Vera Residences

Starting PriceAED 613,000
Price Per Sqft fromAED 1,782
Area from344 Sqft.
Type Apartments
BedroomsStudio1BR2BR
Location Business Bay
DeveloperDamac Properties
Developer Projects72
Est. CompletionQ4 2020
Views1.9k

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:

InstalmentMilestonePayment (%)
DepositImmediate20% + 4% RERA registration fees
Next InstalmentFor 30 months1% per month
On the 32nd month1 payment5%
Last InstalmentOn Completion45%

Amenities:

  • Studios and one and two-bedroom apartments
  • Elegant lobby with 24-hour reception and 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

Price Range for Vera Residences

The sizes & prices above may not be updated. To get updated sizes & prices, click here.
The sizes & prices above may not be updated. To get updated sizes & prices, click here.

Location Map for Vera Residences

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Business Bay
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This location in the map may not be exact. To get exact location, click here.

Escrow Account

Account Name VERA TOWER

Escrow Account

Account Number 019500000144

Escrow Account

Swift MASHREQ BANK PSC

Escrow Account

Project No. 1786

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