


DAMAC · Business Bay · Dubai · United Arab Emirates
Vera Residences
Availability and pricing checked 8 Oct 2026. Prices, sizes and counts describe the homes currently released for sale, not the development as a whole. The developer has not published a live unit count for this project.
The essentials
- Available now from
- On request
- Available up to
- On request
- Layouts on offer
- On request
- Available sizes
- On request
- Service charge
- 20 AED/sqftCharged once a year
- Status
- completed
- Build progress
- 100% complete
- Furnishing
- semi furnished
- Move in
- At transfer — completed JAN 2022
- Buildings releasing now
- 1
- Escrow account
- Registered
Payment plan
100Sold out
Every home here has been sold.
45 other projects are still selling in Business Bay.
Browse all off-plan projectsAbout this project
DAMAC
Project General Facts
Vera Residences boasts a stunning design aesthetic, featuring an elegant tower that embodies the essence of refined living, with studios and one and two-bedroom apartments that exemplify sophistication and poise. These residences offer ample space, with beautifully styled lobbies, tastefully appointed interiors, and spacious bathrooms, providing the perfect backdrop for creating lasting memories and a life of comfort. The apartments present an exceptional living experience, with luxurious amenities and facilities, including a state-of-the-art gymnasium, temperature-controlled swimming pool, and landscaped gardens.
Vera Residences features an array of amenities, including an elegant lobby with twenty-four-hour reception and concierge desk, a holistic wellness area with separate steam rooms and sauna for men and women, and a kids' club, which provide a serene atmosphere for relaxation and entertainment. The emphasis on luxury living creates a unique and desirable living environment, with an abundance of space for creating cherished memories. The residential tower also offers covered parking, adding to the convenience and comfort of its residents.
The interior finishing of Vera Residences showcases modern finishing with high-quality materials, complemented by a timeless design that incorporates fresh, warm tones, and calm, relaxed atmospheres, which create a sense of serenity and tranquility. The kitchens are masterpieces of design, with an emphasis on functionality and elegance, featuring fully fitted kitchens with premium equipment, and the bathrooms are spacious and luxurious, perfect for unwinding and rejuvenating.
Location description and benefits
Business Bay is a vibrant area, strategically located to offer a unique blend of luxury and convenience, with easy access to the rest of the city by an intricate transportation network of metro, trams, buses, and land and water taxis, as well as major roads such as the Sheikh Zayed Road and Al Khail Road. The area is home to a range of upscale amenities, including the world's largest mall, which offers a wide range of international restaurants, cafes, and high-end fashion boutiques. The proximity to the prestigious Downtown Dubai district, with its stunning architecture and luxurious lifestyle, adds to the allure of Business Bay.
The location of Business Bay offers a range of benefits, including stunning views of the Dubai Canal, a picturesque waterway that runs through the heart of the city, and access to a range of outdoor recreational activities, such as walking and cycling along the canal's scenic pathways. The area is also home to a range of entertainment and leisure options, including charming food trucks, international restaurants, and cafes, which offer a diverse range of cuisines and dining experiences. The vibrant atmosphere of Business Bay is further enhanced by its stunning modern architecture, which includes some of the city's most iconic landmarks.
The unique blend of luxury, convenience, and entertainment in Business Bay makes it an ideal location for those seeking a lively and upscale lifestyle, with every amenity just around the corner, from landscaped plazas and comfortable working spaces to world-class entertainment and retail choices. The area is also well-connected to the rest of the city, with easy access to major roads, public transportation, and other amenities, making it an ideal choice for both residents and visitors. The stunning scenery and picturesque views of the Dubai Canal add to the area's charm, making it a truly unique and desirable destination.
Amenities
7
Water Play
Outdoor Courtyard
Swimming Pool & Kids Pool
Yoga & Meditation Area
Childrein'S Play Area
Outdoor Gymnasium
Indoor Gymnasium
What’s nearby
6
Gallery
7







Good to know
Straight answers from the developer's published terms, checked 8 Oct 2026.
What is the payment plan for Vera Residences?
+
Payment Plan: 100% on booking, 0% during construction and 0% on handover.
When does Vera Residences hand over?
+
Handover is scheduled for JAN 2022. Construction is 100% complete.
Who is the developer of Vera Residences?
+
Vera Residences is developed by DAMAC in Business Bay · Dubai · United Arab Emirates.
What is the service charge at Vera Residences?
+
The published service charge at Vera Residences is 20 AED/sqft, billed once a year. It starts at handover and the first year is usually pro-rated from the day you collect the keys. In Dubai the annual budget behind the charge is filed with the Mollak system, so the figure is reviewed each year once the building is occupied. Checked 8 Oct 2026.
Is my money protected when buying off-plan at Vera Residences?
+
DAMAC has registered an escrow account for Vera Residences. In the UAE an off-plan instalment is paid into the project’s escrow account rather than to the developer directly, and is released against construction progress the regulator has verified. We do not publish the account number — your sale agreement and the developer’s own payment instructions carry it.
Buying a completed home from the developer is a different contract from off-plan — what changes in price, fees and risk: our guide to off-plan vs ready property in the UAE.
More in Business Bay
45 projects are selling in Business Bay — browse them all.


