1606, Vezul Residence
Sold prices and rental history: sold once, by the developer in February 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1606, Vezul Residence
What is 1606 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 16 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,388 sqft
- Parking
- B1-57,B2-17
- Completed
- 2018
- Service charge
- AED 22,700 /yr
- Last sold
- AED 1.58M · February 2023
- Building
- Vezul Residence
About 1606, Vezul Residence
1606 is a two-bedroom apartment of 1,388 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. The developer sold it on 1 February 2023 for AED 1,584,000, or AED 1,141 per sqft, 8% above the AED 1,056 two-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 16 August 2026, is AED 135,000 a year: a gross yield of 8.5% on the 2023 price, before the service charge of about AED 22,700 a year.
Sales and rents for 1606 over time
1606 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 1606 sits
All 67 2-beds →1606 last sold in February 2023 at AED 1,141 per sqft, 8% above what two-beds in Vezul Residence were fetching at the time (AED 1,056). 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. 1606's AED 135,000 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%
1606, Vezul Residence in numbers
- Sold once: by the developer on 1 February 2023 for AED 1,584,000, or AED 1,141 per sqft.
- Rented since February 2023 on 5 Ejari contracts, from AED 160,000 to AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2023 price is 8.5%, before a service charge of about AED 22,700 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 16 August 2026.
Questions about 1606, Vezul Residence
What did unit 1606 last sell for?
AED 1,584,000 on 1 February 2023, sold by the developer: AED 1,141 per sqft for 1,388 sqft. It is the only registered sale of the unit.
What is the rent for unit 1606?
AED 135,000 a year on the contract renewed on 16 August 2026. The previous contract, from August 2025, was AED 135,000; the unit has been rented since February 2023.
How big is unit 1606?
1,388 sqft (128.9 sqm): a two-bedroom apartment of a 17-storey tower completed in 2018.
What is unit 1606 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 1606? 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 1606, Vezul Residence
Starts from the last sale price (AED 1.58M, 1 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,584,000
- Deposit, UAE resident (20%)
- AED 316,800
- Deposit, non-resident (40%)
- AED 633,600
- Monthly over 25 years at 3.7%
- AED 6,481
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →