This ready and vacant 1-bedroom apartment in Zada Tower, Business Bay, is offered at AED 870,000, reflecting an 11.7% discount to the commonly referenced market price of AED 985,000. The unit spans 410 sq.ft, resulting in an entry basis of AED 2,122 per sq.ft. For context, recent Dubai Land Department transactions in Zada Tower for similar 1-bedroom layouts have ranged from AED 1,050,000 to AED 1,100,000 (AED 2,095–2,231 per sq.ft for 470–525 sq.ft units). This deal is therefore positioned below recent closing prices, with the added advantage of a fully furnished, mid-floor (levels 10–20) apartment featuring pool and community views and a balcony. The immediate investment thesis is straightforward: a cash buyer can secure a completed, furnished, and vacant asset in a central Dubai location at a visible discount to both current listings and recent sales, with no payment plan or handover risk.
ZADA TOWER · Business BayDAMAC · Business Bay
DISTRESS DEAL: 1-BR IN ZADA TOWER
- Unit
- 1-BR
- Size
- 410 sq.ft
- Developer
- DAMAC
The discount is measured against the market price recorded for this unit, not against a valuation.
This unit has sold. The page is kept as a record of a deal we transacted. Every figure on it — the asking price, the discount to original price and the payment schedule — is the position as listed on 17 June 2026 and is historic. It is not an indication of what the same unit, or a comparable one, would cost today.
On this page
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The numbers
Payment breakdown
- Payment to sellerAED 870,000
- DLD Transfer fee 4% + 40 AEDAED 34,840
- DLD Registration Trustee fee + 5%VATAED 5,250
- Buyer's agent comission 2% + 5%VATAED 18,270
- Total on transferAED 928,360
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Floor plan
Distress Deal
PROJECT DESCRIPTION
OVERVIEW
LOCATION & TRANSPORT
Zada Tower is situated in the heart of Business Bay, one of Dubai’s most active mixed-use districts. The location offers direct connectivity to Sheikh Zayed Road, Downtown Dubai, and Dubai Canal, making it attractive for both residents and tenants seeking access to the city’s commercial and leisure hubs. The nearest metro station is approximately a 12-minute walk, supporting both end-user and rental demand. Taxi and ride-hailing services are readily available, and the area is well-served by bus routes. For investors, this central positioning enhances both rental pool depth and resale liquidity, as Business Bay continues to attract a broad tenant base ranging from young professionals to corporate tenants seeking proximity to Downtown and DIFC.
AMENITIES & SURROUNDING
Zada Tower, developed by DAMAC, is a 30-storey residential building completed in 2023. The project comprises 699 one-bedroom apartments and offers a range of amenities designed for urban living. Residents benefit from a temperature-controlled swimming pool, fitness centre, landscaped gardens, children’s playground, podium parking, and an outdoor cinema. The building includes four basement levels for parking, supporting practical day-to-day living. The surrounding Business Bay district is fully established, with retail, dining, and leisure options within walking distance. Proximity to Dubai Mall, Bay Avenue, and the Dubai Canal promenade further enhances the lifestyle offering for both owners and tenants. The area’s infrastructure is mature, with supermarkets, pharmacies, and essential services readily accessible.
MARKET
At AED 2,122 per sq.ft, this unit is priced below recent transaction levels for comparable 1-bedroom apartments in Zada Tower, which have closed between AED 2,095 and AED 2,231 per sq.ft. The furnished, ready, and vacant status is a practical advantage in a market where many listings are either tenanted or require additional fit-out. Business Bay’s rental market remains active, with strong demand for compact, well-located units from both long-term tenants and short-stay operators. Liquidity in the 1-bedroom segment is supported by the area’s broad appeal and the ongoing demand from professionals working in Downtown, DIFC, and the surrounding commercial corridors. The main risk points are the volume of similar stock in the area and the potential for service charges to impact net yields. However, the below-market entry price provides a buffer against short-term volatility and supports a disciplined underwriting approach, with gross yields likely to remain in the mid-single-digit range based on current rental benchmarks.
CONCLUSION
For investors seeking immediate exposure to Dubai’s central apartment market, this Zada Tower 1-bedroom offers a clear value case. The unit is ready, vacant, and furnished, with a visible discount to both current market listings and recent sales. The Business Bay location ensures depth of tenant demand and supports future resale prospects. The main considerations are the competitive nature of the area’s rental market and the need to account for ongoing service charges. Provided these factors are weighed appropriately, the deal presents a straightforward, cash-led entry into a completed project by a recognised developer, with practical rental and resale utility. The discount is meaningful in the context of recent transaction data, making this a pragmatic choice for investors focused on immediate usability and central Dubai positioning.
Location
ZADA TOWER — Business Bay, Dubai
Illustrative model
Scenario modeller
Set your own assumptions and see how DISTRESS DEAL: 1-BR IN ZADA TOWER behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.
Enter the asking price to run the model.
Every figure recalculates as you type. Use the price you are considering.
Method
- Handover
- The date the unit is handed over, set in quarters from purchase. Gross rent, the vacancy allowance, maintenance and management, and the service charge all start there and not before — an unbuilt unit cannot be let and is not billed. The year handover falls in gets the exact fraction it is entitled to, not a rounded whole year. Capital growth is not treated this way: it compounds from today across the whole hold, because an off-plan unit can be sold before it completes. Where the holding period ends before handover, there is no operating income anywhere in the schedule and the whole return is capital movement less costs.
- Gross yield
- Gross annual rent ÷ purchase price. Before every cost. Where handover is in the future this is a stabilised full year from handover — a rate on the price, not a figure reduced by the construction period. The schedule shows what each year actually books.
- Net yield
- (Rent collected after the vacancy allowance − maintenance and management − service charge) ÷ purchase price. Stabilised on the same basis as the gross yield.
- Rent growth
- Compound annual movement in gross rent, applied from handover and stepping at each anniversary of it, which is when a tenancy renews. It may be negative. It does not touch the service charge, which is held flat in nominal terms.
- ROI
- Total profit over the whole hold ÷ total cash invested (price + all acquisition costs). Unlevered. Not an annual rate.
- ROE
- Total profit over the whole hold ÷ equity contributed (deposit + all acquisition and finance costs), after debt service. Levered. Not an annual rate.
- Cash-on-cash return
- Year-one operating cash flow, after debt service where there is a mortgage, ÷ cash invested. Reported separately from ROI/ROE and never merged with it. Year one means the first year of the schedule as it stands: where that year falls before handover it carries no rent, so on a mortgaged off-plan purchase the figure is negative — that is the year you fund out of pocket, and it is shown rather than smoothed away.
- IRR
- The annualised rate that discounts the dated cash-flow schedule above to a net present value of zero, solved numerically. Where the schedule has no sign change, or the solver does not converge on a single meaningful rate, we print “—” rather than substitute a simpler annualised-return figure.
An illustrative model, not a forecast, a valuation, an offer or investment advice. Every figure is generated from the assumptions on this page — some yours, the rest stated defaults, not promises. Rents, service charges, fees, vacancy, handover dates, financing terms and sale prices vary by unit and over time; past prices are not a guide to future prices. Returns are not guaranteed and capital is at risk.
Mortgage availability, loan-to-value, rate and term are subject to lender criteria and underwriting; nothing here indicates that finance will be offered. Figures exclude any tax payable in your country of residence — take independent financial, tax and legal advice before committing. Mitchell's Commercial Real Estate is a trading brand; the RERA-licensed broker is Stephen James Mitchell, BRN 68593.
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