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

603, 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 603 · DLD and Ejari recordsUpdated 25 June 2026
Last soldAED 1.12M31 May 2023
Current rentAED 80K /yr25 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Vezul Residence

What is 603 worth today?

Last sold for AED 1,120,350 in 2023

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25 Jun 2026RentedNew contract
AED 80,000/yr12 months · AED 95 per sqft
13 Jul 2023RentedNew contract
AED 75,000/yr12 months · AED 89 per sqft
31 May 2023Sold by developerReady
AED 1,120,350AED 1,333 per sqft
14 Jul 2022RentedRenewal
AED 68,250/yr12 months · AED 81 per sqft
14 Jun 2021RentedNew contract
AED 65,000/yr13 months · AED 77 per sqft
1 Sep 2019RentedNew contract
AED 78,000/yr13 months · AED 93 per sqft

Source: Dubai Land Department. Updated 25 June 2026.

Key facts

Type
1-bed apartment
Size
840 sqft
Parking
B1-18
Completed
2018
Service charge
AED 13,800 /yr
Last sold
AED 1.12M · May 2023

About 603, Vezul Residence

603 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 5 Ejari contracts. The current contract, signed on 25 June 2026, is AED 80,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 13,800 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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)

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

Rents
Unit 603, each contractTypical one-bed in Vezul Residence
80K20192021202320252027Typical 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, September 2019: AED 78,000 a yearNew contract, June 2021: AED 65,000 a yearRenewal, July 2022: AED 68,250 a yearNew contract, July 2023: AED 75,000 a yearNew contract, June 2026: AED 80,000 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 603 sits

All 64 1-beds →

603 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. 603's AED 80,000 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 →

603, 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 September 2019 on 5 Ejari contracts. The rent fell from AED 78,000 to AED 65,000 in 2021 and recovered to AED 80,000 by June 2026.
  • At AED 80,000 a year the gross yield on the 2023 price is 7.1%, 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 25 June 2026.

Questions about 603, Vezul Residence

What did unit 603 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 603?

AED 80,000 a year on the contract signed on 25 June 2026. The previous contract, from July 2023, was AED 75,000; the unit has been rented since September 2019.

How big is unit 603?

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

What is unit 603 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 603, 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 →