1-bed · 909 sqftVezul Residence, Business Bay · completed 2018

204, Vezul Residence

Sold prices and rental history: sold once, by the developer in January 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 1.17M25 January 2023
Current rentAED 87K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Vezul Residence

What is 204 worth today?

Last sold for AED 1,165,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Nov 2025RentedNew contract
AED 87,000/yr12 months · AED 96 per sqft
20 Sep 2024RentedNew contract
AED 85,000/yr12 months · AED 94 per sqft
20 Jul 2023RentedNew contract
AED 84,000/yr12 months · AED 93 per sqft
25 Jan 2023Sold by developerReady
AED 1,165,000AED 1,281 per sqft
20 Jul 2022RentedNew contract
AED 84,000/yr12 months · AED 92 per sqft
14 Jun 2021RentedNew contract
AED 85,000/yr13 months · AED 94 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
1-bed apartment
Size
909 sqft
Parking
B2-31
Completed
2018
Service charge
AED 14,900 /yr
Last sold
AED 1.17M · January 2023

About 204, Vezul Residence

204 is a one-bedroom apartment of 909 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. The developer sold it on 25 January 2023 for AED 1,165,000, or AED 1,281 per sqft, 5% below the AED 1,346 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 1 November 2025, is AED 87,000 a year: a gross yield of 7.5% on the 2023 price, before the service charge of about AED 14,900 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical one-bed in Vezul Residence
1M1.25M2021202320252027Typical sale price by year: 2021 AED 950,000; 2022 AED 1,125,000; 2023 AED 1,155,000; 2024 AED 1,412,500; 2025 AED 1,400,000; 2026 AED 1,345,000Sold by developer, January 2023: AED 1,165,000 (AED 1,281 per sqft)

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

Rents
Unit 204, each contractTypical one-bed in Vezul Residence
70K80K90K20192021202320252027Typical rent by year: 2019 AED 69,700; 2020 AED 73,000; 2021 AED 69,000; 2022 AED 75,900; 2023 AED 85,000; 2024 AED 90,000; 2025 AED 90,000; 2026 AED 85,500New contract, June 2021: AED 85,000 a yearNew contract, July 2022: AED 84,000 a yearNew contract, July 2023: AED 84,000 a yearNew contract, September 2024: AED 85,000 a yearNew contract, November 2025: AED 87,000 a year

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 204 sits

All 64 1-beds →

204 last sold in January 2023 at AED 1,281 per sqft, 5% below what one-beds in Vezul Residence were fetching at the time (AED 1,346). 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. 204's AED 87,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Oct 20261,240,000
4 Sep 20261,290,000
8 Jun 20261,400,000
3 Jun 20261,150,000
6 1-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 →

204, Vezul Residence in numbers

  • Sold once: by the developer on 25 January 2023 for AED 1,165,000, or AED 1,281 per sqft.
  • Rented since June 2021 on 5 Ejari contracts, from AED 85,000 to AED 87,000 a year.
  • At AED 87,000 a year the gross yield on the 2023 price is 7.5%, before a service charge of about AED 14,900 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 1 November 2025.

Questions about 204, Vezul Residence

What did unit 204 last sell for?

AED 1,165,000 on 25 January 2023, sold by the developer: AED 1,281 per sqft for 909 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 87,000 a year on the contract signed on 1 November 2025. The previous contract, from September 2024, was AED 85,000; the unit has been rented since June 2021.

How big is unit 204?

909 sqft (84.4 sqm): a one-bedroom apartment of a 17-storey tower completed in 2018.

What is unit 204 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.

Selling 204? 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.

How OpenOffers works

Mortgage on 204, Vezul Residence

Starts from the last sale price (AED 1.17M, 25 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,165,000
Deposit, UAE resident (20%)
AED 233,000
Deposit, non-resident (40%)
AED 466,000
Monthly over 25 years at 3.7%
AED 4,766

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