1609, Vezul Residence
Sold prices and rental history: sold once, by the developer in June 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 1609, Vezul Residence
What is 1609 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 24 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,464 sqft
- Parking
- B1-76
- Completed
- 2018
- Service charge
- AED 24,000 /yr
- Last sold
- AED 1.56M · June 2022
- Building
- Vezul Residence
About 1609, Vezul Residence
1609 is a two-bedroom apartment of 1,464 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. The developer sold it on 29 June 2022 for AED 1,560,000, or AED 1,065 per sqft.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 24 January 2026, is AED 131,250 a year: a gross yield of 8.4% on the 2022 price, before the service charge of about AED 24,000 a year.
Sales and rents for 1609 over time
1609 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 1609 sits
All 67 2-beds →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. 1609's AED 131,250 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%
1609, Vezul Residence in numbers
- Sold once: by the developer on 29 June 2022 for AED 1,560,000, or AED 1,065 per sqft.
- Rented since November 2020 on 8 Ejari contracts, from AED 93,000 to AED 131,250 a year.
- At AED 131,250 a year the gross yield on the 2022 price is 8.4%, before a service charge of about AED 24,000 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 24 January 2026.
Questions about 1609, Vezul Residence
What did unit 1609 last sell for?
AED 1,560,000 on 29 June 2022, sold by the developer: AED 1,065 per sqft for 1,464 sqft. It is the only registered sale of the unit.
What is the rent for unit 1609?
AED 131,250 a year on the contract renewed on 24 January 2026. The previous contract, from January 2025, was AED 125,000; the unit has been rented since November 2020.
How big is unit 1609?
1,464 sqft (136.0 sqm): a two-bedroom apartment of a 17-storey tower completed in 2018.
What is unit 1609 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 1609? 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 1609, Vezul Residence
Starts from the last sale price (AED 1.56M, 29 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,560,000
- Deposit, UAE resident (20%)
- AED 312,000
- Deposit, non-resident (40%)
- AED 624,000
- Monthly over 25 years at 3.7%
- AED 6,382
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →