2-bed · 1,430 sqftVezul Residence, Business Bay · completed 2018

401, Vezul Residence

Sold prices and rental history: sold once, by the developer in January 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 15 June 2025
Last soldAED 1.51M4 January 2023
Current rentAED 130K /yr15 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Vezul Residence

What is 401 worth today?

Last sold for AED 1,508,650 in 2023

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15 Jun 2025RentedNew contract
AED 130,000/yr12 months · AED 91 per sqft
10 May 2024RentedNew contract
AED 135,000/yr12 months · AED 94 per sqft
30 Mar 2023RentedNew contract
AED 110,000/yr12 months · AED 77 per sqft
4 Jan 2023Sold by developerReady
AED 1,508,650AED 1,055 per sqft
30 Mar 2022RentedNew contract
AED 109,000/yr12 months · AED 76 per sqft
1 Feb 2021RentedNew contract
AED 79,000/yr12 months · AED 55 per sqft
15 Nov 2019RentedNew contract
AED 93,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 15 June 2025.

Key facts

Type
2-bed apartment
Size
1,430 sqft
Parking
B2-22,B1-16
Completed
2018
Service charge
AED 23,400 /yr
Last sold
AED 1.51M · January 2023

About 401, Vezul Residence

401 is a two-bedroom apartment of 1,430 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. The developer sold it on 4 January 2023 for AED 1,508,650, or AED 1,055 per sqft, in line with the AED 1,056 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 15 June 2025, is AED 130,000 a year: a gross yield of 8.6% on the 2023 price, before the service charge of about AED 23,400 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, January 2023: AED 1,508,650 (AED 1,055 per sqft)

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

Rents
Unit 401, 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, November 2019: AED 93,000 a yearNew contract, February 2021: AED 79,000 a yearNew contract, March 2022: AED 109,000 a yearNew contract, March 2023: AED 110,000 a yearNew contract, May 2024: AED 135,000 a yearNew contract, June 2025: AED 130,000 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 401 sits

All 67 2-beds →

401 last sold in January 2023 at AED 1,055 per sqft, in line with what two-beds in Vezul Residence were fetching at the time (AED 1,056). 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. 401's AED 130,000 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 →

401, Vezul Residence in numbers

  • Sold once: by the developer on 4 January 2023 for AED 1,508,650, or AED 1,055 per sqft.
  • Rented since November 2019 on 6 Ejari contracts. The rent fell from AED 93,000 to AED 79,000 in 2021 and recovered to AED 130,000 by June 2025.
  • At AED 130,000 a year the gross yield on the 2023 price is 8.6%, before a service charge of about AED 23,400 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 15 June 2025.

Questions about 401, Vezul Residence

What did unit 401 last sell for?

AED 1,508,650 on 4 January 2023, sold by the developer: AED 1,055 per sqft for 1,430 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 130,000 a year on the contract signed on 15 June 2025. The previous contract, from May 2024, was AED 135,000; the unit has been rented since November 2019.

How big is unit 401?

1,430 sqft (132.9 sqm): a two-bedroom apartment of a 17-storey tower completed in 2018.

What is unit 401 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 401, Vezul Residence

Starts from the last sale price (AED 1.51M, 4 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,508,650
Deposit, UAE resident (20%)
AED 301,730
Deposit, non-resident (40%)
AED 603,460
Monthly over 25 years at 3.7%
AED 6,172

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