1-bed · 840 sqftVezul Residence, Business Bay · completed 2018

1403, Vezul Residence

Sold prices and rental history: sold once, by the developer in May 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 7 August 2025
Last soldAED 1.31M3 May 2023
Current rentAED 100K /yr7 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Vezul Residence

What is 1403 worth today?

Last sold for AED 1,309,500 in 2023

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7 Aug 2025RentedNew contract
AED 100,000/yr12 months · AED 119 per sqft
1 Oct 2024RentedNew contract
AED 110,000/yr12 months · AED 131 per sqft
21 Aug 2023RentedNew contract
AED 100,000/yr12 months · AED 119 per sqft
3 May 2023Sold by developerReady
AED 1,309,500AED 1,559 per sqft

Source: Dubai Land Department. Updated 7 August 2025.

Key facts

Type
1-bed apartment
Size
840 sqft
Parking
B2-112
Completed
2018
Service charge
AED 13,800 /yr
Last sold
AED 1.31M · May 2023

About 1403, Vezul Residence

1403 is a one-bedroom apartment of 840 sqft of Vezul Residence, a 14-storey tower in Business Bay completed in 2018. The developer sold it on 3 May 2023 for AED 1,309,500, or AED 1,559 per sqft, 17% above the AED 1,333 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 7 August 2025, is AED 100,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 13,800 a year.

Sales and rents for 1403 over time

Sales
Unit 1403, each saleTypical one-bed in Vezul Residence
1M1.25M1.5M202120232025Typical sale price by year: 2021 AED 950,000; 2022 AED 1,127,525; 2023 AED 1,155,000; 2024 AED 1,412,500; 2025 AED 1,435,000Sold by developer, May 2023: AED 1,309,500 (AED 1,559 per sqft)

1403 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1403, each contractTypical one-bed in Vezul Residence
80K100K20192021202320252027Typical rent by year: 2019 AED 69,700; 2020 AED 73,000; 2021 AED 69,000; 2022 AED 75,300; 2023 AED 85,000; 2024 AED 89,000; 2025 AED 90,000; 2026 AED 91,000New contract, August 2023: AED 100,000 a yearNew contract, October 2024: AED 110,000 a yearNew contract, August 2025: AED 100,000 a year

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 1403 sits

All 62 1-beds →

1403 last sold in May 2023 at AED 1,559 per sqft, 17% above what one-beds in Vezul Residence were fetching at the time (AED 1,333). 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. 1403's AED 100,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 20261,550,000
15 May 20251,500,000
7 Apr 20251,500,000
19 Feb 20251,320,000
1 1-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 →

1403, Vezul Residence in numbers

  • Sold once: by the developer on 3 May 2023 for AED 1,309,500, or AED 1,559 per sqft.
  • Rented since August 2023 on 3 Ejari contracts, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 13,800 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 7 August 2025.

Questions about 1403, Vezul Residence

What did unit 1403 last sell for?

AED 1,309,500 on 3 May 2023, sold by the developer: AED 1,559 per sqft for 840 sqft. It is the only registered sale of the unit.

What is the rent for unit 1403?

AED 100,000 a year on the contract signed on 7 August 2025. The previous contract, from October 2024, was AED 110,000; the unit has been rented since August 2023.

How big is unit 1403?

840 sqft (78.0 sqm): a one-bedroom apartment of a 14-storey tower completed in 2018.

What is unit 1403 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 1403, Vezul Residence

Starts from the last sale price (AED 1.31M, 3 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,309,500
Deposit, UAE resident (20%)
AED 261,900
Deposit, non-resident (40%)
AED 523,800
Monthly over 25 years at 3.7%
AED 5,358

Plus AED 60,009 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →