2-bed · 1,826 sqftVezul Residence, Business Bay · completed 2018

1701, Vezul Residence

Sold prices and rental history: sold once, by the developer in December 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1701 · DLD and Ejari recordsUpdated 9 February 2026
Last soldAED 2.07M22 December 2022
Current rentAED 90K /yr9 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, Vezul Residence

What is 1701 worth today?

Last sold for AED 2,068,164 in 2022

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9 Feb 2026RentedNew contract
AED 90,000/yr12 months · AED 49 per sqft
22 Dec 2022Sold by developerReady
AED 2,068,164AED 1,132 per sqft
24 Feb 2022RentedRenewal
AED 97,650/yr12 months · AED 53 per sqft
24 Feb 2021RentedRenewal
AED 93,000/yr12 months · AED 51 per sqft
24 Feb 2020RentedNew contract
AED 113,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 9 February 2026.

Key facts

Type
2-bed apartment
Size
1,826 sqft
Parking
B1-36
Completed
2018
Service charge
AED 29,900 /yr
Last sold
AED 2.07M · December 2022

About 1701, Vezul Residence

1701 is a two-bedroom apartment of 1,826 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. The developer sold it on 22 December 2022 for AED 2,068,164, or AED 1,132 per sqft, 7% above the AED 1,058 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 9 February 2026, is AED 90,000 a year: a gross yield of 4.3% on the 2022 price, before the service charge of about AED 29,900 a year.

Sales and rents for 1701 over time

Sales
Unit 1701, each saleTypical two-bed in Vezul Residence
1.5M2M20222023202420252026Typical sale price by year: 2022 AED 1,485,000; 2023 AED 1,593,945; 2024 AED 1,950,000; 2025 AED 1,950,000Sold by developer, December 2022: AED 2,068,164 (AED 1,132 per sqft)

1701 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1701, each contractTypical two-bed in Vezul Residence
100K125K20192021202320252027Typical rent by year: 2019 AED 92,000; 2020 AED 89,000; 2021 AED 89,636; 2022 AED 104,000; 2023 AED 115,000; 2024 AED 135,000; 2025 AED 135,000; 2026 AED 127,500New contract, February 2020: AED 113,000 a yearRenewal, February 2021: AED 93,000 a yearRenewal, February 2022: AED 97,650 a yearNew contract, February 2026: AED 90,000 a year

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 1701 sits

All 67 2-beds →

1701 last sold in December 2022 at AED 1,132 per sqft, 7% above what two-beds in Vezul Residence were fetching at the time (AED 1,058). 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. 1701's AED 90,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 May 20262,100,000
13 Nov 20251,950,000
6 Oct 20251,950,000
10 Jul 20251,900,000
2 2-bed sales in the last 12 months

Vezul Residence

Building

14 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%
Vezul Residence, Business Bay: prices, sales and rents →

1701, Vezul Residence in numbers

  • Sold once: by the developer on 22 December 2022 for AED 2,068,164, or AED 1,132 per sqft.
  • Rented since February 2020 on 4 Ejari contracts, from AED 113,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 4.3%, before a service charge of about AED 29,900 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 9 February 2026.

Questions about 1701, Vezul Residence

What did unit 1701 last sell for?

AED 2,068,164 on 22 December 2022, sold by the developer: AED 1,132 per sqft for 1,826 sqft. It is the only registered sale of the unit.

What is the rent for unit 1701?

AED 90,000 a year on the contract signed on 9 February 2026. The previous contract, from February 2022, was AED 97,650; the unit has been rented since February 2020.

How big is unit 1701?

1,826 sqft (169.6 sqm): a two-bedroom apartment of a 17-storey tower completed in 2018.

What is unit 1701 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 1701, Vezul Residence

Starts from the last sale price (AED 2.07M, 22 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,068,164
Deposit, UAE resident (20%)
AED 413,633
Deposit, non-resident (40%)
AED 827,266
Monthly over 25 years at 3.7%
AED 8,461

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →