1-bed · 545 sqftZada Tower By Damac, Business Bay · 1st floor · completed 2023

123, Zada Tower By Damac

Sold prices and rental history: sold once, by the developer in May 2022, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 123 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 866K17 May 2022
Current rentAED 75K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 123, Zada Tower By Damac

What is 123 worth today?

Last sold for AED 865,700 in 2022

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1 Sep 2024RentedNew contract
AED 75,000/yr12 months · AED 138 per sqft
17 May 2022Sold by developerOff-plan
AED 865,700AED 1,589 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
545 sqft
Floor
1st of 26
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 12,600 /yr
Last sold
AED 866K · May 2022

About 123, Zada Tower By Damac

123 is a one-bedroom apartment of 545 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 May 2022 for AED 865,700, or AED 1,589 per sqft, 3% above the AED 1,540 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2024. The current contract, signed on 1 September 2024, is AED 75,000 a year: a gross yield of 8.7% on the 2022 price, before the service charge of about AED 12,600 a year.

Sales and rents for 123 over time

Sales
Unit 123, 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 2022: AED 865,700 (AED 1,589 per sqft)

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

Rents
Unit 123, 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, September 2024: AED 75,000 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 123 sits

All 698 1-beds →

123 last sold in May 2022 at AED 1,589 per sqft, 3% above 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. 123's AED 75,000 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

123, Zada Tower By Damac in numbers

  • Sold once: by DAMAC on 17 May 2022 for AED 865,700, or AED 1,589 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 8.7%, before a service charge of about AED 12,600 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 September 2024.

Questions about 123, Zada Tower By Damac

What did unit 123 last sell for?

AED 865,700 on 17 May 2022, sold by the developer: AED 1,589 per sqft for 545 sqft. It is the only registered sale of the unit.

What is the rent for unit 123?

AED 75,000 a year on the contract signed on 1 September 2024.

How big is unit 123?

545 sqft (50.6 sqm): a one-bedroom apartment on the 1st floor of a 26-storey tower completed in 2023.

What is unit 123 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 123, Zada Tower By Damac

Starts from the last sale price (AED 866K, 17 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 865,700
Deposit, UAE resident (20%)
AED 173,140
Deposit, non-resident (40%)
AED 346,280
Monthly over 25 years at 3.7%
AED 3,542

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