Vera Residences
About the project
Vera Residences is a premium residential complex under construction in Dubai’s central Business Bay district. The 30-storey skyscraper, whose construction began in 2016, is located near the water channel between Sheikh Zayed Rd and Al Khail Rd. The developer of the project was Damac Properties, a well-known developer in the UAE, and the architectural consultant was U+A Architects.
Vera Residences features studios and one and two-bedroom apartments from 29 sq. m (315 sq. ft). The residences of the complex have stylish interiors. There are elegant interiors finished with high quality materials, and panoramic windows overlooking Burj Khalifa skyscraper and Dubai Creek. 1-bedroom apartments here sell for an average of AED 640,000 (USD 174,200).
*The price is valid for 2021
Vera Residences provide comfortable amenities and modern services for their residents including:
- a landscaped garden;
- a swimming pool with a seating area;
- an equipped gym;
- a children’s playground;
- a restaurant and cafe;
- a barbecue area;
- concierge services;
- security and video surveillance;
- car parking.
Location
Business Bay is a central area of Dubai with numerous high-rise residential and office buildings, hotels, business centers, entertainment venues, a promenade and landscaped grounds. There is a diverse infrastructure around Vera Residences: restaurants, cafes, stores, health centers, market, chain supermarkets and grocery stores, as well as South Ridge Park. Canal Views Hotel Apartments 1 bus stop is a 1-minute walk away and Business Bay or Burj Khalifa / Dubai Mall Metro Stations are a 7-minute drive away.
The complex offers quick access to the airport, and popular tourist destinations and beaches:
- Dubai Mall, Burj Khalifa, Dubai Opera and Dubai Fountain in 10 minutes;
- DXB and Al Maktoum International Airports in 15 and 45 minutes;
- Palm Jumeirah Island in 20 minutes;
- The Walk JBR in 25 minutes.
Return on investment
The Business Bay area has a solid business reputation and creates a comfortable living environment for business people and their families. For investors, buying residences in Vera Residences is a good investment. Residences that are sold off-plan can make a profit from renting them out or from reselling them after the commissioning of the complex. The average rate of return for the area is 5.08%.
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Metropolitan Premium Properties
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[email protected]
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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