1004, Vezul Residence
Sold prices and rental history: sold once, by the developer in November 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1004, Vezul Residence
What is 1004 worth today?
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Source: Dubai Land Department. Updated 15 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 910 sqft
- Parking
- B2-38
- Completed
- 2018
- Service charge
- AED 14,900 /yr
- Last sold
- AED 1.27M · November 2022
- Building
- Vezul Residence
About 1004, Vezul Residence
1004 is a one-bedroom apartment of 910 sqft of Vezul Residence, a 14-storey tower in Business Bay completed in 2018. The developer sold it on 21 November 2022 for AED 1,273,100, or AED 1,399 per sqft, in line with the AED 1,368 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 15 September 2024, is AED 85,000 a year: a gross yield of 6.7% on the 2022 price, before the service charge of about AED 14,900 a year.
Sales and rents for 1004 over time
1004 has sold once; the dashed line is the one-bed median of each year in the building.
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 1004 sits
All 62 1-beds →1004 last sold in November 2022 at AED 1,399 per sqft, in line with what one-beds in Vezul Residence were fetching at the time (AED 1,368). Over the last 12 months one-beds sold for AED 1,550,000, around AED 1,230 per sqft, and rent for AED 80,000 to 100,000 a year. 1004's AED 85,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 1,260 sqft | 1,550,000 | 1,230 | ||
| 15 May 202515 May 2025 | 840 sqft | 1,500,000 | 1,785 | ||
| 7 Apr 20257 April 2025 | 902 sqft | 1,500,000 | 1,663 | ||
| 19 Feb 202519 February 2025 | 778 sqft | 1,320,000 | 1,696 |
Vezul Residence
Building7 apartments, 1-bed to 3-bed over 14 floors in Business Bay, completed in 2018. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,317
- Typical sale
- AED 1.75M
- Typical rent
- AED 98K /yr
- Typical yield
- 7.7%
1004, Vezul Residence in numbers
- Sold once: by the developer on 21 November 2022 for AED 1,273,100, or AED 1,399 per sqft.
- Rented since August 2020 on 5 Ejari contracts, from AED 69,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2022 price is 6.7%, before a service charge of about AED 14,900 a year (AED 16.38 per sqft).
- One-beds in Vezul Residence sold for AED 1,550,000–1,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,317 per sqft.
Source: Dubai Land Department. Updated 15 September 2024.
Questions about 1004, Vezul Residence
What did unit 1004 last sell for?
AED 1,273,100 on 21 November 2022, sold by the developer: AED 1,399 per sqft for 910 sqft. It is the only registered sale of the unit.
What is the rent for unit 1004?
AED 85,000 a year on the contract signed on 15 September 2024. The previous contract, from July 2023, was AED 80,000; the unit has been rented since August 2020.
How big is unit 1004?
910 sqft (84.5 sqm): a one-bedroom apartment of a 14-storey tower completed in 2018.
What is unit 1004 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 1,550,000 to 1,550,000 in the last 12 months, around AED 1,230 per sqft.
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Mortgage on 1004, Vezul Residence
Starts from the last sale price (AED 1.27M, 21 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,273,100
- Deposit, UAE resident (20%)
- AED 254,620
- Deposit, non-resident (40%)
- AED 509,240
- Monthly over 25 years at 3.7%
- AED 5,209
Plus AED 58,480 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →