1506, Vezul Residence
Sold prices and rental history: sold once, by the developer in December 2022, 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 1506, Vezul Residence
What is 1506 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 6 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,360 sqft
- Parking
- B1-26
- Completed
- 2018
- Service charge
- AED 22,300 /yr
- Last sold
- AED 1.54M · December 2022
- Building
- Vezul Residence
About 1506, Vezul Residence
1506 is a two-bedroom apartment of 1,360 sqft of Vezul Residence, a 14-storey tower in Business Bay completed in 2018. The developer sold it on 22 December 2022 for AED 1,536,480, or AED 1,129 per sqft, 7% above the AED 1,057 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 6 February 2026, is AED 130,000 a year: a gross yield of 8.5% on the 2022 price, before the service charge of about AED 22,300 a year.
Sales and rents for 1506 over time
1506 has sold once; 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 1506 sits
All 63 2-beds →1506 last sold in December 2022 at AED 1,129 per sqft, 7% above what two-beds in Vezul Residence were fetching at the time (AED 1,057). 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. 1506's AED 130,000 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%
1506, Vezul Residence in numbers
- Sold once: by the developer on 22 December 2022 for AED 1,536,480, or AED 1,129 per sqft.
- Rented since April 2021 on 5 Ejari contracts, from AED 93,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2022 price is 8.5%, before a service charge of about AED 22,300 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 6 February 2026.
Questions about 1506, Vezul Residence
What did unit 1506 last sell for?
AED 1,536,480 on 22 December 2022, sold by the developer: AED 1,129 per sqft for 1,360 sqft. It is the only registered sale of the unit.
What is the rent for unit 1506?
AED 130,000 a year on the contract signed on 6 February 2026. The previous contract, from March 2024, was AED 120,000; the unit has been rented since April 2021.
How big is unit 1506?
1,360 sqft (126.3 sqm): a two-bedroom apartment of a 14-storey tower completed in 2018.
What is unit 1506 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.
Selling 1506? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1506, Vezul Residence
Starts from the last sale price (AED 1.54M, 22 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,536,480
- Deposit, UAE resident (20%)
- AED 307,296
- Deposit, non-resident (40%)
- AED 614,592
- Monthly over 25 years at 3.7%
- AED 6,286
Plus AED 69,542 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →