Vera Residences

Starting PriceAED 499,000
Price Per Sqft fromAED 1,584
Area from315Sqft.
Type Apartments
BedroomsStudio1BR2BR
Location Business Bay
DeveloperDAMAC Properties
Developer Projects69
Handover2020 Q4
Views548

About Vera Residences

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.

Payment Plan:

InstallmentMilestonePercentage (%)
1st InstallmentDown Payment20% + 4% DLD
2nd Installment1% every month for 35 months1%
3rd InstallmentOn Completion45%

Amenities:

  • Children’s play area
  • Barbecue area
  • Temperature-controlled swimming pool
  • State-of-the-art gymnasium
  • Jogging track
  • Steam rooms and sauna
  • Landscaped gardens
  • Covered parking
  • Shopping boulevard

Project Details

  • Studio
  • Size from Sqft.
    315 Sqft.
  • Price from AED
    499,000
  • 1BR
  • Size from Sqft.
    474 Sqft.
  • Price from AED
    730,000
  • 2BR
  • Size from Sqft.
    901 Sqft.
  • Price from AED
    1,200,000

Escrow Account

Account Name VERA TOWER
Account Number 019500000144
Swift MASHREQ BANK PSC
Project No. 1786

Project Location

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Business Bay

Register your interest

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