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1-bed · 471 sqftZada Tower By Damac, Business Bay · 24th floor · completed 2023

2422, Zada Tower By Damac

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

Unit 2422 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 785K19 April 2023
Current rentAED 78K /yr30 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2422, Zada Tower By Damac

What is 2422 worth today?

Last sold for AED 785,000 in 2023

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30 Sep 2024RentedNew contract
AED 78,000/yr12 months · AED 166 per sqft
3 Oct 2023RentedNew contract
AED 73,000/yr12 months · AED 155 per sqft
19 Apr 2023SoldReady
AED 785,000AED 1,666 per sqft
10 Mar 2022Sold by developerOff-plan
AED 723,000AED 1,535 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 September 2024.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
24th of 26
Parking
P1-70
Developer
DAMAC
Completed
2023
Service charge
AED 10,900 /yr
Last sold
AED 785K · April 2023
Building
Zada Tower By Damac

About 2422, Zada Tower By Damac

2422 is a one-bedroom apartment of 471 sqft on the 24th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 19 April 2023 for AED 785,000, or AED 1,666 per sqft, 4% above the AED 1,599 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 30 September 2024, is AED 78,000 a year: a gross yield of 9.9% on the 2023 price, before the service charge of about AED 10,900 a year.

Sales and rents for 2422 over time

Sales
Unit 2422, 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 723,000 (AED 1,535 per sqft)Sold, April 2023: AED 785,000 (AED 1,666 per sqft)

2422 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2422, 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 2023: AED 73,000 a yearNew contract, September 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 2422 sits

All 670 1-beds →

2422 last sold in April 2023 at AED 1,666 per sqft, 4% above what one-beds in Zada Tower By Damac were fetching at the time (AED 1,599). 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. 2422'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 24th floor

All 698 units in Zada Tower By Damac
Value
24011-bedAED 716K · Mar 2022
24021-bedAED 960K · Sep 2023
24031-bedAED 751K · Mar 2022
24041-bedAED 751K · Mar 2022
24051-bedAED 722K · Mar 2022
24061-bedAED 751K · May 2022
24071-bedAED 722K · Mar 2022
1–7 of 26

2422, Zada Tower By Damac in numbers

  • Sold twice: first on 10 March 2022 for AED 723,000, last on 19 April 2023 for AED 785,000 (AED 1,666 per sqft).
  • Rented since October 2023 on 2 Ejari contracts, from AED 73,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2023 price is 9.9%, 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 30 September 2024.

Questions about 2422, Zada Tower By Damac

What did unit 2422 last sell for?

AED 785,000 on 19 April 2023: AED 1,666 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 723,000 in March 2022.

What is the rent for unit 2422?

AED 78,000 a year on the contract signed on 30 September 2024. The previous contract, from October 2023, was AED 73,000.

How big is unit 2422?

471 sqft (43.8 sqm): a one-bedroom apartment on the 24th floor of a 26-storey tower completed in 2023.

What is unit 2422 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 2422, Zada Tower By Damac

Starts from the last sale price (AED 785K, 19 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 785,000
Deposit, UAE resident (20%)
AED 157,000
Deposit, non-resident (40%)
AED 314,000
Monthly over 25 years at 3.7%
AED 3,212

Plus AED 37,980 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →