2-bed · 1,360 sqftVezul Residence, Business Bay · completed 2018

306, Vezul Residence

Sold prices and rental history: sold once, by the developer in November 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 26 January 2026
Last soldAED 1.38M14 November 2022
Current rentAED 145K /yr26 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Vezul Residence

What is 306 worth today?

Last sold for AED 1,375,000 in 2022

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26 Jan 2026RentedRenewal
AED 145,000/yr12 months · AED 107 per sqft
26 Jan 2025RentedNew contract
AED 145,000/yr12 months · AED 107 per sqft
26 Jan 2025RentedNew contract
AED 145,000/yr12 months · AED 107 per sqft
15 Apr 2023RentedNew contract
AED 98,175/yr12 months · AED 72 per sqft
14 Nov 2022Sold by developerReady
AED 1,375,000AED 1,010 per sqft
15 Mar 2021RentedNew contract
AED 85,000/yr13 months · AED 62 per sqft
20 Oct 2019RentedNew contract
AED 90,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 26 January 2026.

Key facts

Type
2-bed apartment
Size
1,360 sqft
Parking
B2-35
Completed
2018
Service charge
AED 22,300 /yr
Last sold
AED 1.38M · November 2022

About 306, Vezul Residence

306 is a two-bedroom apartment of 1,360 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. The developer sold it on 14 November 2022 for AED 1,375,000, or AED 1,010 per sqft, in line with the AED 1,035 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 26 January 2026, is AED 145,000 a year: a gross yield of 10.5% on the 2022 price, before the service charge of about AED 22,300 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, November 2022: AED 1,375,000 (AED 1,010 per sqft)

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

Rents
Unit 306, each contractTypical two-bed in Vezul Residence
100K150K20192021202320252027Typical 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, October 2019: AED 90,000 a yearNew contract, March 2021: AED 85,000 a yearNew contract, April 2023: AED 98,175 a yearNew contract, January 2025: AED 145,000 a yearNew contract, January 2025: AED 145,000 a yearRenewal, January 2026: AED 145,000 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 306 sits

All 67 2-beds →

306 last sold in November 2022 at AED 1,010 per sqft, in line with what two-beds in Vezul Residence were fetching at the time (AED 1,035). 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. 306's AED 145,000 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 →

306, Vezul Residence in numbers

  • Sold once: by the developer on 14 November 2022 for AED 1,375,000, or AED 1,010 per sqft.
  • Rented since October 2019 on 6 Ejari contracts, from AED 90,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2022 price is 10.5%, before a service charge of about AED 22,300 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 26 January 2026.

Questions about 306, Vezul Residence

What did unit 306 last sell for?

AED 1,375,000 on 14 November 2022, sold by the developer: AED 1,010 per sqft for 1,360 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 145,000 a year on the contract renewed on 26 January 2026. The previous contract, from January 2025, was AED 145,000; the unit has been rented since October 2019.

How big is unit 306?

1,360 sqft (126.3 sqm): a two-bedroom apartment of a 17-storey tower completed in 2018.

What is unit 306 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 306, Vezul Residence

Starts from the last sale price (AED 1.38M, 14 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,375,000
Deposit, UAE resident (20%)
AED 275,000
Deposit, non-resident (40%)
AED 550,000
Monthly over 25 years at 3.7%
AED 5,626

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