2-bed · 1,488 sqftVezul Residence, Business Bay · completed 2018

405, Vezul Residence

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

Unit 405 · DLD and Ejari recordsUpdated 30 May 2026
Last soldAED 1.48M4 October 2022
Current rentAED 120K /yr30 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Vezul Residence

What is 405 worth today?

Last sold for AED 1,479,072 in 2022

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30 May 2026RentedNew contract
AED 120,000/yr12 months · AED 81 per sqft
20 May 2025RentedNew contract
AED 125,000/yr12 months · AED 84 per sqft
20 May 2025RentedNew contract
AED 125,000/yr12 months · AED 84 per sqft
29 Mar 2025RentedNew contract
AED 120,000/yr12 months · AED 81 per sqft
29 Mar 2025RentedNew contract
AED 120,000/yr12 months · AED 81 per sqft
1 May 2024RentedRenewal
AED 115,000/yr12 months · AED 77 per sqft
1 May 2023RentedNew contract
AED 109,000/yr12 months · AED 73 per sqft
4 Oct 2022Sold by developerReady
AED 1,479,072AED 993 per sqft

Source: Dubai Land Department. Updated 30 May 2026.

Key facts

Type
2-bed apartment
Size
1,488 sqft
Parking
B1-117
Completed
2018
Service charge
AED 24,400 /yr
Last sold
AED 1.48M · October 2022

About 405, Vezul Residence

405 is a two-bedroom apartment of 1,488 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. The developer sold it on 4 October 2022 for AED 1,479,072, or AED 993 per sqft, 4% below the AED 1,035 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 12 Ejari contracts. The current contract, signed on 30 May 2026, is AED 120,000 a year: a gross yield of 8.1% on the 2022 price, before the service charge of about AED 24,400 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, October 2022: AED 1,479,072 (AED 993 per sqft)

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

Rents
Unit 405, 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 92,000 a yearRenewal, November 2020: AED 92,000 a yearRenewal, January 2021: AED 79,000 a yearRenewal, January 2022: AED 86,900 a yearNew contract, March 2022: AED 109,000 a yearNew contract, May 2023: AED 109,000 a yearRenewal, May 2024: AED 115,000 a yearNew contract, March 2025: AED 120,000 a yearNew contract, March 2025: AED 120,000 a yearNew contract, May 2025: AED 125,000 a yearNew contract, May 2025: AED 125,000 a yearNew contract, May 2026: AED 120,000 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 405 sits

All 67 2-beds →

405 last sold in October 2022 at AED 993 per sqft, 4% below 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. 405's AED 120,000 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 →

405, Vezul Residence in numbers

  • Sold once: by the developer on 4 October 2022 for AED 1,479,072, or AED 993 per sqft.
  • Rented since November 2019 on 12 Ejari contracts. The rent fell from AED 92,000 to AED 79,000 in 2021 and recovered to AED 120,000 by May 2026.
  • At AED 120,000 a year the gross yield on the 2022 price is 8.1%, before a service charge of about AED 24,400 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 30 May 2026.

Questions about 405, Vezul Residence

What did unit 405 last sell for?

AED 1,479,072 on 4 October 2022, sold by the developer: AED 993 per sqft for 1,488 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 120,000 a year on the contract signed on 30 May 2026. The previous contract, from May 2025, was AED 125,000; the unit has been rented since November 2019.

How big is unit 405?

1,488 sqft (138.2 sqm): a two-bedroom apartment of a 17-storey tower completed in 2018.

What is unit 405 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 405, Vezul Residence

Starts from the last sale price (AED 1.48M, 4 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,479,072
Deposit, UAE resident (20%)
AED 295,814
Deposit, non-resident (40%)
AED 591,629
Monthly over 25 years at 3.7%
AED 6,051

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