2-bed · 1,430 sqftVezul Residence, Business Bay · completed 2018

1301, Vezul Residence

Sold prices and rental history: sold once, by the developer in August 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 8 September 2025
Last soldAED 1.57M3 August 2021
Current rentAED 200K /yr8 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, Vezul Residence

What is 1301 worth today?

Last sold for AED 1,568,000 in 2021

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8 Sep 2025RentedNew contract
AED 200,000/yr12 months · AED 140 per sqft
7 Apr 2025RentedNew contract
AED 210,000/yr12 months · AED 147 per sqft
12 Nov 2023RentedNew contract
AED 100,000/yr12 months · AED 70 per sqft
28 Mar 2023RentedNew contract
AED 170,000/yr12 months · AED 119 per sqft
21 Oct 2022RentedNew contract
AED 150,000/yr12 months · AED 105 per sqft
3 Aug 2021Sold by developerReady
AED 1,568,000AED 1,096 per sqft
10 Nov 2020RentedRenewal
AED 85,250/yr12 months · AED 60 per sqft
10 Nov 2019RentedNew contract
AED 93,500/yr12 months · AED 65 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 September 2025.

Key facts

Type
2-bed apartment
Size
1,430 sqft
Parking
B2-104
Completed
2018
Service charge
AED 23,400 /yr
Last sold
AED 1.57M · August 2021

About 1301, Vezul Residence

1301 is a two-bedroom apartment of 1,430 sqft of Vezul Residence, a 14-storey tower in Business Bay completed in 2018. The developer sold it on 3 August 2021 for AED 1,568,000, or AED 1,096 per sqft.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 8 September 2025, is AED 200,000 a year: a gross yield of 12.8% on the 2021 price, before the service charge of about AED 23,400 a year.

Sales and rents for 1301 over time

Sales
Unit 1301, each saleTypical two-bed in Vezul Residence
1.5M1.75M2M20212022202320242025Typical sale price by year: 2022 AED 1,485,000; 2023 AED 1,565,000; 2024 AED 1,950,000Sold by developer, August 2021: AED 1,568,000 (AED 1,096 per sqft)

1301 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1301, each contractTypical two-bed in Vezul Residence
100K200K20192021202320252027Typical 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 2019: AED 93,500 a yearRenewal, November 2020: AED 85,250 a yearNew contract, October 2022: AED 150,000 a yearNew contract, March 2023: AED 170,000 a yearNew contract, November 2023: AED 100,000 a yearNew contract, April 2025: AED 210,000 a yearNew contract, September 2025: AED 200,000 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 1301 sits

All 63 2-beds →

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. 1301's AED 200,000 is at the top 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 →

1301, Vezul Residence in numbers

  • Sold once: by the developer on 3 August 2021 for AED 1,568,000, or AED 1,096 per sqft.
  • Rented since November 2019 on 7 Ejari contracts, from AED 93,500 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2021 price is 12.8%, before a service charge of about AED 23,400 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 8 September 2025.

Questions about 1301, Vezul Residence

What did unit 1301 last sell for?

AED 1,568,000 on 3 August 2021, sold by the developer: AED 1,096 per sqft for 1,430 sqft. It is the only registered sale of the unit.

What is the rent for unit 1301?

AED 200,000 a year on the contract signed on 8 September 2025. The previous contract, from April 2025, was AED 210,000; the unit has been rented since November 2019.

How big is unit 1301?

1,430 sqft (132.9 sqm): a two-bedroom apartment of a 14-storey tower completed in 2018.

What is unit 1301 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 1301, Vezul Residence

Starts from the last sale price (AED 1.57M, 3 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,568,000
Deposit, UAE resident (20%)
AED 313,600
Deposit, non-resident (40%)
AED 627,200
Monthly over 25 years at 3.7%
AED 6,415

Plus AED 70,866 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →