1-bed · 841 sqftVezul Residence, Business Bay · completed 2018

107, Vezul Residence

Sold prices and rental history: sold once, by the developer in January 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 17 March 2025
Last soldAED 1.04M18 January 2023
Current rentAED 85K /yr17 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Vezul Residence

What is 107 worth today?

Last sold for AED 1,040,000 in 2023

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17 Mar 2025RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft
10 Feb 2024RentedRenewal
AED 84,000/yr12 months · AED 100 per sqft
10 Feb 2024RentedRenewal
AED 84,000/yr12 months · AED 100 per sqft
10 Feb 2023RentedNew contract
AED 84,000/yr12 months · AED 100 per sqft
18 Jan 2023Sold by developerReady
AED 1,040,000AED 1,237 per sqft
1 Jun 2022RentedNew contract
AED 78,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 17 March 2025.

Key facts

Type
1-bed apartment
Size
841 sqft
Parking
B2-119
Completed
2018
Service charge
AED 13,800 /yr
Last sold
AED 1.04M · January 2023

About 107, Vezul Residence

107 is a one-bedroom apartment of 841 sqft of Vezul Residence, a 14-storey tower in Business Bay completed in 2018. The developer sold it on 18 January 2023 for AED 1,040,000, or AED 1,237 per sqft, 10% below the AED 1,368 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 17 March 2025, is AED 85,000 a year: a gross yield of 8.2% on the 2023 price, before the service charge of about AED 13,800 a year.

Sales and rents for 107 over time

Sales
Unit 107, 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, January 2023: AED 1,040,000 (AED 1,237 per sqft)

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

Rents
Unit 107, 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, June 2022: AED 78,000 a yearNew contract, February 2023: AED 84,000 a yearRenewal, February 2024: AED 84,000 a yearRenewal, February 2024: AED 84,000 a yearNew contract, March 2025: AED 85,000 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 107 sits

All 62 1-beds →

107 last sold in January 2023 at AED 1,237 per sqft, 10% below 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. 107's AED 85,000 is in the lower half 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 →

107, Vezul Residence in numbers

  • Sold once: by the developer on 18 January 2023 for AED 1,040,000, or AED 1,237 per sqft.
  • Rented since June 2022 on 5 Ejari contracts, from AED 78,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 8.2%, before a service charge of about AED 13,800 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 March 2025.

Questions about 107, Vezul Residence

What did unit 107 last sell for?

AED 1,040,000 on 18 January 2023, sold by the developer: AED 1,237 per sqft for 841 sqft. It is the only registered sale of the unit.

What is the rent for unit 107?

AED 85,000 a year on the contract signed on 17 March 2025. The previous contract, from February 2024, was AED 84,000; the unit has been rented since June 2022.

How big is unit 107?

841 sqft (78.1 sqm): a one-bedroom apartment of a 14-storey tower completed in 2018.

What is unit 107 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 107, Vezul Residence

Starts from the last sale price (AED 1.04M, 18 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,040,000
Deposit, UAE resident (20%)
AED 208,000
Deposit, non-resident (40%)
AED 416,000
Monthly over 25 years at 3.7%
AED 4,255

Plus AED 48,690 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →