1305, Vezul Residence
Sold prices and rental history: sold twice, last in September 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1305, Vezul Residence
What is 1305 worth today?
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Source: Dubai Land Department. Updated 13 September 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,488 sqft
- Parking
- B2-99,B2-97
- Completed
- 2018
- Service charge
- AED 24,400 /yr
- Last sold
- AED 1.8M · September 2023
- Building
- Vezul Residence
About 1305, Vezul Residence
1305 is a two-bedroom apartment of 1,488 sqft of Vezul Residence, a 14-storey tower in Business Bay completed in 2018. It last sold on 13 September 2023 for AED 1,800,000, or AED 1,209 per sqft, 14% above the AED 1,064 two-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 1 May 2022, is AED 120,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 24,400 a year.
Sales and rents for 1305 over time
1305 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1305 sits
All 63 2-beds →1305 last sold in September 2023 at AED 1,209 per sqft, 14% above what two-beds in Vezul Residence were fetching at the time (AED 1,064). 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. 1305's AED 120,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jul 202510 July 2025 | 1,388 sqft | 1,900,000 | 1,368 | ||
| 6 Dec 20246 December 2024 | 1,360 sqft | 1,950,000 | 1,433 | ||
| 12 Nov 202412 November 2024 | 1,388 sqft | 2,050,000 | 1,476 | ||
| 23 Aug 202423 August 2024 | 1,460 sqft | 2,000,000 | 1,369 |
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%
1305, Vezul Residence in numbers
- Sold twice: first on 3 October 2022 for AED 1,667,000, last on 13 September 2023 for AED 1,800,000 (AED 1,209 per sqft).
- Rented since February 2021 on 2 Ejari contracts, from AED 86,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2023 price is 6.7%, before a service charge of about AED 24,400 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: Dubai Land Department. Updated 13 September 2023.
Questions about 1305, Vezul Residence
What did unit 1305 last sell for?
AED 1,800,000 on 13 September 2023: AED 1,209 per sqft for 1,488 sqft. The unit has 2 registered sales; the first was AED 1,667,000 in October 2022.
What is the rent for unit 1305?
AED 120,000 a year on the contract signed on 1 May 2022. The previous contract, from February 2021, was AED 86,000.
How big is unit 1305?
1,488 sqft (138.2 sqm): a two-bedroom apartment of a 14-storey tower completed in 2018.
What is unit 1305 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 1305, Vezul Residence
Starts from the last sale price (AED 1.8M, 13 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →