1-bed · 471 sqftZada Tower By Damac, Business Bay · 15th floor · completed 2023

1522, Zada Tower By Damac

Sold prices and rental history: sold once, by the developer in November 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1522 · DLD and Ejari recordsUpdated 22 May 2024
Last soldAED 736K25 November 2019
Current rentAED 72K /yr22 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1522, Zada Tower By Damac

What is 1522 worth today?

Last sold for AED 736,000 in 2019

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22 May 2024RentedRenewal
AED 72,000/yr12 months · AED 153 per sqft
22 May 2023RentedNew contract
AED 72,000/yr12 months · AED 153 per sqft
24 Apr 2023RentedNew contract
AED 81,000/yr12 months · AED 172 per sqft
25 Nov 2019Sold by developerOff-plan
AED 736,000AED 1,562 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 May 2024.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
15th of 26
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 10,900 /yr
Last sold
AED 736K · November 2019

About 1522, Zada Tower By Damac

1522 is a one-bedroom apartment of 471 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 25 November 2019 for AED 736,000, or AED 1,562 per sqft, in line with the AED 1,548 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 22 May 2024, is AED 72,000 a year: a gross yield of 9.8% on the 2019 price, before the service charge of about AED 10,900 a year.

Sales and rents for 1522 over time

Sales
Unit 1522, 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 736,000 (AED 1,562 per sqft)

1522 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1522, each contractTypical one-bed in Zada Tower By Damac
75K80K20232024202520262027Typical rent by year: 2023 AED 80,000; 2024 AED 75,000; 2025 AED 78,500; 2026 AED 80,000New contract, April 2023: AED 81,000 a yearNew contract, May 2023: AED 72,000 a yearRenewal, May 2024: AED 72,000 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 1522 sits

All 670 1-beds →

1522 last sold in November 2019 at AED 1,562 per sqft, in line with what one-beds in Zada Tower By Damac were fetching at the time (AED 1,548). 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. 1522's AED 72,000 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
15011-bedAED 716K · Mar 2020
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
1–7 of 26

1522, Zada Tower By Damac in numbers

  • Sold once: by DAMAC on 25 November 2019 for AED 736,000, or AED 1,562 per sqft.
  • Rented since April 2023 on 3 Ejari contracts, from AED 81,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2019 price is 9.8%, 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 22 May 2024.

Questions about 1522, Zada Tower By Damac

What did unit 1522 last sell for?

AED 736,000 on 25 November 2019, sold by the developer: AED 1,562 per sqft for 471 sqft. It is the only registered sale of the unit.

What is the rent for unit 1522?

AED 72,000 a year on the contract renewed on 22 May 2024. The previous contract, from May 2023, was AED 72,000; the unit has been rented since April 2023.

How big is unit 1522?

471 sqft (43.8 sqm): a one-bedroom apartment on the 15th floor of a 26-storey tower completed in 2023.

What is unit 1522 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 1522, Zada Tower By Damac

Starts from the last sale price (AED 736K, 25 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 736,000
Deposit, UAE resident (20%)
AED 147,200
Deposit, non-resident (40%)
AED 294,400
Monthly over 25 years at 3.7%
AED 3,011

Plus AED 35,922 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →