Project Summary

Project Name:

Vera Residences


Location

Business Bay


Developer

Damac


Handover Date:

Q4 2020


Type:

Apartment


Bedroom(s):

2 Bedrooms


Average Area:

898 SQFT


Average Price:

1296000


Price/Sqft:

1443.21 AED


Payment Plan

During Construction

55%

On Handover

45%

Post handover

0%

Damac

Vera Residences

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About the Project

Věra is strategically located in Business Bay, overlooking the Dubai Canal, in close proximity to the prestigious Downtown Dubai district – which is connected to the rest of the city by an intricate transportation network of metro, trams and buses, in addition to land and water taxis, with easy access to and from the Sheikh Zayed Road and Al Khail Road. The beautifully styled lobby and refined ambience of Věra deftly set the scene for the experience that awaits you. Come home to luxurious apartments with tastefully appointed interiors, fitted kitchens, spacious bathrooms and more.

The V ěra Residences A 30-storey tower offers a range of life-enhancing amenities and facilities:

  • Elegant lobby with 24-hour reception and a concierge desk
  • Landscaped gardens
  • Temperature-controlled swimming pool
  • State-of-the-art gymnasium with separate changing rooms for men and women
  • Steam rooms and sauna
  • Kids club
  • Covered parking
  • Fully fitted kitchen



About The Developer

DAMAC Properties is one of the region’s most reputed luxury property developers. Since 2002, DAMAC has completed 19,855 units, with over 44,000 at various stages of planning and progress. DAMAC Properties’ hospitality portfolio will extend to reach around 13,000 hotel rooms, serviced apartments and hotel villas.* For over a decade, DAMAC has remained at the forefront of its industry, with an ever-increasing presence across the United Arab Emirates, Jordan, Lebanon, Qatar, Saudi Arabia and the United Kingdom.

 

About Location

Business Bay is a central business district located besides Downtown Dubai, United Arab Emirates. The project features numerous skyscrapers located in an area where Dubai Creek has been dredged and extended. Business Bay will have upwards of 240 buildings, comprising commercial and residential developments.The entire development covers an area of 46,900,000 sq ft (4,360,000 m2), and the gross leasable area is 78,500,000 sq ft (7,290,000 m2). The projected population of the entire development is more than 191,000, and the estimated population of employers and others is 110,000, making the total population more than 300,000

About the Developer

Damac properties are one of the leading luxury developers in the Middle East since 2002 they have delivered to more than 18500 customers with a development portfolio of more than 40,000 units at various stages of progress and the number grows daily. The developers pride itself on its uncompromising commitment to service excellence.  The highly experienced management team of directors and senior managers has significant experience in the real estate and construction industry. The company has also released two master developments in Dubai, totalling nearly 100 million square feet between them. In January 2017, DAMAC Properties had awarded more than 370 contracts worth AED 3.5 billion. The contracts included construction, supplier and consultancy services across its portfolio of developments.

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