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

803, 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 803 · DLD and Ejari recordsUpdated 31 August 2026
Last soldAED 1.25M25 May 2023
Current rentAED 78K /yr31 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Vezul Residence

What is 803 worth today?

Last sold for AED 1,250,000 in 2023

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31 Aug 2026RentedRenewal
AED 78,000/yr12 months · AED 93 per sqft
31 Aug 2025RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft
20 Aug 2024RentedNew contract
AED 89,000/yr12 months · AED 106 per sqft
5 Aug 2023RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft
25 May 2023Sold by developerReady
AED 1,250,000AED 1,488 per sqft
12 Apr 2022RentedRenewal
AED 69,000/yr12 months · AED 82 per sqft
12 Mar 2021RentedNew contract
AED 69,000/yr13 months · AED 82 per sqft
25 Nov 2019RentedNew contract
AED 69,700/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 31 August 2026.

Key facts

Type
1-bed apartment
Size
840 sqft
Parking
B2-71
Completed
2018
Service charge
AED 13,800 /yr
Last sold
AED 1.25M · May 2023

About 803, Vezul Residence

803 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 25 May 2023 for AED 1,250,000, or AED 1,488 per sqft, 12% above the AED 1,333 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 31 August 2026, is AED 78,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 13,800 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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 1,250,000 (AED 1,488 per sqft)

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

Rents
Unit 803, each contractTypical one-bed in Vezul Residence
70K80K90K201920222025Typical 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 69,700 a yearNew contract, March 2021: AED 69,000 a yearRenewal, April 2022: AED 69,000 a yearNew contract, August 2023: AED 85,000 a yearNew contract, August 2024: AED 89,000 a yearNew contract, August 2025: AED 85,000 a yearRenewal, August 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 803 sits

All 64 1-beds →

803 last sold in May 2023 at AED 1,488 per sqft, 12% above 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. 803'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 →

803, Vezul Residence in numbers

  • Sold once: by the developer on 25 May 2023 for AED 1,250,000, or AED 1,488 per sqft.
  • Rented since November 2019 on 7 Ejari contracts, from AED 69,700 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2023 price is 6.2%, 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 31 August 2026.

Questions about 803, Vezul Residence

What did unit 803 last sell for?

AED 1,250,000 on 25 May 2023, sold by the developer: AED 1,488 per sqft for 840 sqft. It is the only registered sale of the unit.

What is the rent for unit 803?

AED 78,000 a year on the contract renewed on 31 August 2026. The previous contract, from August 2025, was AED 85,000; the unit has been rented since November 2019.

How big is unit 803?

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

What is unit 803 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 803, Vezul Residence

Starts from the last sale price (AED 1.25M, 25 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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