407, Vezul Residence
Sold prices and rental history: sold once, by the developer in June 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Vezul Residence
What is 407 worth today?
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Source: Dubai Land Department. Updated 1 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 778 sqft
- Parking
- B1-115
- Completed
- 2018
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1M · June 2023
- Building
- Vezul Residence
About 407, Vezul Residence
407 is a one-bedroom apartment of 778 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. The developer sold it on 21 June 2023 for AED 1,000,111, or AED 1,285 per sqft, 4% below the AED 1,333 one-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 1 June 2025, is AED 84,000 a year: a gross yield of 8.4% on the 2023 price, before the service charge of about AED 12,700 a year.
Sales and rents for 407 over time
407 has sold once; the dashed line is the one-bed median of each year in the building.
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 407 sits
All 64 1-beds →407 last sold in June 2023 at AED 1,285 per sqft, 4% below what one-beds in Vezul Residence were fetching at the time (AED 1,333). 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. 407's AED 84,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 910 sqft | 1,240,000 | 1,363 | ||
| 4 Sep 20264 September 2026 | 840 sqft | 1,290,000 | 1,535 | ||
| 8 Jun 20268 June 2026 | 909 sqft | 1,400,000 | 1,540 | ||
| 3 Jun 20263 June 2026 | 1,021 sqft | 1,150,000 | 1,126 |
Vezul Residence
Building14 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%
407, Vezul Residence in numbers
- Sold once: by the developer on 21 June 2023 for AED 1,000,111, or AED 1,285 per sqft.
- Rented since February 2020 on 7 Ejari contracts. The rent fell from AED 78,000 to AED 65,000 in 2021 and recovered to AED 84,000 by June 2025.
- At AED 84,000 a year the gross yield on the 2023 price is 8.4%, before a service charge of about AED 12,700 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 June 2025.
Questions about 407, Vezul Residence
What did unit 407 last sell for?
AED 1,000,111 on 21 June 2023, sold by the developer: AED 1,285 per sqft for 778 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 84,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2025, was AED 84,000; the unit has been rented since February 2020.
How big is unit 407?
778 sqft (72.3 sqm): a one-bedroom apartment of a 17-storey tower completed in 2018.
What is unit 407 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 407, Vezul Residence
Starts from the last sale price (AED 1M, 21 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,111
- Deposit, UAE resident (20%)
- AED 200,022
- Deposit, non-resident (40%)
- AED 400,044
- Monthly over 25 years at 3.7%
- AED 4,092
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →