1205, Vezul Residence
Sold prices and rental history: sold twice, last in August 2024, 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 1205, Vezul Residence
What is 1205 worth today?
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Source: Dubai Land Department. Updated 23 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,460 sqft
- Parking
- B2-52
- Completed
- 2018
- Service charge
- AED 23,900 /yr
- Last sold
- AED 2M · August 2024
- Building
- Vezul Residence
About 1205, Vezul Residence
1205 is a two-bedroom apartment of 1,460 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. It last sold on 23 August 2024 for AED 2,000,000, or AED 1,369 per sqft, 4% above the AED 1,314 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 November 2023, is AED 145,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 23,900 a year.
Sales and rents for 1205 over time
1205 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 1205 sits
All 67 2-beds →1205 last sold in August 2024 at AED 1,369 per sqft, 4% above what two-beds in Vezul Residence were fetching at the time (AED 1,314). 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. 1205's AED 145,000 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%
1205, Vezul Residence in numbers
- Sold twice: first on 21 November 2022 for AED 1,630,820, last on 23 August 2024 for AED 2,000,000 (AED 1,369 per sqft).
- Rented since February 2020 on 5 Ejari contracts, from AED 98,000 to AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 23,900 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 23 August 2024.
Questions about 1205, Vezul Residence
What did unit 1205 last sell for?
AED 2,000,000 on 23 August 2024: AED 1,369 per sqft for 1,460 sqft. The unit has 2 registered sales; the first was AED 1,630,820 in November 2022.
What is the rent for unit 1205?
AED 145,000 a year on the contract signed on 1 November 2023. The previous contract, from May 2023, was AED 130,000; the unit has been rented since February 2020.
How big is unit 1205?
1,460 sqft (135.6 sqm): a two-bedroom apartment of a 17-storey tower completed in 2018.
What is unit 1205 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 1205, Vezul Residence
Starts from the last sale price (AED 2M, 23 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →