2-bed · 1,388 sqftVezul Residence, Business Bay · 7th floor · completed 2018

706, Vezul Residence

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

Unit 706 · DLD and Ejari recordsUpdated 10 July 2025
Last soldAED 1.9M10 July 2025
Current rentAED 104K /yr19 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Vezul Residence

What is 706 worth today?

Last sold for AED 1,900,000 in 2025

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10 Jul 2025SoldReady
AED 1,900,000AED 1,368 per sqft
19 Dec 2023RentedRenewal
AED 104,000/yr12 months · AED 75 per sqft
19 Dec 2022RentedRenewal
AED 104,000/yr12 months · AED 75 per sqft
21 Nov 2022Sold by developerReady
AED 1,470,000AED 1,058 per sqft
19 Nov 2021RentedNew contract
AED 104,000/yr13 months · AED 75 per sqft
15 Sep 2020RentedRenewal
AED 89,000/yr13 months · AED 64 per sqft
15 Sep 2019RentedNew contract
AED 90,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 10 July 2025.

Key facts

Type
2-bed apartment
Size
1,388 sqft
Floor
7th of 17
Parking
B2-27,B2-125
Completed
2018
Service charge
AED 22,700 /yr
Last sold
AED 1.9M · July 2025

About 706, Vezul Residence

706 is a two-bedroom apartment of 1,388 sqft on the 7th floor of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. It last sold on 10 July 2025 for AED 1,900,000, or AED 1,368 per sqft, in line with the AED 1,401 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 19 December 2023, is AED 104,000 a year: a gross yield of 5.5% on the 2025 price, before the service charge of about AED 22,700 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical two-bed in Vezul Residence
1.5M1.75M2M202220242026Typical 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, November 2022: AED 1,470,000 (AED 1,058 per sqft)Sold, July 2025: AED 1,900,000 (AED 1,368 per sqft)

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

Rents
Unit 706, 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 89,000 a yearNew contract, November 2021: AED 104,000 a yearRenewal, December 2022: AED 104,000 a yearRenewal, December 2023: AED 104,000 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 706 sits

All 67 2-beds →

706 last sold in July 2025 at AED 1,368 per sqft, in line with what two-beds in Vezul Residence were fetching at the time (AED 1,401). 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. 706's AED 104,000 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
6 Dec 20241,950,000
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 →

Other units on the 7th floor

All 14 units in Vezul Residence
Value
7083-bedAED 2.4M · Jun 2026

706, Vezul Residence in numbers

  • Sold twice: first on 21 November 2022 for AED 1,470,000, last on 10 July 2025 for AED 1,900,000 (AED 1,368 per sqft).
  • Rented since September 2019 on 5 Ejari contracts, from AED 90,000 to AED 104,000 a year.
  • At AED 104,000 a year the gross yield on the 2025 price is 5.5%, before a service charge of about AED 22,700 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 10 July 2025.

Questions about 706, Vezul Residence

What did unit 706 last sell for?

AED 1,900,000 on 10 July 2025: AED 1,368 per sqft for 1,388 sqft. The unit has 2 registered sales; the first was AED 1,470,000 in November 2022.

What is the rent for unit 706?

AED 104,000 a year on the contract renewed on 19 December 2023. The previous contract, from December 2022, was AED 104,000; the unit has been rented since September 2019.

How big is unit 706?

1,388 sqft (128.9 sqm): a two-bedroom apartment on the 7th floor of a 17-storey tower completed in 2018.

What is unit 706 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 706, Vezul Residence

Starts from the last sale price (AED 1.9M, 10 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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