1-bed · 471 sqftZada Tower By Damac, Business Bay · 24th floor · completed 2023

2423, Zada Tower By Damac

Sold prices and rental history: sold 3 times, last in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2423 · DLD and Ejari recordsUpdated 27 November 2024
Last soldAED 1M27 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2423, Zada Tower By Damac

What is 2423 worth today?

Last sold for AED 1,000,000 in 2024

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27 Nov 2024SoldReady
AED 1,000,000AED 2,123 per sqft
26 Jul 2023SoldReady
AED 850,000AED 1,804 per sqft
31 Mar 2022Sold by developerOff-plan
AED 724,000AED 1,537 per sqft

Source: Dubai Land Department. Updated 27 November 2024.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
24th of 26
Parking
P1-71
Developer
DAMAC
Completed
2023
Service charge
AED 10,900 /yr
Last sold
AED 1M · November 2024

About 2423, Zada Tower By Damac

2423 is a one-bedroom apartment of 471 sqft on the 24th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 27 November 2024 for AED 1,000,000, or AED 2,123 per sqft, 5% above the AED 2,015 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2423 over time

Sales
Unit 2423, 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, March 2022: AED 724,000 (AED 1,537 per sqft)Sold, July 2023: AED 850,000 (AED 1,804 per sqft)Sold, November 2024: AED 1,000,000 (AED 2,123 per sqft)

2423 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2423, 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 2423 sits

All 698 1-beds →

2423 last sold in November 2024 at AED 2,123 per sqft, 5% above what one-beds in Zada Tower By Damac were fetching at the time (AED 2,015). 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 24th floor

All 698 units in Zada Tower By Damac
Value
24011-bedAED 716K · Mar 2022
24021-bedAED 960K · Sep 2023
24031-bedAED 751K · Mar 2022
24041-bedAED 751K · Mar 2022
24051-bedAED 722K · Mar 2022
24061-bedAED 751K · May 2022
24071-bedAED 722K · Mar 2022
1–7 of 26

2423, Zada Tower By Damac in numbers

  • Sold 3 times: first on 31 March 2022 for AED 724,000, last on 27 November 2024 for AED 1,000,000 (AED 2,123 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 November 2024.

Questions about 2423, Zada Tower By Damac

What did unit 2423 last sell for?

AED 1,000,000 on 27 November 2024: AED 2,123 per sqft for 471 sqft. The unit has 3 registered sales; the first was AED 724,000 in March 2022.

How big is unit 2423?

471 sqft (43.8 sqm): a one-bedroom apartment on the 24th floor of a 26-storey tower completed in 2023.

What is unit 2423 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 2423, Zada Tower By Damac

Starts from the last sale price (AED 1M, 27 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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