1-bed · 611 sqftZada Tower By Damac, Business Bay · 1st floor · completed 2023

118, Zada Tower By Damac

Sold prices and rental history: sold once, by the developer in June 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 913K17 June 2022
Current rentAED 80K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 118, Zada Tower By Damac

What is 118 worth today?

Last sold for AED 913,000 in 2022

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1 Oct 2025RentedNew contract
AED 80,000/yr12 months · AED 131 per sqft
20 Nov 2023RentedNew contract
AED 75,000/yr12 months · AED 123 per sqft
15 May 2023RentedNew contract
AED 81,000/yr12 months · AED 133 per sqft
17 Jun 2022Sold by developerOff-plan
AED 913,000AED 1,495 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
1-bed apartment
Size
611 sqft
Floor
1st of 26
Parking
B4-18
Developer
DAMAC
Completed
2023
Service charge
AED 14,200 /yr
Last sold
AED 913K · June 2022

About 118, Zada Tower By Damac

118 is a one-bedroom apartment of 611 sqft on the 1st floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 17 June 2022 for AED 913,000, or AED 1,495 per sqft, in line with the AED 1,540 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 1 October 2025, is AED 80,000 a year: a gross yield of 8.8% on the 2022 price, before the service charge of about AED 14,200 a year.

Sales and rents for 118 over time

Sales
Unit 118, 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, June 2022: AED 913,000 (AED 1,495 per sqft)

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

Rents
Unit 118, each contractTypical one-bed in Zada Tower By Damac
70K75K80K20232024202520262027Typical rent by year: 2023 AED 80,000; 2024 AED 75,000; 2025 AED 79,389; 2026 AED 70,000New contract, May 2023: AED 81,000 a yearNew contract, November 2023: AED 75,000 a yearNew contract, October 2025: 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 118 sits

All 698 1-beds →

118 last sold in June 2022 at AED 1,495 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 2,103 per sqft, and rent for AED 12,000 to 164,000 a year. 118's AED 80,000 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 1st floor

All 698 units in Zada Tower By Damac
Value
1011-bedAED 772K · Jun 2022
1021-bedAED 770K · May 2022
1031-bedAED 900K · Feb 2024
1041-bedAED 709K · May 2022
1051-bedAED 985K · Aug 2025
1061-bedAED 1.1M · Jul 2025
1071-bedAED 708K · Apr 2022
1–7 of 23

118, Zada Tower By Damac in numbers

  • Sold once: by DAMAC on 17 June 2022 for AED 913,000, or AED 1,495 per sqft.
  • Rented since May 2023 on 3 Ejari contracts, from AED 81,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 8.8%, before a service charge of about AED 14,200 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 2,103 per sqft.

Source: Dubai Land Department. Updated 1 October 2025.

Questions about 118, Zada Tower By Damac

What did unit 118 last sell for?

AED 913,000 on 17 June 2022, sold by the developer: AED 1,495 per sqft for 611 sqft. It is the only registered sale of the unit.

What is the rent for unit 118?

AED 80,000 a year on the contract signed on 1 October 2025. The previous contract, from November 2023, was AED 75,000; the unit has been rented since May 2023.

How big is unit 118?

611 sqft (56.8 sqm): a one-bedroom apartment on the 1st floor of a 26-storey tower completed in 2023.

What is unit 118 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 118, Zada Tower By Damac

Starts from the last sale price (AED 913K, 17 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 913,000
Deposit, UAE resident (20%)
AED 182,600
Deposit, non-resident (40%)
AED 365,200
Monthly over 25 years at 3.7%
AED 3,735

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