1-bed · 471 sqftZada Tower By Damac, Business Bay · 16th floor · completed 2023

1622, Zada Tower By Damac

Sold prices and rental history: sold once, by the developer in November 2021, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1622 · DLD and Ejari recordsUpdated 22 October 2026
Last soldAED 723K8 November 2021
Current rentAED 76K /yr22 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1622, Zada Tower By Damac

What is 1622 worth today?

Last sold for AED 723,000 in 2021

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22 Oct 2026RentedRenewal
AED 76,000/yr12 months · AED 161 per sqft
22 Oct 2025RentedNew contract
AED 76,000/yr12 months · AED 161 per sqft
5 Oct 2024RentedNew contract
AED 72,000/yr12 months · AED 153 per sqft
31 May 2023RentedNew contract
AED 65,000/yr12 months · AED 138 per sqft
8 Nov 2021Sold by developerOff-plan
AED 723,000AED 1,535 per sqft

Source: Dubai Land Department. Updated 22 October 2026.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
16th of 26
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 10,900 /yr
Last sold
AED 723K · November 2021

About 1622, Zada Tower By Damac

1622 is a one-bedroom apartment of 471 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 8 November 2021 for AED 723,000, or AED 1,535 per sqft, in line with the AED 1,534 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 22 October 2026, is AED 76,000 a year: a gross yield of 10.5% on the 2021 price, before the service charge of about AED 10,900 a year.

Sales and rents for 1622 over time

Sales
Unit 1622, 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, November 2021: AED 723,000 (AED 1,535 per sqft)

1622 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1622, each contractTypical one-bed in Zada Tower By Damac
70K80K202320252027Typical rent by year: 2023 AED 80,000; 2024 AED 75,000; 2025 AED 79,389; 2026 AED 70,000New contract, May 2023: AED 65,000 a yearNew contract, October 2024: AED 72,000 a yearNew contract, October 2025: AED 76,000 a yearRenewal, October 2026: AED 76,000 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 1622 sits

All 698 1-beds →

1622 last sold in November 2021 at AED 1,535 per sqft, in line with what one-beds in Zada Tower By Damac were fetching at the time (AED 1,534). 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. 1622's AED 76,000 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 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

1622, Zada Tower By Damac in numbers

  • Sold once: by DAMAC on 8 November 2021 for AED 723,000, or AED 1,535 per sqft.
  • Rented since May 2023 on 4 Ejari contracts, from AED 65,000 to AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2021 price is 10.5%, 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 22 October 2026.

Questions about 1622, Zada Tower By Damac

What did unit 1622 last sell for?

AED 723,000 on 8 November 2021, sold by the developer: AED 1,535 per sqft for 471 sqft. It is the only registered sale of the unit.

What is the rent for unit 1622?

AED 76,000 a year on the contract renewed on 22 October 2026. The previous contract, from October 2025, was AED 76,000; the unit has been rented since May 2023.

How big is unit 1622?

471 sqft (43.8 sqm): a one-bedroom apartment on the 16th floor of a 26-storey tower completed in 2023.

What is unit 1622 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 1622, Zada Tower By Damac

Starts from the last sale price (AED 723K, 8 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 723,000
Deposit, UAE resident (20%)
AED 144,600
Deposit, non-resident (40%)
AED 289,200
Monthly over 25 years at 3.7%
AED 2,958

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