1607, Vezul Residence
Sold prices and rental history: sold once, by the developer in December 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1607, Vezul Residence
What is 1607 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 14 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 778 sqft
- Parking
- B1-75
- Completed
- 2018
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.13M · December 2022
- Building
- Vezul Residence
About 1607, Vezul Residence
1607 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 22 December 2022 for AED 1,125,000, or AED 1,445 per sqft, 6% above the AED 1,368 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 14 September 2025, is AED 84,000 a year: a gross yield of 7.5% on the 2022 price, before the service charge of about AED 12,700 a year.
Sales and rents for 1607 over time
1607 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 1607 sits
All 62 1-beds →1607 last sold in December 2022 at AED 1,445 per sqft, 6% above what one-beds in Vezul Residence were fetching at the time (AED 1,368). 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. 1607'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%
1607, Vezul Residence in numbers
- Sold once: by the developer on 22 December 2022 for AED 1,125,000, or AED 1,445 per sqft.
- Rented since September 2022 on 4 Ejari contracts, from AED 86,000 to AED 84,000 a year.
- At AED 84,000 a year the gross yield on the 2022 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 14 September 2025.
Questions about 1607, Vezul Residence
What did unit 1607 last sell for?
AED 1,125,000 on 22 December 2022, sold by the developer: AED 1,445 per sqft for 778 sqft. It is the only registered sale of the unit.
What is the rent for unit 1607?
AED 84,000 a year on the contract signed on 14 September 2025. The previous contract, from July 2024, was AED 82,000; the unit has been rented since September 2022.
How big is unit 1607?
778 sqft (72.3 sqm): a one-bedroom apartment of a 14-storey tower completed in 2018.
What is unit 1607 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.
Selling 1607? 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 1607, Vezul Residence
Starts from the last sale price (AED 1.13M, 22 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,125,000
- Deposit, UAE resident (20%)
- AED 225,000
- Deposit, non-resident (40%)
- AED 450,000
- Monthly over 25 years at 3.7%
- AED 4,603
Plus AED 52,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →