1-bed · 778 sqftVezul Residence, Business Bay · completed 2018

307, Vezul Residence

Sold prices and rental history: sold twice, last in February 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 1.32M19 February 2025
Current rentAED 85K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Vezul Residence

What is 307 worth today?

Last sold for AED 1,320,000 in 2025

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15 Mar 2025RentedNew contract
AED 85,000/yr12 months · AED 109 per sqft
19 Feb 2025SoldReady
AED 1,320,000AED 1,696 per sqft
15 Jul 2023RentedNew contract
AED 70,000/yr12 months · AED 90 per sqft
15 Feb 2023Sold by developerReady
AED 979,700AED 1,259 per sqft
15 Jul 2022RentedRenewal
AED 70,000/yr12 months · AED 90 per sqft
15 Jun 2021RentedNew contract
AED 70,000/yr13 months · AED 90 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
1-bed apartment
Size
778 sqft
Parking
B2-34
Completed
2018
Service charge
AED 12,700 /yr
Last sold
AED 1.32M · February 2025

About 307, Vezul Residence

307 is a one-bedroom apartment of 778 sqft of Vezul Residence, a 14-storey tower in Business Bay completed in 2018. It last sold on 19 February 2025 for AED 1,320,000, or AED 1,696 per sqft, 6% above the AED 1,595 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 15 March 2025, is AED 85,000 a year: a gross yield of 6.4% on the 2025 price, before the service charge of about AED 12,700 a year.

Sales and rents for 307 over time

Sales
Unit 307, 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 979,700 (AED 1,259 per sqft)Sold, February 2025: AED 1,320,000 (AED 1,696 per sqft)

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

Rents
Unit 307, each contractTypical one-bed in Vezul Residence
70K80K90K20192021202320252027Typical 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, June 2021: AED 70,000 a yearRenewal, July 2022: AED 70,000 a yearNew contract, July 2023: AED 70,000 a yearNew contract, March 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 307 sits

All 62 1-beds →

307 last sold in February 2025 at AED 1,696 per sqft, 6% above what one-beds in Vezul Residence were fetching at the time (AED 1,595). 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. 307'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
30 Jan 20251,370,000
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 →

307, Vezul Residence in numbers

  • Sold twice: first on 15 February 2023 for AED 979,700, last on 19 February 2025 for AED 1,320,000 (AED 1,696 per sqft).
  • Rented since June 2021 on 4 Ejari contracts, from AED 70,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2025 price is 6.4%, 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 15 March 2025.

Questions about 307, Vezul Residence

What did unit 307 last sell for?

AED 1,320,000 on 19 February 2025: AED 1,696 per sqft for 778 sqft. The unit has 2 registered sales; the first was AED 979,700 in February 2023.

What is the rent for unit 307?

AED 85,000 a year on the contract signed on 15 March 2025. The previous contract, from July 2023, was AED 70,000; the unit has been rented since June 2021.

How big is unit 307?

778 sqft (72.3 sqm): a one-bedroom apartment of a 14-storey tower completed in 2018.

What is unit 307 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 307, Vezul Residence

Starts from the last sale price (AED 1.32M, 19 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,320,000
Deposit, UAE resident (20%)
AED 264,000
Deposit, non-resident (40%)
AED 528,000
Monthly over 25 years at 3.7%
AED 5,401

Plus AED 60,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →