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Vera Tower
Business Bay DAMACDLD project 1786
Towers along the Dubai Water Canal in Business Bay, Dubai. Area photo, not this projectPhoto: Sergei Gussev, Wikimedia Commons, CC BY 2.0, resized and cropped
The short answer
Vera Tower is listed as finished on the DLD register. Its 25 home sales over Oct 2025–Sep 2026 registered at a median AED 1.3m, AED 2,098 per sq ft.
DLD registerSourceDLD project registerFigureas the register lists itDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
Finished
project 1786
Sales since Jan 2019SourceDLD registered salesWindowJan 2019–5 Oct 2026Based on293 salesFigurecount of registered sales of every typeDatasales to 5 Oct 2026How it is worked out
293
registered with DLD, all types
Median 2 BRSourceDLD registered salesWindowOct 2025–Sep 2026Based on13 salesFiguremedian price and median price per sq ft of home sales of this sizeDatasales to 5 Oct 2026How it is worked out
AED 1.5m
AED 1,700/sq ft · 13 sales
Median home priceSourceDLD registered salesWindowOct 2025–Sep 2026Based on25 salesFiguremedian of registered home sales, not an asking priceDatasales to 5 Oct 2026How it is worked out
AED 1.3m
25 home sales, Oct 2025–Sep 2026
Sales, 12 monthsSourceDLD registered salesWindowOct 2025–Sep 2026Based on25 salesFigureregistered sales of every property typeDatasales to 5 Oct 2026How it is worked out
25
−54% on Oct 2024–Sep 2025
Registered prices of 1-bedroom homes here, Oct 2025–Sep 2026
Lower quartile, median and upper quartile of 12 home sales; median size 480 sq ft.
The DLD project register
FinishedFinished on the DLD register
100% built at DLD’s inspection on 31 Mar 2022.
- DLD project number
- 1786
- Status
- Finished
- Completion date
- 31 Mar 2022
- Start date
- 15 Dec 2016
- Registered
- 31 Aug 2016
- Developer
- Damac World Real Estate L.L.C · DLD developer 1095
- Escrow account bank
- Abu Dhabi Commercial Bank
- Units
- 526
- Buildings
- 1: Vera Tower
Inspection history: 12 inspections on the register
| Inspection date | Built |
|---|---|
| 31 Mar 2022 | 100% |
| 14 Sep 2021 | 90.11% |
| 1 Apr 2021 | 73.09% |
| 22 Sep 2020 | 66.06% |
| 28 Apr 2020 | 42.62% |
| 19 Dec 2019 | 22.16% |
| 20 Aug 2019 | 13.43% |
| 3 Apr 2019 | 7.2% |
| 7 Nov 2018 | 5.05% |
| 6 Jun 2018 | 2.05% |
| 17 Jan 2018 | 0.2% |
| 26 Aug 2017 | 0.2% |
Source: Dubai Land Department project register, read 13 Oct 2026. The register’s own figures, shown as it lists them.
Developer’s reply: none yet. DAMAC can send a reply about these figures; replies are checked before they’re published and never change a number. How developers reply
Statement ID S-1786-H1 · DLD register read 13 Oct 2026
Home prices by size
registered home sales, Oct 2025–Sep 2026| Size | Sales | Median price | Median AED /sq ft | Median size, sq ft |
|---|---|---|---|---|
| 1 BR | 12 | AED 1.1m | 2,269 | 480 |
| 2 BR | 13 | AED 1.5m | 1,700 | 902 |
Medians of registered flat and villa sales with no data-quality flag; a size with fewer than 5 sales shows no median.
Check an asking price
use the size on the sale contractEnter the size and the asking price to compare them with registered sales.
