2-bed · 1,485 sqftVezul Residence, Business Bay · completed 2018

105, Vezul Residence

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

Unit 105 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 1.52M29 March 2023
Current rentAED 135K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 105, Vezul Residence

What is 105 worth today?

Last sold for AED 1,516,000 in 2023

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1 Dec 2024RentedNew contract
AED 135,000/yr12 months · AED 91 per sqft
26 Aug 2024RentedNew contract
AED 150,000/yr12 months · AED 101 per sqft
30 Mar 2024RentedRenewal
AED 120,000/yr12 months · AED 81 per sqft
20 Jul 2023RentedRenewal
AED 118,000/yr12 months · AED 79 per sqft
29 Mar 2023Sold by developerReady
AED 1,516,000AED 1,020 per sqft
28 Sep 2021RentedNew contract
AED 100,000/yr13 months · AED 67 per sqft
22 Mar 2020RentedNew contract
AED 93,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
2-bed apartment
Size
1,485 sqft
Parking
B2-121,B2-73
Completed
2018
Service charge
AED 24,300 /yr
Last sold
AED 1.52M · March 2023

About 105, Vezul Residence

105 is a two-bedroom apartment of 1,485 sqft of Vezul Residence, a 14-storey tower in Business Bay completed in 2018. The developer sold it on 29 March 2023 for AED 1,516,000, or AED 1,020 per sqft, 3% below the AED 1,056 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 1 December 2024, is AED 135,000 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 24,300 a year.

Sales and rents for 105 over time

Sales
Unit 105, each saleTypical two-bed in Vezul Residence
1.5M1.75M2M2022202320242025Typical sale price by year: 2022 AED 1,485,000; 2023 AED 1,565,000; 2024 AED 1,950,000Sold by developer, March 2023: AED 1,516,000 (AED 1,020 per sqft)

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

Rents
Unit 105, 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 108,000; 2023 AED 114,725; 2024 AED 135,000; 2025 AED 135,000; 2026 AED 130,000New contract, March 2020: AED 93,000 a yearNew contract, September 2021: AED 100,000 a yearRenewal, July 2023: AED 118,000 a yearRenewal, March 2024: AED 120,000 a yearNew contract, August 2024: AED 150,000 a yearNew contract, December 2024: AED 135,000 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 105 sits

All 63 2-beds →

105 last sold in March 2023 at AED 1,020 per sqft, 3% below what two-beds in Vezul Residence were fetching at the time (AED 1,056). Over the last 12 months two-beds sold for AED 1,950,000, around AED 1,404 per sqft, and rent for AED 89,250 to 145,000 a year. 105's AED 135,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Jul 20251,900,000
6 Dec 20241,950,000
12 Nov 20242,050,000
23 Aug 20242,000,000
1 2-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 →

105, Vezul Residence in numbers

  • Sold once: by the developer on 29 March 2023 for AED 1,516,000, or AED 1,020 per sqft.
  • Rented since March 2020 on 6 Ejari contracts, from AED 93,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2023 price is 8.9%, before a service charge of about AED 24,300 a year (AED 16.38 per sqft).
  • Two-beds in Vezul Residence sold for AED 1,950,000–1,950,000 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 1 December 2024.

Questions about 105, Vezul Residence

What did unit 105 last sell for?

AED 1,516,000 on 29 March 2023, sold by the developer: AED 1,020 per sqft for 1,485 sqft. It is the only registered sale of the unit.

What is the rent for unit 105?

AED 135,000 a year on the contract signed on 1 December 2024. The previous contract, from August 2024, was AED 150,000; the unit has been rented since March 2020.

How big is unit 105?

1,485 sqft (138.0 sqm): a two-bedroom apartment of a 14-storey tower completed in 2018.

What is unit 105 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 1,950,000 in the last 12 months, around AED 1,404 per sqft.

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Mortgage on 105, Vezul Residence

Starts from the last sale price (AED 1.52M, 29 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,516,000
Deposit, UAE resident (20%)
AED 303,200
Deposit, non-resident (40%)
AED 606,400
Monthly over 25 years at 3.7%
AED 6,202

Plus AED 68,682 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →