Home
Dubai prices
About
Research
1-bed · 476 sqftZada Tower By Damac, Business Bay · 12th floor · completed 2023

1224, Zada Tower By Damac

Sold prices and rental history: sold twice, last in October 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1224 · DLD and Ejari recordsUpdated 9 July 2025
Last soldAED 800K9 October 2023
Current rentAED 80K /yr9 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1224, Zada Tower By Damac

What is 1224 worth today?

Last sold for AED 800,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Jul 2025RentedNew contract
AED 80,000/yr12 months · AED 168 per sqft
20 Dec 2024RentedNew contract
AED 85,000/yr12 months · AED 179 per sqft
9 Oct 2023SoldReady
AED 800,000AED 1,681 per sqft
17 Mar 2020Sold by developerOff-plan
AED 750,000AED 1,576 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 July 2025.

Key facts

Type
1-bed apartment
Size
476 sqft
Floor
12th of 26
Parking
B2-62
Developer
DAMAC
Completed
2023
Service charge
AED 11,000 /yr
Last sold
AED 800K · October 2023
Building
Zada Tower By Damac

About 1224, Zada Tower By Damac

1224 is a one-bedroom apartment of 476 sqft on the 12th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 9 October 2023 for AED 800,000, or AED 1,681 per sqft, 6% below the AED 1,780 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 9 July 2025, is AED 80,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 11,000 a year.

Sales and rents for 1224 over time

Sales
Unit 1224, 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, March 2020: AED 750,000 (AED 1,576 per sqft)Sold, October 2023: AED 800,000 (AED 1,681 per sqft)

1224 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1224, each contractTypical one-bed in Zada Tower By Damac
75K80K85K20232024202520262027Typical rent by year: 2023 AED 80,000; 2024 AED 75,000; 2025 AED 78,500; 2026 AED 80,000New contract, December 2024: AED 85,000 a yearNew contract, July 2025: AED 80,000 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 1224 sits

All 670 1-beds →

1224 last sold in October 2023 at AED 1,681 per sqft, 6% below what one-beds in Zada Tower By Damac were fetching at the time (AED 1,780). 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. 1224's AED 80,000 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

1224, Zada Tower By Damac in numbers

  • Sold twice: first on 17 March 2020 for AED 750,000, last on 9 October 2023 for AED 800,000 (AED 1,681 per sqft).
  • Rented since December 2024 on 2 Ejari contracts, from AED 85,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 10.0%, before a service charge of about AED 11,000 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 9 July 2025.

Questions about 1224, Zada Tower By Damac

What did unit 1224 last sell for?

AED 800,000 on 9 October 2023: AED 1,681 per sqft for 476 sqft. The unit has 2 registered sales; the first was AED 750,000 in March 2020.

What is the rent for unit 1224?

AED 80,000 a year on the contract signed on 9 July 2025. The previous contract, from December 2024, was AED 85,000.

How big is unit 1224?

476 sqft (44.2 sqm): a one-bedroom apartment on the 12th floor of a 26-storey tower completed in 2023.

What is unit 1224 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.

Selling 1224? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1224, Zada Tower By Damac

Starts from the last sale price (AED 800K, 9 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →