1307, Vezul Residence
Sold prices and rental history: sold once, by the developer in January 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1307, Vezul Residence
What is 1307 worth today?
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Source: Dubai Land Department. Updated 12 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 778 sqft
- Parking
- B2-110
- Completed
- 2018
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.09M · January 2023
- Building
- Vezul Residence
About 1307, Vezul Residence
1307 is a one-bedroom apartment of 778 sqft of Vezul Residence, a 14-storey tower in Business Bay completed in 2018. The developer sold it on 25 January 2023 for AED 1,091,250, or AED 1,402 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 2021 on 4 Ejari contracts. The current contract, renewed on 12 December 2024, is AED 82,000 a year: a gross yield of 7.5% on the 2023 price, before the service charge of about AED 12,700 a year.
Sales and rents for 1307 over time
1307 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 1307 sits
All 62 1-beds →1307 last sold in January 2023 at AED 1,402 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. 1307's AED 82,000 is in the lower 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%
1307, Vezul Residence in numbers
- Sold once: by the developer on 25 January 2023 for AED 1,091,250, or AED 1,402 per sqft.
- Rented since November 2021 on 4 Ejari contracts, from AED 75,300 to AED 82,000 a year.
- At AED 82,000 a year the gross yield on the 2023 price is 7.5%, before a service charge of about AED 12,700 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 12 December 2024.
Questions about 1307, Vezul Residence
What did unit 1307 last sell for?
AED 1,091,250 on 25 January 2023, sold by the developer: AED 1,402 per sqft for 778 sqft. It is the only registered sale of the unit.
What is the rent for unit 1307?
AED 82,000 a year on the contract renewed on 12 December 2024. The previous contract, from December 2023, was AED 78,000; the unit has been rented since November 2021.
How big is unit 1307?
778 sqft (72.3 sqm): a one-bedroom apartment of a 14-storey tower completed in 2018.
What is unit 1307 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 1307, Vezul Residence
Starts from the last sale price (AED 1.09M, 25 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,091,250
- Deposit, UAE resident (20%)
- AED 218,250
- Deposit, non-resident (40%)
- AED 436,500
- Monthly over 25 years at 3.7%
- AED 4,465
Plus AED 50,843 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →