1201, Vezul Residence
Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1201, Vezul Residence
What is 1201 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 August 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,399 sqft
- Parking
- B2-108
- Completed
- 2018
- Service charge
- AED 22,900 /yr
- Last sold
- AED 1.63M · May 2023
- Building
- Vezul Residence
About 1201, Vezul Residence
1201 is a two-bedroom apartment of 1,399 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. It last sold on 17 May 2023 for AED 1,630,000, or AED 1,165 per sqft, 10% above the AED 1,058 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 1 August 2023, is AED 125,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 22,900 a year.
Sales and rents for 1201 over time
1201 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 1201 sits
All 67 2-beds →1201 last sold in May 2023 at AED 1,165 per sqft, 10% above what two-beds in Vezul Residence were fetching at the time (AED 1,058). 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. 1201's AED 125,000 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%
1201, Vezul Residence in numbers
- Sold twice: first on 12 September 2022 for AED 1,479,250, last on 17 May 2023 for AED 1,630,000 (AED 1,165 per sqft).
- Rented since May 2020 on 4 Ejari contracts, from AED 98,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2023 price is 7.7%, before a service charge of about AED 22,900 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 1 August 2023.
Questions about 1201, Vezul Residence
What did unit 1201 last sell for?
AED 1,630,000 on 17 May 2023: AED 1,165 per sqft for 1,399 sqft. The unit has 2 registered sales; the first was AED 1,479,250 in September 2022.
What is the rent for unit 1201?
AED 125,000 a year on the contract signed on 1 August 2023. The previous contract, from July 2022, was AED 93,450; the unit has been rented since May 2020.
How big is unit 1201?
1,399 sqft (130.0 sqm): a two-bedroom apartment of a 17-storey tower completed in 2018.
What is unit 1201 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.
Selling 1201? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1201, Vezul Residence
Starts from the last sale price (AED 1.63M, 17 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,630,000
- Deposit, UAE resident (20%)
- AED 326,000
- Deposit, non-resident (40%)
- AED 652,000
- Monthly over 25 years at 3.7%
- AED 6,669
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →