1-bed · 901 sqftVezul Residence, Business Bay · completed 2018

502, 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 502 · DLD and Ejari recordsUpdated 23 May 2026
Last soldAED 1.17M6 October 2022
Current rentAED 85K /yr23 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Vezul Residence

What is 502 worth today?

Last sold for AED 1,165,000 in 2022

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23 May 2026RentedNew contract
AED 85,000/yr12 months · AED 94 per sqft
15 Mar 2025RentedRenewal
AED 110,000/yr12 months · AED 122 per sqft
15 Mar 2025RentedRenewal
AED 110,000/yr12 months · AED 122 per sqft
15 Mar 2024RentedNew contract
AED 110,000/yr12 months · AED 122 per sqft
25 Feb 2023RentedNew contract
AED 100,000/yr12 months · AED 111 per sqft
6 Oct 2022Sold by developerReady
AED 1,165,000AED 1,293 per sqft
20 Mar 2022RentedRenewal
AED 84,999/yr4 months · AED 94 per sqft
20 Feb 2021RentedNew contract
AED 85,000/yr13 months · AED 94 per sqft

Source: Dubai Land Department. Updated 23 May 2026.

Key facts

Type
1-bed apartment
Size
901 sqft
Parking
B1-103
Completed
2018
Service charge
AED 14,800 /yr
Last sold
AED 1.17M · October 2022

About 502, Vezul Residence

502 is a one-bedroom apartment of 901 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. The developer sold it on 6 October 2022 for AED 1,165,000, or AED 1,293 per sqft, 3% above the AED 1,253 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 23 May 2026, is AED 85,000 a year: a gross yield of 7.3% on the 2022 price, before the service charge of about AED 14,800 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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, October 2022: AED 1,165,000 (AED 1,293 per sqft)

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

Rents
Unit 502, 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, November 2019: AED 66,300 a yearNew contract, February 2021: AED 85,000 a yearRenewal, March 2022: AED 84,999 a yearNew contract, February 2023: AED 100,000 a yearNew contract, March 2024: AED 110,000 a yearRenewal, March 2025: AED 110,000 a yearRenewal, March 2025: AED 110,000 a yearNew contract, May 2026: AED 85,000 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 502 sits

All 64 1-beds →

502 last sold in October 2022 at AED 1,293 per sqft, 3% above what one-beds in Vezul Residence were fetching at the time (AED 1,253). 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. 502's AED 85,000 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 →

502, Vezul Residence in numbers

  • Sold once: by the developer on 6 October 2022 for AED 1,165,000, or AED 1,293 per sqft.
  • Rented since November 2019 on 8 Ejari contracts, from AED 66,300 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2022 price is 7.3%, before a service charge of about AED 14,800 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 23 May 2026.

Questions about 502, Vezul Residence

What did unit 502 last sell for?

AED 1,165,000 on 6 October 2022, sold by the developer: AED 1,293 per sqft for 901 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 85,000 a year on the contract signed on 23 May 2026. The previous contract, from March 2025, was AED 110,000; the unit has been rented since November 2019.

How big is unit 502?

901 sqft (83.7 sqm): a one-bedroom apartment of a 17-storey tower completed in 2018.

What is unit 502 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 502, Vezul Residence

Starts from the last sale price (AED 1.17M, 6 October 2022). 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 →