2-bed · 1,388 sqftVezul Residence, Business Bay · completed 2018

1006, Vezul Residence

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1006 · DLD and Ejari recordsUpdated 9 June 2025
Last soldAED 1.85M10 October 2023
Current rentAED 192K /yr9 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1006, Vezul Residence

What is 1006 worth today?

Last sold for AED 1,850,000 in 2023

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9 Jun 2025RentedNew contract
AED 192,000/yr12 months · AED 138 per sqft
9 Jun 2025RentedNew contract
AED 192,000/yr12 months · AED 138 per sqft
10 Oct 2023SoldReady
AED 1,850,000AED 1,332 per sqft
28 Sep 2022Sold by developerReady
AED 1,469,000AED 1,058 per sqft
30 Jun 2021RentedNew contract
AED 115,000/yr13 months · AED 83 per sqft
1 Sep 2020RentedNew contract
AED 85,000/yr13 months · AED 61 per sqft

Source: Dubai Land Department. Updated 9 June 2025.

Key facts

Type
2-bed apartment
Size
1,388 sqft
Parking
B2-36,B2-78
Completed
2018
Service charge
AED 22,700 /yr
Last sold
AED 1.85M · October 2023

About 1006, Vezul Residence

1006 is a two-bedroom apartment of 1,388 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. It last sold on 10 October 2023 for AED 1,850,000, or AED 1,332 per sqft, 24% above the AED 1,071 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 9 June 2025, is AED 192,000 a year: a gross yield of 10.4% on the 2023 price, before the service charge of about AED 22,700 a year.

Sales and rents for 1006 over time

Sales
Unit 1006, each saleTypical two-bed in Vezul Residence
1.5M1.75M2M20222023202420252026Typical sale price by year: 2022 AED 1,485,000; 2023 AED 1,593,945; 2024 AED 1,950,000; 2025 AED 1,950,000Sold by developer, September 2022: AED 1,469,000 (AED 1,058 per sqft)Sold, October 2023: AED 1,850,000 (AED 1,332 per sqft)

1006 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1006, each contractTypical two-bed in Vezul Residence
100K150K200K20192021202320252027Typical rent by year: 2019 AED 92,000; 2020 AED 89,000; 2021 AED 89,636; 2022 AED 104,000; 2023 AED 115,000; 2024 AED 135,000; 2025 AED 135,000; 2026 AED 127,500New contract, September 2020: AED 85,000 a yearNew contract, June 2021: AED 115,000 a yearNew contract, June 2025: AED 192,000 a yearNew contract, June 2025: AED 192,000 a year

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 1006 sits

All 67 2-beds →

1006 last sold in October 2023 at AED 1,332 per sqft, 24% above what two-beds in Vezul Residence were fetching at the time (AED 1,071). 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. 1006's AED 192,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 May 20262,100,000
13 Nov 20251,950,000
6 Oct 20251,950,000
10 Jul 20251,900,000
2 2-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 →

1006, Vezul Residence in numbers

  • Sold twice: first on 28 September 2022 for AED 1,469,000, last on 10 October 2023 for AED 1,850,000 (AED 1,332 per sqft).
  • Rented since September 2020 on 4 Ejari contracts, from AED 85,000 to AED 192,000 a year.
  • At AED 192,000 a year the gross yield on the 2023 price is 10.4%, before a service charge of about AED 22,700 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 9 June 2025.

Questions about 1006, Vezul Residence

What did unit 1006 last sell for?

AED 1,850,000 on 10 October 2023: AED 1,332 per sqft for 1,388 sqft. The unit has 2 registered sales; the first was AED 1,469,000 in September 2022.

What is the rent for unit 1006?

AED 192,000 a year on the contract signed on 9 June 2025. The previous contract, from June 2025, was AED 192,000; the unit has been rented since September 2020.

How big is unit 1006?

1,388 sqft (128.9 sqm): a two-bedroom apartment of a 17-storey tower completed in 2018.

What is unit 1006 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 1006, Vezul Residence

Starts from the last sale price (AED 1.85M, 10 October 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 →