1005, Vezul Residence
Sold prices and rental history: sold twice, last in November 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, Vezul Residence
What is 1005 worth today?
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Source: Dubai Land Department. Updated 7 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,488 sqft
- Parking
- B2-37,B2-95
- Completed
- 2018
- Service charge
- AED 24,400 /yr
- Last sold
- AED 1.85M · November 2023
- Building
- Vezul Residence
About 1005, Vezul Residence
1005 is a two-bedroom apartment of 1,488 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. It last sold on 7 November 2023 for AED 1,850,000, or AED 1,243 per sqft, 15% above the AED 1,081 two-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 21 February 2022, is AED 116,000 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 24,400 a year.
Sales and rents for 1005 over time
1005 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Vezul Residence, and where 1005 sits
All 67 2-beds →1005 last sold in November 2023 at AED 1,243 per sqft, 15% above what two-beds in Vezul Residence were fetching at the time (AED 1,081). Over the last 12 months two-beds sold for AED 1,950,000 to 2,100,000, around AED 1,419 per sqft, and rent for AED 89,250 to 210,000 a year. 1005's AED 116,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 May 202621 May 2026 | 1,464 sqft | 2,100,000 | 1,434 | ||
| 13 Nov 202513 November 2025 | 1,388 sqft | 1,950,000 | 1,404 | ||
| 6 Oct 20256 October 2025 | 1,488 sqft | 1,950,000 | 1,310 | ||
| 10 Jul 202510 July 2025 | 1,388 sqft | 1,900,000 | 1,368 |
Vezul Residence
Building14 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%
1005, Vezul Residence in numbers
- Sold twice: first on 3 October 2022 for AED 1,600,000, last on 7 November 2023 for AED 1,850,000 (AED 1,243 per sqft).
- Rented since October 2019 on 3 Ejari contracts, from AED 90,950 to AED 116,000 a year.
- At AED 116,000 a year the gross yield on the 2023 price is 6.3%, before a service charge of about AED 24,400 a year (AED 16.38 per sqft).
- Two-beds in Vezul Residence sold for AED 1,950,000–2,100,000 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 7 November 2023.
Questions about 1005, Vezul Residence
What did unit 1005 last sell for?
AED 1,850,000 on 7 November 2023: AED 1,243 per sqft for 1,488 sqft. The unit has 2 registered sales; the first was AED 1,600,000 in October 2022.
What is the rent for unit 1005?
AED 116,000 a year on the contract signed on 21 February 2022. The previous contract, from November 2020, was AED 85,000; the unit has been rented since October 2019.
How big is unit 1005?
1,488 sqft (138.2 sqm): a two-bedroom apartment of a 17-storey tower completed in 2018.
What is unit 1005 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Vezul Residence sold for AED 1,950,000 to 2,100,000 in the last 12 months, around AED 1,419 per sqft.
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Mortgage on 1005, Vezul Residence
Starts from the last sale price (AED 1.85M, 7 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,850,000
- Deposit, UAE resident (20%)
- AED 370,000
- Deposit, non-resident (40%)
- AED 740,000
- Monthly over 25 years at 3.7%
- AED 7,569
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →