DAMAC Properties Launches Vera Residences Offering Urban Living at its Finest

DAMAC Properties, a leading luxury real estate developer in the region, announces the launch of Vera Residences, luxury apartments in the ever-popular Business Bay with breathtaking views of Dubai Canal. Strategically placed at the epicentre of one of Dubai’s business hot-spots, Vera’s close proximity to the prestigious Downtown Dubai district offers the ultimate lifestyle for those seeking a lively community with connectivity to the city. 

Vera Residences will go on sale on Saturday, 4 November, from 10am til 8pm at Jumeirah Emirates Towers Hotel (Godolphin Ball Room). Units are attractively priced to start at AED 499,000, with an easy payment plan that includes an initial deposit of 20 percent plus DLD registration fees, followed by monthly payments for a 35-month duration, and 40 percent due upon completion. 

“Vera Residences is located in one of the most desirable locations in Dubai, offering superior levels of connectivity to the city,” said Niall McLoughlin, Senior Vice President, DAMAC Properties. “End-users will enjoy ease of travel in and around the area and enjoy major attractions and entertainment options, making it an ideal home for those who work in the centre of Dubai. Investors will also enjoy a high-yield investment, with the potential to earn up to 10 percent per annum in rental yields, considered amongst the highest in the sector.”

The nearby transportation network of metro, trams, buses, land and water taxis, with easy access to and from the Sheikh Zayed and Al Khail freeways, makes it a central location ideal to live and work in. Furthermore, the world-class amenities of the neighbourhood, with play areas, landscaped plazas, attractions, and renowned entertainment options are within walking distance. 

An elegantly styled lobby and refined ambience perfects the overall experience of living at Vera Residences. Apartments units and suites offer spacious and well-appointed interiors with luxury finishing throughout, in addition to fitted kitchens and spacious bathrooms. 

The 30-storey tower is complemented by life-enhancing amenities including dedicated children’s play area, barbecue area, temperature-controlled swimming pool, state-of-the-art gymnasium, jogging track, steam rooms and sauna, landscaped gardens, as well as covered parking. Vera Residences will also include a shopping boulevard, further elevating the community feel and providing convenience to residents.