1601, Vezul Residence
Sold prices and rental history: sold once, by the developer in July 2022, 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 1601, Vezul Residence
What is 1601 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 15 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,430 sqft
- Parking
- B1-31
- Completed
- 2018
- Service charge
- AED 23,400 /yr
- Last sold
- AED 1.6M · July 2022
- Building
- Vezul Residence
About 1601, Vezul Residence
1601 is a two-bedroom apartment of 1,430 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. The developer sold it on 19 July 2022 for AED 1,595,650, or AED 1,116 per sqft, 3% above the AED 1,081 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 10 Ejari contracts. The current contract, signed on 15 November 2025, is AED 140,000 a year: a gross yield of 8.8% on the 2022 price, before the service charge of about AED 23,400 a year.
Sales and rents for 1601 over time
1601 has sold once; 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 1601 sits
All 67 2-beds →1601 last sold in July 2022 at AED 1,116 per sqft, 3% above what two-beds in Vezul Residence were fetching at the time (AED 1,081). 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. 1601's AED 140,000 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%
1601, Vezul Residence in numbers
- Sold once: by the developer on 19 July 2022 for AED 1,595,650, or AED 1,116 per sqft.
- Rented since March 2020 on 10 Ejari contracts. The rent fell from AED 120,000 to AED 18,060 in 2022 and recovered to AED 140,000 by November 2025.
- At AED 140,000 a year the gross yield on the 2022 price is 8.8%, before a service charge of about AED 23,400 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 15 November 2025.
Questions about 1601, Vezul Residence
What did unit 1601 last sell for?
AED 1,595,650 on 19 July 2022, sold by the developer: AED 1,116 per sqft for 1,430 sqft. It is the only registered sale of the unit.
What is the rent for unit 1601?
AED 140,000 a year on the contract signed on 15 November 2025. The previous contract, from September 2024, was AED 140,000; the unit has been rented since March 2020.
How big is unit 1601?
1,430 sqft (132.9 sqm): a two-bedroom apartment of a 17-storey tower completed in 2018.
What is unit 1601 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 1601? 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 1601, Vezul Residence
Starts from the last sale price (AED 1.6M, 19 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,595,650
- Deposit, UAE resident (20%)
- AED 319,130
- Deposit, non-resident (40%)
- AED 638,260
- Monthly over 25 years at 3.7%
- AED 6,528
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →