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2-bed · 1,488 sqftVezul Residence, Business Bay · completed 2018

705, Vezul Residence

Sold prices and rental history: sold once, by the developer in May 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 5 October 2025
Last soldAED 1.64M5 May 2023
Current rentAED 140K /yr5 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 705, Vezul Residence

What is 705 worth today?

Last sold for AED 1,636,800 in 2023

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5 Oct 2025RentedNew contract
AED 140,000/yr12 months · AED 94 per sqft
15 Sep 2023RentedNew contract
AED 130,000/yr12 months · AED 88 per sqft
5 May 2023Sold by developerReady
AED 1,636,800AED 1,099 per sqft
5 Dec 2022RentedRenewal
AED 104,000/yr6 months · AED 70 per sqft
5 Nov 2021RentedNew contract
AED 104,000/yr13 months · AED 70 per sqft
20 Sep 2020RentedNew contract
AED 85,000/yr13 months · AED 57 per sqft
14 Aug 2019RentedNew contract
AED 100,000/yr13 months · AED 67 per sqft

Source: Dubai Land Department. Updated 5 October 2025.

Key facts

Type
2-bed apartment
Size
1,488 sqft
Parking
B2-28,B2-75
Completed
2018
Service charge
AED 24,400 /yr
Last sold
AED 1.64M · May 2023
Building
Vezul Residence

About 705, Vezul Residence

705 is a two-bedroom apartment of 1,488 sqft of Vezul Residence, a 14-storey tower in Business Bay completed in 2018. The developer sold it on 5 May 2023 for AED 1,636,800, or AED 1,099 per sqft, 4% above the AED 1,057 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 5 October 2025, is AED 140,000 a year: a gross yield of 8.6% on the 2023 price, before the service charge of about AED 24,400 a year.

Sales and rents for 705 over time

Sales
Unit 705, 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, May 2023: AED 1,636,800 (AED 1,099 per sqft)

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

Rents
Unit 705, 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, August 2019: AED 100,000 a yearNew contract, September 2020: AED 85,000 a yearNew contract, November 2021: AED 104,000 a yearRenewal, December 2022: AED 104,000 a yearNew contract, September 2023: AED 130,000 a yearNew contract, October 2025: AED 140,000 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 705 sits

All 63 2-beds →

705 last sold in May 2023 at AED 1,099 per sqft, 4% above what two-beds in Vezul Residence were fetching at the time (AED 1,057). 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. 705's AED 140,000 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 →

705, Vezul Residence in numbers

  • Sold once: by the developer on 5 May 2023 for AED 1,636,800, or AED 1,099 per sqft.
  • Rented since August 2019 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 85,000 in 2020 and recovered to AED 140,000 by October 2025.
  • At AED 140,000 a year the gross yield on the 2023 price is 8.6%, before a service charge of about AED 24,400 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 5 October 2025.

Questions about 705, Vezul Residence

What did unit 705 last sell for?

AED 1,636,800 on 5 May 2023, sold by the developer: AED 1,099 per sqft for 1,488 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 140,000 a year on the contract signed on 5 October 2025. The previous contract, from September 2023, was AED 130,000; the unit has been rented since August 2019.

How big is unit 705?

1,488 sqft (138.2 sqm): a two-bedroom apartment of a 14-storey tower completed in 2018.

What is unit 705 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 705, Vezul Residence

Starts from the last sale price (AED 1.64M, 5 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,636,800
Deposit, UAE resident (20%)
AED 327,360
Deposit, non-resident (40%)
AED 654,720
Monthly over 25 years at 3.7%
AED 6,697

Plus AED 73,756 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →