1-bed · 469 sqftZada Tower By Damac, Business Bay · 7th floor · completed 2023

711, Zada Tower By Damac

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

Unit 711 · DLD and Ejari recordsUpdated 17 December 2024
Last soldAED 1.15M17 December 2024
Current rentAED 85K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Zada Tower By Damac

What is 711 worth today?

Last sold for AED 1,150,000 in 2024

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17 Dec 2024SoldReady
AED 1,150,000AED 2,453 per sqft
10 Oct 2024RentedNew contract
AED 85,000/yr12 months · AED 179 per sqft
17 Mar 2022Sold by developerOff-plan
AED 738,000AED 1,574 per sqft

Source: Dubai Land Department. Updated 17 December 2024.

Key facts

Type
1-bed apartment
Size
469 sqft
Floor
7th of 26
Parking
B3-31
Developer
DAMAC
Completed
2023
Service charge
AED 10,900 /yr
Last sold
AED 1.15M · December 2024

About 711, Zada Tower By Damac

711 is a one-bedroom apartment of 469 sqft on the 7th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. It last sold on 17 December 2024 for AED 1,150,000, or AED 2,453 per sqft, 21% above the AED 2,028 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 October 2024. The current contract, signed on 10 October 2024, is AED 85,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 10,900 a year.

Sales and rents for 711 over time

Sales
Unit 711, each saleTypical one-bed in Zada Tower By Damac
800K1M1.2M20192021202320252027Typical 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 738,000 (AED 1,574 per sqft)Sold, December 2024: AED 1,150,000 (AED 2,453 per sqft)

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

Rents
Unit 711, each contractTypical one-bed in Zada Tower By Damac
70K80K20232024202520262027Typical rent by year: 2023 AED 80,000; 2024 AED 75,000; 2025 AED 79,389; 2026 AED 70,000New contract, October 2024: AED 85,000 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 711 sits

All 698 1-beds →

711 last sold in December 2024 at AED 2,453 per sqft, 21% above what one-beds in Zada Tower By Damac were fetching at the time (AED 2,028). 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. 711's AED 85,000 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 7th floor

All 698 units in Zada Tower By Damac
Value
7011-bedAED 707K · Mar 2022
7021-bedAED 704K · Mar 2022
7031-bedAED 704K · Mar 2022
7041-bedAED 714K · Mar 2022
7051-bedAED 712K · Mar 2022
7061-bedAED 712K · May 2022
7071-bedAED 712K · Apr 2022
1–7 of 26

711, Zada Tower By Damac in numbers

  • Sold twice: first on 17 March 2022 for AED 738,000, last on 17 December 2024 for AED 1,150,000 (AED 2,453 per sqft).
  • Rented since October 2024 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 7.4%, 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 17 December 2024.

Questions about 711, Zada Tower By Damac

What did unit 711 last sell for?

AED 1,150,000 on 17 December 2024: AED 2,453 per sqft for 469 sqft. The unit has 2 registered sales; the first was AED 738,000 in March 2022.

What is the rent for unit 711?

AED 85,000 a year on the contract signed on 10 October 2024.

How big is unit 711?

469 sqft (43.6 sqm): a one-bedroom apartment on the 7th floor of a 26-storey tower completed in 2023.

What is unit 711 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 711, Zada Tower By Damac

Starts from the last sale price (AED 1.15M, 17 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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