1603, Vezul Residence
Sold prices and rental history: sold twice, last in September 2026, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Vezul Residence
What is 1603 worth today?
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Source: Dubai Land Department. Updated 22 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 840 sqft
- Floor
- 16th of 17
- Parking
- B1-74
- Completed
- 2018
- Service charge
- AED 13,800 /yr
- Last sold
- AED 1.29M · September 2026
- Building
- Vezul Residence
About 1603, Vezul Residence
1603 is a one-bedroom apartment of 840 sqft on the 16th floor of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. It last sold on 4 September 2026 for AED 1,290,000, or AED 1,535 per sqft, in line with the AED 1,538 one-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 22 October 2026, is AED 90,000 a year: a gross yield of 7.0% on the 2026 price, before the service charge of about AED 13,800 a year.
Sales and rents for 1603 over time
1603 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1603 sits
All 64 1-beds →1603 last sold in September 2026 at AED 1,535 per sqft, in line with what one-beds in Vezul Residence were fetching at the time (AED 1,538). 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. 1603's AED 90,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 910 sqft | 1,240,000 | 1,363 | ||
| 8 Jun 20268 June 2026 | 909 sqft | 1,400,000 | 1,540 | ||
| 3 Jun 20263 June 2026 | 1,021 sqft | 1,150,000 | 1,126 | ||
| 3 Jun 20263 June 2026 | 909 sqft | 1,480,000 | 1,628 |
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%
Other units on the 16th floor
All 14 units in Vezul Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1604 | 1-bed | 910 sqft | AED 1.24MAED 1,240,000 · Oct 2026October 2026 | 78,000 /yr |
1603, Vezul Residence in numbers
- Sold twice: first on 14 July 2021 for AED 950,000, last on 4 September 2026 for AED 1,290,000 (AED 1,535 per sqft).
- Rented since June 2020 on 3 Ejari contracts, from AED 73,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2026 price is 7.0%, before a service charge of about AED 13,800 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 22 October 2026.
Questions about 1603, Vezul Residence
What did unit 1603 last sell for?
AED 1,290,000 on 4 September 2026: AED 1,535 per sqft for 840 sqft. The unit has 2 registered sales; the first was AED 950,000 in July 2021.
What is the rent for unit 1603?
AED 90,000 a year on the contract signed on 22 October 2026. The previous contract, from February 2024, was AED 90,000; the unit has been rented since June 2020.
How big is unit 1603?
840 sqft (78.0 sqm): a one-bedroom apartment on the 16th floor of a 17-storey tower completed in 2018.
What is unit 1603 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 1603, Vezul Residence
Starts from the last sale price (AED 1.29M, 4 September 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,290,000
- Deposit, UAE resident (20%)
- AED 258,000
- Deposit, non-resident (40%)
- AED 516,000
- Monthly over 25 years at 3.7%
- AED 5,278
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →