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1-bed · 471 sqftZada Tower By Damac, Business Bay · 21st floor · completed 2023

2123, Zada Tower By Damac

Sold prices and rental history: sold twice, last in September 2023, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2123 · DLD and Ejari recordsUpdated 14 October 2024
Last soldAED 890K1 September 2023
Current rentAED 82K /yr14 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2123, Zada Tower By Damac

What is 2123 worth today?

Last sold for AED 890,000 in 2023

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14 Oct 2024RentedNew contract
AED 82,000/yr12 months · AED 174 per sqft
1 Sep 2023SoldReady
AED 890,000AED 1,889 per sqft
11 Jul 2021Sold by developerOff-plan
AED 729,000AED 1,547 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 October 2024.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
21st of 26
Parking
P2-73
Developer
DAMAC
Completed
2023
Service charge
AED 10,900 /yr
Last sold
AED 890K · September 2023
Building
Zada Tower By Damac

About 2123, Zada Tower By Damac

2123 is a one-bedroom apartment of 471 sqft on the 21st floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 1 September 2023 for AED 890,000, or AED 1,889 per sqft, 7% above the AED 1,768 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 14 October 2024. The current contract, signed on 14 October 2024, is AED 82,000 a year: a gross yield of 9.2% on the 2023 price, before the service charge of about AED 10,900 a year.

Sales and rents for 2123 over time

Sales
Unit 2123, 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, July 2021: AED 729,000 (AED 1,547 per sqft)Sold, September 2023: AED 890,000 (AED 1,889 per sqft)

2123 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2123, each contractTypical one-bed in Zada Tower By Damac
75K80K20232024202520262027Typical rent by year: 2023 AED 80,000; 2024 AED 75,000; 2025 AED 78,500; 2026 AED 80,000New contract, October 2024: AED 82,000 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 2123 sits

All 670 1-beds →

2123 last sold in September 2023 at AED 1,889 per sqft, 7% above what one-beds in Zada Tower By Damac were fetching at the time (AED 1,768). 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. 2123's AED 82,000 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 21st floor

All 698 units in Zada Tower By Damac
Value
21011-bedAED 721K · Feb 2021
21021-bedAED 718K · Nov 2021
21031-bedAED 718K · Dec 2021
21041-bedAED 728K · Feb 2022
21051-bedAED 727K · Jun 2021
21061-bedAED 727K · Oct 2021
21071-bedAED 870K · Jun 2023
1–7 of 26

2123, Zada Tower By Damac in numbers

  • Sold twice: first on 11 July 2021 for AED 729,000, last on 1 September 2023 for AED 890,000 (AED 1,889 per sqft).
  • Rented since October 2024 on one Ejari contract, at AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2023 price is 9.2%, 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 14 October 2024.

Questions about 2123, Zada Tower By Damac

What did unit 2123 last sell for?

AED 890,000 on 1 September 2023: AED 1,889 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 729,000 in July 2021.

What is the rent for unit 2123?

AED 82,000 a year on the contract signed on 14 October 2024.

How big is unit 2123?

471 sqft (43.8 sqm): a one-bedroom apartment on the 21st floor of a 26-storey tower completed in 2023.

What is unit 2123 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 2123, Zada Tower By Damac

Starts from the last sale price (AED 890K, 1 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 890,000
Deposit, UAE resident (20%)
AED 178,000
Deposit, non-resident (40%)
AED 356,000
Monthly over 25 years at 3.7%
AED 3,641

Plus AED 42,390 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →