1-bed · 909 sqftVezul Residence, Business Bay · 15th floor · completed 2018

1504, Vezul Residence

Sold prices and rental history: sold twice, last in June 2026, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 3 June 2026
Last soldAED 1.48M3 June 2026
Current rentAED 99K /yr15 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Vezul Residence

What is 1504 worth today?

Last sold for AED 1,480,000 in 2026

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3 Jun 2026SoldReady
AED 1,480,000AED 1,628 per sqft
15 Sep 2025RentedNew contract
AED 99,448/yr12 months · AED 109 per sqft
15 Sep 2025RentedRenewal
AED 85,000/yr12 months · AED 94 per sqft
15 Sep 2025RentedNew contract
AED 99,448/yr12 months · AED 109 per sqft
15 Sep 2024RentedNew contract
AED 100,000/yr12 months · AED 111 per sqft
1 Sep 2023RentedNew contract
AED 110,000/yr12 months · AED 122 per sqft
29 Aug 2022Sold by developerReady
AED 1,295,000AED 1,424 per sqft
1 Jul 2022RentedNew contract
AED 95,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 3 June 2026.

Key facts

Type
1-bed apartment
Size
909 sqft
Floor
15th of 17
Parking
B1-27
Completed
2018
Service charge
AED 14,900 /yr
Last sold
AED 1.48M · June 2026

About 1504, Vezul Residence

1504 is a one-bedroom apartment of 909 sqft on the 15th floor of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. It last sold on 3 June 2026 for AED 1,480,000, or AED 1,628 per sqft, 10% above the AED 1,484 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 15 September 2025, is AED 99,448 a year: a gross yield of 6.7% on the 2026 price, before the service charge of about AED 14,900 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, each saleTypical one-bed in Vezul Residence
1M1.25M1.5M2021202320252027Typical 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, August 2022: AED 1,295,000 (AED 1,424 per sqft)Sold, June 2026: AED 1,480,000 (AED 1,628 per sqft)

1504 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1504, 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, July 2022: AED 95,000 a yearNew contract, September 2023: AED 110,000 a yearNew contract, September 2024: AED 100,000 a yearNew contract, September 2025: AED 99,448 a yearRenewal, September 2025: AED 85,000 a yearNew contract, September 2025: AED 99,448 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 1504 sits

All 64 1-beds →

1504 last sold in June 2026 at AED 1,628 per sqft, 10% above what one-beds in Vezul Residence were fetching at the time (AED 1,484). 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. 1504's AED 99,448 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 →

1504, Vezul Residence in numbers

  • Sold twice: first on 29 August 2022 for AED 1,295,000, last on 3 June 2026 for AED 1,480,000 (AED 1,628 per sqft).
  • Rented since July 2022 on 6 Ejari contracts. The rent fell from AED 95,000 to AED 85,000 in 2025 and recovered to AED 99,448 by September 2025.
  • At AED 99,448 a year the gross yield on the 2026 price is 6.7%, before a service charge of about AED 14,900 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 3 June 2026.

Questions about 1504, Vezul Residence

What did unit 1504 last sell for?

AED 1,480,000 on 3 June 2026: AED 1,628 per sqft for 909 sqft. The unit has 2 registered sales; the first was AED 1,295,000 in August 2022.

What is the rent for unit 1504?

AED 99,448 a year on the contract signed on 15 September 2025. The previous contract, from September 2025, was AED 85,000; the unit has been rented since July 2022.

How big is unit 1504?

909 sqft (84.4 sqm): a one-bedroom apartment on the 15th floor of a 17-storey tower completed in 2018.

What is unit 1504 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 1504, Vezul Residence

Starts from the last sale price (AED 1.48M, 3 June 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,480,000
Deposit, UAE resident (20%)
AED 296,000
Deposit, non-resident (40%)
AED 592,000
Monthly over 25 years at 3.7%
AED 6,055

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