1-bed · 471 sqftZada Tower By Damac, Business Bay · 9th floor · completed 2023

923, Zada Tower By Damac

Sold prices and rental history: sold once, by the developer in October 2019, and rented once, from May 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 923 · DLD and Ejari recordsUpdated 1 May 2023
Last soldAED 732K8 October 2019
Current rentAED 81K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 923, Zada Tower By Damac

What is 923 worth today?

Last sold for AED 732,000 in 2019

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1 May 2023RentedNew contract
AED 81,000/yr12 months · AED 172 per sqft
8 Oct 2019Sold by developerOff-plan
AED 732,000AED 1,554 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2023.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
9th of 26
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 10,900 /yr
Last sold
AED 732K · October 2019

About 923, Zada Tower By Damac

923 is a one-bedroom apartment of 471 sqft on the 9th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 8 October 2019 for AED 732,000, or AED 1,554 per sqft, in line with the AED 1,552 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2023. The current contract, signed on 1 May 2023, is AED 81,000 a year: a gross yield of 11.1% on the 2019 price, before the service charge of about AED 10,900 a year.

Sales and rents for 923 over time

Sales
Unit 923, 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, October 2019: AED 732,000 (AED 1,554 per sqft)

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

Rents
Unit 923, 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, May 2023: AED 81,000 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 923 sits

All 670 1-beds →

923 last sold in October 2019 at AED 1,554 per sqft, in line with what one-beds in Zada Tower By Damac were fetching at the time (AED 1,552). 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. 923's AED 81,000 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 9th floor

All 698 units in Zada Tower By Damac
Value
9011-bedAED 800K · Apr 2023
9021-bedAED 708K · Apr 2021
9031-bedAED 710K · Oct 2019
9041-bedAED 722K · Nov 2019
9051-bedAED 722K · Nov 2019
9061-bedAED 717K · Oct 2021
9071-bedAED 723K · Nov 2019
1–7 of 26

923, Zada Tower By Damac in numbers

  • Sold once: by DAMAC on 8 October 2019 for AED 732,000, or AED 1,554 per sqft.
  • Rented since May 2023 on one Ejari contract, at AED 81,000 a year.
  • At AED 81,000 a year the gross yield on the 2019 price is 11.1%, 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 May 2023.

Questions about 923, Zada Tower By Damac

What did unit 923 last sell for?

AED 732,000 on 8 October 2019, sold by the developer: AED 1,554 per sqft for 471 sqft. It is the only registered sale of the unit.

What is the rent for unit 923?

AED 81,000 a year on the contract signed on 1 May 2023.

How big is unit 923?

471 sqft (43.8 sqm): a one-bedroom apartment on the 9th floor of a 26-storey tower completed in 2023.

What is unit 923 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 923, Zada Tower By Damac

Starts from the last sale price (AED 732K, 8 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 732,000
Deposit, UAE resident (20%)
AED 146,400
Deposit, non-resident (40%)
AED 292,800
Monthly over 25 years at 3.7%
AED 2,995

Plus AED 35,754 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →