1-bed · 471 sqftZada Tower By Damac, Business Bay · 7th floor · completed 2023

723, Zada Tower By Damac

Sold prices and rental history: sold once, by the developer in March 2022, and rented once, from January 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 723 · DLD and Ejari recordsUpdated 22 January 2025
Last soldAED 750K30 March 2022
Current rentAED 74K /yr22 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 723, Zada Tower By Damac

What is 723 worth today?

Last sold for AED 750,000 in 2022

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22 Jan 2025RentedNew contract
AED 74,000/yr12 months · AED 157 per sqft
30 Mar 2022Sold by developerOff-plan
AED 750,000AED 1,592 per sqft

Source: Dubai Land Department. Updated 22 January 2025.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
7th of 26
Parking
1
Developer
DAMAC
Completed
2023
Service charge
AED 10,900 /yr
Last sold
AED 750K · March 2022

About 723, Zada Tower By Damac

723 is a one-bedroom apartment of 471 sqft on the 7th floor of Zada Tower By Damac, a 26-storey tower in Business Bay completed in 2023 by DAMAC. The developer sold it on 30 March 2022 for AED 750,000, or AED 1,592 per sqft, 3% above the AED 1,540 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 January 2025. The current contract, signed on 22 January 2025, is AED 74,000 a year: a gross yield of 9.9% on the 2022 price, before the service charge of about AED 10,900 a year.

Sales and rents for 723 over time

Sales
Unit 723, 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 750,000 (AED 1,592 per sqft)

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

Rents
Unit 723, 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 70,000New contract, January 2025: AED 74,000 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 723 sits

All 698 1-beds →

723 last sold in March 2022 at AED 1,592 per sqft, 3% above what one-beds in Zada Tower By Damac were fetching at the time (AED 1,540). 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. 723's AED 74,000 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

723, Zada Tower By Damac in numbers

  • Sold once: by DAMAC on 30 March 2022 for AED 750,000, or AED 1,592 per sqft.
  • Rented since January 2025 on one Ejari contract, at AED 74,000 a year.
  • At AED 74,000 a year the gross yield on the 2022 price is 9.9%, 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 22 January 2025.

Questions about 723, Zada Tower By Damac

What did unit 723 last sell for?

AED 750,000 on 30 March 2022, sold by the developer: AED 1,592 per sqft for 471 sqft. It is the only registered sale of the unit.

What is the rent for unit 723?

AED 74,000 a year on the contract signed on 22 January 2025.

How big is unit 723?

471 sqft (43.8 sqm): a one-bedroom apartment on the 7th floor of a 26-storey tower completed in 2023.

What is unit 723 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 723, Zada Tower By Damac

Starts from the last sale price (AED 750K, 30 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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