2-bed · 1,460 sqftVezul Residence, Business Bay · completed 2018

305, Vezul Residence

Sold prices and rental history: sold once, by the developer in January 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 1.51M25 January 2023
Current rentAED 140K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Vezul Residence

What is 305 worth today?

Last sold for AED 1,514,020 in 2023

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1 Jul 2025RentedRenewal
AED 140,000/yr12 months · AED 96 per sqft
1 Jul 2023RentedNew contract
AED 140,000/yr12 months · AED 96 per sqft
25 Jan 2023Sold by developerReady
AED 1,514,020AED 1,036 per sqft
27 Mar 2022RentedNew contract
AED 109,000/yr12 months · AED 75 per sqft
5 Jan 2021RentedNew contract
AED 79,000/yr12 months · AED 54 per sqft
10 Oct 2019RentedNew contract
AED 92,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
2-bed apartment
Size
1,460 sqft
Parking
B1-109
Completed
2018
Service charge
AED 23,900 /yr
Last sold
AED 1.51M · January 2023

About 305, Vezul Residence

305 is a two-bedroom apartment of 1,460 sqft of Vezul Residence, a 14-storey tower in Business Bay completed in 2018. The developer sold it on 25 January 2023 for AED 1,514,020, or AED 1,036 per sqft, in line with the AED 1,055 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 140,000 a year: a gross yield of 9.3% on the 2023 price, before the service charge of about AED 23,900 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical two-bed in Vezul Residence
1.5M1.75M2M2022202320242025Typical sale price by year: 2022 AED 1,485,000; 2023 AED 1,565,000; 2024 AED 1,950,000Sold by developer, January 2023: AED 1,514,020 (AED 1,036 per sqft)

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

Rents
Unit 305, each contractTypical two-bed in Vezul Residence
100K150K20192021202320252027Typical rent by year: 2019 AED 92,000; 2020 AED 89,000; 2021 AED 89,636; 2022 AED 108,000; 2023 AED 114,725; 2024 AED 135,000; 2025 AED 135,000; 2026 AED 130,000New contract, October 2019: AED 92,000 a yearNew contract, January 2021: AED 79,000 a yearNew contract, March 2022: AED 109,000 a yearNew contract, July 2023: AED 140,000 a yearRenewal, July 2025: AED 140,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Vezul Residence, and where 305 sits

All 63 2-beds →

305 last sold in January 2023 at AED 1,036 per sqft, in line with what two-beds in Vezul Residence were fetching at the time (AED 1,055). Over the last 12 months two-beds sold for AED 1,950,000, around AED 1,404 per sqft, and rent for AED 89,250 to 145,000 a year. 305's AED 140,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Jul 20251,900,000
6 Dec 20241,950,000
12 Nov 20242,050,000
23 Aug 20242,000,000
1 2-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 →

305, Vezul Residence in numbers

  • Sold once: by the developer on 25 January 2023 for AED 1,514,020, or AED 1,036 per sqft.
  • Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 92,000 to AED 79,000 in 2021 and recovered to AED 140,000 by July 2025.
  • At AED 140,000 a year the gross yield on the 2023 price is 9.3%, before a service charge of about AED 23,900 a year (AED 16.38 per sqft).
  • Two-beds in Vezul Residence sold for AED 1,950,000–1,950,000 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 1 July 2025.

Questions about 305, Vezul Residence

What did unit 305 last sell for?

AED 1,514,020 on 25 January 2023, sold by the developer: AED 1,036 per sqft for 1,460 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 140,000 a year on the contract renewed on 1 July 2025. The previous contract, from July 2023, was AED 140,000; the unit has been rented since October 2019.

How big is unit 305?

1,460 sqft (135.6 sqm): a two-bedroom apartment of a 14-storey tower completed in 2018.

What is unit 305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Vezul Residence sold for AED 1,950,000 to 1,950,000 in the last 12 months, around AED 1,404 per sqft.

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Mortgage on 305, Vezul Residence

Starts from the last sale price (AED 1.51M, 25 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,514,020
Deposit, UAE resident (20%)
AED 302,804
Deposit, non-resident (40%)
AED 605,608
Monthly over 25 years at 3.7%
AED 6,194

Plus AED 68,599 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →