of-the-art gymnasium with separate changing rooms for men and women
- Steam rooms and sauna
- Children’s play area
- Outdoor courtyard
- Wellness area
- Covered parking
Payment Plan
| Installment | Milestone | Payment (%) |
| 1st | Down Payment | 20% |
| 2nd | Year 1 | 40% |
| 3rd | Year 2 | 40% |
