1-bed · 901 sqftVezul Residence, Business Bay · completed 2018

802, Vezul Residence

Sold prices and rental history: sold once, by the developer in May 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 15 May 2025
Last soldAED 1.2M5 May 2023
Current rentAED 87K /yr15 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Vezul Residence

What is 802 worth today?

Last sold for AED 1,198,921 in 2023

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15 May 2025RentedNew contract
AED 87,000/yr12 months · AED 96 per sqft
15 Mar 2024RentedNew contract
AED 110,000/yr12 months · AED 122 per sqft
5 May 2023Sold by developerReady
AED 1,198,921AED 1,331 per sqft
18 Mar 2023RentedRenewal
AED 90,000/yr12 months · AED 100 per sqft
18 Mar 2022RentedNew contract
AED 90,000/yr12 months · AED 100 per sqft
23 Feb 2021RentedNew contract
AED 69,000/yr13 months · AED 77 per sqft

Source: Dubai Land Department. Updated 15 May 2025.

Key facts

Type
1-bed apartment
Size
901 sqft
Parking
B2-70
Completed
2018
Service charge
AED 14,800 /yr
Last sold
AED 1.2M · May 2023

About 802, Vezul Residence

802 is a one-bedroom apartment of 901 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. The developer sold it on 5 May 2023 for AED 1,198,921, or AED 1,331 per sqft, in line with the AED 1,332 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 May 2025, is AED 87,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 14,800 a year.

Sales and rents for 802 over time

Sales
Unit 802, 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 1,198,921 (AED 1,331 per sqft)

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

Rents
Unit 802, each contractTypical one-bed in Vezul Residence
80K100K20192021202320252027Typical 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, February 2021: AED 69,000 a yearNew contract, March 2022: AED 90,000 a yearRenewal, March 2023: AED 90,000 a yearNew contract, March 2024: AED 110,000 a yearNew contract, May 2025: AED 87,000 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 802 sits

All 64 1-beds →

802 last sold in May 2023 at AED 1,331 per sqft, in line with what one-beds in Vezul Residence were fetching at the time (AED 1,332). 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. 802's AED 87,000 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 →

802, Vezul Residence in numbers

  • Sold once: by the developer on 5 May 2023 for AED 1,198,921, or AED 1,331 per sqft.
  • Rented since February 2021 on 5 Ejari contracts, from AED 69,000 to AED 87,000 a year.
  • At AED 87,000 a year the gross yield on the 2023 price is 7.3%, before a service charge of about AED 14,800 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 15 May 2025.

Questions about 802, Vezul Residence

What did unit 802 last sell for?

AED 1,198,921 on 5 May 2023, sold by the developer: AED 1,331 per sqft for 901 sqft. It is the only registered sale of the unit.

What is the rent for unit 802?

AED 87,000 a year on the contract signed on 15 May 2025. The previous contract, from March 2024, was AED 110,000; the unit has been rented since February 2021.

How big is unit 802?

901 sqft (83.7 sqm): a one-bedroom apartment of a 17-storey tower completed in 2018.

What is unit 802 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 802, Vezul Residence

Starts from the last sale price (AED 1.2M, 5 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,198,921
Deposit, UAE resident (20%)
AED 239,784
Deposit, non-resident (40%)
AED 479,568
Monthly over 25 years at 3.7%
AED 4,905

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