
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
1st Installment
Within 3 months of sale date
2nd Installment
Within 6 months of sale date
3rd Installment
Within 9 months of sale date
4th Installment
Within 12 months of sale date
5th Installment
Within 15 months of sale date
6th Installment
Within 18 months of sale date
7th Installment
Within 21 months of sale date
8th Installment
Within 24 months of sale date
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
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 projectsFull Gallery
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.
Full market intelligenceTypically replies within 2 hours
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.
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