1-bed · 909 sqftVezul Residence, Business Bay · completed 2018

504, Vezul Residence

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

Unit 504 · DLD and Ejari recordsUpdated 31 October 2025
Last soldAED 1.18M18 January 2023
Current rentAED 105K /yr31 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Vezul Residence

What is 504 worth today?

Last sold for AED 1,175,000 in 2023

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31 Oct 2025RentedNew contract
AED 105,000/yr12 months · AED 116 per sqft
25 Aug 2023RentedNew contract
AED 90,000/yr12 months · AED 100 per sqft
18 Jan 2023Sold by developerReady
AED 1,175,000AED 1,292 per sqft
25 Mar 2022RentedNew contract
AED 84,000/yr12 months · AED 92 per sqft
27 Jan 2021RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft
15 Nov 2019RentedNew contract
AED 73,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 31 October 2025.

Key facts

Type
1-bed apartment
Size
909 sqft
Parking
B1-101
Completed
2018
Service charge
AED 14,900 /yr
Last sold
AED 1.18M · January 2023

About 504, Vezul Residence

504 is a one-bedroom apartment of 909 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. The developer sold it on 18 January 2023 for AED 1,175,000, or AED 1,292 per sqft, 3% below the AED 1,333 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 31 October 2025, is AED 105,000 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 14,900 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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, January 2023: AED 1,175,000 (AED 1,292 per sqft)

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

Rents
Unit 504, each contractTypical one-bed in Vezul Residence
75K100K20192021202320252027Typical 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 73,000 a yearNew contract, January 2021: AED 60,000 a yearNew contract, March 2022: AED 84,000 a yearNew contract, August 2023: AED 90,000 a yearNew contract, October 2025: AED 105,000 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 504 sits

All 64 1-beds →

504 last sold in January 2023 at AED 1,292 per sqft, 3% 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. 504's AED 105,000 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 →

504, Vezul Residence in numbers

  • Sold once: by the developer on 18 January 2023 for AED 1,175,000, or AED 1,292 per sqft.
  • Rented since November 2019 on 5 Ejari contracts. The rent fell from AED 73,000 to AED 60,000 in 2021 and recovered to AED 105,000 by October 2025.
  • At AED 105,000 a year the gross yield on the 2023 price is 8.9%, 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 31 October 2025.

Questions about 504, Vezul Residence

What did unit 504 last sell for?

AED 1,175,000 on 18 January 2023, sold by the developer: AED 1,292 per sqft for 909 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 105,000 a year on the contract signed on 31 October 2025. The previous contract, from August 2023, was AED 90,000; the unit has been rented since November 2019.

How big is unit 504?

909 sqft (84.4 sqm): a one-bedroom apartment of a 17-storey tower completed in 2018.

What is unit 504 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 504, Vezul Residence

Starts from the last sale price (AED 1.18M, 18 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

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