Home›Projects›VERA TOWER

VERA TOWER

by DAMAC WORLD REAL ESTATE L.L.C·BUSINESS BAYResidentialFreehold

Development & Handover Profile

✓ Handover Complete
Construction Progress100.0%
Project Start
Dec 15, 2016
Expected Handover
Mar 31, 2022
Total Units
526
Avg Unit Size
663 sqft
Freehold Ratio
100%
Escrow Agent
Abu Dhabi Commercial Bank
Median Price
AED 1.15M
PSF
AED 2,169/sqft
Sales 12M
15
vs Area
-17.1%
Asset Turnover
ⓘ
2.9%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
526
Avg Unit Size
663 sqft
2BR
42.8%
1BR
55.7%
Studio
0.8%
NA
0.8%

Room Configuration

Unit TypeCountShare
1BR29355.7%
2BR22542.8%
Studio40.8%
NA40.8%

Price & Volume Trend

Unit Liquidity Matrix

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit TypeInventory ShareSales Share (12M)Demand IndexStatus
1BR56.1%
293 units
54.8%
17 sold
0.98✓ BALANCED
2BR43.1%
225 units
45.2%
14 sold
1.05✓ BALANCED
Studio0.8%
4 units
0.0%
0 sold
—⚠️ STAGNANT

Recent Transactions

DateAreaProjectRoomsPricePSFStatusOwnership
4 Aug 2026
BUSINESS BAY1BRAED 1.01MAED 2,095/sqftReadyFreehold
29 Jul 2026
BUSINESS BAY1BRAED 1.12MAED 2,345/sqftReadyFreehold
22 Jul 2026
BUSINESS BAY1BRAED 1.03MAED 2,169/sqftReadyFreehold
16 Jul 2026
BUSINESS BAY2BRAED 1.51MAED 1,700/sqftReadyFreehold
15 Jul 2026
BUSINESS BAY1BRAED 950KAED 1,951/sqftReadyFreehold
29 Jun 2026
BUSINESS BAY1BRAED 1.09MAED 2,308/sqftReadyFreehold
5 May 2026
BUSINESS BAY2BRAED 2.12MAED 2,341/sqftReadyFreehold
17 Apr 2026
Published 20 Apr 2026
BUSINESS BAY2BRAED 1.95MAED 2,173/sqftReadyFreehold
8 Apr 2026
BUSINESS BAY1BRAED 1.15MAED 2,243/sqftReadyFreehold
30 Mar 2026
BUSINESS BAY1BRAED 1.20MAED 2,527/sqftReadyFreehold
30 Mar 2026
Published 31 Mar 2026
BUSINESS BAY2BRAED 500KAED 553/sqftReadyFreehold
25 Mar 2026
BUSINESS BAY1BRAED 1.10MAED 2,278/sqftReadyFreehold
1 Mar 2026
Published 2 Mar 2026
BUSINESS BAY2BRAED 1.90MAED 2,098/sqftReadyFreehold
26 Feb 2026
BUSINESS BAY2BRAED 1.64MAED 1,811/sqftReadyFreehold
27 Jan 2026
BUSINESS BAY2BRAED 1.45MAED 1,608/sqftReadyFreehold
18 Dec 2025
BUSINESS BAY1BRAED 1.05MAED 2,164/sqftReadyFreehold
10 Dec 2025
BUSINESS BAY2BRAED 1.50MAED 1,668/sqftReadyFreehold
25 Nov 2025
BUSINESS BAY1BRAED 1.20MAED 2,527/sqftReadyFreehold
24 Nov 2025
BUSINESS BAY2BRAED 1.50MAED 1,657/sqftReadyFreehold
30 Oct 2025
BUSINESS BAY1BRAED 1.25MAED 2,437/sqftReadyFreehold
27 Oct 2025
BUSINESS BAY2BRAED 1.48MAED 1,640/sqftReadyFreehold
20 Oct 2025
BUSINESS BAY1BRAED 1.08MAED 2,261/sqftReadyFreehold
16 Oct 2025
BUSINESS BAY2BRAED 1.50MAED 1,664/sqftReadyFreehold
24 Sep 2025
BUSINESS BAY1BRAED 1.10MAED 2,317/sqftReadyFreehold
24 Sep 2025
BUSINESS BAY2BRAED 1.60MAED 1,781/sqftReadyFreehold
19 Sep 2025
BUSINESS BAY1BRAED 1.10MAED 2,305/sqftReadyFreehold
19 Sep 2025
BUSINESS BAY1BRAED 1.10MAED 2,317/sqftReadyFreehold
10 Sep 2025
BUSINESS BAY2BRAED 1.58MAED 1,745/sqftReadyFreehold
3 Sep 2025
BUSINESS BAY1BRAED 990KAED 2,043/sqftReadyFreehold
2 Sep 2025
BUSINESS BAY2BRAED 1.75MAED 1,927/sqftReadyFreehold
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