1-bed · 470 sqftZada Tower By Damac, Business Bay · 5th floor · completed 2023

508, Zada Tower By Damac

Sold prices and rental history: sold twice, last in November 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 835K4 November 2024
Current rentAED 70K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Zada Tower By Damac

What is 508 worth today?

Last sold for AED 835,000 in 2024

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1 Dec 2025RentedNew contract
AED 70,000/yr12 months · AED 149 per sqft
4 Nov 2024SoldReady
AED 835,000AED 1,775 per sqft
12 Oct 2024RentedRenewal
AED 71,400/yr12 months · AED 152 per sqft
21 Feb 2022Sold by developerOff-plan
AED 751,000AED 1,596 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
1-bed apartment
Size
470 sqft
Floor
5th of 26
Parking
B3-93
Developer
DAMAC
Completed
2023
Service charge
AED 10,900 /yr
Last sold
AED 835K · November 2024

About 508, Zada Tower By Damac

508 is a one-bedroom apartment of 470 sqft on the 5th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 4 November 2024 for AED 835,000, or AED 1,775 per sqft, 11% below the AED 2,005 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 December 2025, is AED 70,000 a year: a gross yield of 8.4% on the 2024 price, before the service charge of about AED 10,900 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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, February 2022: AED 751,000 (AED 1,596 per sqft)Sold, November 2024: AED 835,000 (AED 1,775 per sqft)

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

Rents
Unit 508, 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 71,400 a yearNew contract, December 2025: AED 70,000 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 508 sits

All 698 1-beds →

508 last sold in November 2024 at AED 1,775 per sqft, 11% below what one-beds in Zada Tower By Damac were fetching at the time (AED 2,005). 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. 508's AED 70,000 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 5th floor

All 698 units in Zada Tower By Damac
Value
5011-bedAED 950K · Feb 2026
5021-bedAED 705K · Nov 2019
5031-bedAED 1.04M · Aug 2025
5041-bedAED 717K · Jan 2020
5051-bedAED 712K · May 2020
5061-bedAED 717K · Jan 2020
5071-bedAED 860K · Oct 2023
1–7 of 26

508, Zada Tower By Damac in numbers

  • Sold twice: first on 21 February 2022 for AED 751,000, last on 4 November 2024 for AED 835,000 (AED 1,775 per sqft).
  • Rented since October 2024 on 2 Ejari contracts, from AED 71,400 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 8.4%, 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 1 December 2025.

Questions about 508, Zada Tower By Damac

What did unit 508 last sell for?

AED 835,000 on 4 November 2024: AED 1,775 per sqft for 470 sqft. The unit has 2 registered sales; the first was AED 751,000 in February 2022.

What is the rent for unit 508?

AED 70,000 a year on the contract signed on 1 December 2025. The previous contract, from October 2024, was AED 71,400.

How big is unit 508?

470 sqft (43.7 sqm): a one-bedroom apartment on the 5th floor of a 26-storey tower completed in 2023.

What is unit 508 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 508, Zada Tower By Damac

Starts from the last sale price (AED 835K, 4 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 835,000
Deposit, UAE resident (20%)
AED 167,000
Deposit, non-resident (40%)
AED 334,000
Monthly over 25 years at 3.7%
AED 3,416

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