2-bed · 1,433 sqftVezul Residence, Business Bay · completed 2018

309, Vezul Residence

Sold prices and rental history: sold once, by the developer in October 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 25 March 2025
Last soldAED 1.43M17 October 2022
Current rentAED 125K /yr25 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Vezul Residence

What is 309 worth today?

Last sold for AED 1,425,825 in 2022

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25 Mar 2025RentedNew contract
AED 125,000/yr12 months · AED 87 per sqft
22 May 2024RentedRenewal
AED 98,865/yr7 months · AED 69 per sqft
22 May 2023RentedNew contract
AED 98,175/yr12 months · AED 69 per sqft
17 Oct 2022Sold by developerReady
AED 1,425,825AED 994 per sqft
22 May 2022RentedRenewal
AED 93,500/yr12 months · AED 65 per sqft
22 Apr 2021RentedNew contract
AED 85,000/yr13 months · AED 59 per sqft

Source: Dubai Land Department. Updated 25 March 2025.

Key facts

Type
2-bed apartment
Size
1,433 sqft
Parking
B2-33
Completed
2018
Service charge
AED 23,500 /yr
Last sold
AED 1.43M · October 2022

About 309, Vezul Residence

309 is a two-bedroom apartment of 1,433 sqft of Vezul Residence, a 14-storey tower in Business Bay completed in 2018. The developer sold it on 17 October 2022 for AED 1,425,825, or AED 994 per sqft, 4% below the AED 1,034 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 25 March 2025, is AED 125,000 a year: a gross yield of 8.8% on the 2022 price, before the service charge of about AED 23,500 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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, October 2022: AED 1,425,825 (AED 994 per sqft)

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

Rents
Unit 309, each contractTypical two-bed in Vezul Residence
100K125K20192021202320252027Typical 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, April 2021: AED 85,000 a yearRenewal, May 2022: AED 93,500 a yearNew contract, May 2023: AED 98,175 a yearRenewal, May 2024: AED 98,865 a yearNew contract, March 2025: AED 125,000 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 309 sits

All 63 2-beds →

309 last sold in October 2022 at AED 994 per sqft, 4% below what two-beds in Vezul Residence were fetching at the time (AED 1,034). 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. 309's AED 125,000 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 →

309, Vezul Residence in numbers

  • Sold once: by the developer on 17 October 2022 for AED 1,425,825, or AED 994 per sqft.
  • Rented since April 2021 on 5 Ejari contracts, from AED 85,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2022 price is 8.8%, before a service charge of about AED 23,500 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 25 March 2025.

Questions about 309, Vezul Residence

What did unit 309 last sell for?

AED 1,425,825 on 17 October 2022, sold by the developer: AED 994 per sqft for 1,433 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 125,000 a year on the contract signed on 25 March 2025. The previous contract, from May 2024, was AED 98,865; the unit has been rented since April 2021.

How big is unit 309?

1,433 sqft (133.1 sqm): a two-bedroom apartment of a 14-storey tower completed in 2018.

What is unit 309 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 309, Vezul Residence

Starts from the last sale price (AED 1.43M, 17 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,425,825
Deposit, UAE resident (20%)
AED 285,165
Deposit, non-resident (40%)
AED 570,330
Monthly over 25 years at 3.7%
AED 5,833

Plus AED 64,895 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →