1-bed · 469 sqftZada Tower By Damac, Business Bay · 13th floor · completed 2023

1306, Zada Tower By Damac

Sold prices and rental history: sold once, by the developer in January 2021, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1306 · DLD and Ejari recordsUpdated 26 August 2024
Last soldAED 722K20 January 2021
Current rentAED 84K /yr26 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1306, Zada Tower By Damac

What is 1306 worth today?

Last sold for AED 722,000 in 2021

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26 Aug 2024RentedRenewal
AED 84,000/yr12 months · AED 177 per sqft
20 Jan 2021Sold by developerOff-plan
AED 722,000AED 1,540 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 August 2024.

Key facts

Type
1-bed apartment
Size
469 sqft
Floor
13th of 26
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 10,900 /yr
Last sold
AED 722K · January 2021

About 1306, Zada Tower By Damac

1306 is a one-bedroom apartment of 469 sqft on the 13th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 20 January 2021 for AED 722,000, or AED 1,540 per sqft, in line with the AED 1,528 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 August 2024. The current contract, renewed on 26 August 2024, is AED 84,000 a year: a gross yield of 11.6% on the 2021 price, before the service charge of about AED 10,900 a year.

Sales and rents for 1306 over time

Sales
Unit 1306, 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, January 2021: AED 722,000 (AED 1,540 per sqft)

1306 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1306, 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 80,000Renewal, August 2024: AED 84,000 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 1306 sits

All 670 1-beds →

1306 last sold in January 2021 at AED 1,540 per sqft, in line with what one-beds in Zada Tower By Damac were fetching at the time (AED 1,528). 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. 1306's AED 84,000 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 13th floor

All 698 units in Zada Tower By Damac
Value
13011-bedAED 721K · Nov 2019
13021-bedAED 715K · Oct 2019
13031-bedAED 713K · Feb 2020
13041-bedAED 726K · Oct 2019
13051-bedAED 722K · Mar 2021
13071-bedAED 750K · Nov 2022
13081-bedAED 865K · Sep 2023
1–7 of 26

1306, Zada Tower By Damac in numbers

  • Sold once: by DAMAC on 20 January 2021 for AED 722,000, or AED 1,540 per sqft.
  • Rented since August 2024 on one Ejari contract, at AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2021 price is 11.6%, 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 26 August 2024.

Questions about 1306, Zada Tower By Damac

What did unit 1306 last sell for?

AED 722,000 on 20 January 2021, sold by the developer: AED 1,540 per sqft for 469 sqft. It is the only registered sale of the unit.

What is the rent for unit 1306?

AED 84,000 a year on the contract renewed on 26 August 2024.

How big is unit 1306?

469 sqft (43.6 sqm): a one-bedroom apartment on the 13th floor of a 26-storey tower completed in 2023.

What is unit 1306 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 1306, Zada Tower By Damac

Starts from the last sale price (AED 722K, 20 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 722,000
Deposit, UAE resident (20%)
AED 144,400
Deposit, non-resident (40%)
AED 288,800
Monthly over 25 years at 3.7%
AED 2,954

Plus AED 35,334 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →