1-bed · 909 sqftVezul Residence, Business Bay · completed 2018

604, Vezul Residence

Sold prices and rental history: sold once, by the developer in January 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 20 April 2025
Last soldAED 1.14M4 January 2023
Current rentAED 90K /yr20 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Vezul Residence

What is 604 worth today?

Last sold for AED 1,139,750 in 2023

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20 Apr 2025RentedNew contract
AED 90,000/yr12 months · AED 99 per sqft
20 Apr 2024RentedRenewal
AED 90,480/yr12 months · AED 100 per sqft
20 Apr 2023RentedNew contract
AED 87,000/yr12 months · AED 96 per sqft
4 Jan 2023Sold by developerReady
AED 1,139,750AED 1,254 per sqft
7 Sep 2021RentedNew contract
AED 71,500/yr13 months · AED 79 per sqft
15 Jun 2021RentedNew contract
AED 70,000/yr13 months · AED 77 per sqft
23 Feb 2020RentedNew contract
AED 73,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 20 April 2025.

Key facts

Type
1-bed apartment
Size
909 sqft
Parking
B1-19
Completed
2018
Service charge
AED 14,900 /yr
Last sold
AED 1.14M · January 2023

About 604, Vezul Residence

604 is a one-bedroom apartment of 909 sqft of Vezul Residence, a 14-storey tower in Business Bay completed in 2018. The developer sold it on 4 January 2023 for AED 1,139,750, or AED 1,254 per sqft, 8% below the AED 1,368 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 20 April 2025, is AED 90,000 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 14,900 a year.

Sales and rents for 604 over time

Sales
Unit 604, 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, January 2023: AED 1,139,750 (AED 1,254 per sqft)

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

Rents
Unit 604, 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, February 2020: AED 73,000 a yearNew contract, June 2021: AED 70,000 a yearNew contract, September 2021: AED 71,500 a yearNew contract, April 2023: AED 87,000 a yearRenewal, April 2024: AED 90,480 a yearNew contract, April 2025: AED 90,000 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 604 sits

All 62 1-beds →

604 last sold in January 2023 at AED 1,254 per sqft, 8% below what one-beds in Vezul Residence were fetching at the time (AED 1,368). 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. 604's AED 90,000 is in the upper 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
19 Feb 20251,320,000
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 →

604, Vezul Residence in numbers

  • Sold once: by the developer on 4 January 2023 for AED 1,139,750, or AED 1,254 per sqft.
  • Rented since February 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 7.9%, before a service charge of about AED 14,900 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 20 April 2025.

Questions about 604, Vezul Residence

What did unit 604 last sell for?

AED 1,139,750 on 4 January 2023, sold by the developer: AED 1,254 per sqft for 909 sqft. It is the only registered sale of the unit.

What is the rent for unit 604?

AED 90,000 a year on the contract signed on 20 April 2025. The previous contract, from April 2024, was AED 90,480; the unit has been rented since February 2020.

How big is unit 604?

909 sqft (84.4 sqm): a one-bedroom apartment of a 14-storey tower completed in 2018.

What is unit 604 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 604, Vezul Residence

Starts from the last sale price (AED 1.14M, 4 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,139,750
Deposit, UAE resident (20%)
AED 227,950
Deposit, non-resident (40%)
AED 455,900
Monthly over 25 years at 3.7%
AED 4,663

Plus AED 52,880 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →