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1-bed · 476 sqftZada Tower By Damac, Business Bay · 7th floor · completed 2023

724, Zada Tower By Damac

Sold prices and rental history: sold once, by the developer in May 2022, and rented once, from March 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 724 · DLD and Ejari recordsUpdated 19 March 2025
Last soldAED 721K11 May 2022
Current rentAED 105K /yr19 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 724, Zada Tower By Damac

What is 724 worth today?

Last sold for AED 721,000 in 2022

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19 Mar 2025RentedNew contract
AED 105,000/yr12 months · AED 222 per sqft
11 May 2022Sold by developerOff-plan
AED 721,000AED 1,515 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 March 2025.

Key facts

Type
1-bed apartment
Size
476 sqft
Floor
7th of 26
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 11,000 /yr
Last sold
AED 721K · May 2022
Building
Zada Tower By Damac

About 724, Zada Tower By Damac

724 is a one-bedroom apartment of 476 sqft on the 7th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 11 May 2022 for AED 721,000, or AED 1,515 per sqft, in line with the AED 1,540 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 19 March 2025. The current contract, signed on 19 March 2025, is AED 105,000 a year: a gross yield of 14.6% on the 2022 price, before the service charge of about AED 11,000 a year.

Sales and rents for 724 over time

Sales
Unit 724, 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, May 2022: AED 721,000 (AED 1,515 per sqft)

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

Rents
Unit 724, each contractTypical one-bed in Zada Tower By Damac
80K100K20232024202520262027Typical rent by year: 2023 AED 80,000; 2024 AED 75,000; 2025 AED 78,500; 2026 AED 80,000New contract, March 2025: AED 105,000 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 724 sits

All 670 1-beds →

724 last sold in May 2022 at AED 1,515 per sqft, in line with what one-beds in Zada Tower By Damac were fetching at the time (AED 1,540). 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. 724's AED 105,000 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

724, Zada Tower By Damac in numbers

  • Sold once: by DAMAC on 11 May 2022 for AED 721,000, or AED 1,515 per sqft.
  • Rented since March 2025 on one Ejari contract, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 14.6%, before a service charge of about AED 11,000 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 19 March 2025.

Questions about 724, Zada Tower By Damac

What did unit 724 last sell for?

AED 721,000 on 11 May 2022, sold by the developer: AED 1,515 per sqft for 476 sqft. It is the only registered sale of the unit.

What is the rent for unit 724?

AED 105,000 a year on the contract signed on 19 March 2025.

How big is unit 724?

476 sqft (44.2 sqm): a one-bedroom apartment on the 7th floor of a 26-storey tower completed in 2023.

What is unit 724 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 724, Zada Tower By Damac

Starts from the last sale price (AED 721K, 11 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 721,000
Deposit, UAE resident (20%)
AED 144,200
Deposit, non-resident (40%)
AED 288,400
Monthly over 25 years at 3.7%
AED 2,950

Plus AED 35,292 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →