1-bed · 901 sqftVezul Residence, Business Bay · completed 2018

1202, Vezul Residence

Sold prices and rental history: sold twice, last in January 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 950K24 January 2022
Current rentAED 78K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Vezul Residence

What is 1202 worth today?

Last sold for AED 950,000 in 2022

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1 Aug 2026RentedNew contract
AED 78,462/yr13 months · AED 87 per sqft
1 Aug 2026RentedNew contract
AED 85,000/yr12 months · AED 94 per sqft
24 Jan 2022SoldReady
AED 950,000AED 1,054 per sqft
14 Jul 2021Sold by developerReady
AED 950,000AED 1,054 per sqft
15 Dec 2020RentedNew contract
AED 63,250/yr12 months · AED 70 per sqft
5 Nov 2019RentedNew contract
AED 69,700/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
1-bed apartment
Size
901 sqft
Parking
B2-107
Completed
2018
Service charge
AED 14,800 /yr
Last sold
AED 950K · January 2022

About 1202, Vezul Residence

1202 is a one-bedroom apartment of 901 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. It last sold on 24 January 2022 for AED 950,000, or AED 1,054 per sqft, in line with the AED 1,083 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 1 August 2026, is AED 78,462 a year: a gross yield of 8.3% on the 2022 price, before the service charge of about AED 14,800 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, 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, July 2021: AED 950,000 (AED 1,054 per sqft)Sold, January 2022: AED 950,000 (AED 1,054 per sqft)

1202 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1202, each contractTypical one-bed in Vezul Residence
60K80K201920222025Typical 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, December 2020: AED 63,250 a yearNew contract, August 2026: AED 78,462 a yearNew contract, August 2026: AED 85,000 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 1202 sits

All 64 1-beds →

1202 last sold in January 2022 at AED 1,054 per sqft, in line with what one-beds in Vezul Residence were fetching at the time (AED 1,083). 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. 1202's AED 78,462 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 →

1202, Vezul Residence in numbers

  • Sold twice: first on 14 July 2021 for AED 950,000, last on 24 January 2022 for AED 950,000 (AED 1,054 per sqft).
  • Rented since November 2019 on 4 Ejari contracts, from AED 69,700 to AED 78,462 a year.
  • At AED 78,462 a year the gross yield on the 2022 price is 8.3%, before a service charge of about AED 14,800 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 1 August 2026.

Questions about 1202, Vezul Residence

What did unit 1202 last sell for?

AED 950,000 on 24 January 2022: AED 1,054 per sqft for 901 sqft. The unit has 2 registered sales; the first was AED 950,000 in July 2021.

What is the rent for unit 1202?

AED 78,462 a year on the contract signed on 1 August 2026. The previous contract, from August 2026, was AED 85,000; the unit has been rented since November 2019.

How big is unit 1202?

901 sqft (83.7 sqm): a one-bedroom apartment of a 17-storey tower completed in 2018.

What is unit 1202 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 1202, Vezul Residence

Starts from the last sale price (AED 950K, 24 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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