1-bed · 470 sqftZada Tower By Damac, Business Bay · 7th floor · completed 2023

713, Zada Tower By Damac

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

Unit 713 · DLD and Ejari recordsUpdated 6 September 2024
Last soldAED 865K7 June 2023
Current rentAED 80K /yr6 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 713, Zada Tower By Damac

What is 713 worth today?

Last sold for AED 865,000 in 2023

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6 Sep 2024RentedNew contract
AED 80,000/yr12 months · AED 170 per sqft
7 Jun 2023SoldReady
AED 865,000AED 1,839 per sqft
30 Mar 2022Sold by developerOff-plan
AED 727,000AED 1,545 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 September 2024.

Key facts

Type
1-bed apartment
Size
470 sqft
Floor
7th of 26
Parking
B3-33
Developer
DAMAC
Completed
2023
Service charge
AED 10,900 /yr
Last sold
AED 865K · June 2023

About 713, Zada Tower By Damac

713 is a one-bedroom apartment of 470 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 7 June 2023 for AED 865,000, or AED 1,839 per sqft, 9% above the AED 1,687 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 6 September 2024. The current contract, signed on 6 September 2024, is AED 80,000 a year: a gross yield of 9.3% on the 2023 price, before the service charge of about AED 10,900 a year.

Sales and rents for 713 over time

Sales
Unit 713, 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 727,000 (AED 1,545 per sqft)Sold, June 2023: AED 865,000 (AED 1,839 per sqft)

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

Rents
Unit 713, 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 80,000New contract, September 2024: AED 80,000 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 713 sits

All 670 1-beds →

713 last sold in June 2023 at AED 1,839 per sqft, 9% above what one-beds in Zada Tower By Damac were fetching at the time (AED 1,687). 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. 713's AED 80,000 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 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

713, Zada Tower By Damac in numbers

  • Sold twice: first on 30 March 2022 for AED 727,000, last on 7 June 2023 for AED 865,000 (AED 1,839 per sqft).
  • Rented since September 2024 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 9.3%, 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 6 September 2024.

Questions about 713, Zada Tower By Damac

What did unit 713 last sell for?

AED 865,000 on 7 June 2023: AED 1,839 per sqft for 470 sqft. The unit has 2 registered sales; the first was AED 727,000 in March 2022.

What is the rent for unit 713?

AED 80,000 a year on the contract signed on 6 September 2024.

How big is unit 713?

470 sqft (43.7 sqm): a one-bedroom apartment on the 7th floor of a 26-storey tower completed in 2023.

What is unit 713 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 713, Zada Tower By Damac

Starts from the last sale price (AED 865K, 7 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 865,000
Deposit, UAE resident (20%)
AED 173,000
Deposit, non-resident (40%)
AED 346,000
Monthly over 25 years at 3.7%
AED 3,539

Plus AED 41,340 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →