1-bed · 778 sqftVezul Residence, Business Bay · completed 2018

1007, Vezul Residence

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 20 February 2026
Last soldAED 1.23M8 October 2024
Current rentAED 95K /yr20 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Vezul Residence

What is 1007 worth today?

Last sold for AED 1,225,000 in 2024

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20 Feb 2026RentedNew contract
AED 95,000/yr12 months · AED 123 per sqft
18 Nov 2024RentedNew contract
AED 96,000/yr12 months · AED 124 per sqft
8 Oct 2024SoldReady
AED 1,225,000AED 1,574 per sqft
11 Jan 2023Sold by developerReady
AED 1,065,000AED 1,368 per sqft
15 Nov 2022RentedRenewal
AED 68,000/yr12 months · AED 87 per sqft
15 Oct 2021RentedNew contract
AED 68,000/yr13 months · AED 87 per sqft

Source: Dubai Land Department. Updated 20 February 2026.

Key facts

Type
1-bed apartment
Size
778 sqft
Parking
B2-49
Completed
2018
Service charge
AED 12,700 /yr
Last sold
AED 1.23M · October 2024

About 1007, Vezul Residence

1007 is a one-bedroom apartment of 778 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. It last sold on 8 October 2024 for AED 1,225,000, or AED 1,574 per sqft, in line with the AED 1,578 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 20 February 2026, is AED 95,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, 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, January 2023: AED 1,065,000 (AED 1,368 per sqft)Sold, October 2024: AED 1,225,000 (AED 1,574 per sqft)

1007 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1007, each contractTypical one-bed in Vezul Residence
80K100K20192021202320252027Typical 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, October 2021: AED 68,000 a yearRenewal, November 2022: AED 68,000 a yearNew contract, November 2024: AED 96,000 a yearNew contract, February 2026: AED 95,000 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 1007 sits

All 64 1-beds →

1007 last sold in October 2024 at AED 1,574 per sqft, in line with what one-beds in Vezul Residence were fetching at the time (AED 1,578). 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. 1007's AED 95,000 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 →

1007, Vezul Residence in numbers

  • Sold twice: first on 11 January 2023 for AED 1,065,000, last on 8 October 2024 for AED 1,225,000 (AED 1,574 per sqft).
  • Rented since October 2021 on 4 Ejari contracts, from AED 68,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 12,700 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 20 February 2026.

Questions about 1007, Vezul Residence

What did unit 1007 last sell for?

AED 1,225,000 on 8 October 2024: AED 1,574 per sqft for 778 sqft. The unit has 2 registered sales; the first was AED 1,065,000 in January 2023.

What is the rent for unit 1007?

AED 95,000 a year on the contract signed on 20 February 2026. The previous contract, from November 2024, was AED 96,000; the unit has been rented since October 2021.

How big is unit 1007?

778 sqft (72.3 sqm): a one-bedroom apartment of a 17-storey tower completed in 2018.

What is unit 1007 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 1007, Vezul Residence

Starts from the last sale price (AED 1.23M, 8 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

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