2-bed · 1,464 sqftVezul Residence, Business Bay · completed 2018

1309, Vezul Residence

Sold prices and rental history: sold once, by the developer in December 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1309 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 1.63M15 December 2022
Current rentAED 140K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1309, Vezul Residence

What is 1309 worth today?

Last sold for AED 1,628,200 in 2022

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1 Nov 2025RentedNew contract
AED 140,000/yr12 months · AED 96 per sqft
2 Feb 2024RentedNew contract
AED 160,000/yr12 months · AED 109 per sqft
20 Dec 2022RentedRenewal
AED 138,000/yr12 months · AED 94 per sqft
15 Dec 2022Sold by developerReady
AED 1,628,200AED 1,112 per sqft
20 Dec 2021RentedNew contract
AED 138,000/yr12 months · AED 94 per sqft
27 Dec 2020RentedNew contract
AED 86,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
2-bed apartment
Size
1,464 sqft
Parking
B2-109
Completed
2018
Service charge
AED 24,000 /yr
Last sold
AED 1.63M · December 2022

About 1309, Vezul Residence

1309 is a two-bedroom apartment of 1,464 sqft of Vezul Residence, a 14-storey tower in Business Bay completed in 2018. The developer sold it on 15 December 2022 for AED 1,628,200, or AED 1,112 per sqft, 7% above the AED 1,039 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 November 2025, is AED 140,000 a year: a gross yield of 8.6% on the 2022 price, before the service charge of about AED 24,000 a year.

Sales and rents for 1309 over time

Sales
Unit 1309, each saleTypical two-bed in Vezul Residence
1.5M1.75M2M2022202320242025Typical sale price by year: 2022 AED 1,485,000; 2023 AED 1,565,000; 2024 AED 1,950,000Sold by developer, December 2022: AED 1,628,200 (AED 1,112 per sqft)

1309 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1309, each contractTypical two-bed in Vezul Residence
100K150K20192021202320252027Typical 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, December 2020: AED 86,000 a yearNew contract, December 2021: AED 138,000 a yearRenewal, December 2022: AED 138,000 a yearNew contract, February 2024: AED 160,000 a yearNew contract, November 2025: AED 140,000 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 1309 sits

All 63 2-beds →

1309 last sold in December 2022 at AED 1,112 per sqft, 7% above what two-beds in Vezul Residence were fetching at the time (AED 1,039). 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. 1309's AED 140,000 is in the upper half 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 →

1309, Vezul Residence in numbers

  • Sold once: by the developer on 15 December 2022 for AED 1,628,200, or AED 1,112 per sqft.
  • Rented since December 2020 on 5 Ejari contracts, from AED 86,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2022 price is 8.6%, before a service charge of about AED 24,000 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 1 November 2025.

Questions about 1309, Vezul Residence

What did unit 1309 last sell for?

AED 1,628,200 on 15 December 2022, sold by the developer: AED 1,112 per sqft for 1,464 sqft. It is the only registered sale of the unit.

What is the rent for unit 1309?

AED 140,000 a year on the contract signed on 1 November 2025. The previous contract, from February 2024, was AED 160,000; the unit has been rented since December 2020.

How big is unit 1309?

1,464 sqft (136.0 sqm): a two-bedroom apartment of a 14-storey tower completed in 2018.

What is unit 1309 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 1309, Vezul Residence

Starts from the last sale price (AED 1.63M, 15 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,628,200
Deposit, UAE resident (20%)
AED 325,640
Deposit, non-resident (40%)
AED 651,280
Monthly over 25 years at 3.7%
AED 6,661

Plus AED 73,394 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →