1-bed · 566 sqftZada Tower By Damac, Business Bay · 7th floor · completed 2023

712, Zada Tower By Damac

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

Unit 712 · DLD and Ejari recordsUpdated 18 December 2024
Last soldAED 1.28M4 November 2024
Current rentAED 120K /yr18 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Zada Tower By Damac

What is 712 worth today?

Last sold for AED 1,275,000 in 2024

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18 Dec 2024RentedNew contract
AED 120,000/yr12 months · AED 212 per sqft
4 Nov 2024SoldReady
AED 1,275,000AED 2,251 per sqft
17 Jun 2023RentedNew contract
AED 81,000/yr12 months · AED 143 per sqft
29 Mar 2022Sold by developerOff-plan
AED 857,000AED 1,513 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 December 2024.

Key facts

Type
1-bed apartment
Size
566 sqft
Floor
7th of 26
Parking
B3-32
Developer
DAMAC
Completed
2023
Service charge
AED 13,200 /yr
Last sold
AED 1.28M · November 2024

About 712, Zada Tower By Damac

712 is a one-bedroom apartment of 566 sqft on the 7th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 4 November 2024 for AED 1,275,000, or AED 2,251 per sqft, 12% above the AED 2,015 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 18 December 2024, is AED 120,000 a year: a gross yield of 9.4% on the 2024 price, before the service charge of about AED 13,200 a year.

Sales and rents for 712 over time

Sales
Unit 712, each saleTypical one-bed in Zada Tower By Damac
1M20192021202320252027Typical 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 857,000 (AED 1,513 per sqft)Sold, November 2024: AED 1,275,000 (AED 2,251 per sqft)

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

Rents
Unit 712, each contractTypical one-bed in Zada Tower By Damac
75K100K125K20232024202520262027Typical rent by year: 2023 AED 80,000; 2024 AED 75,000; 2025 AED 78,500; 2026 AED 80,000New contract, June 2023: AED 81,000 a yearNew contract, December 2024: AED 120,000 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 712 sits

All 670 1-beds →

712 last sold in November 2024 at AED 2,251 per sqft, 12% above what one-beds in Zada Tower By Damac were fetching at the time (AED 2,015). 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. 712's AED 120,000 is at the top 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 7th floor

All 698 units in Zada Tower By Damac
Value
7011-bedAED 707K · Mar 2022
7021-bedAED 704K · Mar 2022
7031-bedAED 704K · Mar 2022
7041-bedAED 714K · Mar 2022
7051-bedAED 712K · Mar 2022
7061-bedAED 712K · May 2022
7071-bedAED 712K · Apr 2022
1–7 of 26

712, Zada Tower By Damac in numbers

  • Sold twice: first on 29 March 2022 for AED 857,000, last on 4 November 2024 for AED 1,275,000 (AED 2,251 per sqft).
  • Rented since June 2023 on 2 Ejari contracts, from AED 81,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 9.4%, before a service charge of about AED 13,200 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 18 December 2024.

Questions about 712, Zada Tower By Damac

What did unit 712 last sell for?

AED 1,275,000 on 4 November 2024: AED 2,251 per sqft for 566 sqft. The unit has 2 registered sales; the first was AED 857,000 in March 2022.

What is the rent for unit 712?

AED 120,000 a year on the contract signed on 18 December 2024. The previous contract, from June 2023, was AED 81,000.

How big is unit 712?

566 sqft (52.6 sqm): a one-bedroom apartment on the 7th floor of a 26-storey tower completed in 2023.

What is unit 712 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 712, Zada Tower By Damac

Starts from the last sale price (AED 1.28M, 4 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

Plus AED 58,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →