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1,822 sqftVezul Residence, Business Bay · completed 2018

808, Vezul Residence

Sold prices and rental history: sold once, by the developer in January 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 808 · DLD and Ejari recordsUpdated 4 January 2023
Last soldAED 2.08M4 January 2023
Current rentAED 155K /yr30 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 808, Vezul Residence

What is 808 worth today?

Last sold for AED 2,081,916 in 2023

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4 Jan 2023Sold by developerReady
AED 2,081,916AED 1,142 per sqft
30 Sep 2022RentedNew contract
AED 155,000/yr12 months · AED 85 per sqft
1 Jun 2021RentedNew contract
AED 125,000/yr13 months · AED 69 per sqft

Source: Dubai Land Department. Updated 4 January 2023.

Key facts

Type
Apartment
Size
1,822 sqft
Parking
B1-49, B1-50
Completed
2018
Service charge
AED 29,800 /yr
Last sold
AED 2.08M · January 2023
Building
Vezul Residence

About 808, Vezul Residence

808 is an apartment of 1,822 sqft of Vezul Residence, a 14-storey tower in Business Bay completed in 2018. The developer sold it on 4 January 2023 for AED 2,081,916, or AED 1,142 per sqft.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 30 September 2022, is AED 155,000 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 29,800 a year.

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 →

808, Vezul Residence in numbers

  • Sold once: by the developer on 4 January 2023 for AED 2,081,916, or AED 1,142 per sqft.
  • Rented since June 2021 on 2 Ejari contracts, from AED 125,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2023 price is 7.4%, before a service charge of about AED 29,800 a year (AED 16.38 per sqft).

Source: Dubai Land Department. Updated 4 January 2023.

Questions about 808, Vezul Residence

What did unit 808 last sell for?

AED 2,081,916 on 4 January 2023, sold by the developer: AED 1,142 per sqft for 1,822 sqft. It is the only registered sale of the unit.

What is the rent for unit 808?

AED 155,000 a year on the contract signed on 30 September 2022. The previous contract, from June 2021, was AED 125,000.

How big is unit 808?

1,822 sqft (169.3 sqm): an apartment of a 14-storey tower completed in 2018.

What is unit 808 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 808, Vezul Residence

Starts from the last sale price (AED 2.08M, 4 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,081,916
Deposit, UAE resident (20%)
AED 416,383
Deposit, non-resident (40%)
AED 832,766
Monthly over 25 years at 3.7%
AED 8,518

Plus AED 92,451 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →