1-bed · 840 sqftVezul Residence, Business Bay · completed 2018

503, Vezul Residence

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

Unit 503 · DLD and Ejari recordsUpdated 18 November 2025
Last soldAED 1.12M31 May 2023
Current rentAED 85K /yr18 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Vezul Residence

What is 503 worth today?

Last sold for AED 1,120,350 in 2023

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18 Nov 2025RentedRenewal
AED 85,000/yr12 months · AED 101 per sqft
18 Nov 2024RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft
18 Nov 2023RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft
31 May 2023Sold by developerReady
AED 1,120,350AED 1,333 per sqft
1 Dec 2022RentedRenewal
AED 71,500/yr12 months · AED 85 per sqft
1 Nov 2021RentedNew contract
AED 71,500/yr13 months · AED 85 per sqft
1 Feb 2021RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
25 Oct 2019RentedNew contract
AED 66,300/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 18 November 2025.

Key facts

Type
1-bed apartment
Size
840 sqft
Parking
B1-102
Completed
2018
Service charge
AED 13,800 /yr
Last sold
AED 1.12M · May 2023

About 503, Vezul Residence

503 is a one-bedroom apartment of 840 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. The developer sold it on 31 May 2023 for AED 1,120,350, or AED 1,333 per sqft, in line with the AED 1,333 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 18 November 2025, is AED 85,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 13,800 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, May 2023: AED 1,120,350 (AED 1,333 per sqft)

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

Rents
Unit 503, each contractTypical one-bed in Vezul Residence
60K80K20192021202320252027Typical 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, October 2019: AED 66,300 a yearNew contract, February 2021: AED 60,000 a yearNew contract, November 2021: AED 71,500 a yearRenewal, December 2022: AED 71,500 a yearNew contract, November 2023: AED 85,000 a yearNew contract, November 2024: AED 85,000 a yearRenewal, November 2025: 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 503 sits

All 64 1-beds →

503 last sold in May 2023 at AED 1,333 per sqft, in line with 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. 503'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 →

503, Vezul Residence in numbers

  • Sold once: by the developer on 31 May 2023 for AED 1,120,350, or AED 1,333 per sqft.
  • Rented since October 2019 on 7 Ejari contracts, from AED 66,300 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 13,800 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 18 November 2025.

Questions about 503, Vezul Residence

What did unit 503 last sell for?

AED 1,120,350 on 31 May 2023, sold by the developer: AED 1,333 per sqft for 840 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 85,000 a year on the contract renewed on 18 November 2025. The previous contract, from November 2024, was AED 85,000; the unit has been rented since October 2019.

How big is unit 503?

840 sqft (78.0 sqm): a one-bedroom apartment of a 17-storey tower completed in 2018.

What is unit 503 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 503, Vezul Residence

Starts from the last sale price (AED 1.12M, 31 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,120,350
Deposit, UAE resident (20%)
AED 224,070
Deposit, non-resident (40%)
AED 448,140
Monthly over 25 years at 3.7%
AED 4,584

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