Apartments · Business Bay
Věra Residences By Damac at Business Bay
by Damac Properties · Business Bay
The Vera Residences is a paradigm of urban architecture and design by Damac Properties, situated in Business Bay, Dubai. Offering luxury Studio, 1 & 2 Bedroom apartments, starting from AED 499,000 with easy Installments Payment Plans option each portion of…
Listed 21 Mar 2025
Off-plan- Starting price
- AED 613
- Payment plan
- On request
- Handover
- 2021
- Bedrooms
- 1, 2, Studio
- Property type
- Apartments
Source: developer listing, last verified .
DLD verification pendingOverview
About Věra Residences By Damac at Business Bay
The Vera Residences is a paradigm of urban architecture and design by Damac Properties, situated in Business Bay, Dubai. Offering luxury Studio, 1 & 2 Bedroom apartments, starting from AED 499,000 with easy Installments Payment Plans option each portion of your residence is intended to flawlessness and every luxury is amazing; and you’ll appreciate fabulous perspectives of the encompassing popular neighborhood from each apartment. Its overlooking the Dubai Canal and in closeness to prevalent neighborhoods, including Shekih Zayed Road and Downtown Dubai area. Here, be spoilt for decision with each amenity around the bend. Return home to luxurious apartments intended to impress with exquisitely delegated insides, fitted kitchens, roomy restrooms and access to world-class luxuries. At Vera Residences, find a home where luxury has no limits.
Details
Project details
- Starting Price
- AED 613
- Property Types
- Apartments
- Developer
- Damac Properties
- Handover
- 2021
- Bedrooms
- 1, 2, Studio
- Location
- Business Bay
- Status
- Off-plan
Gallery
Renders and views
Developer renders and photos as published. Drag or swipe for more.
Payment plan
How the price is paid
On request
The developer has not published the instalment schedule for this project. Our experts can confirm the current plan, booking deposit and any post-handover option.
Amounts are indicative, calculated on the published starting price. The 4% DLD registration fee and admin fees are extra.
Unit types
Units and floor plans
Floor plans are sent on request, with current availability and the exact price list.
Unit mix: 1, 2, Studio · Apartments
Request floor plansClose
Location
Business Bay and connectivity
Věra Residences By Damac at Business Bay is located in Business Bay, Dubai.
About the area
Business Bay
55 projects listed in Business Bay
Business Bay sits right at the centre of Dubai, running along the Dubai Canal with Downtown and the Burj Khalifa just a few minutes up the road. What started out as the city’s answer to Manhattan has grown into something more interesting: a proper neighbourhood…
All projects in Business BayInvestment
Investment outlook
This off-plan project presents strong investment potential across the UAE, with projected rental yields of 6–8%, long-term capital appreciation, and growing demand from both residents and international investors.
- Projected Rental Yield
- 6–8%
- Potential Capital Appreciation
- 10–15%
- Golden Visa Eligibility Potential
- AED 2M+
- UAE off-plan properties continue to attract strong local and international investor demand.
- Selected communities may offer rental yields of around 6–8%, depending on location and unit type.
- Buyers may benefit from 10–15% potential price growth by handover in high-demand areas.
- Properties from AED 2 million may qualify for UAE Golden Visa eligibility, subject to regulations.
General Dubai market context as published in the developer’s marketing, not a project-specific forecast. Yields depend on the unit, the purchase price and the rent achieved.
Financing
Financing options
- Low Down Payment
- Developer Payment Plans
- Post-Handover Plans
- Mortgage Assistance
- Interest-Free Installments
- Resident & Non-Resident Financing
Developer plans are interest-free by design; bank mortgages for off-plan are usually available from a set construction stage. Our experts can introduce mortgage advisors for residents and non-residents.
About the developer
Damac Properties
78 projects listed
Explore the world of DAMAC Properties, one of Dubai’s most recognised private real estate developers, known for shaping luxury communities, branded residences, and lifestyle-driven destinations across the UAE and international markets. Since 2002, DAMAC has delivered tens of thousands of homes and built a reputation for bold design, glamour, and…
All projects by Damac PropertiesFAQ
Questions buyers ask
What is off-plan property in Dubai?
Off-plan property is a unit purchased directly from the developer before or during construction, typically at a lower entry price and with flexible, milestone-based payment plans.
Can foreigners buy property in Dubai?
Yes. Foreign nationals can buy freehold property with 100% ownership in Dubai's designated freehold areas, with no residency requirement.
What is a payment plan and how does it work?
A payment plan splits the property price into instalments — usually a down payment on booking, staged payments during construction, and a final amount on handover.
What is the UAE Golden Visa and how can real estate qualify?
The Golden Visa is a long-term, renewable UAE residency (up to 10 years). A property investment of AED 2 million or more typically qualifies the owner to apply.
How do I get a mortgage for a Dubai property?
Both residents and non-residents can obtain mortgages from UAE banks, generally financing 50–80% of the value depending on status. Our team can connect you with mortgage advisors.
What is the expected ROI from Dubai off-plan property?
Dubai off-plan typically delivers strong returns — rental yields of around 6–8% plus notable capital appreciation by handover, varying by location and project.
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Enquire
Ask about Věra Residences By Damac at Business Bay
Brochure, floor plans, current availability and the exact price list, sent by a real estate expert who answers. Starting price AED 613, payment plan on request, handover 2021.
Price on request
Plan on request · 2021