1604, Vezul Residence
Sold prices and rental history: sold once, by the developer in November 2021, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1604, Vezul Residence
What is 1604 worth today?
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Source: Dubai Land Department. Updated 6 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 910 sqft
- Parking
- B1-28
- Completed
- 2018
- Service charge
- AED 14,900 /yr
- Last sold
- AED 1.01M · November 2021
- Building
- Vezul Residence
About 1604, Vezul Residence
1604 is a one-bedroom apartment of 910 sqft of Vezul Residence, a 14-storey tower in Business Bay completed in 2018. The developer sold it on 15 November 2021 for AED 1,008,000, or AED 1,108 per sqft, in line with the AED 1,083 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 6 March 2025, is AED 84,000 a year: a gross yield of 8.3% on the 2021 price, before the service charge of about AED 14,900 a year.
Sales and rents for 1604 over time
1604 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 1604 sits
All 62 1-beds →1604 last sold in November 2021 at AED 1,108 per sqft, in line with what one-beds in Vezul Residence were fetching at the time (AED 1,083). 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. 1604's AED 84,000 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%
1604, Vezul Residence in numbers
- Sold once: by the developer on 15 November 2021 for AED 1,008,000, or AED 1,108 per sqft.
- Rented since February 2020 on 6 Ejari contracts. The rent fell from AED 83,000 to AED 66,920 in 2022 and recovered to AED 84,000 by March 2025.
- At AED 84,000 a year the gross yield on the 2021 price is 8.3%, before a service charge of about AED 14,900 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 6 March 2025.
Questions about 1604, Vezul Residence
What did unit 1604 last sell for?
AED 1,008,000 on 15 November 2021, sold by the developer: AED 1,108 per sqft for 910 sqft. It is the only registered sale of the unit.
What is the rent for unit 1604?
AED 84,000 a year on the contract signed on 6 March 2025. The previous contract, from February 2024, was AED 76,138; the unit has been rented since February 2020.
How big is unit 1604?
910 sqft (84.5 sqm): a one-bedroom apartment of a 14-storey tower completed in 2018.
What is unit 1604 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 1604, Vezul Residence
Starts from the last sale price (AED 1.01M, 15 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,008,000
- Deposit, UAE resident (20%)
- AED 201,600
- Deposit, non-resident (40%)
- AED 403,200
- Monthly over 25 years at 3.7%
- AED 4,124
Plus AED 47,346 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →