1-bed · 473 sqftZada Tower By Damac, Business Bay · 5th floor · completed 2023

516, Zada Tower By Damac

Sold prices and rental history: sold once, by the developer in September 2021, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 5 October 2026
Last soldAED 718K6 September 2021
Current rentAED 73K /yr5 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Zada Tower By Damac

What is 516 worth today?

Last sold for AED 718,000 in 2021

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5 Oct 2026RentedRenewal
AED 72,941/yr10 months · AED 154 per sqft
5 Oct 2025RentedNew contract
AED 85,000/yr12 months · AED 179 per sqft
6 Sep 2021Sold by developerOff-plan
AED 718,000AED 1,517 per sqft

Source: Dubai Land Department. Updated 5 October 2026.

Key facts

Type
1-bed apartment
Size
473 sqft
Floor
5th of 26
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 11,000 /yr
Last sold
AED 718K · September 2021

About 516, Zada Tower By Damac

516 is a one-bedroom apartment of 473 sqft on the 5th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 6 September 2021 for AED 718,000, or AED 1,517 per sqft, in line with the AED 1,536 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 5 October 2026, is AED 72,941 a year: a gross yield of 10.2% on the 2021 price, before the service charge of about AED 11,000 a year.

Sales and rents for 516 over time

Sales
Unit 516, 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 2021: AED 718,000 (AED 1,517 per sqft)

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

Rents
Unit 516, 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, October 2025: AED 85,000 a yearRenewal, October 2026: AED 72,941 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 516 sits

All 698 1-beds →

516 last sold in September 2021 at AED 1,517 per sqft, in line with what one-beds in Zada Tower By Damac were fetching at the time (AED 1,536). 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. 516's AED 72,941 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

516, Zada Tower By Damac in numbers

  • Sold once: by DAMAC on 6 September 2021 for AED 718,000, or AED 1,517 per sqft.
  • Rented since October 2025 on 2 Ejari contracts, from AED 85,000 to AED 72,941 a year.
  • At AED 72,941 a year the gross yield on the 2021 price is 10.2%, before a service charge of about AED 11,000 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 5 October 2026.

Questions about 516, Zada Tower By Damac

What did unit 516 last sell for?

AED 718,000 on 6 September 2021, sold by the developer: AED 1,517 per sqft for 473 sqft. It is the only registered sale of the unit.

What is the rent for unit 516?

AED 72,941 a year on the contract renewed on 5 October 2026. The previous contract, from October 2025, was AED 85,000.

How big is unit 516?

473 sqft (43.9 sqm): a one-bedroom apartment on the 5th floor of a 26-storey tower completed in 2023.

What is unit 516 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 516, Zada Tower By Damac

Starts from the last sale price (AED 718K, 6 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 718,000
Deposit, UAE resident (20%)
AED 143,600
Deposit, non-resident (40%)
AED 287,200
Monthly over 25 years at 3.7%
AED 2,938

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