1-bed · 1,021 sqftVezul Residence, Business Bay · completed 2018

103, Vezul Residence

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 17 December 2025
Last soldAED 1.15M4 November 2024
Current rentAED 80K /yr17 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Vezul Residence

What is 103 worth today?

Last sold for AED 1,150,000 in 2024

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17 Dec 2025RentedRenewal
AED 80,000/yr12 months · AED 78 per sqft
17 Dec 2024RentedRenewal
AED 80,000/yr12 months · AED 78 per sqft
4 Nov 2024SoldReady
AED 1,150,000AED 1,126 per sqft
22 Aug 2023RentedRenewal
AED 84,000/yr12 months · AED 82 per sqft
15 Mar 2023Sold by developerReady
AED 1,145,562AED 1,122 per sqft
22 Aug 2022RentedNew contract
AED 84,000/yr12 months · AED 82 per sqft
22 Mar 2020RentedNew contract
AED 73,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 17 December 2025.

Key facts

Type
1-bed apartment
Size
1,021 sqft
Parking
B2-123
Completed
2018
Service charge
AED 16,700 /yr
Last sold
AED 1.15M · November 2024

About 103, Vezul Residence

103 is a one-bedroom apartment of 1,021 sqft of Vezul Residence, a 14-storey tower in Business Bay completed in 2018. It last sold on 4 November 2024 for AED 1,150,000, or AED 1,126 per sqft, 29% below the AED 1,578 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 17 December 2025, is AED 80,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 16,700 a year.

Sales and rents for 103 over time

Sales
Unit 103, 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, March 2023: AED 1,145,562 (AED 1,122 per sqft)Sold, November 2024: AED 1,150,000 (AED 1,126 per sqft)

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

Rents
Unit 103, each contractTypical one-bed in Vezul Residence
70K80K90K20192021202320252027Typical 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, March 2020: AED 73,000 a yearNew contract, August 2022: AED 84,000 a yearRenewal, August 2023: AED 84,000 a yearRenewal, December 2024: AED 80,000 a yearRenewal, December 2025: AED 80,000 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 103 sits

All 62 1-beds →

103 last sold in November 2024 at AED 1,126 per sqft, 29% below what one-beds in Vezul Residence were fetching at the time (AED 1,578). 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. 103's AED 80,000 is at the bottom 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 →

103, Vezul Residence in numbers

  • Sold twice: first on 15 March 2023 for AED 1,145,562, last on 4 November 2024 for AED 1,150,000 (AED 1,126 per sqft).
  • Rented since March 2020 on 5 Ejari contracts, from AED 73,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 16,700 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 17 December 2025.

Questions about 103, Vezul Residence

What did unit 103 last sell for?

AED 1,150,000 on 4 November 2024: AED 1,126 per sqft for 1,021 sqft. The unit has 2 registered sales; the first was AED 1,145,562 in March 2023.

What is the rent for unit 103?

AED 80,000 a year on the contract renewed on 17 December 2025. The previous contract, from December 2024, was AED 80,000; the unit has been rented since March 2020.

How big is unit 103?

1,021 sqft (94.9 sqm): a one-bedroom apartment of a 14-storey tower completed in 2018.

What is unit 103 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 103, Vezul Residence

Starts from the last sale price (AED 1.15M, 4 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

Plus AED 53,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →