601, Vezul Residence
Sold prices and rental history: sold once, by the developer in August 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 601, Vezul Residence
What is 601 worth today?
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Source: Dubai Land Department. Updated 15 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,399 sqft
- Parking
- B2-24
- Completed
- 2018
- Service charge
- AED 22,900 /yr
- Last sold
- AED 1.41M · August 2022
- Building
- Vezul Residence
About 601, Vezul Residence
601 is a two-bedroom apartment of 1,399 sqft of Vezul Residence, a 14-storey tower in Business Bay completed in 2018. The developer sold it on 25 August 2022 for AED 1,405,000, or AED 1,004 per sqft, 4% below the AED 1,051 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 15 March 2025, is AED 130,000 a year: a gross yield of 9.3% on the 2022 price, before the service charge of about AED 22,900 a year.
Sales and rents for 601 over time
601 has sold once; the dashed line is the two-bed median of each year in the building.
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 601 sits
All 63 2-beds →601 last sold in August 2022 at AED 1,004 per sqft, 4% below what two-beds in Vezul Residence were fetching at the time (AED 1,051). 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. 601's AED 130,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jul 202510 July 2025 | 1,388 sqft | 1,900,000 | 1,368 | ||
| 6 Dec 20246 December 2024 | 1,360 sqft | 1,950,000 | 1,433 | ||
| 12 Nov 202412 November 2024 | 1,388 sqft | 2,050,000 | 1,476 | ||
| 23 Aug 202423 August 2024 | 1,460 sqft | 2,000,000 | 1,369 |
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%
601, Vezul Residence in numbers
- Sold once: by the developer on 25 August 2022 for AED 1,405,000, or AED 1,004 per sqft.
- Rented since September 2019 on 6 Ejari contracts, from AED 90,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2022 price is 9.3%, before a service charge of about AED 22,900 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 15 March 2025.
Questions about 601, Vezul Residence
What did unit 601 last sell for?
AED 1,405,000 on 25 August 2022, sold by the developer: AED 1,004 per sqft for 1,399 sqft. It is the only registered sale of the unit.
What is the rent for unit 601?
AED 130,000 a year on the contract signed on 15 March 2025. The previous contract, from February 2024, was AED 135,000; the unit has been rented since September 2019.
How big is unit 601?
1,399 sqft (130.0 sqm): a two-bedroom apartment of a 14-storey tower completed in 2018.
What is unit 601 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 601, Vezul Residence
Starts from the last sale price (AED 1.41M, 25 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,405,000
- Deposit, UAE resident (20%)
- AED 281,000
- Deposit, non-resident (40%)
- AED 562,000
- Monthly over 25 years at 3.7%
- AED 5,748
Plus AED 64,020 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →