1-bed · 910 sqftVezul Residence, Business Bay · completed 2018

404, 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 404 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 1.17M22 March 2023
Current rentAED 95K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Vezul Residence

What is 404 worth today?

Last sold for AED 1,165,000 in 2023

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1 Oct 2025RentedNew contract
AED 95,000/yr12 months · AED 104 per sqft
15 Sep 2024RentedNew contract
AED 100,000/yr12 months · AED 109 per sqft
1 May 2023RentedNew contract
AED 75,000/yr12 months · AED 82 per sqft
22 Mar 2023Sold by developerReady
AED 1,165,000AED 1,280 per sqft
2 May 2022RentedRenewal
AED 68,250/yr12 months · AED 75 per sqft
2 Apr 2021RentedNew contract
AED 65,000/yr13 months · AED 71 per sqft
1 Feb 2020RentedNew contract
AED 73,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
1-bed apartment
Size
910 sqft
Parking
B1-118
Completed
2018
Service charge
AED 14,900 /yr
Last sold
AED 1.17M · March 2023

About 404, Vezul Residence

404 is a one-bedroom apartment of 910 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. The developer sold it on 22 March 2023 for AED 1,165,000, or AED 1,280 per sqft, 4% below the AED 1,332 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 1 October 2025, is AED 95,000 a year: a gross yield of 8.2% on the 2023 price, before the service charge of about AED 14,900 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, March 2023: AED 1,165,000 (AED 1,280 per sqft)

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

Rents
Unit 404, each contractTypical one-bed in Vezul Residence
60K80K100K20192021202320252027Typical 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, February 2020: AED 73,000 a yearNew contract, April 2021: AED 65,000 a yearRenewal, May 2022: AED 68,250 a yearNew contract, May 2023: AED 75,000 a yearNew contract, September 2024: AED 100,000 a yearNew contract, October 2025: AED 95,000 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 404 sits

All 64 1-beds →

404 last sold in March 2023 at AED 1,280 per sqft, 4% below what one-beds in Vezul Residence were fetching at the time (AED 1,332). 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. 404's AED 95,000 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 →

404, Vezul Residence in numbers

  • Sold once: by the developer on 22 March 2023 for AED 1,165,000, or AED 1,280 per sqft.
  • Rented since February 2020 on 6 Ejari contracts. The rent fell from AED 73,000 to AED 65,000 in 2021 and recovered to AED 95,000 by October 2025.
  • At AED 95,000 a year the gross yield on the 2023 price is 8.2%, 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 October 2025.

Questions about 404, Vezul Residence

What did unit 404 last sell for?

AED 1,165,000 on 22 March 2023, sold by the developer: AED 1,280 per sqft for 910 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 95,000 a year on the contract signed on 1 October 2025. The previous contract, from September 2024, was AED 100,000; the unit has been rented since February 2020.

How big is unit 404?

910 sqft (84.5 sqm): a one-bedroom apartment of a 17-storey tower completed in 2018.

What is unit 404 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.

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Mortgage on 404, Vezul Residence

Starts from the last sale price (AED 1.17M, 22 March 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 →