507, Vezul Residence
Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Vezul Residence
What is 507 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 2 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 778 sqft
- Parking
- B1-98
- Completed
- 2018
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.23M · November 2023
- Building
- Vezul Residence
About 507, Vezul Residence
507 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 16 November 2023 for AED 1,230,000, or AED 1,581 per sqft, 19% above the AED 1,333 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 2 March 2025, is AED 90,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 12,700 a year.
Sales and rents for 507 over time
507 has sold twice; 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 507 sits
All 62 1-beds →507 last sold in November 2023 at AED 1,581 per sqft, 19% above 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. 507's AED 90,000 is in the upper half 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%
507, Vezul Residence in numbers
- Sold twice: first on 13 October 2022 for AED 979,000, last on 16 November 2023 for AED 1,230,000 (AED 1,581 per sqft).
- Rented since November 2020 on 6 Ejari contracts, from AED 73,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2023 price is 7.3%, 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 2 March 2025.
Questions about 507, Vezul Residence
What did unit 507 last sell for?
AED 1,230,000 on 16 November 2023: AED 1,581 per sqft for 778 sqft. The unit has 2 registered sales; the first was AED 979,000 in October 2022.
What is the rent for unit 507?
AED 90,000 a year on the contract signed on 2 March 2025. The previous contract, from August 2024, was AED 98,167; the unit has been rented since November 2020.
How big is unit 507?
778 sqft (72.3 sqm): a one-bedroom apartment of a 14-storey tower completed in 2018.
What is unit 507 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.
Selling 507? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 507, Vezul Residence
Starts from the last sale price (AED 1.23M, 16 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,230,000
- Deposit, UAE resident (20%)
- AED 246,000
- Deposit, non-resident (40%)
- AED 492,000
- Monthly over 25 years at 3.7%
- AED 5,032
Plus AED 56,670 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →