1605, Vezul Residence
Sold prices and rental history: sold once, by the developer in July 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1605, Vezul Residence
What is 1605 worth today?
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Source: Dubai Land Department. Updated 5 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,488 sqft
- Parking
- B1-108
- Completed
- 2018
- Service charge
- AED 24,400 /yr
- Last sold
- AED 1.59M · July 2022
- Building
- Vezul Residence
About 1605, Vezul Residence
1605 is a two-bedroom apartment of 1,488 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. The developer sold it on 20 July 2022 for AED 1,592,000, or AED 1,069 per sqft, in line with the AED 1,069 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 5 August 2026, is AED 138,000 a year: a gross yield of 8.7% on the 2022 price, before the service charge of about AED 24,400 a year.
Sales and rents for 1605 over time
1605 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 1605 sits
All 67 2-beds →1605 last sold in July 2022 at AED 1,069 per sqft, in line with what two-beds in Vezul Residence were fetching at the time (AED 1,069). 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. 1605's AED 138,000 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%
1605, Vezul Residence in numbers
- Sold once: by the developer on 20 July 2022 for AED 1,592,000, or AED 1,069 per sqft.
- Rented since April 2021 on 7 Ejari contracts, from AED 93,000 to AED 138,000 a year.
- At AED 138,000 a year the gross yield on the 2022 price is 8.7%, before a service charge of about AED 24,400 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 5 August 2026.
Questions about 1605, Vezul Residence
What did unit 1605 last sell for?
AED 1,592,000 on 20 July 2022, sold by the developer: AED 1,069 per sqft for 1,488 sqft. It is the only registered sale of the unit.
What is the rent for unit 1605?
AED 138,000 a year on the contract renewed on 5 August 2026. The previous contract, from August 2025, was AED 138,000; the unit has been rented since April 2021.
How big is unit 1605?
1,488 sqft (138.2 sqm): a two-bedroom apartment of a 17-storey tower completed in 2018.
What is unit 1605 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 1605, Vezul Residence
Starts from the last sale price (AED 1.59M, 20 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,592,000
- Deposit, UAE resident (20%)
- AED 318,400
- Deposit, non-resident (40%)
- AED 636,800
- Monthly over 25 years at 3.7%
- AED 6,513
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →