1-bed · 840 sqftVezul Residence, Business Bay · completed 2018

1003, Vezul Residence

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 19 September 2025
Last soldAED 1.25M22 May 2023
Current rentAED 90K /yr19 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Vezul Residence

What is 1003 worth today?

Last sold for AED 1,250,000 in 2023

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19 Sep 2025RentedRenewal
AED 90,000/yr12 months · AED 107 per sqft
19 Sep 2024RentedNew contract
AED 90,000/yr12 months · AED 107 per sqft
20 Aug 2023RentedNew contract
AED 80,000/yr12 months · AED 95 per sqft
22 May 2023SoldReady
AED 1,250,000AED 1,487 per sqft
28 Oct 2021Sold by developerReady
AED 955,500AED 1,137 per sqft
10 Feb 2021RentedNew contract
AED 64,000/yr12 months · AED 76 per sqft
28 Nov 2019RentedNew contract
AED 69,700/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 19 September 2025.

Key facts

Type
1-bed apartment
Size
840 sqft
Parking
B2-39
Completed
2018
Service charge
AED 13,800 /yr
Last sold
AED 1.25M · May 2023

About 1003, Vezul Residence

1003 is a one-bedroom apartment of 840 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. It last sold on 22 May 2023 for AED 1,250,000, or AED 1,487 per sqft, 12% above the AED 1,333 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 19 September 2025, is AED 90,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 13,800 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical one-bed in Vezul Residence
1M1.25M2021202320252027Typical sale price by year: 2021 AED 950,000; 2022 AED 1,125,000; 2023 AED 1,155,000; 2024 AED 1,412,500; 2025 AED 1,400,000; 2026 AED 1,345,000Sold by developer, October 2021: AED 955,500 (AED 1,137 per sqft)Sold, May 2023: AED 1,250,000 (AED 1,487 per sqft)

1003 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1003, each contractTypical one-bed in Vezul Residence
60K80K20192021202320252027Typical rent by year: 2019 AED 69,700; 2020 AED 73,000; 2021 AED 69,000; 2022 AED 75,900; 2023 AED 85,000; 2024 AED 90,000; 2025 AED 90,000; 2026 AED 85,500New contract, November 2019: AED 69,700 a yearNew contract, February 2021: AED 64,000 a yearNew contract, August 2023: AED 80,000 a yearNew contract, September 2024: AED 90,000 a yearRenewal, September 2025: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Vezul Residence, and where 1003 sits

All 64 1-beds →

1003 last sold in May 2023 at AED 1,487 per sqft, 12% above what one-beds in Vezul Residence were fetching at the time (AED 1,333). Over the last 12 months one-beds sold for AED 1,150,000 to 1,550,000, around AED 1,449 per sqft, and rent for AED 75,000 to 140,700 a year. 1003's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Oct 20261,240,000
4 Sep 20261,290,000
8 Jun 20261,400,000
3 Jun 20261,150,000
6 1-bed sales in the last 12 months

Vezul Residence

Building

14 apartments, 1-bed to 3-bed over 17 floors in Business Bay, completed in 2018. 9 sold in the last 12 months.

Typical price per sqft
AED 1,404
Typical sale
AED 1.48M
Typical rent
AED 100K /yr
Typical yield
6.8%
Vezul Residence, Business Bay: prices, sales and rents →

1003, Vezul Residence in numbers

  • Sold twice: first on 28 October 2021 for AED 955,500, last on 22 May 2023 for AED 1,250,000 (AED 1,487 per sqft).
  • Rented since November 2019 on 5 Ejari contracts, from AED 69,700 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 13,800 a year (AED 16.38 per sqft).
  • One-beds in Vezul Residence sold for AED 1,150,000–1,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,404 per sqft.

Source: Dubai Land Department. Updated 19 September 2025.

Questions about 1003, Vezul Residence

What did unit 1003 last sell for?

AED 1,250,000 on 22 May 2023: AED 1,487 per sqft for 840 sqft. The unit has 2 registered sales; the first was AED 955,500 in October 2021.

What is the rent for unit 1003?

AED 90,000 a year on the contract renewed on 19 September 2025. The previous contract, from September 2024, was AED 90,000; the unit has been rented since November 2019.

How big is unit 1003?

840 sqft (78.0 sqm): a one-bedroom apartment of a 17-storey tower completed in 2018.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Vezul Residence sold for AED 1,150,000 to 1,550,000 in the last 12 months, around AED 1,449 per sqft.

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Mortgage on 1003, Vezul Residence

Starts from the last sale price (AED 1.25M, 22 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →