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1-bed · 473 sqftZada Tower By Damac, Business Bay · 15th floor · completed 2023

1501, Zada Tower By Damac

Sold prices and rental history: sold once, by the developer in March 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 25 September 2025
Last soldAED 716K31 March 2020
Current rentAED 80K /yr25 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, Zada Tower By Damac

What is 1501 worth today?

Last sold for AED 716,000 in 2020

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25 Sep 2025RentedRenewal
AED 80,000/yr12 months · AED 169 per sqft
25 Sep 2024RentedNew contract
AED 75,000/yr12 months · AED 159 per sqft
31 Mar 2020Sold by developerOff-plan
AED 716,000AED 1,514 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 September 2025.

Key facts

Type
1-bed apartment
Size
473 sqft
Floor
15th of 26
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 11,000 /yr
Last sold
AED 716K · March 2020
Building
Zada Tower By Damac

About 1501, Zada Tower By Damac

1501 is a one-bedroom apartment of 473 sqft on the 15th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 31 March 2020 for AED 716,000, or AED 1,514 per sqft, in line with the AED 1,538 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 25 September 2025, is AED 80,000 a year: a gross yield of 11.2% on the 2020 price, before the service charge of about AED 11,000 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, 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 716,000 (AED 1,514 per sqft)

1501 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1501, each contractTypical one-bed in Zada Tower By Damac
75K78K80K20232024202520262027Typical rent by year: 2023 AED 80,000; 2024 AED 75,000; 2025 AED 78,500; 2026 AED 80,000New contract, September 2024: AED 75,000 a yearRenewal, September 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 1501 sits

All 670 1-beds →

1501 last sold in March 2020 at AED 1,514 per sqft, in line with what one-beds in Zada Tower By Damac were fetching at the time (AED 1,538). 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. 1501'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 15th floor

All 698 units in Zada Tower By Damac
Value
15021-bedAED 699K · Mar 2020
1503AED 980K · Aug 2025
15041-bedAED 723K · Mar 2020
15051-bedAED 722K · Mar 2020
15061-bedAED 980K · Oct 2023
15071-bedAED 722K · Mar 2020
15081-bedAED 950K · Mar 2025
1–7 of 26

1501, Zada Tower By Damac in numbers

  • Sold once: by DAMAC on 31 March 2020 for AED 716,000, or AED 1,514 per sqft.
  • Rented since September 2024 on 2 Ejari contracts, from AED 75,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2020 price is 11.2%, 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 25 September 2025.

Questions about 1501, Zada Tower By Damac

What did unit 1501 last sell for?

AED 716,000 on 31 March 2020, sold by the developer: AED 1,514 per sqft for 473 sqft. It is the only registered sale of the unit.

What is the rent for unit 1501?

AED 80,000 a year on the contract renewed on 25 September 2025. The previous contract, from September 2024, was AED 75,000.

How big is unit 1501?

473 sqft (43.9 sqm): a one-bedroom apartment on the 15th floor of a 26-storey tower completed in 2023.

What is unit 1501 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 1501, Zada Tower By Damac

Starts from the last sale price (AED 716K, 31 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 716,000
Deposit, UAE resident (20%)
AED 143,200
Deposit, non-resident (40%)
AED 286,400
Monthly over 25 years at 3.7%
AED 2,929

Plus AED 35,082 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →