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VERA TOWER

Project

DAMAC WORLD REAL ESTATE L.L.C

Project typeBuildings

Master developerداماك ورلد ريل استيت ش.ذ.م.م

Escrow agentبنك ابوظبى التجارى

StatusFinished

Completed100%

Start2016-12-15

Handover2022-03-31

Buildings1

Shop4

PROJECT CONFIGRATION IS B+G+3P+25+R , RESIDENTIAL BUILDING WITH RETAIL UNITS ON THE GROUND FLOOR. THE UNITS ARE DESIGNED TO HAVE A RAINFORCED CONCRETE STRUCTURE WITH INTERNAL AND EXTERNAL FINISHES.

Buildings

VERA TOWER 1

Floors12

Shop4

Parking530

Apartments

Studio4

1 B/R293

2 B/R225

Shop

Shop4

Official sales

Sales from 2015–2026

Number of sale deals739

Apartment738

Median sale price987,500 AED

Median price per sqft1,578 AED

Studio7

Median sale price629,000 AED

Median price per sqft1,977 AED

1 B/R432

Median sale price776,500 AED

Median price per sqft1,627 AED

2 B/R299

Median sale price1,268,000 AED

Median price per sqft1,405 AED

Whole building1

Median sale price90,193,905 AED

Median price per sqft1,350 AED

Official rent

Rent from 2022–2026

Number of rent contracts1,393

Apartment1,378

Studio5

Median year rent65,000 AED

1 bedroom743

Median year rent72,941 AED

2 bedrooms626

Median year rent105,000 AED

rooms not stated4

Median year rent75,000 AED

Shop15