2-bed · 1,397 sqftVezul Residence, Business Bay · completed 2018

106, Vezul Residence

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

Unit 106 · DLD and Ejari recordsUpdated 29 November 2025
Last soldAED 1.38M27 October 2022
Current rentAED 125K /yr29 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Vezul Residence

What is 106 worth today?

Last sold for AED 1,375,000 in 2022

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29 Nov 2025RentedRenewal
AED 125,000/yr12 months · AED 90 per sqft
29 Nov 2024RentedNew contract
AED 125,000/yr12 months · AED 90 per sqft
11 Aug 2024RentedNew contract
AED 125,000/yr12 months · AED 89 per sqft
2 Apr 2023RentedRenewal
AED 113,000/yr12 months · AED 81 per sqft
27 Oct 2022Sold by developerReady
AED 1,375,000AED 984 per sqft
2 Apr 2022RentedNew contract
AED 109,000/yr12 months · AED 78 per sqft
4 Nov 2021RentedNew contract
AED 128,000/yr12 months · AED 92 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 November 2025.

Key facts

Type
2-bed apartment
Size
1,397 sqft
Parking
B2-120
Completed
2018
Service charge
AED 22,900 /yr
Last sold
AED 1.38M · October 2022

About 106, Vezul Residence

106 is a two-bedroom apartment of 1,397 sqft of Vezul Residence, a 14-storey tower in Business Bay completed in 2018. The developer sold it on 27 October 2022 for AED 1,375,000, or AED 984 per sqft, 5% below the AED 1,034 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 29 November 2025, is AED 125,000 a year: a gross yield of 9.1% on the 2022 price, before the service charge of about AED 22,900 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical two-bed in Vezul Residence
1.5M2M2022202320242025Typical sale price by year: 2022 AED 1,485,000; 2023 AED 1,565,000; 2024 AED 1,950,000Sold by developer, October 2022: AED 1,375,000 (AED 984 per sqft)

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

Rents
Unit 106, each contractTypical two-bed in Vezul Residence
100K125K20192021202320252027Typical 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, November 2021: AED 128,000 a yearNew contract, April 2022: AED 109,000 a yearRenewal, April 2023: AED 113,000 a yearNew contract, August 2024: AED 125,000 a yearNew contract, November 2024: AED 125,000 a yearRenewal, November 2025: AED 125,000 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 106 sits

All 63 2-beds →

106 last sold in October 2022 at AED 984 per sqft, 5% below 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, around AED 1,404 per sqft, and rent for AED 89,250 to 145,000 a year. 106's AED 125,000 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 →

106, Vezul Residence in numbers

  • Sold once: by the developer on 27 October 2022 for AED 1,375,000, or AED 984 per sqft.
  • Rented since November 2021 on 6 Ejari contracts. The rent fell from AED 128,000 to AED 109,000 in 2022 and recovered to AED 125,000 by November 2025.
  • At AED 125,000 a year the gross yield on the 2022 price is 9.1%, before a service charge of about AED 22,900 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: YallaValue analysis of Dubai Land Department records. Updated 29 November 2025.

Questions about 106, Vezul Residence

What did unit 106 last sell for?

AED 1,375,000 on 27 October 2022, sold by the developer: AED 984 per sqft for 1,397 sqft. It is the only registered sale of the unit.

What is the rent for unit 106?

AED 125,000 a year on the contract renewed on 29 November 2025. The previous contract, from November 2024, was AED 125,000; the unit has been rented since November 2021.

How big is unit 106?

1,397 sqft (129.8 sqm): a two-bedroom apartment of a 14-storey tower completed in 2018.

What is unit 106 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 106, Vezul Residence

Starts from the last sale price (AED 1.38M, 27 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,375,000
Deposit, UAE resident (20%)
AED 275,000
Deposit, non-resident (40%)
AED 550,000
Monthly over 25 years at 3.7%
AED 5,626

Plus AED 62,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →