1-bed · 473 sqftZada Tower By Damac, Business Bay · 12th floor · completed 2023

1216, Zada Tower By Damac

Sold prices and rental history: sold once, by the developer in May 2020, and rented once, from April 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1216 · DLD and Ejari recordsUpdated 5 April 2025
Last soldAED 722K4 May 2020
Current rentAED 73K /yr5 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1216, Zada Tower By Damac

What is 1216 worth today?

Last sold for AED 722,000 in 2020

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5 Apr 2025RentedNew contract
AED 73,000/yr13 months · AED 154 per sqft
4 May 2020Sold by developerOff-plan
AED 722,000AED 1,526 per sqft

Source: Dubai Land Department. Updated 5 April 2025.

Key facts

Type
1-bed apartment
Size
473 sqft
Floor
12th of 26
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 11,000 /yr
Last sold
AED 722K · May 2020

About 1216, Zada Tower By Damac

1216 is a one-bedroom apartment of 473 sqft on the 12th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 4 May 2020 for AED 722,000, or AED 1,526 per sqft, in line with the AED 1,537 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 April 2025. The current contract, signed on 5 April 2025, is AED 73,000 a year: a gross yield of 10.1% on the 2020 price, before the service charge of about AED 11,000 a year.

Sales and rents for 1216 over time

Sales
Unit 1216, 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, May 2020: AED 722,000 (AED 1,526 per sqft)

1216 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1216, 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, April 2025: AED 73,000 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 1216 sits

All 698 1-beds →

1216 last sold in May 2020 at AED 1,526 per sqft, in line with what one-beds in Zada Tower By Damac were fetching at the time (AED 1,537). 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. 1216's AED 73,000 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

1216, Zada Tower By Damac in numbers

  • Sold once: by DAMAC on 4 May 2020 for AED 722,000, or AED 1,526 per sqft.
  • Rented since April 2025 on one Ejari contract, at AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2020 price is 10.1%, 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 5 April 2025.

Questions about 1216, Zada Tower By Damac

What did unit 1216 last sell for?

AED 722,000 on 4 May 2020, sold by the developer: AED 1,526 per sqft for 473 sqft. It is the only registered sale of the unit.

What is the rent for unit 1216?

AED 73,000 a year on the contract signed on 5 April 2025.

How big is unit 1216?

473 sqft (43.9 sqm): a one-bedroom apartment on the 12th floor of a 26-storey tower completed in 2023.

What is unit 1216 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 1216, Zada Tower By Damac

Starts from the last sale price (AED 722K, 4 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 722,000
Deposit, UAE resident (20%)
AED 144,400
Deposit, non-resident (40%)
AED 288,800
Monthly over 25 years at 3.7%
AED 2,954

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