1-bed · 909 sqftVezul Residence, Business Bay · completed 2018

304, Vezul Residence

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

Unit 304 · DLD and Ejari recordsUpdated 10 February 2026
Last soldAED 1.13M15 February 2023
Current rentAED 92K /yr10 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Vezul Residence

What is 304 worth today?

Last sold for AED 1,130,050 in 2023

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10 Feb 2026RentedRenewal
AED 92,000/yr12 months · AED 101 per sqft
10 Feb 2024RentedNew contract
AED 88,000/yr12 months · AED 97 per sqft
15 Feb 2023Sold by developerReady
AED 1,130,050AED 1,243 per sqft
10 Feb 2023RentedRenewal
AED 84,000/yr12 months · AED 92 per sqft
1 Feb 2021RentedRenewal
AED 60,000/yr12 months · AED 66 per sqft
1 Feb 2020RentedNew contract
AED 73,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 10 February 2026.

Key facts

Type
1-bed apartment
Size
909 sqft
Parking
B1-110
Completed
2018
Service charge
AED 14,900 /yr
Last sold
AED 1.13M · February 2023

About 304, Vezul Residence

304 is a one-bedroom apartment of 909 sqft of Vezul Residence, a 14-storey tower in Business Bay completed in 2018. The developer sold it on 15 February 2023 for AED 1,130,050, or AED 1,243 per sqft, 8% below the AED 1,358 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 10 February 2026, is AED 92,000 a year: a gross yield of 8.1% on the 2023 price, before the service charge of about AED 14,900 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, February 2023: AED 1,130,050 (AED 1,243 per sqft)

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

Rents
Unit 304, each contractTypical one-bed in Vezul Residence
60K80K20192021202320252027Typical 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 yearRenewal, February 2021: AED 60,000 a yearRenewal, February 2023: AED 84,000 a yearNew contract, February 2024: AED 88,000 a yearRenewal, February 2026: AED 92,000 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 304 sits

All 62 1-beds →

304 last sold in February 2023 at AED 1,243 per sqft, 8% below what one-beds in Vezul Residence were fetching at the time (AED 1,358). 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. 304's AED 92,000 is in the upper 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 →

304, Vezul Residence in numbers

  • Sold once: by the developer on 15 February 2023 for AED 1,130,050, or AED 1,243 per sqft.
  • Rented since February 2020 on 5 Ejari contracts. The rent fell from AED 73,000 to AED 60,000 in 2021 and recovered to AED 92,000 by February 2026.
  • At AED 92,000 a year the gross yield on the 2023 price is 8.1%, 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 10 February 2026.

Questions about 304, Vezul Residence

What did unit 304 last sell for?

AED 1,130,050 on 15 February 2023, sold by the developer: AED 1,243 per sqft for 909 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 92,000 a year on the contract renewed on 10 February 2026. The previous contract, from February 2024, was AED 88,000; the unit has been rented since February 2020.

How big is unit 304?

909 sqft (84.4 sqm): a one-bedroom apartment of a 14-storey tower completed in 2018.

What is unit 304 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 304, Vezul Residence

Starts from the last sale price (AED 1.13M, 15 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,130,050
Deposit, UAE resident (20%)
AED 226,010
Deposit, non-resident (40%)
AED 452,020
Monthly over 25 years at 3.7%
AED 4,623

Plus AED 52,472 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →