Verve Tower B

P3 — Under Development Off-Plan Primary
Developer Meraas Development L.L.C
Community Al Wasl
Property type Apartment
Data updated Feb 26, 2026

Verve Tower B is a Under Development development by Meraas Development L.L.C in Al Wasl. 228 units across 1 Bedroom (55%), 2 Bedroom (41%), 3 Bedroom (3%). Over the trailing 12 months, 234 sales at a median of AED 3,625,000.

Key Metrics
Median Price
Value
AED 3,625,000
Change
36.9% YoY
Transactions
Value
234
Change
11 in period
Price / sqft
Value
AED 3,207
Handover Status
Value
P3
Change
Under Development
Median Price
AED 3,625,000
↑ 36.9% YoY
Transactions
234
↑ 11 in period
Price / sqft
AED 3,207
Handover
P3
Under Development
Investment Analytics
Capital Return
Value
32.2%
Community avg
Holding Period
Value
0.9 yrs
Community avg
Ready Market Mix
Value
0.0%
Community avg
Capital Return
32.2%
Community avg
Holding Period
0.9 yrs
Community avg
Ready Market Mix
0.0%
Community avg

Rental Performance

Unit Mix

By bedroom type
1 Bedroom 125 units · 55%
2 Bedroom 94 units · 41%
3 Bedroom 6 units · 3%
4 Bedroom 3 units · 1%

Transaction Breakdown

All time — 234 transactions
Off-Plan Primary
228
Off-Plan Secondary
6

Price History

Median Price — Verve Tower B

Median prices in Verve Tower B have declined significantly, down 38% to AED 2.2M over the past 7 months.

Recent Transactions

Showing last 10 of 234
Date Type Price (AED) Size (sqft) AED/sqft
Feb 26, 2026 OP Secondary 2,250,000 788 2,854
Jan 14, 2026 OP Secondary 543,500 393 1,379
Dec 12, 2025 OP Secondary 4,700,000 1,509 3,114
Oct 15, 2025 OP Primary 4,094,000 1,260 3,248
Oct 15, 2025 OP Primary 3,935,000 1,175 3,346
Oct 02, 2025 OP Primary 3,267,000 836 3,905
Oct 02, 2025 OP Primary 4,862,000 1,516 3,206
Oct 01, 2025 OP Primary 3,270,000 837 3,905
Sep 29, 2025 OP Primary 3,923,000 1,172 3,346
Aug 28, 2025 OP Secondary 2,646,000 830 3,187

This project is in Al Wasl

See all community data: community KPIs, all projects, price trends, and community-level analysis.

View Al Wasl analysis →

Similar Projects

By location, price, and property type
Canal Front Residences 2
Al Wasl
Median AED 2,500,000
Txns 165
City Walk Crestlane 2 Building B
Al Wasl
Median AED 2,851,500
Txns 84
City Walk Crestlane 3 Building B
Al Wasl
Median AED 2,903,500
Txns 80
Canal Front Residences 3
Al Wasl
Median AED 2,904,835
Txns 138
Damac City - Safa One Tower A
Al Wasl
Median AED 2,911,000
Txns 252