Home
Dubai prices
About
Research
1-bed · 470 sqftZada Tower By Damac, Business Bay · 23rd floor · completed 2023

2302, Zada Tower By Damac

Sold prices and rental history: sold once, by the developer in November 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2302 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 713K22 November 2021
Current rentAED 74K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2302, Zada Tower By Damac

What is 2302 worth today?

Last sold for AED 713,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Oct 2024RentedRenewal
AED 73,500/yr12 months · AED 156 per sqft
1 Oct 2023RentedNew contract
AED 70,000/yr12 months · AED 149 per sqft
23 May 2023RentedNew contract
AED 81,000/yr12 months · AED 172 per sqft
22 Nov 2021Sold by developerOff-plan
AED 713,000AED 1,515 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
470 sqft
Floor
23rd of 26
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 10,900 /yr
Last sold
AED 713K · November 2021
Building
Zada Tower By Damac

About 2302, Zada Tower By Damac

2302 is a one-bedroom apartment of 470 sqft on the 23rd floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 22 November 2021 for AED 713,000, or AED 1,515 per sqft, in line with the AED 1,534 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 73,500 a year: a gross yield of 10.3% on the 2021 price, before the service charge of about AED 10,900 a year.

Sales and rents for 2302 over time

Sales
Unit 2302, 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 2021: AED 713,000 (AED 1,515 per sqft)

2302 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2302, each contractTypical one-bed in Zada Tower By Damac
70K75K80K20232024202520262027Typical rent by year: 2023 AED 80,000; 2024 AED 75,000; 2025 AED 78,500; 2026 AED 80,000New contract, May 2023: AED 81,000 a yearNew contract, October 2023: AED 70,000 a yearRenewal, October 2024: AED 73,500 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 2302 sits

All 670 1-beds →

2302 last sold in November 2021 at AED 1,515 per sqft, in line with what one-beds in Zada Tower By Damac were fetching at the time (AED 1,534). 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. 2302's AED 73,500 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 23rd floor

All 698 units in Zada Tower By Damac
Value
23011-bedAED 716K · Jul 2020
23031-bedAED 880K · Jul 2023
23041-bedAED 752K · Dec 2021
23051-bedAED 850K · Jul 2023
23061-bedAED 950K · Jun 2025
23071-bedAED 950K · Oct 2023
23081-bedAED 1.07M · Jul 2025
1–7 of 26

2302, Zada Tower By Damac in numbers

  • Sold once: by DAMAC on 22 November 2021 for AED 713,000, or AED 1,515 per sqft.
  • Rented since May 2023 on 3 Ejari contracts, from AED 81,000 to AED 73,500 a year.
  • At AED 73,500 a year the gross yield on the 2021 price is 10.3%, 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 1 October 2024.

Questions about 2302, Zada Tower By Damac

What did unit 2302 last sell for?

AED 713,000 on 22 November 2021, sold by the developer: AED 1,515 per sqft for 470 sqft. It is the only registered sale of the unit.

What is the rent for unit 2302?

AED 73,500 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 70,000; the unit has been rented since May 2023.

How big is unit 2302?

470 sqft (43.7 sqm): a one-bedroom apartment on the 23rd floor of a 26-storey tower completed in 2023.

What is unit 2302 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.

Selling 2302? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2302, Zada Tower By Damac

Starts from the last sale price (AED 713K, 22 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 713,000
Deposit, UAE resident (20%)
AED 142,600
Deposit, non-resident (40%)
AED 285,200
Monthly over 25 years at 3.7%
AED 2,917

Plus AED 34,956 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →