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1-bed · 566 sqftZada Tower By Damac, Business Bay · 12th floor · completed 2023

1212, Zada Tower By Damac

Sold prices and rental history: sold 3 times, last in December 2024, and rented once, from March 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1212 · DLD and Ejari recordsUpdated 30 December 2024
Last soldAED 1.1M30 December 2024
Current rentAED 81K /yr22 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1212, Zada Tower By Damac

What is 1212 worth today?

Last sold for AED 1,100,000 in 2024

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30 Dec 2024SoldReady
AED 1,100,000AED 1,942 per sqft
31 Jan 2024SoldReady
AED 990,000AED 1,747 per sqft
22 Mar 2023RentedNew contract
AED 81,000/yr12 months · AED 143 per sqft
26 Mar 2020Sold by developerOff-plan
AED 862,000AED 1,521 per sqft

Source: Dubai Land Department. Updated 30 December 2024.

Key facts

Type
1-bed apartment
Size
566 sqft
Floor
12th of 26
Parking
B2-50
Developer
DAMAC
Completed
2023
Service charge
AED 13,200 /yr
Last sold
AED 1.1M · December 2024
Building
Zada Tower By Damac

About 1212, Zada Tower By Damac

1212 is a one-bedroom apartment of 566 sqft on the 12th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 30 December 2024 for AED 1,100,000, or AED 1,942 per sqft, 5% below the AED 2,044 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 March 2023. The current contract, signed on 22 March 2023, is AED 81,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 13,200 a year.

Sales and rents for 1212 over time

Sales
Unit 1212, 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, March 2020: AED 862,000 (AED 1,521 per sqft)Sold, January 2024: AED 990,000 (AED 1,747 per sqft)Sold, December 2024: AED 1,100,000 (AED 1,942 per sqft)

1212 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1212, 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, March 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 1212 sits

All 698 1-beds →

1212 last sold in December 2024 at AED 1,942 per sqft, 5% below what one-beds in Zada Tower By Damac were fetching at the time (AED 2,044). 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. 1212's AED 81,000 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 12th floor

All 698 units in Zada Tower By Damac
Value
12011-bedAED 940K · Nov 2024
12021-bedAED 850K · Nov 2023
12031-bedAED 710K · Jan 2020
12041-bedAED 722K · Oct 2019
12051-bedAED 1.05M · Feb 2025
12061-bedAED 717K · Feb 2020
12071-bedAED 980K · Jan 2025
1–7 of 26

1212, Zada Tower By Damac in numbers

  • Sold 3 times: first on 26 March 2020 for AED 862,000, last on 30 December 2024 for AED 1,100,000 (AED 1,942 per sqft).
  • Rented since March 2023 on one Ejari contract, at AED 81,000 a year.
  • At AED 81,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 13,200 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 30 December 2024.

Questions about 1212, Zada Tower By Damac

What did unit 1212 last sell for?

AED 1,100,000 on 30 December 2024: AED 1,942 per sqft for 566 sqft. The unit has 3 registered sales; the first was AED 862,000 in March 2020.

What is the rent for unit 1212?

AED 81,000 a year on the contract signed on 22 March 2023.

How big is unit 1212?

566 sqft (52.6 sqm): a one-bedroom apartment on the 12th floor of a 26-storey tower completed in 2023.

What is unit 1212 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 1212, Zada Tower By Damac

Starts from the last sale price (AED 1.1M, 30 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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