1-bed · 469 sqftZada Tower By Damac, Business Bay · 17th floor · completed 2023

1704, Zada Tower By Damac

Sold prices and rental history: sold once, by the developer in September 2019, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 12 October 2024
Last soldAED 731K26 September 2019
Current rentAED 71K /yr12 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Zada Tower By Damac

What is 1704 worth today?

Last sold for AED 731,000 in 2019

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12 Oct 2024RentedRenewal
AED 70,500/yr12 months · AED 150 per sqft
26 Sep 2019Sold by developerOff-plan
AED 731,000AED 1,557 per sqft

Source: Dubai Land Department. Updated 12 October 2024.

Key facts

Type
1-bed apartment
Size
469 sqft
Floor
17th of 26
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 10,900 /yr
Last sold
AED 731K · September 2019

About 1704, Zada Tower By Damac

1704 is a one-bedroom apartment of 469 sqft on the 17th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 26 September 2019 for AED 731,000, or AED 1,557 per sqft, in line with the AED 1,557 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 October 2024. The current contract, renewed on 12 October 2024, is AED 70,500 a year: a gross yield of 9.6% on the 2019 price, before the service charge of about AED 10,900 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, 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, September 2019: AED 731,000 (AED 1,557 per sqft)

1704 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1704, 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 70,000Renewal, October 2024: AED 70,500 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 1704 sits

All 698 1-beds →

1704 last sold in September 2019 at AED 1,557 per sqft, in line with what one-beds in Zada Tower By Damac were fetching at the time (AED 1,557). 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. 1704's AED 70,500 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 17th floor

All 698 units in Zada Tower By Damac
Value
17011-bedAED 720K · Mar 2025
17021-bedAED 719K · Oct 2019
17031-bedAED 1.05M · May 2026
17051-bedAED 920K · Jan 2024
17061-bedAED 1M · May 2024
17071-bedAED 733K · Nov 2019
17081-bedAED 737K · Nov 2019
1–7 of 26

1704, Zada Tower By Damac in numbers

  • Sold once: by DAMAC on 26 September 2019 for AED 731,000, or AED 1,557 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 70,500 a year.
  • At AED 70,500 a year the gross yield on the 2019 price is 9.6%, 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 12 October 2024.

Questions about 1704, Zada Tower By Damac

What did unit 1704 last sell for?

AED 731,000 on 26 September 2019, sold by the developer: AED 1,557 per sqft for 469 sqft. It is the only registered sale of the unit.

What is the rent for unit 1704?

AED 70,500 a year on the contract renewed on 12 October 2024.

How big is unit 1704?

469 sqft (43.6 sqm): a one-bedroom apartment on the 17th floor of a 26-storey tower completed in 2023.

What is unit 1704 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 1704, Zada Tower By Damac

Starts from the last sale price (AED 731K, 26 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 731,000
Deposit, UAE resident (20%)
AED 146,200
Deposit, non-resident (40%)
AED 292,400
Monthly over 25 years at 3.7%
AED 2,991

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