Zada Tower
✓ Resale Available

Zada Tower

From AED 1.05M·Completed Dec 2023·Accepted payment methods: credit_debit_card, bank_transfe... Payment
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AED 1.05M
Starting Price
Dec 2023
Handover
Accepted payment methods: credit_debit_card, bank_transfe...
Payment Plan
1 BR · Apartments
Type

Project Overview

Zada Tower is a 26-story tower located in Dubai's Business Bay business district. The building features one-bedroom apartments. The complex contains a total of 699 units. This collection of apartments from renowned developer Damac Properties features premium residences with their own open-air movie theater, where family evenings can be enjoyed. The interior of the residences is kept in a minimalist style with the use of light colors and the addition of contrasting dark elements in the form of furniture or wall panels. The apartments are characterized by stunning views of the cityscape and first-class amenities. Every detail has been thought out to ensure the highest level of comfort for residents. Residents have access to amenities such as a temperature-controlled swimming pool, state-of-the-art gym, steam rooms and saunas, as well as 24-hour security and concierge services. The complex is built close to Downtown Dubai. Residents can easily get to any location by public transportation. One of the most popular ways of transportation is the subway. The nearest station to the residential complex is in Business Bay, a 15-minute walk away. There are several bus stops near the complex. Metro station is just a 12-minute walk away, and the proximity to Sheikh Zayed Road Expressway provides easy access to any part of the city. Surrounding Zada Tower are the entertainment and social facilities required for the modern man.

Project Specifications
DeveloperDamac Properties
LocationBusiness Bay
Unit Types1 BR, Apartments
AreaBusiness Bay
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 45,523 / year
Cash-on-Cash
1.8%
Levered cashflow AED 10,708
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 68,575 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Zada Tower launch basis1,172AED 1.05MCurrent launch / asking basis
Business Bay ready-stock comps1,900AED 1.71MIndicative resale benchmark
Business Bay premium peer launches2,350AED 2.12MNew-launch peer set
Trophy alternative proxy2,950AED 2.65MHigher-end anchor for negotiation context

Gallery

Zada Tower — View 2
Zada Tower — View 3
Zada Tower — View 4
Zada Tower — View 5
Zada Tower — View 6
Zada Tower — View 7
Zada Tower — View 8
Zada Tower — View 9
Zada Tower — View 10
Zada Tower official render 1

Zada Tower official render 1

Zada Tower official render 2

Zada Tower official render 2

Zada Tower official render 3

Zada Tower official render 3

Zada Tower official render 4

Zada Tower official render 4

Zada Tower official render 5

Zada Tower official render 5

Zada Tower official render 6

Zada Tower official render 6

Zada Tower official render 7

Zada Tower official render 7

Zada Tower official render 8

Zada Tower official render 8

Zada Tower official render 9

Zada Tower official render 9

Zada Tower official render 10

Zada Tower official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

Accepted payment methods: credit_debit_card, bank_transfe...

Flexible Payment

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Floor Plans

Zada Tower — 1 Bedroom Floor Plan

Amenities & Lifestyle

Children’s pool
Cinema
Concierge Service
Covered Parking
Dining outlets (coffee houses & restaurants)
Leisure areas
Lift
Lobby
SPA
Security and CCTV
Shared Pool
Shared gym
Shared gym & fitness

Location

Business Bay

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Business BayBusiness BayDubai, UAE

Developer Track Record

01

Zada Tower by Damac Properties

02

Located in Business Bay

03

Starting from AED 1,055,000

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Dec 2023

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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