507, Vezul Residence
Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Vezul Residence
What is 507 worth today?
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Source: Dubai Land Department. Updated 2 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 778 sqft
- Parking
- B1-98
- Completed
- 2018
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.23M · November 2023
- Building
- Vezul Residence
About 507, Vezul Residence
507 is a one-bedroom apartment of 778 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. It last sold on 16 November 2023 for AED 1,230,000, or AED 1,581 per sqft, 19% above 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, signed on 2 March 2025, is AED 90,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 12,700 a year.
Sales and rents for 507 over time
507 has sold twice; 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 507 sits
All 64 1-beds →507 last sold in November 2023 at AED 1,581 per sqft, 19% above 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. 507's AED 90,000 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%
507, Vezul Residence in numbers
- Sold twice: first on 13 October 2022 for AED 979,000, last on 16 November 2023 for AED 1,230,000 (AED 1,581 per sqft).
- Rented since November 2019 on 7 Ejari contracts. The rent fell from AED 78,000 to AED 66,500 in 2021 and recovered to AED 90,000 by March 2025.
- At AED 90,000 a year the gross yield on the 2023 price is 7.3%, 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 2 March 2025.
Questions about 507, Vezul Residence
What did unit 507 last sell for?
AED 1,230,000 on 16 November 2023: AED 1,581 per sqft for 778 sqft. The unit has 2 registered sales; the first was AED 979,000 in October 2022.
What is the rent for unit 507?
AED 90,000 a year on the contract signed on 2 March 2025. The previous contract, from August 2024, was AED 98,167; the unit has been rented since November 2019.
How big is unit 507?
778 sqft (72.3 sqm): a one-bedroom apartment of a 17-storey tower completed in 2018.
What is unit 507 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 507, Vezul Residence
Starts from the last sale price (AED 1.23M, 16 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,230,000
- Deposit, UAE resident (20%)
- AED 246,000
- Deposit, non-resident (40%)
- AED 492,000
- Monthly over 25 years at 3.7%
- AED 5,032
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →