1-bed · 473 sqftZada Tower By Damac, Business Bay · 16th floor · completed 2023

1616, Zada Tower By Damac

Sold prices and rental history: sold once, by the developer in December 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1616 · DLD and Ejari recordsUpdated 27 December 2022
Last soldAED 834K27 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1616, Zada Tower By Damac

What is 1616 worth today?

Last sold for AED 834,000 in 2022

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27 Dec 2022Sold by developerOff-plan
AED 834,000AED 1,762 per sqft

Source: Dubai Land Department. Updated 27 December 2022.

Key facts

Type
1-bed apartment
Size
473 sqft
Floor
16th of 26
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 11,000 /yr
Last sold
AED 834K · December 2022

About 1616, Zada Tower By Damac

1616 is a one-bedroom apartment of 473 sqft on the 16th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 27 December 2022 for AED 834,000, or AED 1,762 per sqft, 14% above the AED 1,545 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1616 over time

Sales
Unit 1616, 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, December 2022: AED 834,000 (AED 1,762 per sqft)

1616 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1616, 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 70,000

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 1616 sits

All 698 1-beds →

1616 last sold in December 2022 at AED 1,762 per sqft, 14% above what one-beds in Zada Tower By Damac were fetching at the time (AED 1,545). 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.

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 16th floor

All 698 units in Zada Tower By Damac
Value
16011-bedAED 716K · Sep 2020
16021-bedAED 841K · Feb 2023
16031-bedAED 713K · Dec 2020
16041-bedAED 900K · Dec 2023
16051-bedAED 1.08M · Oct 2025
16061-bedAED 1.08M · Nov 2024
16071-bedAED 1M · Mar 2024
1–7 of 26

1616, Zada Tower By Damac in numbers

  • Sold once: by DAMAC on 27 December 2022 for AED 834,000, or AED 1,762 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 27 December 2022.

Questions about 1616, Zada Tower By Damac

What did unit 1616 last sell for?

AED 834,000 on 27 December 2022, sold by the developer: AED 1,762 per sqft for 473 sqft. It is the only registered sale of the unit.

How big is unit 1616?

473 sqft (43.9 sqm): a one-bedroom apartment on the 16th floor of a 26-storey tower completed in 2023.

What is unit 1616 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 1616, Zada Tower By Damac

Starts from the last sale price (AED 834K, 27 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 834,000
Deposit, UAE resident (20%)
AED 166,800
Deposit, non-resident (40%)
AED 333,600
Monthly over 25 years at 3.7%
AED 3,412

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