The size starts at the median registered size for that size here; use the size on your sale contract. Fees as listed on DLD’s Property Sale Registration page. Compare with other projects in the price check
Latest registered sales
All recent sales| Date | Type | Sq ft | Price | AED /sq ft | vs area |
|---|---|---|---|---|---|
| 14 Sep 2026 | Flat · 2 BR Ready | 902 | AED 1.5m | 1,715 | −29% |
| 26 Aug 2026 | Flat · 2 BR Ready | 890 | AED 1.5m | 1,722 | −29% |
| 4 Aug 2026 | Flat · 1 BR Ready | 484 | AED 1.0m | 2,095 | −15% |
| 29 Jul 2026 | Flat · 1 BR Ready | 478 | AED 1.1m | 2,345 | −5% |
| 22 Jul 2026 | Flat · 1 BR Ready | 475 | AED 1.0m | 2,169 | −12% |
| 16 Jul 2026 | Flat · 2 BR Ready | 890 | AED 1.5m | 1,700 | −30% |
| 15 Jul 2026 | Flat · 1 BR Ready | 487 | AED 950k | 1,951 | −21% |
| 29 Jun 2026 | Flat · 1 BR Ready | 474 | AED 1.1m | 2,308 | −6% |
| 5 May 2026 | Flat · 2 BR Ready | 905 | AED 2.1m | 2,341 | −4% |
| 17 Apr 2026 | Flat · 2 BR Ready | 898 | AED 1.9m | 2,173 | −11% |
Every type of sale, newest first; DLD publishes no time of day. Price per sq ft for homes only. “vs area”: against the median for that size in Business Bay, Oct 2025–Sep 2026.
DAMAC’s newest ads
None of DAMAC’s 39 running ads names Vera Tower; these are the newest, from Meta’s Ad Library on 26 Oct 2026. Prices and claims in ads are the developer’s, not checked against DLD records.
A new wave of luxury living is taking shape on Dubai’s coastline. DAMAC Bay by Cavalli has reached 35% overall progress, with 65% of the superstructure complete and 15% of the facade now taking shape. As the vision rises, a new expression of coastal luxury draws closer to reality. #DAMAC #DAMACBayByCavalli #LuxuryLiving #ConstructionUpdate
Your new view is waiting. Introducing Sorrento Lagoon Views, with studios and 1-Bedroom apartments. #DAMAC #LuxuryLiving #SorrentoLagoonViews
50,000+ homes delivered, shaped by the relationships behind them. A few words from valued partners who have been part of the journey. #DAMAC #DAMAC50K #OneFamily
Business Bay market insights
Registered with DLD under the district Business Bay, 2019 to 5 Oct 2026.
AED 2,058Sep 2026−1%on Oct 2023
Each point is the median price per square foot of the month’s registered home sales (flats and villas). A month with fewer than 10 home sales is left as a gap. Registered prices, not asking prices.
Most sold size
1 bedroom
Share of the home sales over Oct 2025–Sep 2026 that recorded a bedroom count
Sales a year
13,134 sales2025+480%on 2019
Full years only, registered sales of every type. 4,953 sales in 2026 to 5 Oct.
Off-plan share
57% of the 8,128 sales over Oct 2025–Sep 2026 were registered as off-plan, DLD’s own registration type.
The full record
every figure behind the summarySales by year and by month
| Year | Sales | Off-plan | Ready | Value | Median home price | Median AED /sq ft |
|---|---|---|---|---|---|---|
| 2019 | 27 | 27 | 0 | AED 30.7m | AED 1.3m | 1,438 |
| 2020 | 3 | 3 | 0 | AED 3.2m | — | — |
| 2021 | 5 | 5 | 0 | AED 4.1m | AED 865k | 1,243 |
| 2022 | 71 | 44 | 27 | AED 71.4m | AED 895k | 1,589 |
| 2023 | 63 | 0 | 63 | AED 68.1m | AED 975k | 1,794 |
| 2024 | 64 | 0 | 64 | AED 81.3m | AED 1.2m | 2,105 |
| 2025 | 43 | 0 | 43 | AED 53.8m | AED 1.1m | 2,184 |
| 2026 to 5 Oct | 17 | 0 | 17 | AED 22.8m | AED 1.2m | 2,098 |
Sales and value: registered sales of every property type since Jan 2019. Off-plan: DLD’s registration type; Ready: every other sale. Medians: home sales only, shown with 5 or more.
293sales registered, Feb 2019 to Sep 2026
Every registered sale, all property types.
