1-bed · 469 sqftZada Tower By Damac, Business Bay · 15th floor · completed 2023

1506, Zada Tower By Damac

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

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

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Unit 1506 · DLD and Ejari recordsUpdated 2 October 2023

Last soldAED 980K2 October 2023

Current rentAED 81K /yr16 May 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1506, Zada Tower By Damac

Today

What is 1506 worth today?

Last sold for AED 980,000 in 2023

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2 Oct 2023

2 Oct 2023SoldReady

AED 980,000AED 2,090 per sqft

16 May 2023

16 May 2023RentedNew contract

AED 81,000/yr12 months · AED 173 per sqft

3 Mar 2020

3 Mar 2020Sold by developerOff-plan

AED 722,000AED 1,540 per sqft

Source: Dubai Land Department. Updated 2 October 2023.

Key facts

Type: 1-bed apartment
Size: 469 sqft
Floor: 15th of 26
Parking: B1-8
Developer: DAMAC
Completed: 2023
Service charge: AED 10,900 /yr
Last sold: AED 980K · October 2023
Building: Zada Tower By Damac

About 1506, Zada Tower By Damac

1506 is a one-bedroom apartment of 469 sqft on the 15th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 2 October 2023 for AED 980,000, or AED 2,090 per sqft, 17% above the AED 1,780 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 May 2023. The current contract, signed on 16 May 2023, is AED 81,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 10,900 a year.

Sales and rents for 1506 over time

Sales

Unit 1506, each saleTypical one-bed in Zada Tower By Damac

1506 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1506, each contractTypical one-bed in Zada Tower By Damac

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 1506 sits

All 698 1-beds →

1-beds in Zada Tower By Damac · last 12 months2,103 /sqft Zada Tower By Damac · all types2,103 /sqft

1506 last sold in October 2023 at AED 2,090 per sqft, 17% above what one-beds in Zada Tower By Damac were fetching at the time (AED 1,780). 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. 1506's AED 81,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
19 Oct 202619 October 2026	471 sqft	900,000	1,910
19 Oct 202619 October 2026	472 sqft	920,000	1,950
14 Oct 202614 October 2026	410 sqft	820,000	1,999
9 Sep 20269 September 2026	471 sqft	970,000	2,059

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 15th floor

All 698 units in Zada Tower By Damac


1501	1-bed	473 sqft	AED 716KAED 716,000 · Mar 2020March 2020	80,000 /yr
1502	1-bed	470 sqft	AED 699KAED 698,740 · Mar 2020March 2020	75,000 /yr
1503	1-bed	471 sqft	AED 980KAED 980,000 · Aug 2025August 2025	75,000 /yr
1504	1-bed	469 sqft	AED 850KAED 850,000 · Jun 2026June 2026	80,250 /yr
1505	1-bed	469 sqft	AED 850KAED 850,000 · Jun 2026June 2026	71,000 /yr
1507	1-bed	469 sqft	AED 722KAED 722,000 · Mar 2020March 2020	65,000 /yr
1508	1-bed	470 sqft	AED 950KAED 950,000 · Mar 2025March 2025	105,000 /yr
1509	1-bed	525 sqft	AED 1MAED 1,000,000 · May 2025May 2025
1510	1-bed	471 sqft	AED 1.1MAED 1,100,000 · Feb 2025February 2025	85,000 /yr
1511	1-bed	234 sqft	AED 400KAED 400,000 · Dec 2025December 2025
1512	1-bed	566 sqft	AED 868KAED 868,000 · May 2021May 2021	65,000 /yr
1513	1-bed	470 sqft	AED 715KAED 714,890 · Feb 2020February 2020	71,400 /yr
1514	1-bed	469 sqft	AED 733KAED 733,000 · Nov 2019November 2019	60,000 /yr
1515	1-bed	473 sqft	AED 737KAED 737,000 · Nov 2019November 2019	72,600 /yr
1516	1-bed	474 sqft	AED 920KAED 920,000 · Mar 2024March 2024	80,000 /yr
1517	1-bed	472 sqft	AED 790KAED 790,000 · Nov 2019November 2019
1518	1-bed	481 sqft	AED 746KAED 746,000 · Nov 2019November 2019
1519	1-bed	456 sqft	AED 820KAED 820,000 · Oct 2023October 2023	85,000 /yr
1520	1-bed	410 sqft	AED 700KAED 699,999 · Apr 2020April 2020	68,040 /yr
1521	1-bed	468 sqft	AED 900KAED 900,000 · Feb 2024February 2024	75,000 /yr
1522	1-bed	471 sqft	AED 736KAED 736,000 · Nov 2019November 2019	60,000 /yr
1523	1-bed	471 sqft	AED 724KAED 724,000 · Oct 2021October 2021
1524	1-bed	476 sqft	AED 1MAED 1,000,000 · Mar 2025March 2025	60,000 /yr
1525	1-bed	466 sqft	AED 873KAED 872,815 · May 2025May 2025
1526	1-bed	504 sqft	AED 775KAED 775,000 · May 2020May 2020	75,000 /yr
1527	1-bed	490 sqft	AED 743KAED 743,000 · Mar 2020March 2020

1–7 of 26

1506, Zada Tower By Damac in numbers

Sold twice: first on 3 March 2020 for AED 722,000, last on 2 October 2023 for AED 980,000 (AED 2,090 per sqft).
Rented since May 2023 on one Ejari contract, at AED 81,000 a year.
At AED 81,000 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 10,900 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 2 October 2023.

Questions about 1506, Zada Tower By Damac

What did unit 1506 last sell for?

AED 980,000 on 2 October 2023: AED 2,090 per sqft for 469 sqft. The unit has 2 registered sales; the first was AED 722,000 in March 2020.

What is the rent for unit 1506?

AED 81,000 a year on the contract signed on 16 May 2023.

How big is unit 1506?

469 sqft (43.6 sqm): a one-bedroom apartment on the 15th floor of a 26-storey tower completed in 2023.

What is unit 1506 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 1506, Zada Tower By Damac

Starts from the last sale price (AED 980K, 2 October 2023). Switch to today's estimate once you have unlocked it.

Price: AED 980,000
Deposit, UAE resident (20%): AED 196,000
Deposit, non-resident (40%): AED 392,000
Monthly over 25 years at 3.7%: AED 4,009

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