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1-bed · 471 sqftZada Tower By Damac, Business Bay · 18th floor · completed 2023

1823, Zada Tower By Damac

Sold prices and rental history: sold once, by the developer in May 2022, and rented once, from July 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1823 · DLD and Ejari recordsUpdated 20 July 2024
Last soldAED 802K12 May 2022
Current rentAED 80K /yr20 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1823, Zada Tower By Damac

What is 1823 worth today?

Last sold for AED 801,900 in 2022

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20 Jul 2024RentedNew contract
AED 80,000/yr12 months · AED 169 per sqft
12 May 2022Sold by developerOff-plan
AED 801,900AED 1,702 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 July 2024.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
18th of 26
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 10,900 /yr
Last sold
AED 802K · May 2022
Building
Zada Tower By Damac

About 1823, Zada Tower By Damac

1823 is a one-bedroom apartment of 471 sqft on the 18th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 12 May 2022 for AED 801,900, or AED 1,702 per sqft, 11% above the AED 1,540 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 July 2024. The current contract, signed on 20 July 2024, is AED 80,000 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 10,900 a year.

Sales and rents for 1823 over time

Sales
Unit 1823, 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, May 2022: AED 801,900 (AED 1,702 per sqft)

1823 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1823, 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, July 2024: 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 1823 sits

All 670 1-beds →

1823 last sold in May 2022 at AED 1,702 per sqft, 11% above what one-beds in Zada Tower By Damac were fetching at the time (AED 1,540). 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. 1823'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 18th floor

All 698 units in Zada Tower By Damac
Value
18011-bedAED 721K · Feb 2021
18021-bedAED 845K · Nov 2022
18031-bedAED 790K · Jul 2022
18041-bedAED 728K · Aug 2021
18051-bedAED 727K · Jun 2021
18061-bedAED 1M · Dec 2024
18071-bedAED 727K · Apr 2021
1–7 of 26

1823, Zada Tower By Damac in numbers

  • Sold once: by DAMAC on 12 May 2022 for AED 801,900, or AED 1,702 per sqft.
  • Rented since July 2024 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 10.0%, 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 20 July 2024.

Questions about 1823, Zada Tower By Damac

What did unit 1823 last sell for?

AED 801,900 on 12 May 2022, sold by the developer: AED 1,702 per sqft for 471 sqft. It is the only registered sale of the unit.

What is the rent for unit 1823?

AED 80,000 a year on the contract signed on 20 July 2024.

How big is unit 1823?

471 sqft (43.8 sqm): a one-bedroom apartment on the 18th floor of a 26-storey tower completed in 2023.

What is unit 1823 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 1823, Zada Tower By Damac

Starts from the last sale price (AED 802K, 12 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 801,900
Deposit, UAE resident (20%)
AED 160,380
Deposit, non-resident (40%)
AED 320,760
Monthly over 25 years at 3.7%
AED 3,281

Plus AED 38,690 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →