1-bed · 470 sqftZada Tower By Damac, Business Bay · 12th floor · completed 2023

1208, Zada Tower By Damac

Sold prices and rental history: sold once, by the developer in November 2019, and rented once, from June 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1208 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 728K7 November 2019
Current rentAED 70K /yr10 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, Zada Tower By Damac

What is 1208 worth today?

Last sold for AED 728,000 in 2019

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10 Jun 2024RentedNew contract
AED 70,000/yr12 months · AED 149 per sqft
7 Nov 2019Sold by developerOff-plan
AED 728,000AED 1,548 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 June 2024.

Key facts

Type
1-bed apartment
Size
470 sqft
Floor
12th of 26
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 10,900 /yr
Last sold
AED 728K · November 2019

About 1208, Zada Tower By Damac

1208 is a one-bedroom apartment of 470 sqft on the 12th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 7 November 2019 for AED 728,000, or AED 1,548 per sqft, in line with the AED 1,549 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 June 2024. The current contract, signed on 10 June 2024, is AED 70,000 a year: a gross yield of 9.6% on the 2019 price, before the service charge of about AED 10,900 a year.

Sales and rents for 1208 over time

Sales
Unit 1208, each saleTypical one-bed in Zada Tower By Damac
800K1M20192021202320252027Typical sale price by year: 2019 AED 732,500; 2020 AED 722,260; 2021 AED 724,000; 2022 AED 732,000; 2023 AED 850,810; 2024 AED 980,000; 2025 AED 1,000,000; 2026 AED 1,050,000Sold by developer, November 2019: AED 728,000 (AED 1,548 per sqft)

1208 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1208, each contractTypical one-bed in Zada Tower By Damac
70K75K80K20232024202520262027Typical rent by year: 2023 AED 80,000; 2024 AED 75,000; 2025 AED 78,500; 2026 AED 80,000New contract, June 2024: AED 70,000 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 Zada Tower By Damac, and where 1208 sits

All 670 1-beds →

1208 last sold in November 2019 at AED 1,548 per sqft, in line with what one-beds in Zada Tower By Damac were fetching at the time (AED 1,549). Over the last 12 months one-beds sold for AED 400,000 to 1,275,000, around AED 2,218 per sqft, and rent for AED 12,000 to 100,000 a year. 1208's AED 70,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Feb 20261,055,000
11 Feb 20261,050,000
6 Feb 20261,050,000
5 Feb 2026950,000
20 1-bed sales in the last 12 months

Zada Tower By Damac

Building

698 apartments, 1-bed over 26 floors in Business Bay, completed in 2023 by DAMAC. 20 sold in the last 12 months.

Typical price per sqft
AED 2,218 Up 5.4%
Typical sale
AED 1.05M
Typical rent
AED 80K /yr
Typical yield
7.4%
Zada Tower By Damac, Business Bay: prices, sales and rents →

Other units on the 12th floor

All 698 units in Zada Tower By Damac
Value
12011-bedAED 940K · Nov 2024
12021-bedAED 850K · Nov 2023
12031-bedAED 710K · Jan 2020
12041-bedAED 722K · Oct 2019
12051-bedAED 1.05M · Feb 2025
12061-bedAED 717K · Feb 2020
12071-bedAED 980K · Jan 2025
1–7 of 26

1208, Zada Tower By Damac in numbers

  • Sold once: by DAMAC on 7 November 2019 for AED 728,000, or AED 1,548 per sqft.
  • Rented since June 2024 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2019 price is 9.6%, before a service charge of about AED 10,900 a year (AED 23.22 per sqft).
  • One-beds in Zada Tower By Damac sold for AED 400,000–1,275,000 in the 12 months to November 2026; the building's median across all types is AED 2,218 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 10 June 2024.

Questions about 1208, Zada Tower By Damac

What did unit 1208 last sell for?

AED 728,000 on 7 November 2019, sold by the developer: AED 1,548 per sqft for 470 sqft. It is the only registered sale of the unit.

What is the rent for unit 1208?

AED 70,000 a year on the contract signed on 10 June 2024.

How big is unit 1208?

470 sqft (43.7 sqm): a one-bedroom apartment on the 12th floor of a 26-storey tower completed in 2023.

What is unit 1208 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Zada Tower By Damac sold for AED 400,000 to 1,275,000 in the last 12 months, around AED 2,218 per sqft.

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Mortgage on 1208, Zada Tower By Damac

Starts from the last sale price (AED 728K, 7 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 728,000
Deposit, UAE resident (20%)
AED 145,600
Deposit, non-resident (40%)
AED 291,200
Monthly over 25 years at 3.7%
AED 2,978

Plus AED 35,586 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →