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ZADA Residences

Presenting, Zada Business Bay, a residential development by Damac Properties comprising of finely crafted 1 bedroom apartments in Dubai, UAE. The sleek and elegant residential units will provide awe-inspiring views of the Dubai skyline and that of the surrounding lush green landscapes.

Strategically located within a master-planned community, the premium residences are loaded to the core with a wide range of life-enhancing amenities. The project as a whole introduces you to a whole new lifestyle. In fact, in each and every corner of the development, you will find something remarkable at every corner.

If you look at the design and the structure, it is a blend of tradition and modern elements, fused to present you homes that come with their own set of uniqueness. This is where you can live the life of your dreams. Built to the highest standards, the family-friendly development provides a new meaning to luxury and affordable apartments.

Every aspect of the development is designed to dazzle your senses. The stylish interiors, modern kitchen as well as the spacious living and dining rooms will let you stay in great comfort.

It is here that you will find a space that you can call it your own. The relaxing and easy going lifestyle along with the tranquil setting keeps you fresh and allows you to take a break from the day to day stress.

Configured to suit your refined taste and preference, this new development also appears to be a good opportunity for seasoned investors as well as first-time buyers.

Project Highlights:

  • Residential development comprising a fine selection of 1 bedroom apartments
  • Exceptional location right in the heart of Dubai
  • Viable investment opportunity with attractive rental returns
  • Access to fine designer stores and high-end boutiques
  • Equipped with best-in-class amenities
  • Stylish and thoughtfully done interiors
  • Incentive laden payment plan

This residential project is aimed towards promoting an integrated lifestyle and hence, the amenities included are truly futuristic. Offering a new concept of luxury, the apartment units are meant to help you lead a fuss-free life. Everything is assimilated according for your convenience. Herein are some of the facilities that you can truly enjoy:

Key amenities that are to be made available are as follows:

  • Swimming pools
  • Children Playground
  • Well-established community
  • Entertainment venues
  • Fitness facilities presented by gym and health club
  • Laundry Services
  • Nature & Parks
  • Parking
  • Schools
  • Shopping

The building of ZADA has 699 units in total situated on 26 floors, 7 high-speed elevators, covered parking with 1 plot dedicated for each apartment, and both, 3 podium levels with various abovementioned amenities and facilities, together with a reception counter with concierge service on the ground floor. For sale there are 1 bedroom apartment available ranging in size from 414 sqft to 1,183 sqft, priced from  AED 699,999 to the maximum of AED1,180,000, with an average price per unit of about AED742,385.

Minimum price per sq. ft. is AED1,483

Maximum  price per sq. ft. is AED 1,603

Average price per sq. ft. is AED1,506

SERVICE CHARGES: AED 17

PAYMENT PLAN:

In the context of a payment plan, this residential development will surely provide you with a great many alternatives. It does not matter if you are an investor or a buyer. At the end of the day, the intent is to let you acquire a residential unit, without much of any confusion.

Deposit Payment 21%+4%

1% every month for 59 month

20% final payment (60th month) upon the completion scheduled for Q4 2022.

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Lease process (Rent out)

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)

1 hour

Contract of the lessee and agency.

Up to 5 days

Real estate search.

Selection of optimal options.

Up to 2 days

Signing of the lease agreement

Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process

1 hour

Contract of the tenant and agency.

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

1 Week

Registration of the contract of purchase / sale

Customer charges:

  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration

Additional services:

Property management

Sales Process

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

None

the management process

1 hour

Contract of the owner and agency

1 year

Rendering of management services

1 day

Reporting

Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process

1 hour

Contract of the tenant and agency.

From 3 days

Selection of optimal investment options

1 Week

Registration of the contract of purchase / sale

Expenses of the investor:

  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration

Additional services:

Property management