207, Vezul Residence
Sold prices and rental history: sold once, by the developer in March 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 207, Vezul Residence
What is 207 worth today?
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Source: Dubai Land Department. Updated 12 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 778 sqft
- Parking
- B2-64
- Completed
- 2018
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.01M · March 2023
- Building
- Vezul Residence
About 207, Vezul Residence
207 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 29 March 2023 for AED 1,010,000, or AED 1,298 per sqft, in line with the AED 1,333 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 12 December 2024, is AED 78,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 12,700 a year.
Sales and rents for 207 over time
207 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 207 sits
All 62 1-beds →207 last sold in March 2023 at AED 1,298 per sqft, in line with 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. 207's AED 78,000 is at the bottom 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%
207, Vezul Residence in numbers
- Sold once: by the developer on 29 March 2023 for AED 1,010,000, or AED 1,298 per sqft.
- Rented since November 2021 on 3 Ejari contracts, from AED 66,500 to AED 78,000 a year.
- At AED 78,000 a year the gross yield on the 2023 price is 7.7%, 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 12 December 2024.
Questions about 207, Vezul Residence
What did unit 207 last sell for?
AED 1,010,000 on 29 March 2023, sold by the developer: AED 1,298 per sqft for 778 sqft. It is the only registered sale of the unit.
What is the rent for unit 207?
AED 78,000 a year on the contract renewed on 12 December 2024. The previous contract, from December 2022, was AED 66,500; the unit has been rented since November 2021.
How big is unit 207?
778 sqft (72.3 sqm): a one-bedroom apartment of a 14-storey tower completed in 2018.
What is unit 207 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 207, Vezul Residence
Starts from the last sale price (AED 1.01M, 29 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,010,000
- Deposit, UAE resident (20%)
- AED 202,000
- Deposit, non-resident (40%)
- AED 404,000
- Monthly over 25 years at 3.7%
- AED 4,132
Plus AED 47,430 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →