1-bed · 473 sqftZada Tower By Damac, Business Bay · 14th floor · completed 2023

1416, Zada Tower By Damac

Sold prices and rental history: sold once, by the developer in February 2020, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1416 · DLD and Ejari recordsUpdated 10 August 2024
Last soldAED 727K19 February 2020
Current rentAED 88K /yr10 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1416, Zada Tower By Damac

What is 1416 worth today?

Last sold for AED 727,000 in 2020

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10 Aug 2024RentedRenewal
AED 87,529/yr12 months · AED 185 per sqft
10 Aug 2023RentedNew contract
AED 85,000/yr12 months · AED 179 per sqft
19 Feb 2020Sold by developerOff-plan
AED 727,000AED 1,536 per sqft

Source: Dubai Land Department. Updated 10 August 2024.

Key facts

Type
1-bed apartment
Size
473 sqft
Floor
14th of 26
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 11,000 /yr
Last sold
AED 727K · February 2020

About 1416, Zada Tower By Damac

1416 is a one-bedroom apartment of 473 sqft on the 14th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 19 February 2020 for AED 727,000, or AED 1,536 per sqft, in line with the AED 1,542 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 10 August 2024, is AED 87,529 a year: a gross yield of 12.0% on the 2020 price, before the service charge of about AED 11,000 a year.

Sales and rents for 1416 over time

Sales
Unit 1416, 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, February 2020: AED 727,000 (AED 1,536 per sqft)

1416 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1416, each contractTypical one-bed in Zada Tower By Damac
70K80K90K20232024202520262027Typical rent by year: 2023 AED 80,000; 2024 AED 75,000; 2025 AED 79,389; 2026 AED 70,000New contract, August 2023: AED 85,000 a yearRenewal, August 2024: AED 87,529 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 1416 sits

All 698 1-beds →

1416 last sold in February 2020 at AED 1,536 per sqft, in line with what one-beds in Zada Tower By Damac were fetching at the time (AED 1,542). 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. 1416's AED 87,529 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 14th floor

All 698 units in Zada Tower By Damac
Value
14011-bedAED 920K · Sep 2023
14021-bedAED 715K · Oct 2019
14031-bedAED 1.08M · May 2025
14041-bedAED 723K · Feb 2020
14051-bedAED 841K · Feb 2023
14061-bedAED 726K · Nov 2019
14071-bedAED 722K · Jan 2021
1–7 of 26

1416, Zada Tower By Damac in numbers

  • Sold once: by DAMAC on 19 February 2020 for AED 727,000, or AED 1,536 per sqft.
  • Rented since August 2023 on 2 Ejari contracts, from AED 85,000 to AED 87,529 a year.
  • At AED 87,529 a year the gross yield on the 2020 price is 12.0%, 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 10 August 2024.

Questions about 1416, Zada Tower By Damac

What did unit 1416 last sell for?

AED 727,000 on 19 February 2020, sold by the developer: AED 1,536 per sqft for 473 sqft. It is the only registered sale of the unit.

What is the rent for unit 1416?

AED 87,529 a year on the contract renewed on 10 August 2024. The previous contract, from August 2023, was AED 85,000.

How big is unit 1416?

473 sqft (43.9 sqm): a one-bedroom apartment on the 14th floor of a 26-storey tower completed in 2023.

What is unit 1416 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 1416, Zada Tower By Damac

Starts from the last sale price (AED 727K, 19 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 727,000
Deposit, UAE resident (20%)
AED 145,400
Deposit, non-resident (40%)
AED 290,800
Monthly over 25 years at 3.7%
AED 2,974

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