1-bed · 473 sqftZada Tower By Damac, Business Bay · 10th floor · completed 2023

1016, Zada Tower By Damac

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

Unit 1016 · DLD and Ejari recordsUpdated 25 September 2026
Last soldAED 724K18 November 2019
Current rentAED 60K /yr25 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1016, Zada Tower By Damac

What is 1016 worth today?

Last sold for AED 724,000 in 2019

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25 Sep 2026RentedNew contract
AED 60,000/yr12 months · AED 127 per sqft
5 Jul 2025RentedNew contract
AED 75,000/yr12 months · AED 158 per sqft
5 Jul 2025RentedNew contract
AED 75,000/yr12 months · AED 158 per sqft
5 Jul 2024RentedNew contract
AED 75,000/yr12 months · AED 158 per sqft
25 Apr 2023RentedNew contract
AED 70,000/yr12 months · AED 148 per sqft
23 Mar 2023RentedNew contract
AED 81,000/yr12 months · AED 171 per sqft
18 Nov 2019Sold by developerOff-plan
AED 724,000AED 1,530 per sqft

Source: Dubai Land Department. Updated 25 September 2026.

Key facts

Type
1-bed apartment
Size
473 sqft
Floor
10th of 26
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 11,000 /yr
Last sold
AED 724K · November 2019

About 1016, Zada Tower By Damac

1016 is a one-bedroom apartment of 473 sqft on the 10th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 18 November 2019 for AED 724,000, or AED 1,530 per sqft, in line with the AED 1,549 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 6 Ejari contracts. The current contract, signed on 25 September 2026, is AED 60,000 a year: a gross yield of 8.3% on the 2019 price, before the service charge of about AED 11,000 a year.

Sales and rents for 1016 over time

Sales
Unit 1016, each saleTypical one-bed in Zada Tower By Damac
800K1M20192021202320252027Typical sale price by year: 2019 AED 733,000; 2020 AED 722,000; 2021 AED 724,000; 2022 AED 733,000; 2023 AED 850,000; 2024 AED 980,000; 2025 AED 1,008,000; 2026 AED 985,000Sold by developer, November 2019: AED 724,000 (AED 1,530 per sqft)

1016 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1016, each contractTypical one-bed in Zada Tower By Damac
60K70K80K202320252027Typical rent by year: 2023 AED 80,000; 2024 AED 75,000; 2025 AED 79,389; 2026 AED 70,000New contract, March 2023: AED 81,000 a yearNew contract, April 2023: AED 70,000 a yearNew contract, July 2024: AED 75,000 a yearNew contract, July 2025: AED 75,000 a yearNew contract, July 2025: AED 75,000 a yearNew contract, September 2026: AED 60,000 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 1016 sits

All 698 1-beds →

1016 last sold in November 2019 at AED 1,530 per sqft, in line with what one-beds in Zada Tower By Damac were fetching at the time (AED 1,549). Over the last 12 months one-beds sold for AED 400,000 to 1,275,000, around AED 2,103 per sqft, and rent for AED 12,000 to 164,000 a year. 1016's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 2026900,000
19 Oct 2026920,000
14 Oct 2026820,000
9 Sep 2026970,000
47 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. 47 sold in the last 12 months.

Typical price per sqft
AED 2,103 Down 0.1%
Typical sale
AED 995K
Typical rent
AED 72K /yr
Typical yield
7.2%
Zada Tower By Damac, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 698 units in Zada Tower By Damac
Value
10011-bedAED 690K · Dec 2022
10021-bedAED 985K · Jan 2026
10031-bedAED 710K · Sep 2019
10041-bedAED 719K · Mar 2020
10051-bedAED 715K · Oct 2019
10061-bedAED 722K · Nov 2019
10071-bedAED 717K · Oct 2021
1–7 of 26

1016, Zada Tower By Damac in numbers

  • Sold once: by DAMAC on 18 November 2019 for AED 724,000, or AED 1,530 per sqft.
  • Rented since March 2023 on 6 Ejari contracts, from AED 81,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2019 price is 8.3%, 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 2,103 per sqft.

Source: Dubai Land Department. Updated 25 September 2026.

Questions about 1016, Zada Tower By Damac

What did unit 1016 last sell for?

AED 724,000 on 18 November 2019, sold by the developer: AED 1,530 per sqft for 473 sqft. It is the only registered sale of the unit.

What is the rent for unit 1016?

AED 60,000 a year on the contract signed on 25 September 2026. The previous contract, from July 2025, was AED 75,000; the unit has been rented since March 2023.

How big is unit 1016?

473 sqft (43.9 sqm): a one-bedroom apartment on the 10th floor of a 26-storey tower completed in 2023.

What is unit 1016 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 2,103 per sqft.

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Mortgage on 1016, Zada Tower By Damac

Starts from the last sale price (AED 724K, 18 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 724,000
Deposit, UAE resident (20%)
AED 144,800
Deposit, non-resident (40%)
AED 289,600
Monthly over 25 years at 3.7%
AED 2,962

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →