1306, Vezul Residence
Sold prices and rental history: sold twice, last in November 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1306, Vezul Residence
What is 1306 worth today?
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Source: Dubai Land Department. Updated 12 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,388 sqft
- Parking
- B2-111
- Completed
- 2018
- Service charge
- AED 22,700 /yr
- Last sold
- AED 2.05M · November 2024
- Building
- Vezul Residence
About 1306, Vezul Residence
1306 is a two-bedroom apartment of 1,388 sqft of Vezul Residence, a 14-storey tower in Business Bay completed in 2018. It last sold on 12 November 2024 for AED 2,050,000, or AED 1,476 per sqft, 8% above the AED 1,366 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 30 April 2024, is AED 155,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 22,700 a year.
Sales and rents for 1306 over time
1306 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 1306 sits
All 63 2-beds →1306 last sold in November 2024 at AED 1,476 per sqft, 8% above what two-beds in Vezul Residence were fetching at the time (AED 1,366). 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. 1306's AED 155,000 is at the top 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 | ||
| 23 Aug 202423 August 2024 | 1,460 sqft | 2,000,000 | 1,369 | ||
| 10 Jun 202410 June 2024 | 1,360 sqft | 1,870,000 | 1,374 |
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%
1306, Vezul Residence in numbers
- Sold twice: first on 6 October 2022 for AED 1,550,000, last on 12 November 2024 for AED 2,050,000 (AED 1,476 per sqft).
- Rented since July 2021 on 3 Ejari contracts, from AED 120,000 to AED 155,000 a year.
- At AED 155,000 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 22,700 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 12 November 2024.
Questions about 1306, Vezul Residence
What did unit 1306 last sell for?
AED 2,050,000 on 12 November 2024: AED 1,476 per sqft for 1,388 sqft. The unit has 2 registered sales; the first was AED 1,550,000 in October 2022.
What is the rent for unit 1306?
AED 155,000 a year on the contract signed on 30 April 2024. The previous contract, from March 2023, was AED 120,000; the unit has been rented since July 2021.
How big is unit 1306?
1,388 sqft (128.9 sqm): a two-bedroom apartment of a 14-storey tower completed in 2018.
What is unit 1306 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 1306, Vezul Residence
Starts from the last sale price (AED 2.05M, 12 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,050,000
- Deposit, UAE resident (20%)
- AED 410,000
- Deposit, non-resident (40%)
- AED 820,000
- Monthly over 25 years at 3.7%
- AED 8,387
Plus AED 91,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →