1-bed · 525 sqftZada Tower By Damac, Business Bay · 17th floor · completed 2023

1709, 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 1709 · DLD and Ejari recordsUpdated 12 December 2024
Last soldAED 821K7 November 2019
Current rentAED 85K /yr12 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1709, Zada Tower By Damac

What is 1709 worth today?

Last sold for AED 821,000 in 2019

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12 Dec 2024RentedNew contract
AED 85,000/yr12 months · AED 162 per sqft
27 Apr 2023RentedNew contract
AED 81,000/yr12 months · AED 154 per sqft
7 Nov 2019Sold by developerOff-plan
AED 821,000AED 1,563 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 December 2024.

Key facts

Type
1-bed apartment
Size
525 sqft
Floor
17th of 26
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 12,200 /yr
Last sold
AED 821K · November 2019

About 1709, Zada Tower By Damac

1709 is a one-bedroom apartment of 525 sqft on the 17th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 7 November 2019 for AED 821,000, or AED 1,563 per sqft, in line with the AED 1,549 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 12 December 2024, is AED 85,000 a year: a gross yield of 10.3% on the 2019 price, before the service charge of about AED 12,200 a year.

Sales and rents for 1709 over time

Sales
Unit 1709, 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 821,000 (AED 1,563 per sqft)

1709 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1709, 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, April 2023: AED 81,000 a yearNew contract, December 2024: AED 85,000 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 1709 sits

All 670 1-beds →

1709 last sold in November 2019 at AED 1,563 per sqft, in line with what one-beds in Zada Tower By Damac were fetching at the time (AED 1,549). 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. 1709's AED 85,000 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 17th floor

All 698 units in Zada Tower By Damac
Value
17011-bedAED 720K · Mar 2025
17021-bedAED 719K · Oct 2019
17031-bedAED 719K · Nov 2019
17041-bedAED 731K · Sep 2019
17051-bedAED 920K · Jan 2024
17061-bedAED 1M · May 2024
17071-bedAED 733K · Nov 2019
1–7 of 26

1709, Zada Tower By Damac in numbers

  • Sold once: by DAMAC on 7 November 2019 for AED 821,000, or AED 1,563 per sqft.
  • Rented since April 2023 on 2 Ejari contracts, from AED 81,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2019 price is 10.3%, before a service charge of about AED 12,200 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 12 December 2024.

Questions about 1709, Zada Tower By Damac

What did unit 1709 last sell for?

AED 821,000 on 7 November 2019, sold by the developer: AED 1,563 per sqft for 525 sqft. It is the only registered sale of the unit.

What is the rent for unit 1709?

AED 85,000 a year on the contract signed on 12 December 2024. The previous contract, from April 2023, was AED 81,000.

How big is unit 1709?

525 sqft (48.8 sqm): a one-bedroom apartment on the 17th floor of a 26-storey tower completed in 2023.

What is unit 1709 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 1709, Zada Tower By Damac

Starts from the last sale price (AED 821K, 7 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 821,000
Deposit, UAE resident (20%)
AED 164,200
Deposit, non-resident (40%)
AED 328,400
Monthly over 25 years at 3.7%
AED 3,359

Plus AED 39,492 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →