1-bed · 1,078 sqftVezul Residence, Business Bay · completed 2018

102, Vezul Residence

Sold prices and rental history: sold once, by the developer in May 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 2 April 2025
Last soldAED 1.12M30 May 2023
Current rentAED 113K /yr2 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, Vezul Residence

What is 102 worth today?

Last sold for AED 1,120,350 in 2023

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2 Apr 2025RentedRenewal
AED 113,000/yr12 months · AED 105 per sqft
1 Apr 2024RentedNew contract
AED 112,687/yr12 months · AED 105 per sqft
30 May 2023Sold by developerReady
AED 1,120,350AED 1,038 per sqft
1 Jan 2020RentedNew contract
AED 73,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 2 April 2025.

Key facts

Type
1-bed apartment
Size
1,078 sqft
Parking
B1-15
Completed
2018
Service charge
AED 17,700 /yr
Last sold
AED 1.12M · May 2023

About 102, Vezul Residence

102 is a one-bedroom apartment of 1,078 sqft of Vezul Residence, a 14-storey tower in Business Bay completed in 2018. The developer sold it on 30 May 2023 for AED 1,120,350, or AED 1,038 per sqft, 22% below the AED 1,333 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 2 April 2025, is AED 113,000 a year: a gross yield of 10.1% on the 2023 price, before the service charge of about AED 17,700 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical one-bed in Vezul Residence
1M1.25M1.5M202120232025Typical sale price by year: 2021 AED 950,000; 2022 AED 1,127,525; 2023 AED 1,155,000; 2024 AED 1,412,500; 2025 AED 1,435,000Sold by developer, May 2023: AED 1,120,350 (AED 1,038 per sqft)

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

Rents
Unit 102, each contractTypical one-bed in Vezul Residence
80K100K120K20192021202320252027Typical rent by year: 2019 AED 69,700; 2020 AED 73,000; 2021 AED 69,000; 2022 AED 75,300; 2023 AED 85,000; 2024 AED 89,000; 2025 AED 90,000; 2026 AED 91,000New contract, January 2020: AED 73,000 a yearNew contract, April 2024: AED 112,687 a yearRenewal, April 2025: AED 113,000 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 102 sits

All 62 1-beds →

102 last sold in May 2023 at AED 1,038 per sqft, 22% below what one-beds in Vezul Residence were fetching at the time (AED 1,333). Over the last 12 months one-beds sold for AED 1,550,000, around AED 1,230 per sqft, and rent for AED 80,000 to 100,000 a year. 102's AED 113,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 20261,550,000
15 May 20251,500,000
7 Apr 20251,500,000
19 Feb 20251,320,000
1 1-bed sale in the last 12 months

Vezul Residence

Building

7 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%
Vezul Residence, Business Bay: prices, sales and rents →

102, Vezul Residence in numbers

  • Sold once: by the developer on 30 May 2023 for AED 1,120,350, or AED 1,038 per sqft.
  • Rented since January 2020 on 3 Ejari contracts, from AED 73,000 to AED 113,000 a year.
  • At AED 113,000 a year the gross yield on the 2023 price is 10.1%, before a service charge of about AED 17,700 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 2 April 2025.

Questions about 102, Vezul Residence

What did unit 102 last sell for?

AED 1,120,350 on 30 May 2023, sold by the developer: AED 1,038 per sqft for 1,078 sqft. It is the only registered sale of the unit.

What is the rent for unit 102?

AED 113,000 a year on the contract renewed on 2 April 2025. The previous contract, from April 2024, was AED 112,687; the unit has been rented since January 2020.

How big is unit 102?

1,078 sqft (100.1 sqm): a one-bedroom apartment of a 14-storey tower completed in 2018.

What is unit 102 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 102, Vezul Residence

Starts from the last sale price (AED 1.12M, 30 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,120,350
Deposit, UAE resident (20%)
AED 224,070
Deposit, non-resident (40%)
AED 448,140
Monthly over 25 years at 3.7%
AED 4,584

Plus AED 52,065 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →