1-bed · 910 sqftVezul Residence, Business Bay · completed 2018

704, Vezul Residence

Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 14 May 2026
Last soldAED 1.37M30 January 2025
Current rentAED 78K /yr14 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Vezul Residence

What is 704 worth today?

Last sold for AED 1,370,000 in 2025

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14 May 2026RentedNew contract
AED 78,000/yr12 months · AED 85 per sqft
15 Mar 2026RentedRenewal
AED 85,000/yr12 months · AED 93 per sqft
15 Mar 2025RentedNew contract
AED 115,000/yr12 months · AED 126 per sqft
15 Mar 2025RentedNew contract
AED 115,000/yr12 months · AED 126 per sqft
30 Jan 2025SoldReady
AED 1,370,000AED 1,506 per sqft
23 Aug 2023RentedNew contract
AED 90,000/yr12 months · AED 99 per sqft
22 Feb 2023Sold by developerReady
AED 1,175,000AED 1,291 per sqft
20 Jul 2022RentedRenewal
AED 72,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 14 May 2026.

Key facts

Type
1-bed apartment
Size
910 sqft
Parking
B2-29
Completed
2018
Service charge
AED 14,900 /yr
Last sold
AED 1.37M · January 2025

About 704, Vezul Residence

704 is a one-bedroom apartment of 910 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. It last sold on 30 January 2025 for AED 1,370,000, or AED 1,506 per sqft, 4% below the AED 1,574 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 14 May 2026, is AED 78,000 a year: a gross yield of 5.7% on the 2025 price, before the service charge of about AED 14,900 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, February 2023: AED 1,175,000 (AED 1,291 per sqft)Sold, January 2025: AED 1,370,000 (AED 1,506 per sqft)

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

Rents
Unit 704, 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 66,300 a yearNew contract, June 2021: AED 72,000 a yearRenewal, July 2022: AED 72,000 a yearNew contract, August 2023: AED 90,000 a yearNew contract, March 2025: AED 115,000 a yearNew contract, March 2025: AED 115,000 a yearRenewal, March 2026: AED 85,000 a yearNew contract, May 2026: AED 78,000 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 704 sits

All 64 1-beds →

704 last sold in January 2025 at AED 1,506 per sqft, 4% below what one-beds in Vezul Residence were fetching at the time (AED 1,574). 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. 704's AED 78,000 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 →

704, Vezul Residence in numbers

  • Sold twice: first on 22 February 2023 for AED 1,175,000, last on 30 January 2025 for AED 1,370,000 (AED 1,506 per sqft).
  • Rented since November 2019 on 8 Ejari contracts, from AED 66,300 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2025 price is 5.7%, 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 14 May 2026.

Questions about 704, Vezul Residence

What did unit 704 last sell for?

AED 1,370,000 on 30 January 2025: AED 1,506 per sqft for 910 sqft. The unit has 2 registered sales; the first was AED 1,175,000 in February 2023.

What is the rent for unit 704?

AED 78,000 a year on the contract signed on 14 May 2026. The previous contract, from March 2026, was AED 85,000; the unit has been rented since November 2019.

How big is unit 704?

910 sqft (84.5 sqm): a one-bedroom apartment of a 17-storey tower completed in 2018.

What is unit 704 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 704, Vezul Residence

Starts from the last sale price (AED 1.37M, 30 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,370,000
Deposit, UAE resident (20%)
AED 274,000
Deposit, non-resident (40%)
AED 548,000
Monthly over 25 years at 3.7%
AED 5,605

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