Vera Residences

Vera Residences is a 29-storey residential tower developed by DAMAC Properties, located on Marasi Drive in the Business Bay district. Completed in 2022, the building offers a selection of serviced studios, one- and two-bedroom apartments, many with views of the Dubai Canal, Downtown skyline, or Burj Khalifa. Residents enjoy modern amenities including a fully equipped gym, temperature-controlled swimming pool, steam and sauna rooms, landscaped gardens, children’s play area, outdoor courtyard, and a supermarket on the ground floor. Strategically positioned, Vera Residences provides excellent connectivity to major routes like Sheikh Zayed Road and Al Khail Road, with public transport options and a variety of dining, retail, and leisure venues close by.

Type

Tower

Area

Business Bay

Community

Business Bay

Typical rent

AED 55k–160k/yr

Listed amenities

10

Photos

5

Coordinates

Mapped

On Lived since

Aug 2025

Is Vera Residences a good place to rent in Business Bay?

1-bedrooms in Business Bay run AED 75,000–140,000/year in 2026. Studios from AED 55,000. District cooling is standard — add AED 5,000–12,000/year. Maintenance response times are a common complaint in reviews. For unit-by-unit experience at Vera Residences specifically, read verified tenant reviews on Lived once tenants start sharing reports.

How much does it cost to rent at Vera Residences in Business Bay?

Studios start around AED 55,000/year, 1-bedrooms range from AED 75,000–140,000, and 2-bedrooms from AED 110,000–200,000 in 2026. District cooling typically adds AED 5,000–12,000/year on top of rent.

Is Business Bay a good place to live?

For professionals working in central Dubai, yes — the RTA Metro extension improved connectivity significantly. The area is still maturing: new cafes and restaurants open regularly, but some blocks lack walkable amenities. Check the specific tower's Lived reviews.

Vera Residences: How is parking in Business Bay?

Most towers include one allocated parking space. Visitor parking is limited and paid. If you have two cars, confirm the second parking situation before signing — some buildings charge AED 300–500/month for additional spaces.