1 bedroom, Zada Tower
Dubai, Business Bay, Zada Tower
Dubai Mall
15-min walk
43 m²
Property area
2023
Construction year
15 out of 26
Floor
1
Bathroom(s)
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
$254 795 ($5 925/m²)
930 000 AED
Rental yield: 7,51%
Business Bay

12-min walk
Price growth rate per year: 5,3%
TOTAL INVESTMENT AMOUNT: $286 702
  • Unit price: $254 795
  • Renovation price: $1 370
  • Furnishings: $6 849
  • Commission: $5 351
  • DLD fee payment: $10 351
  • Transaction registration: $1 151
  • Transaction legal support: $2 192
  • Power of attorney: $822
  • Manager cheque: $3 822

TOTAL RENTAL YIELD PER YEAR: $31 233
  • Rent payments: $2 603 (per month) / $31 233 (per year)

EXPENSES PER YEAR: $9 703
  • Service charge: $1 999
  • Utilities: $658
  • Internet: $1 266
  • AC: $986
  • AC maintenance: $110
  • Management commission: $4 685

NET RENTAL YIELD PER YEAR: $21 530
or 7,51%

Payment plan is offered for this apartment.
Affordable apartment in a new building available for installment payment

Zada Tower is a new development in the Business Bay area by DAMAC in Business Bay. The building construction was completed in 2023. The impressive design of the project represents the latest trends in architecture, technology. The building has a convenient location, within walking distance to the metro station, close to canal walkways and within walking distance to Downtown.

12-minute walk to the Business Bay subway.

  • 1 bedroom
  • 1 bathroom
  • 1 balcony with canal view
  • Size: 43 sqm
  • Floor 15 (out of 26)
  • 1 parking place

Key tower features:
  • Swimming pool, jacuzzi, sauna and hammam
  • Gym
  • Excellent transportation accessibility

Payment plan:
  • On purchase: 712,000 AED
  • Then 11 installments of 7,060 AED until July 2024.
  • At the end of the installment the last payment (July 2024): 141,200 AED
Business Bay is located between the Dubai Water Canal and the Downtown area, close to the metro stations and major traffic arteries as well as a few minutes away by car from the DXB Airport, Dubai Design District, DIFC and DWTC World Center.

The infrastructure of each neighborhood includes everything necessary for work and comfortable living, for example, modern offices, gyms, restaurants, pools and shopping malls.

There are a lot of kindergartens in the community, for example, Kolibri (Hummingbird), Maple Bear, Blossoms, Churchill Towers as well as schools, such as Jumeirah и Safa, Al Quoz, GEMS и Gems Wellington.

Emirates Hospital Clinic is considered one of the best hospitals in the area and is renowned for its excellent diagnostics and experts.

The main attractions of Business Bay are the Al Habtoor City mixed-use complex, the unique La Perle aqua-theatre as well as a variety of panoramic lounges with the great Burj Khalifa views.

Business Bay has previously been announced the best real estate investment area in Dubai. Housing prices have grown by 17% in 2 years in this neighborhood and can be regarded as one of the fastest growth rates on the Dubai real estate market.