Business Bay · Damac Properties
30-storey residential building in Business Bay, completed in 2023. Developer — Damac Properties. Architect — Kieferle & Partner.
Zada Tower is a 30-storey residential building in Business Bay, completed in 2023.
The developer is Damac Properties. The architecture is by Kieferle & Partner.
The building holds 699 apartments in total.
The database currently holds 1 lot in this project, from 1 100 000 AED.
A 30-storey Damac tower in Business Bay with 699 residences, handed over. Our archive holds 24 original photos — more than any other building in this series.
Zada Tower is a residential building in Business Bay by Damac Properties, architect Kieferle & Partner. 30 storeys, 699 residences, handed over. The factsheet lists no amenities.
699 apartments across 30 storeys — about twenty-three units per floor. A fine-grained layout: this is a building of studios and one-bedrooms, aimed at the rental market.
We have twenty-four original photos of this building, hand-selected rather than gathered automatically. Those are what shows on the page: our own footage always runs ahead of propsearch's frames.
For a completed building, that matters more than for one under construction. A render shows the intent; a photo shows what got built: the actual common areas, the condition of the lobbies, the finish. With this much footage, a lot is visible before a viewing.
Our single listing in the building is priced at AED 1.1 million (~$300K), at around AED 2,335/ft² (~$6,840/m²). The Business Bay average is around AED 4,900/ft² (~$14,370/m²), the median lot AED 3.5 million (~$950K).
That makes it one of the most accessible entry points into the city's most expensive district by price per square foot — achieved through the unit's compact size and the building's age.
For a landlord, the format works: a small apartment in Business Bay rents year-round to people who work nearby. But you'll be competing with hundreds of similar units in the same building.
propsearch factsheet (storeys, unit count, developer, architect, stage) and our own stock as of 27 August 2026 (lot in the building, price per square foot for the building and for Business Bay).
In 2025 the Dubai Land Department registered 101 sales in Zada Tower, at a median price of AED 1 008 000 (AED 2 133 per sq ft). Another 39 have been registered since the start of 2026.
| Year | Sales | Median price | AED/sqft | Total value |
|---|---|---|---|---|
| 2025 | 101 | AED 1 008 000 | 2 133 | AED 101.9m |
| 2026, to 10 November | 39 | AED 985 000 | 2 094 | AED 38.5m |
Registered sales of all property types; 2026 is a partial year. Medians, not averages; with fewer than 5 sales no price is quoted. Off-plan share of sales over the last 12 months: 0%.
| Type | Annual rent | Contracts | Gross yield |
|---|---|---|---|
| Studios | AED 65 000 | 4 208 | 6.4% |
| 1-bedroom | AED 85 000 | 6 959 | 5.9% |
| 2-bedroom | AED 129 000 | 3 121 | 5.7% |
| 3-bedroom | AED 189 999 | 743 | 5.7% |
| 4-bedroom | AED 300 000 | 84 | 5.6% |
Median Ejari contract (November 2025 — October 2026) across the whole community rather than this building: rents are not published building by building. Gross yield — before service charges, vacancy and fees.
Between November 2024 and June 2026 the median price per sq ft moved from AED 2 033 to AED 1 833 (−9.8%).
Monthly median of registered sales, ready and off-plan together; months with fewer than five sales are left out.
| Date | Unit | Status | Size, sq ft | Price | AED/sqft |
|---|---|---|---|---|---|
| 19/10/2026 | Apartment, 1-bedroom | ready | 471 | AED 900 000 | 1 911 |
| 19/10/2026 | Apartment, 1-bedroom | ready | 472 | AED 920 000 | 1 950 |
| 14/10/2026 | Apartment, 1-bedroom | ready | 410 | AED 820 000 | 1 999 |
| 30/09/2026 | Apartment, 1-bedroom | ready | 566 | AED 870 000 | 1 536 |
| 09/09/2026 | Apartment, 1-bedroom | ready | 471 | AED 970 000 | 2 059 |
| 07/08/2026 | Apartment, 1-bedroom | ready | 469 | AED 950 000 | 2 027 |
| 03/08/2026 | Apartment, 1-bedroom | ready | 469 | AED 925 000 | 1 973 |
| 27/07/2026 | Apartment, 1-bedroom | ready | 471 | AED 950 000 | 2 017 |
| 08/07/2026 | Apartment, 1-bedroom | ready | 471 | AED 1 000 000 | 2 123 |
| 26/06/2026 | Apartment, 1-bedroom | ready | 471 | AED 990 000 | 2 103 |
| 24/06/2026 | Apartment, 1-bedroom | ready | 410 | AED 760 000 | 1 853 |
| 23/06/2026 | Apartment, 1-bedroom | ready | 471 | AED 970 000 | 2 061 |
Buyer, seller and unit number are not part of the Land Department open data.
Source: Dubai Data (calculated from Dubai Land Department open data), data to 10 November 2026.
Damac Properties. The architecture is by Kieferle & Partner.
30. The building has 699 apartments.
Handed over: 2023. The property is complete, so after the deal you can move in or put it on the rental market at once.
Business Bay. The canal district next to Downtown: conceived as offices, built mostly as apartments, now one of the most tenanted parts of the city.
The database currently holds 1 lot in this project, from 1 100 000 AED. The list changes daily — I will send a fresh selection for the building on request.
What has been written about the building, its developer and Business Bay
ValuStrat's Dubai index for September 2026 stood at 218.6, down 0.1% on the month and 4.5% on the year. 80% of villa and 77% of apartment communities saw no change. Off-plan took 70.3% of sales, led by Majan and JVC.
Berkeley Tower is Ellington Properties' AED 2.8 billion office tower in Business Bay: 60 floors above ground, 109 offices, an indicative AED 4,300–4,800 per sq ft, a 70/30 payment plan and handover in Q3 2030.
A shell and core office comes without floors, ceilings or partitions. It is cheaper than a fitted unit, but in our Business Bay model a 1,550 sq ft office needed AED 620,000 of fit-out, about AED 400 per sq ft, and 4–6 months without a tenant.
Dubai’s tallest completed residential tower is Princess Tower: 414 metres, 101 floors, 2013. Seven of the top ten stand in Dubai Marina. Taller ones are rising: Burj Binghatti Jacob & Co at 557 m, Tiger Sky Tower at 532 m, Six Senses Marina at 517 m.
Selling before handover returns 25% on capital if prices rise 10% and you have paid 40%. Renting pays 5.5–6.5% net every year. Flipping a villa: buy at AED 12.5m, spend 3m, sell from 19m. Three Dubai strategies compared on cash, time and risk.
Five mistakes Dubai property investors repeat: trusting the 8% listing yield when the net is 6.7%, comparing prices instead of payment plans, buying the district not the building, entering with no exit plan, and believing a guaranteed 7%.
Business Bay recorded 14 prime transactions in August 2026 against Palm Jumeirah's 10 — while Dubai-wide transaction volume fell 37% year-on-year and value fell 44%. Rental search demand rose 44% over the same period. What these seemingly contradictory numbers actually mean.
Corinthia Dubai, twin towers above 500 m on Sheikh Zayed Road with a rooftop pool and a Corinthia hotel, is due by 2030. Al Habtoor Group has announced an AED 5bn ($1.36bn) office tower in Al Habtoor City. What the two projects say about the market and who should care.
Omniyat bought a reclaimed island in Marasi Bay to build the Burj Khalifa district's only urban beach club and Sunset Park, a private floating island for VELA Viento residents. In March 2026 it priced a $600m sukuk at 7.25% and said its $11.7bn launched portfolio is fully funded to completion.
I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.
Telegram is the fastest way — I answer personally.
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