2-bed · 1,399 sqftVezul Residence, Business Bay · completed 2018

601, Vezul Residence

Sold prices and rental history: sold once, by the developer in August 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 15 March 2026
Last soldAED 1.41M25 August 2022
Current rentAED 135K /yr15 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Vezul Residence

What is 601 worth today?

Last sold for AED 1,405,000 in 2022

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15 Mar 2026RentedRenewal
AED 135,000/yr12 months · AED 96 per sqft
15 Mar 2025RentedNew contract
AED 130,000/yr12 months · AED 93 per sqft
15 Mar 2025RentedNew contract
AED 130,000/yr12 months · AED 93 per sqft
8 Feb 2024RentedNew contract
AED 135,000/yr12 months · AED 96 per sqft
5 Nov 2022RentedNew contract
AED 103,000/yr12 months · AED 74 per sqft
25 Aug 2022Sold by developerReady
AED 1,405,000AED 1,004 per sqft
5 Oct 2021RentedRenewal
AED 93,500/yr13 months · AED 67 per sqft
5 Sep 2020RentedRenewal
AED 85,000/yr13 months · AED 61 per sqft

Source: Dubai Land Department. Updated 15 March 2026.

Key facts

Type
2-bed apartment
Size
1,399 sqft
Parking
B2-24
Completed
2018
Service charge
AED 22,900 /yr
Last sold
AED 1.41M · August 2022

About 601, Vezul Residence

601 is a two-bedroom apartment of 1,399 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. The developer sold it on 25 August 2022 for AED 1,405,000, or AED 1,004 per sqft, 4% below the AED 1,051 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 15 March 2026, is AED 135,000 a year: a gross yield of 9.6% on the 2022 price, before the service charge of about AED 22,900 a year.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical two-bed in Vezul Residence
1.5M1.75M2M20222023202420252026Typical sale price by year: 2022 AED 1,485,000; 2023 AED 1,593,945; 2024 AED 1,950,000; 2025 AED 1,950,000Sold by developer, August 2022: AED 1,405,000 (AED 1,004 per sqft)

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

Rents
Unit 601, each contractTypical two-bed in Vezul Residence
100K125K20192021202320252027Typical rent by year: 2019 AED 92,000; 2020 AED 89,000; 2021 AED 89,636; 2022 AED 104,000; 2023 AED 115,000; 2024 AED 135,000; 2025 AED 135,000; 2026 AED 127,500New contract, September 2019: AED 90,000 a yearRenewal, September 2020: AED 85,000 a yearRenewal, October 2021: AED 93,500 a yearNew contract, November 2022: AED 103,000 a yearNew contract, February 2024: AED 135,000 a yearNew contract, March 2025: AED 130,000 a yearNew contract, March 2025: AED 130,000 a yearRenewal, March 2026: AED 135,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Vezul Residence, and where 601 sits

All 67 2-beds →

601 last sold in August 2022 at AED 1,004 per sqft, 4% below what two-beds in Vezul Residence were fetching at the time (AED 1,051). Over the last 12 months two-beds sold for AED 1,950,000 to 2,100,000, around AED 1,419 per sqft, and rent for AED 89,250 to 210,000 a year. 601's AED 135,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 May 20262,100,000
13 Nov 20251,950,000
6 Oct 20251,950,000
10 Jul 20251,900,000
2 2-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 →

601, Vezul Residence in numbers

  • Sold once: by the developer on 25 August 2022 for AED 1,405,000, or AED 1,004 per sqft.
  • Rented since September 2019 on 8 Ejari contracts, from AED 90,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2022 price is 9.6%, before a service charge of about AED 22,900 a year (AED 16.38 per sqft).
  • Two-beds in Vezul Residence sold for AED 1,950,000–2,100,000 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 15 March 2026.

Questions about 601, Vezul Residence

What did unit 601 last sell for?

AED 1,405,000 on 25 August 2022, sold by the developer: AED 1,004 per sqft for 1,399 sqft. It is the only registered sale of the unit.

What is the rent for unit 601?

AED 135,000 a year on the contract renewed on 15 March 2026. The previous contract, from March 2025, was AED 130,000; the unit has been rented since September 2019.

How big is unit 601?

1,399 sqft (130.0 sqm): a two-bedroom apartment of a 17-storey tower completed in 2018.

What is unit 601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Vezul Residence sold for AED 1,950,000 to 2,100,000 in the last 12 months, around AED 1,419 per sqft.

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Mortgage on 601, Vezul Residence

Starts from the last sale price (AED 1.41M, 25 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,405,000
Deposit, UAE resident (20%)
AED 281,000
Deposit, non-resident (40%)
AED 562,000
Monthly over 25 years at 3.7%
AED 5,748

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