Zada Residences by Damac Properties
Last Update: 2021-12-23 00:23:56
About the project
Zada Residences is an apartment complex from the developer Damac Properties located in the Business Bay neighborhood. The building is designed in a contemporary style and has 26 floors. The lower floors are occupied by public spaces. Commissioning is scheduled for Q4 2022.
Choose from one-bedroom apartments ranging in size from 410 to 570 sq. ft (38-53 sq. m). The residences have wide panoramic windows overlooking the Dubai Creek Canal. The interiors are designed in a minimalist style.
Residents of Zada Residences will enjoy the following benefits:
- 24-hour security
- video surveillance
- concierge services/li>
- covered parking
- an open-air cinema
- landscaped grounds with a garden
- an equipped gym
- a sauna and jacuzzi
- a swimming pool
- a children’s play area
One-bedroom apartments include a bathroom, open-plan kitchen, living room, and balcony. The minimum asking price is AED 699, 000 (USD 189,000).
Location
The complex is located in the Business Bay area. This is the business center of the city, where there are offices of international and national companies.
The proximity of Zada Residences to Zheikh Zayed Rd allows for quick access to any area of Dubai. Business Bay Metro Station is a 15-minute walk from the apartments.
Dubai International Airport can be reached in about 20 minutes by car. Al Maktoum International Airport is a 40-minute drive away.
Dubai Expo Exhibition Center is about 20-25 minutes away.
The Business Bay area is adjacent to Downtown Dubai, where there are the popular attractions: the skyscraper Burj Khalifa, the Dubai Fountain show, and the Dubai Opera Theater.
The nearest beach is Jumeirah Beach, a 10-minute drive away. And within 5-7 minutes on a private vehicle you can reach the city park, Safa Park. There are various recreation areas, jogging and bicycle paths, and a barbecue area here.
There are many cafes and restaurants around the complex, as well as supermarkets and beauty salons.
Midline Bay Medical, Pearl Dental Clinic Dubai, and Emirates Clinic are all within walking distance.
Maple Bear Preschool is 3 minutes’ walk away, Kids First Group, and Canadian Kids Nursery is 10-15 minutes away. Also, there are educational facilities for school children in the area.
Payback
The profitability of the project is 5.08%. The average cost of a long-term lease for a one-bedroom apartment is AED 60,000 (USD 16,200).