Věra Residences
Ready to Move InDubai

DAMAC Properties · Dubai

Věra Residences

Business Bay, Dubai

Bedrooms

Studio – 2 Bed

Type

Apartment

Payment Plan

Cash, or the developer’s standard deferred plan (20% deposit, 8 x 10% installments over 24 months) — confirm current terms

Handover

Completed

Payment Plan

Deposit

Immediate

20%

1st Installment

Within 3 months of sale date

10%

2nd Installment

Within 6 months of sale date

10%

3rd Installment

Within 9 months of sale date

10%

4th Installment

Within 12 months of sale date

10%

5th Installment

Within 15 months of sale date

10%

6th Installment

Within 18 months of sale date

10%

7th Installment

Within 21 months of sale date

10%

8th Installment

Within 24 months of sale date

10%
Total100%

Amounts are indicative based on starting price. Developer contract sets the exact instalment schedule.

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Building Height

29–30 Floors

Starting Price

AED 816K

Sister Tower

Rěva Residences

Status

Ready to Move In

Unit Sizes

1 Bedroom474 – 511 sq ft
2 Bedroom900 – 996 sq ft

At a Glance

  • Ready to move in and furnished — 29–30-storey twin tower, already delivered, completed 2022
  • Overlooks the Dubai Canal, close to the prestigious Downtown Dubai district
  • Sister tower to Rěva Residences, sharing the same twin-tower skyline
  • Beautifully styled marble lobby with refined ambience
  • Landscaped gardens, temperature-controlled pool, gym, steam rooms and sauna
  • Currently available units range AED 816,000 – 1,451,000, 474 – 996 sq ft, per DAMAC’s own dated unit-price list

About this project

Věra Residences is a ready-to-move-in twin tower in Business Bay, overlooking the Dubai Canal and close to the prestigious Downtown Dubai district — sister tower to Rěva Residences, sharing the same skyline. Spacious, furnished studio, 1 and 2-bedroom apartments with exclusively designed interiors. A beautifully styled marble lobby, landscaped gardens, temperature-controlled pool, gymnasium, steam rooms and sauna anchor the amenity offering. Completed in 2022 and already delivered — DAMAC continues to offer remaining units with a deferred payment structure. Ask a PropSentral advisor for current availability and pricing.

Interior, fully-furnished — click to enlarge

Amenities

Lifestyle & Comfort

  • Furnished Apartments
  • Marble Lobby with Reception

Outdoor & Views

  • Landscaped Gardens
  • Covered Parking

Wellness & Fitness

  • Temperature-Controlled Swimming Pool
  • Gymnasium
  • Steam Rooms & Sauna

Security & Access

  • 24-Hour Security

Investment Factors

Sourced demand and location factors — not a score, forecast, or recommendation. Use these to inform your own judgement.

Completion Status & Relationship to Rěva

No document in this batch states a completion/handover date directly — WebSearch (Metropolitan Premium Properties, Binayah, Tanami Properties) confirms completion in 2022, 29–30 floors. The exterior render in this project’s own brochure genuinely shows two connected towers together — consistent with Věra and Rěva (built earlier in this batch) being sister/twin towers sharing one physical site, not two names for the same building. Like Rěva’s brochure, this document also contains the copy-paste typo "Vra Residences" in body text (vs. the cover’s correctly-branded "Věra Residences", repeated with the DAMAC logo) — the same template inconsistency found on Rěva, now confirmed to recur across both sister towers’ marketing materials.

  • 29–30-storey twin tower, completed 2022Source: WebSearch — Metropolitan Premium Properties, Binayah, Tanami Properties

Pricing & Unit Sizes

The Unit List PDF (3 pages) is a small, dated per-unit price sheet (unit codes prefixed "VRA") — 13 individual units read across the sheet: 9 one-bedroom, 4 two-bedroom. The brochure’s own body copy mentions studios as an available type, but none appear in the current price sheet — correctly reflected as not currently listed rather than assumed away. Some 2-bedroom rows disclose only an "upfront price" (no separate standard price); both price columns were used interchangeably as the best-available current figure for each row, flagged here for transparency.

    Imagery

    Two genuine Věra-specific images used: an exterior twin-tower render (matching the brochure’s own "All the space you need" copy, explicitly showing two connected towers) and a lobby render (matching the brochure’s own "Elegant Luxury Inside Out" section, captioned "...the beautifully styled lobby and refined ambience of Věra...").

      Not assessed here: competing/upcoming supply in the immediate area, projected capital growth, and future rental demand. These require independent research or a licensed local agent — ask a PropSentral advisor if you'd like help finding one.

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      Location

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      Map shows approximate project location. Exact site boundaries may vary.

      About the Developer

      DAMAC Properties

      DAMAC Properties is a leading luxury real estate developer in the Middle East, with a portfolio spanning residential, commercial, hospitality and leisure properties. Known for landmark partnerships with Cavalli, Versace, Paramount Hotels, and Fendi Casa.

      View all DAMAC Properties projects

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      Starting from

      AED 816K

      Cash, or the developer’s standard deferred plan (20% deposit, 8 x 10% installments over 24 months) — confirm current terms · Handover Completed

      Dubai — Market Yield Range

      5% – 12.5% gross p.a.

      Market-wide historic data, not a forecast for this unit. PropSentral does not provide investment or financial advice — seek independent advice before deciding.

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      Developer-Direct Pricing

      Same price as booking through the developer — zero resale markup.

      One Advisor, Start to Finish

      A single point of contact from reservation through to handover — no chain of resellers.