Vera Tower Launch Prices
Off-plan in Business Bay · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
525 developer launch sales registered at Vera Tower between Feb 2018 and Jul 2022: 100% apartments, most commonly 1-bed units, typically around 479 sqft.
Bed mix: Studio 1% · 1-bed 57% · 2-bed 42%.
Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.
Launch Price by Quarter
Median registered launch price per square foot at Vera Tower, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2018 Q1 | 287 | AED 1,531 |
| 2018 Q2 | 90 | AED 1,579 |
| 2018 Q3 | 50 | AED 1,487 |
| 2018 Q4 | 19 | AED 1,498 |
| 2019 Q1 | 8 | AED 1,466 |
| 2019 Q2 | 7 | AED 1,412 |
| 2019 Q3 | 4 | AED 1,434 |
| 2019 Q4 | 8 | AED 1,397 |
| 2020 Q1 | 1 | AED 829 |
| 2020 Q2 | 2 | AED 1,332 |
| 2021 Q1 | 2 | AED 1,175 |
| 2021 Q2 | 1 | AED 960 |
| 2021 Q3 | 1 | AED 1,401 |
| 2021 Q4 | 1 | AED 1,824 |
| 2022 Q1 | 17 | AED 1,589 |
| 2022 Q2 | 25 | AED 1,693 |
| 2022 Q3 | 2 | AED 1,683 |
Launch vs Resale
Vera Tower also has 184 ready-market resales registered with the DLD, the first on 4 October 2022 - 56 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.
Recent Launch Registrations
Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.
Other Off-Plan Projects in Business Bay
Off-plan in Business Bay
Compare this project with every other off-plan launch registered in Business Bay, or see the community's resale market.
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