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2-bed · 1,388 sqftVezul Residence, Business Bay · completed 2018

206, Vezul Residence

Sold prices and rental history: sold once, by the developer in March 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 25 May 2026
Last soldAED 1.42M22 March 2023
Current rentAED 110K /yr25 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 206, Vezul Residence

What is 206 worth today?

Last sold for AED 1,420,000 in 2023

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25 May 2026RentedRenewal
AED 110,000/yr12 months · AED 79 per sqft
25 May 2025RentedNew contract
AED 116,500/yr12 months · AED 84 per sqft
25 May 2024RentedRenewal
AED 112,000/yr12 months · AED 81 per sqft
25 May 2023RentedNew contract
AED 108,000/yr12 months · AED 78 per sqft
22 Mar 2023Sold by developerReady
AED 1,420,000AED 1,022 per sqft
26 Feb 2022RentedRenewal
AED 86,900/yr12 months · AED 63 per sqft
26 Feb 2021RentedRenewal
AED 79,000/yr12 months · AED 57 per sqft
26 Feb 2020RentedNew contract
AED 93,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 25 May 2026.

Key facts

Type
2-bed apartment
Size
1,388 sqft
Parking
B2-63,B2-9
Completed
2018
Service charge
AED 22,700 /yr
Last sold
AED 1.42M · March 2023
Building
Vezul Residence

About 206, Vezul Residence

206 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 22 March 2023 for AED 1,420,000, or AED 1,022 per sqft, 3% below the AED 1,057 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 25 May 2026, is AED 110,000 a year: a gross yield of 7.8% on the 2023 price, before the service charge of about AED 22,700 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical two-bed in Vezul Residence
1.5M1.75M2M20222023202420252026Typical 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, March 2023: AED 1,420,000 (AED 1,022 per sqft)

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

Rents
Unit 206, each contractTypical two-bed in Vezul Residence
100K20192021202320252027Typical 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 93,000 a yearRenewal, February 2021: AED 79,000 a yearRenewal, February 2022: AED 86,900 a yearNew contract, May 2023: AED 108,000 a yearRenewal, May 2024: AED 112,000 a yearNew contract, May 2025: AED 116,500 a yearRenewal, May 2026: AED 110,000 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 206 sits

All 67 2-beds →

206 last sold in March 2023 at AED 1,022 per sqft, 3% below what two-beds in Vezul Residence were fetching at the time (AED 1,057). 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. 206's AED 110,000 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 →

206, Vezul Residence in numbers

  • Sold once: by the developer on 22 March 2023 for AED 1,420,000, or AED 1,022 per sqft.
  • Rented since February 2020 on 7 Ejari contracts. The rent fell from AED 93,000 to AED 79,000 in 2021 and recovered to AED 110,000 by May 2026.
  • At AED 110,000 a year the gross yield on the 2023 price is 7.8%, 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 25 May 2026.

Questions about 206, Vezul Residence

What did unit 206 last sell for?

AED 1,420,000 on 22 March 2023, sold by the developer: AED 1,022 per sqft for 1,388 sqft. It is the only registered sale of the unit.

What is the rent for unit 206?

AED 110,000 a year on the contract renewed on 25 May 2026. The previous contract, from May 2025, was AED 116,500; the unit has been rented since February 2020.

How big is unit 206?

1,388 sqft (128.9 sqm): a two-bedroom apartment of a 17-storey tower completed in 2018.

What is unit 206 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 206, Vezul Residence

Starts from the last sale price (AED 1.42M, 22 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,420,000
Deposit, UAE resident (20%)
AED 284,000
Deposit, non-resident (40%)
AED 568,000
Monthly over 25 years at 3.7%
AED 5,810

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