2-bed · 1,360 sqftVezul Residence, Business Bay · completed 2018

906, Vezul Residence

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 906 · DLD and Ejari recordsUpdated 7 March 2025
Last soldAED 1.87M10 June 2024
Current rentAED 150K /yr7 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 906, Vezul Residence

What is 906 worth today?

Last sold for AED 1,870,000 in 2024

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7 Mar 2025RentedNew contract
AED 150,000/yr12 months · AED 111 per sqft
7 Mar 2025RentedNew contract
AED 150,000/yr12 months · AED 111 per sqft
10 Jun 2024SoldReady
AED 1,870,000AED 1,374 per sqft
21 Nov 2022Sold by developerReady
AED 1,503,000AED 1,104 per sqft
31 Aug 2022RentedNew contract
AED 116,000/yr12 months · AED 85 per sqft
20 Aug 2022RentedNew contract
AED 116,000/yr12 months · AED 85 per sqft
10 Apr 2021RentedNew contract
AED 89,000/yr13 months · AED 65 per sqft

Source: Dubai Land Department. Updated 7 March 2025.

Key facts

Type
2-bed apartment
Size
1,360 sqft
Parking
B2-66
Completed
2018
Service charge
AED 22,300 /yr
Last sold
AED 1.87M · June 2024

About 906, Vezul Residence

906 is a two-bedroom apartment of 1,360 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. It last sold on 10 June 2024 for AED 1,870,000, or AED 1,374 per sqft, 11% above the AED 1,243 two-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 7 March 2025, is AED 150,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 22,300 a year.

Sales and rents for 906 over time

Sales
Unit 906, each saleTypical two-bed in Vezul Residence
1.5M1.75M2M20222023202420252026Typical 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 1,503,000 (AED 1,104 per sqft)Sold, June 2024: AED 1,870,000 (AED 1,374 per sqft)

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

Rents
Unit 906, each contractTypical two-bed in Vezul Residence
100K150K20192021202320252027Typical 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, April 2021: AED 89,000 a yearNew contract, August 2022: AED 116,000 a yearNew contract, August 2022: AED 116,000 a yearNew contract, March 2025: AED 150,000 a yearNew contract, March 2025: AED 150,000 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 906 sits

All 67 2-beds →

906 last sold in June 2024 at AED 1,374 per sqft, 11% above what two-beds in Vezul Residence were fetching at the time (AED 1,243). 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. 906's AED 150,000 is in the upper 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
10 Jul 20251,900,000
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 →

906, Vezul Residence in numbers

  • Sold twice: first on 21 November 2022 for AED 1,503,000, last on 10 June 2024 for AED 1,870,000 (AED 1,374 per sqft).
  • Rented since April 2021 on 5 Ejari contracts, from AED 89,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2024 price is 8.0%, before a service charge of about AED 22,300 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 7 March 2025.

Questions about 906, Vezul Residence

What did unit 906 last sell for?

AED 1,870,000 on 10 June 2024: AED 1,374 per sqft for 1,360 sqft. The unit has 2 registered sales; the first was AED 1,503,000 in November 2022.

What is the rent for unit 906?

AED 150,000 a year on the contract signed on 7 March 2025. The previous contract, from March 2025, was AED 150,000; the unit has been rented since April 2021.

How big is unit 906?

1,360 sqft (126.3 sqm): a two-bedroom apartment of a 17-storey tower completed in 2018.

What is unit 906 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 906, Vezul Residence

Starts from the last sale price (AED 1.87M, 10 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,870,000
Deposit, UAE resident (20%)
AED 374,000
Deposit, non-resident (40%)
AED 748,000
Monthly over 25 years at 3.7%
AED 7,651

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