1-bed · 472 sqftZada Tower By Damac, Business Bay · 20th floor · completed 2023

2017, Zada Tower By Damac

Sold prices and rental history: sold once, by the developer in March 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2017 · DLD and Ejari recordsUpdated 13 November 2024
Last soldAED 729K24 March 2022
Current rentAED 78K /yr13 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2017, Zada Tower By Damac

What is 2017 worth today?

Last sold for AED 729,000 in 2022

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13 Nov 2024RentedRenewal
AED 78,000/yr12 months · AED 165 per sqft
13 Nov 2023RentedNew contract
AED 78,000/yr12 months · AED 165 per sqft
24 Mar 2022Sold by developerOff-plan
AED 729,000AED 1,545 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 November 2024.

Key facts

Type
1-bed apartment
Size
472 sqft
Floor
20th of 26
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 11,000 /yr
Last sold
AED 729K · March 2022

About 2017, Zada Tower By Damac

2017 is a one-bedroom apartment of 472 sqft on the 20th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 24 March 2022 for AED 729,000, or AED 1,545 per sqft, in line with the AED 1,540 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 13 November 2024, is AED 78,000 a year: a gross yield of 10.7% on the 2022 price, before the service charge of about AED 11,000 a year.

Sales and rents for 2017 over time

Sales
Unit 2017, 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 2022: AED 729,000 (AED 1,545 per sqft)

2017 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2017, 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, November 2023: AED 78,000 a yearRenewal, November 2024: AED 78,000 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 2017 sits

All 670 1-beds →

2017 last sold in March 2022 at AED 1,545 per sqft, in line with 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. 2017's AED 78,000 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 20th floor

All 698 units in Zada Tower By Damac
Value
20011-bedAED 970K · Apr 2024
20021-bedAED 990K · Feb 2025
20031-bedAED 718K · Dec 2021
20041-bedAED 920K · Jul 2023
20051-bedAED 727K · Jun 2021
20061-bedAED 727K · Aug 2021
20071-bedAED 950K · May 2023
1–7 of 26

2017, Zada Tower By Damac in numbers

  • Sold once: by DAMAC on 24 March 2022 for AED 729,000, or AED 1,545 per sqft.
  • Rented since November 2023 on 2 Ejari contracts, at AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2022 price is 10.7%, 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 13 November 2024.

Questions about 2017, Zada Tower By Damac

What did unit 2017 last sell for?

AED 729,000 on 24 March 2022, sold by the developer: AED 1,545 per sqft for 472 sqft. It is the only registered sale of the unit.

What is the rent for unit 2017?

AED 78,000 a year on the contract renewed on 13 November 2024. The previous contract, from November 2023, was AED 78,000.

How big is unit 2017?

472 sqft (43.9 sqm): a one-bedroom apartment on the 20th floor of a 26-storey tower completed in 2023.

What is unit 2017 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 2017, Zada Tower By Damac

Starts from the last sale price (AED 729K, 24 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 729,000
Deposit, UAE resident (20%)
AED 145,800
Deposit, non-resident (40%)
AED 291,600
Monthly over 25 years at 3.7%
AED 2,983

Plus AED 35,628 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →