2-bed · 1,433 sqftVezul Residence, Business Bay · completed 2018

909, Vezul Residence

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

Unit 909 · DLD and Ejari recordsUpdated 9 September 2022
Last soldAED 1.44M9 September 2022
Current rentAED 83K /yr1 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 909, Vezul Residence

What is 909 worth today?

Last sold for AED 1,440,450 in 2022

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9 Sep 2022Sold by developerReady
AED 1,440,450AED 1,005 per sqft
1 Feb 2021RentedNew contract
AED 83,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 9 September 2022.

Key facts

Type
2-bed apartment
Size
1,433 sqft
Parking
B2-68
Completed
2018
Service charge
AED 23,500 /yr
Last sold
AED 1.44M · September 2022

About 909, Vezul Residence

909 is a two-bedroom apartment of 1,433 sqft of Vezul Residence, a 17-storey tower in Business Bay completed in 2018. The developer sold it on 9 September 2022 for AED 1,440,450, or AED 1,005 per sqft, in line with the AED 1,034 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 February 2021. The current contract, signed on 1 February 2021, is AED 83,000 a year: a gross yield of 5.8% on the 2022 price, before the service charge of about AED 23,500 a year.

Sales and rents for 909 over time

Sales
Unit 909, 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, September 2022: AED 1,440,450 (AED 1,005 per sqft)

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

Rents
Unit 909, each contractTypical two-bed in Vezul Residence
75K100K125K20192021202320252027Typical 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, February 2021: AED 83,000 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 909 sits

All 67 2-beds →

909 last sold in September 2022 at AED 1,005 per sqft, in line with what two-beds in Vezul Residence were fetching at the time (AED 1,034). 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. 909's AED 83,000 is at the bottom 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 →

909, Vezul Residence in numbers

  • Sold once: by the developer on 9 September 2022 for AED 1,440,450, or AED 1,005 per sqft.
  • Rented since February 2021 on one Ejari contract, at AED 83,000 a year.
  • At AED 83,000 a year the gross yield on the 2022 price is 5.8%, before a service charge of about AED 23,500 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 9 September 2022.

Questions about 909, Vezul Residence

What did unit 909 last sell for?

AED 1,440,450 on 9 September 2022, sold by the developer: AED 1,005 per sqft for 1,433 sqft. It is the only registered sale of the unit.

What is the rent for unit 909?

AED 83,000 a year on the contract signed on 1 February 2021.

How big is unit 909?

1,433 sqft (133.1 sqm): a two-bedroom apartment of a 17-storey tower completed in 2018.

What is unit 909 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 909, Vezul Residence

Starts from the last sale price (AED 1.44M, 9 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,440,450
Deposit, UAE resident (20%)
AED 288,090
Deposit, non-resident (40%)
AED 576,180
Monthly over 25 years at 3.7%
AED 5,893

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