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

203, Vezul Residence

Sold prices and rental history: sold once, by the developer in March 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 14 September 2025
Last soldAED 1.16M29 March 2023
Current rentAED 85K /yr14 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Vezul Residence

What is 203 worth today?

Last sold for AED 1,155,000 in 2023

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14 Sep 2025RentedRenewal
AED 85,000/yr12 months · AED 101 per sqft
14 Sep 2024RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft
30 Aug 2023RentedNew contract
AED 80,000/yr12 months · AED 95 per sqft
29 Mar 2023Sold by developerReady
AED 1,155,000AED 1,375 per sqft
15 Jul 2022RentedRenewal
AED 68,250/yr12 months · AED 81 per sqft
15 Jun 2021RentedNew contract
AED 65,000/yr13 months · AED 77 per sqft
20 Feb 2020RentedNew contract
AED 73,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 14 September 2025.

Key facts

Type
1-bed apartment
Size
840 sqft
Parking
B2-32
Completed
2018
Service charge
AED 13,800 /yr
Last sold
AED 1.16M · March 2023

About 203, Vezul Residence

203 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 29 March 2023 for AED 1,155,000, or AED 1,375 per sqft, 3% above the AED 1,333 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 14 September 2025, is AED 85,000 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 13,800 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, March 2023: AED 1,155,000 (AED 1,375 per sqft)

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

Rents
Unit 203, each contractTypical one-bed in Vezul Residence
80K20192021202320252027Typical 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, February 2020: AED 73,000 a yearNew contract, June 2021: AED 65,000 a yearRenewal, July 2022: AED 68,250 a yearNew contract, August 2023: AED 80,000 a yearNew contract, September 2024: AED 85,000 a yearRenewal, September 2025: AED 85,000 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 203 sits

All 62 1-beds →

203 last sold in March 2023 at AED 1,375 per sqft, 3% 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. 203's AED 85,000 is in the lower half 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 →

203, Vezul Residence in numbers

  • Sold once: by the developer on 29 March 2023 for AED 1,155,000, or AED 1,375 per sqft.
  • Rented since February 2020 on 6 Ejari contracts. The rent fell from AED 73,000 to AED 65,000 in 2021 and recovered to AED 85,000 by September 2025.
  • At AED 85,000 a year the gross yield on the 2023 price is 7.4%, 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 14 September 2025.

Questions about 203, Vezul Residence

What did unit 203 last sell for?

AED 1,155,000 on 29 March 2023, sold by the developer: AED 1,375 per sqft for 840 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 85,000 a year on the contract renewed on 14 September 2025. The previous contract, from September 2024, was AED 85,000; the unit has been rented since February 2020.

How big is unit 203?

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

What is unit 203 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 203, Vezul Residence

Starts from the last sale price (AED 1.16M, 29 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,155,000
Deposit, UAE resident (20%)
AED 231,000
Deposit, non-resident (40%)
AED 462,000
Monthly over 25 years at 3.7%
AED 4,725

Plus AED 53,520 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →