1-bed · 778 sqftVezul Residence, Business Bay · completed 2018

707, Vezul Residence

Sold prices and rental history: sold once, by the developer in October 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 1.07M13 October 2022
Current rentAED 80K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Vezul Residence

What is 707 worth today?

Last sold for AED 1,065,000 in 2022

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15 Aug 2025RentedNew contract
AED 80,000/yr12 months · AED 103 per sqft
10 Nov 2024RentedRenewal
AED 80,483/yr12 months · AED 103 per sqft
10 Nov 2023RentedRenewal
AED 76,650/yr12 months · AED 99 per sqft
10 Nov 2022RentedRenewal
AED 73,000/yr12 months · AED 94 per sqft
13 Oct 2022Sold by developerReady
AED 1,065,000AED 1,368 per sqft
10 Nov 2021RentedNew contract
AED 73,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 15 August 2025.

Key facts

Type
1-bed apartment
Size
778 sqft
Parking
B2-26
Completed
2018
Service charge
AED 12,700 /yr
Last sold
AED 1.07M · October 2022

About 707, Vezul Residence

707 is a one-bedroom apartment of 778 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. The developer sold it on 13 October 2022 for AED 1,065,000, or AED 1,368 per sqft, 7% above the AED 1,281 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 15 August 2025, is AED 80,000 a year: a gross yield of 7.5% on the 2022 price, before the service charge of about AED 12,700 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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, October 2022: AED 1,065,000 (AED 1,368 per sqft)

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

Rents
Unit 707, each contractTypical one-bed in Vezul Residence
70K80K90K20192021202320252027Typical 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 2021: AED 73,000 a yearRenewal, November 2022: AED 73,000 a yearRenewal, November 2023: AED 76,650 a yearRenewal, November 2024: AED 80,483 a yearNew contract, August 2025: 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 707 sits

All 64 1-beds →

707 last sold in October 2022 at AED 1,368 per sqft, 7% above what one-beds in Vezul Residence were fetching at the time (AED 1,281). 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. 707'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 →

707, Vezul Residence in numbers

  • Sold once: by the developer on 13 October 2022 for AED 1,065,000, or AED 1,368 per sqft.
  • Rented since November 2021 on 5 Ejari contracts, from AED 73,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 7.5%, 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 15 August 2025.

Questions about 707, Vezul Residence

What did unit 707 last sell for?

AED 1,065,000 on 13 October 2022, sold by the developer: AED 1,368 per sqft for 778 sqft. It is the only registered sale of the unit.

What is the rent for unit 707?

AED 80,000 a year on the contract signed on 15 August 2025. The previous contract, from November 2024, was AED 80,483; the unit has been rented since November 2021.

How big is unit 707?

778 sqft (72.3 sqm): a one-bedroom apartment of a 17-storey tower completed in 2018.

What is unit 707 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 707, Vezul Residence

Starts from the last sale price (AED 1.07M, 13 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,065,000
Deposit, UAE resident (20%)
AED 213,000
Deposit, non-resident (40%)
AED 426,000
Monthly over 25 years at 3.7%
AED 4,357

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