Other projects in Business Bay
8,128 sales were registered in Business Bay over Oct 2025–Sep 2026, with homes at a median AED 2,082 per sq ft over Jul–Sep 2026.
| Project | Developer | DLD register | Sales, Oct 2025–Sep 2026 | Median home price |
|---|---|---|---|---|
| Binghatti Aquarise | Binghatti | Due Oct 2026 | 602 | AED 2.0m |
| Binghatti Skyrise | Binghatti | Due Dec 2026 | 434 | AED 1.5m |
| Downtown Residences | Deyaar | Due Dec 2030 | 364 | AED 2.6m |
| Hq by Rove | Irth | Due Mar 2029 | 328 | — |
| Binghatti Skyhall | Binghatti | Due Aug 2026 | 232 | AED 1.4m |
| Al Habtoor Tower | Al Habtoor | Due Dec 2026 | 216 | AED 3.4m |
| Peninsula Four | Select Group | Finished | 212 | AED 2.0m |
| One by Binghatti | Binghatti | Due May 2026 | 212 | AED 3.1m |
| Tiger Sky Tower | Tiger | No completion date | 174 | AED 3.1m |
| Peninsula Three | Select Group | Finished | 170 | AED 1.7m |
| Avarra by Palace | Emaar | Due Jun 2031 | 155 | AED 3.2m |
| DAMAC Towers by Paramount | DAMAC | Finished | 151 | AED 1.7m |
Median home price over Oct 2025–Sep 2026, shown with 5 or more home sales.
Other projects by DAMAC
| Project | Area | Completion date | Built | Sales, Oct 2025–Sep 2026 |
|---|---|---|---|---|
| DAMAC Lagoons - Valencia | Al Hebiah Fifth | Feb 2028 | 5.2% | 1,278 |
| DAMAC District | DAMAC Hills | Mar 2029 | 4.1% | 705 |
| DAMAC Riverside Views - Azure 2 | Dubai Investment Park Second | Mar 2029 | 5.8% | 692 |
| DAMAC Riverside Views - Capri 1 | Dubai Investment Park Second | Mar 2029 | 8.2% | 638 |
| DAMAC Lagoons - Lagoon Views 13 | Al Hebiah Fifth | Dec 2027 | 6% | 525 |
| DAMAC Islands 2 - Bahamas 2 | Al Yelayiss 1 | Jun 2030 | 0.3% | 497 |
| DAMAC Islands 2 - Bahamas 1 | Al Yelayiss 1 | Jun 2030 | 0.3% | 476 |
| DAMAC Islands 2 - Cuba | Al Yelayiss 1 | Jun 2030 | 0.2% | 439 |
| DAMAC Islands 2 - Bermuda | Al Yelayiss 1 | Jun 2030 | 0.2% | 401 |
| Chelsea Residences 2 by DAMAC | Dubai Maritime City | Dec 2029 | 5.4% | 394 |
| DAMAC Islands 2 - Tahiti 2 | Al Yelayiss 1 | Jun 2030 | 0.3% | 378 |
| DAMAC Islands 2 - Maui | Al Yelayiss 1 | Jun 2030 | 0.2% | 347 |
More from DAMAC
Every DAMAC projectDubai, general view
DAMAC Lagoons - Valencia
Al Hebiah Fifth · DAMAC
Due Feb 2028DLD register
Median home price, Oct 2025–Sep 2026AED 785k
DAMAC Hills · area photo
DAMAC District
DAMAC Hills · DAMAC
Due Mar 2029DLD register
Median home price, Oct 2025–Sep 2026AED 1.3m
Dubai, general view
DAMAC Riverside Views - Azure 2
Dubai Investment Park Second · DAMAC
Due Mar 2029DLD register
Median home price, Oct 2025–Sep 2026AED 1.1m
Dubai, general view
DAMAC Riverside Views - Capri 1
Dubai Investment Park Second · DAMAC
Due Mar 2029DLD register
Median home price, Oct 2025–Sep 2026AED 1.2m
Dubai, general view
DAMAC Lagoons - Lagoon Views 13
Al Hebiah Fifth · DAMAC
Due Dec 2027DLD register
Median home price, Oct 2025–Sep 2026AED 1.2m
Dubai, general view
DAMAC Islands 2 - Bahamas 2
Al Yelayiss 1 · DAMAC
Due Jun 2030DLD register
Median home price, Oct 2025–Sep 2026AED 2.8m
Photos: Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Dubai Motor City by أمين علوان (Wikimedia Commons, CC BY-SA 4.0); Sheikh Zayed Road from above by monicker (Wikimedia Commons, CC BY-SA 3.0). Resized and cropped.
