1-bed · 471 sqftZada Tower By Damac, Business Bay · 20th floor · completed 2023

2023, Zada Tower By Damac

Sold prices and rental history: sold 3 times, last in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2023 · DLD and Ejari recordsUpdated 15 August 2023
Last soldAED 1M15 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2023, Zada Tower By Damac

What is 2023 worth today?

Last sold for AED 1,000,000 in 2023

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15 Aug 2023SoldReady
AED 1,000,000AED 2,123 per sqft
26 Jun 2023SoldReady
AED 790,000AED 1,677 per sqft
10 Mar 2022Sold by developerOff-plan
AED 729,000AED 1,547 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2023.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
20th of 26
Parking
P3-35
Developer
DAMAC
Completed
2023
Service charge
AED 10,900 /yr
Last sold
AED 1M · August 2023

About 2023, Zada Tower By Damac

2023 is a one-bedroom apartment of 471 sqft on the 20th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 15 August 2023 for AED 1,000,000, or AED 2,123 per sqft, 20% above the AED 1,764 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2023 over time

Sales
Unit 2023, 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 1,547 per sqft)Sold, June 2023: AED 790,000 (AED 1,677 per sqft)Sold, August 2023: AED 1,000,000 (AED 2,123 per sqft)

2023 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2023, 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 80,000

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 2023 sits

All 670 1-beds →

2023 last sold in August 2023 at AED 2,123 per sqft, 20% above what one-beds in Zada Tower By Damac were fetching at the time (AED 1,764). 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.

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

2023, Zada Tower By Damac in numbers

  • Sold 3 times: first on 10 March 2022 for AED 729,000, last on 15 August 2023 for AED 1,000,000 (AED 2,123 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 15 August 2023.

Questions about 2023, Zada Tower By Damac

What did unit 2023 last sell for?

AED 1,000,000 on 15 August 2023: AED 2,123 per sqft for 471 sqft. The unit has 3 registered sales; the first was AED 729,000 in March 2022.

How big is unit 2023?

471 sqft (43.8 sqm): a one-bedroom apartment on the 20th floor of a 26-storey tower completed in 2023.

What is unit 2023 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 2023, Zada Tower By Damac

Starts from the last sale price (AED 1M, 15 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →