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1-bed · 410 sqftZada Tower By Damac, Business Bay · 15th floor · completed 2023

1520, Zada Tower By Damac

Sold prices and rental history: sold once, by the developer in April 2020, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1520 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 700K1 April 2020
Current rentAED 68K /yr30 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1520, Zada Tower By Damac

What is 1520 worth today?

Last sold for AED 699,999 in 2020

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30 Sep 2024RentedRenewal
AED 68,040/yr12 months · AED 166 per sqft
1 Apr 2020Sold by developerOff-plan
AED 699,999AED 1,706 per sqft

Source: Dubai Land Department. Updated 30 September 2024.

Key facts

Type
1-bed apartment
Size
410 sqft
Floor
15th of 26
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 9,500 /yr
Last sold
AED 700K · April 2020
Building
Zada Tower By Damac

About 1520, Zada Tower By Damac

1520 is a one-bedroom apartment of 410 sqft on the 15th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 1 April 2020 for AED 699,999, or AED 1,706 per sqft, 11% above the AED 1,538 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 September 2024. The current contract, renewed on 30 September 2024, is AED 68,040 a year: a gross yield of 9.7% on the 2020 price, before the service charge of about AED 9,500 a year.

Sales and rents for 1520 over time

Sales
Unit 1520, 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, April 2020: AED 699,999 (AED 1,706 per sqft)

1520 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1520, each contractTypical one-bed in Zada Tower By Damac
70K80K20232024202520262027Typical rent by year: 2023 AED 80,000; 2024 AED 75,000; 2025 AED 79,389; 2026 AED 70,000Renewal, September 2024: AED 68,040 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 1520 sits

All 698 1-beds →

1520 last sold in April 2020 at AED 1,706 per sqft, 11% above what one-beds in Zada Tower By Damac were fetching at the time (AED 1,538). 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. 1520's AED 68,040 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 15th floor

All 698 units in Zada Tower By Damac
Value
15011-bedAED 716K · Mar 2020
15021-bedAED 699K · Mar 2020
15031-bedAED 980K · Aug 2025
15041-bedAED 850K · Jun 2026
15051-bedAED 850K · Jun 2026
15061-bedAED 980K · Oct 2023
15071-bedAED 722K · Mar 2020
1–7 of 26

1520, Zada Tower By Damac in numbers

  • Sold once: by DAMAC on 1 April 2020 for AED 699,999, or AED 1,706 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 68,040 a year.
  • At AED 68,040 a year the gross yield on the 2020 price is 9.7%, before a service charge of about AED 9,500 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 September 2024.

Questions about 1520, Zada Tower By Damac

What did unit 1520 last sell for?

AED 699,999 on 1 April 2020, sold by the developer: AED 1,706 per sqft for 410 sqft. It is the only registered sale of the unit.

What is the rent for unit 1520?

AED 68,040 a year on the contract renewed on 30 September 2024.

How big is unit 1520?

410 sqft (38.1 sqm): a one-bedroom apartment on the 15th floor of a 26-storey tower completed in 2023.

What is unit 1520 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 1520, Zada Tower By Damac

Starts from the last sale price (AED 700K, 1 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 699,999
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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