1204, Vezul Residence
Sold prices and rental history: sold once, by the developer in January 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1204, Vezul Residence
What is 1204 worth today?
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Source: Dubai Land Department. Updated 25 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 909 sqft
- Parking
- B2-105
- Completed
- 2018
- Service charge
- AED 14,900 /yr
- Last sold
- AED 1.23M · January 2023
- Building
- Vezul Residence
About 1204, Vezul Residence
1204 is a one-bedroom apartment of 909 sqft of Vezul Residence, a 14-storey tower in Business Bay completed in 2018. The developer sold it on 23 January 2023 for AED 1,234,907, or AED 1,358 per sqft, in line with the AED 1,363 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 25 April 2025, is AED 97,650 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 14,900 a year.
Sales and rents for 1204 over time
1204 has sold once; the dashed line is the one-bed median of each year in the building.
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 1204 sits
All 62 1-beds →1204 last sold in January 2023 at AED 1,358 per sqft, in line with what one-beds in Vezul Residence were fetching at the time (AED 1,363). 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. 1204's AED 97,650 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 1,260 sqft | 1,550,000 | 1,230 | ||
| 15 May 202515 May 2025 | 840 sqft | 1,500,000 | 1,785 | ||
| 7 Apr 20257 April 2025 | 902 sqft | 1,500,000 | 1,663 | ||
| 19 Feb 202519 February 2025 | 778 sqft | 1,320,000 | 1,696 |
Vezul Residence
Building7 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%
1204, Vezul Residence in numbers
- Sold once: by the developer on 23 January 2023 for AED 1,234,907, or AED 1,358 per sqft.
- Rented since August 2020 on 6 Ejari contracts, from AED 69,000 to AED 97,650 a year.
- At AED 97,650 a year the gross yield on the 2023 price is 7.9%, before a service charge of about AED 14,900 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 25 April 2025.
Questions about 1204, Vezul Residence
What did unit 1204 last sell for?
AED 1,234,907 on 23 January 2023, sold by the developer: AED 1,358 per sqft for 909 sqft. It is the only registered sale of the unit.
What is the rent for unit 1204?
AED 97,650 a year on the contract renewed on 25 April 2025. The previous contract, from April 2025, was AED 97,650; the unit has been rented since August 2020.
How big is unit 1204?
909 sqft (84.4 sqm): a one-bedroom apartment of a 14-storey tower completed in 2018.
What is unit 1204 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 1204, Vezul Residence
Starts from the last sale price (AED 1.23M, 23 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,234,907
- Deposit, UAE resident (20%)
- AED 246,981
- Deposit, non-resident (40%)
- AED 493,963
- Monthly over 25 years at 3.7%
- AED 5,052
Plus AED 56,876 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →