1-bed · 473 sqftZada Tower By Damac, Business Bay · 16th floor · completed 2023

1601, Zada Tower By Damac

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

Unit 1601 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 716K8 September 2020
Current rentAED 72K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Zada Tower By Damac

What is 1601 worth today?

Last sold for AED 716,000 in 2020

Unlock today's estimate, updated daily, with

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

1 Sep 2025RentedRenewal
AED 71,500/yr12 months · AED 151 per sqft
1 Sep 2024RentedRenewal
AED 71,500/yr12 months · AED 151 per sqft
8 Sep 2020Sold by developerOff-plan
AED 716,000AED 1,514 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2025.

Key facts

Type
1-bed apartment
Size
473 sqft
Floor
16th of 26
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 11,000 /yr
Last sold
AED 716K · September 2020

About 1601, Zada Tower By Damac

1601 is a one-bedroom apartment of 473 sqft on the 16th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 8 September 2020 for AED 716,000, or AED 1,514 per sqft, in line with the AED 1,535 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 1 September 2025, is AED 71,500 a year: a gross yield of 10.0% on the 2020 price, before the service charge of about AED 11,000 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, 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, September 2020: AED 716,000 (AED 1,514 per sqft)

1601 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1601, 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 80,000Renewal, September 2024: AED 71,500 a yearRenewal, September 2025: AED 71,500 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 1601 sits

All 670 1-beds →

1601 last sold in September 2020 at AED 1,514 per sqft, in line with what one-beds in Zada Tower By Damac were fetching at the time (AED 1,535). 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. 1601's AED 71,500 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 16th floor

All 698 units in Zada Tower By Damac
Value
16021-bedAED 841K · Feb 2023
16031-bedAED 713K · Dec 2020
16041-bedAED 900K · Dec 2023
1605AED 1.08M · Oct 2025
16061-bedAED 1.08M · Nov 2024
16071-bedAED 1M · Mar 2024
16081-bedAED 842K · Feb 2023
1–7 of 26

1601, Zada Tower By Damac in numbers

  • Sold once: by DAMAC on 8 September 2020 for AED 716,000, or AED 1,514 per sqft.
  • Rented since September 2024 on 2 Ejari contracts, at AED 71,500 a year.
  • At AED 71,500 a year the gross yield on the 2020 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 1 September 2025.

Questions about 1601, Zada Tower By Damac

What did unit 1601 last sell for?

AED 716,000 on 8 September 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 1601?

AED 71,500 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 71,500.

How big is unit 1601?

473 sqft (43.9 sqm): a one-bedroom apartment on the 16th floor of a 26-storey tower completed in 2023.

What is unit 1601 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 1601? 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 1601, Zada Tower By Damac

Starts from the last sale price (AED 716K, 8 September 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 →