More projects in Business Bay
Everything in Business BayBusiness Bay · area photo
Binghatti Aquarise
Business Bay · Binghatti
Due Oct 2026DLD register
Median home price, Oct 2025–Sep 2026AED 2.0m
Business Bay · area photo
Binghatti Skyrise
Business Bay · Binghatti
Due Dec 2026DLD register
Median home price, Oct 2025–Sep 2026AED 1.5m
Business Bay · area photo
Downtown Residences
Business Bay · Deyaar
Due Dec 2030DLD register
Median home price, Oct 2025–Sep 2026AED 2.6m
Business Bay · area photo
Business Bay · area photo
Binghatti Skyhall
Business Bay · Binghatti
Due Aug 2026DLD register
Median home price, Oct 2025–Sep 2026AED 1.4m
Business Bay · area photo
Al Habtoor Tower
Business Bay · Al Habtoor
Due Dec 2026DLD register
Median home price, Oct 2025–Sep 2026AED 3.4m
Photo: Business Bay and the Dubai Water Canal by Sergei Gussev (Wikimedia Commons, CC BY 2.0). Resized and cropped.
Before you buy a home in Vera Tower
About Vera Tower
Vera Tower is a DAMAC project in Business Bay, Dubai, registered with the Dubai Land Department as project 1786 by Damac World Real Estate L.L.C. The register lists it as finished.
293 sales have been registered since Jan 2019, the first on 6 Feb 2019, 25 of them over Oct 2025–Sep 2026. Over those twelve months its 25 home sales registered at a median AED 1.3m. These are prices buyers paid, recorded at registration, not asking prices.
By sales since Jan 2019 it is 62nd of the 140 projects with a registered sale in Business Bay, and 117th of DAMAC’s 255.
Questions about Vera Tower
Is Vera Tower finished?
Yes. The DLD register lists Vera Tower as finished.
What do homes in Vera Tower sell for?
1 BR: a median AED 1.1m, AED 2,269 per sq ft, from 12 sales; 2 BR: a median AED 1.5m, AED 1,700 per sq ft, from 13 sales. Registered home sales over Oct 2025–Sep 2026, not asking prices.
How many sales has Vera Tower had?
293 sales registered with the Dubai Land Department since Jan 2019, 25 of them over Oct 2025–Sep 2026.
Who is the developer of Vera Tower?
The DLD register lists Damac World Real Estate L.L.C, DLD developer number 1095, which we group under DAMAC.
Where is Vera Tower?
In Business Bay, Dubai. The Dubai Land Department registers its sales under the district Business Bay. Homes there registered at a median AED 2,082 per sq ft over Jul–Sep 2026.
Which escrow account does DLD list for Vera Tower?
The DLD project register lists an escrow account with Abu Dhabi Commercial Bank for Vera Tower.
Cite this page
Vera Tower, Business Bay. Real Estate IQ, from DLD registered sales to 5 Oct 2026 and the DLD project register read 13 Oct 2026. dubairealestateiq.com/project/vera-tower
Sources: Dubai Land Department open data, registered sales to 5 Oct 2026, via Dubai Real Estate Data (CC BY 4.0), processed by Real Estate IQ; DLD project register, read 13 Oct 2026. Registered prices, not asking prices or valuations. How the figures are worked out.
Read next
GuideHow to check a Dubai off-plan project’s completion date
GuideAsking price or registered price: how to check a quote
TrackerActive projects on the DLD register, with their completion datesPhotos: Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Dubai Marina at night by Gfilip (Wikimedia Commons, CC BY-SA 4.0); Dubai skyline at dusk by imran shahabuddin (Wikimedia Commons, CC BY 2.0). Resized and cropped.