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

1402, Vezul Residence

Sold prices and rental history: sold once, by the developer in December 2022, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 1.38M22 December 2022
Current rentAED 105K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Vezul Residence

What is 1402 worth today?

Last sold for AED 1,377,400 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Sep 2025RentedNew contract
AED 105,000/yr12 months · AED 116 per sqft
22 Dec 2022Sold by developerReady
AED 1,377,400AED 1,529 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
1-bed apartment
Size
901 sqft
Parking
B1-94
Completed
2018
Service charge
AED 14,800 /yr
Last sold
AED 1.38M · December 2022

About 1402, Vezul Residence

1402 is a one-bedroom apartment of 901 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. The developer sold it on 22 December 2022 for AED 1,377,400, or AED 1,529 per sqft, 12% above the AED 1,368 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2025. The current contract, signed on 1 September 2025, is AED 105,000 a year: a gross yield of 7.6% on the 2022 price, before the service charge of about AED 14,800 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, 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, December 2022: AED 1,377,400 (AED 1,529 per sqft)

1402 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1402, 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, September 2025: AED 105,000 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 1402 sits

All 64 1-beds →

1402 last sold in December 2022 at AED 1,529 per sqft, 12% above what one-beds in Vezul Residence were fetching at the time (AED 1,368). 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. 1402's AED 105,000 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 →

1402, Vezul Residence in numbers

  • Sold once: by the developer on 22 December 2022 for AED 1,377,400, or AED 1,529 per sqft.
  • Rented since September 2025 on one Ejari contract, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 7.6%, 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 September 2025.

Questions about 1402, Vezul Residence

What did unit 1402 last sell for?

AED 1,377,400 on 22 December 2022, sold by the developer: AED 1,529 per sqft for 901 sqft. It is the only registered sale of the unit.

What is the rent for unit 1402?

AED 105,000 a year on the contract signed on 1 September 2025.

How big is unit 1402?

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

What is unit 1402 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.

Selling 1402? 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.

How OpenOffers works

Mortgage on 1402, Vezul Residence

Starts from the last sale price (AED 1.38M, 22 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,377,400
Deposit, UAE resident (20%)
AED 275,480
Deposit, non-resident (40%)
AED 550,960
Monthly over 25 years at 3.7%
AED 5,635

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