2-bed · 1,629 sqftMada Residences, Downtown Dubai · 10th floor · completed 2018

1003, Mada Residences

Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 4 July 2025
Last soldAED 2.73M28 June 2018
Current rentAED 165K /yr4 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Mada Residences

What is 1003 worth today?

Last sold for AED 2,727,956 in 2018

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4 Jul 2025RentedNew contract
AED 165,000/yr12 months · AED 101 per sqft
4 Jul 2025RentedNew contract
AED 165,000/yr12 months · AED 101 per sqft
4 Jul 2023RentedNew contract
AED 165,000/yr12 months · AED 101 per sqft
1 May 2022RentedRenewal
AED 110,000/yr12 months · AED 68 per sqft
1 May 2021RentedNew contract
AED 100,000/yr12 months · AED 61 per sqft
7 Apr 2020RentedRenewal
AED 105,000/yr12 months · AED 64 per sqft
7 Mar 2019RentedNew contract
AED 120,000/yr13 months · AED 74 per sqft
28 Jun 2018Sold by developerOff-plan
AED 2,727,956AED 1,699 per sqft

Source: Dubai Land Department. Updated 4 July 2025.

Key facts

Type
2-bed apartment
Size
1,629 sqft
Floor
10th of 36
Parking
P3-33
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 35,300 /yr
Last sold
AED 2.73M · June 2018

About 1003, Mada Residences

1003 is a two-bedroom apartment of 1,629 sqft on the 10th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . The developer sold it on 28 June 2018 for AED 2,727,956, or AED 1,699 per sqft, in line with the AED 1,699 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 4 July 2025, is AED 165,000 a year: a gross yield of 6.0% on the 2018 price, before the service charge of about AED 35,300 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical two-bed in Mada Residences
2M3M2016201920222025Typical sale price by year: 2016 AED 2,609,020; 2017 AED 2,842,446; 2018 AED 2,727,956; 2021 AED 1,640,000; 2022 AED 2,112,500; 2023 AED 2,300,000; 2024 AED 2,666,126; 2025 AED 2,925,000; 2026 AED 2,825,000Sold by developer, June 2018: AED 2,727,956 (AED 1,699 per sqft)

1003 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1003, each contractTypical two-bed in Mada Residences
100K150K2018202120242027Typical rent by year: 2018 AED 120,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 100,000; 2022 AED 115,500; 2023 AED 140,000; 2024 AED 175,000; 2025 AED 169,400; 2026 AED 166,500New contract, March 2019: AED 120,000 a yearRenewal, April 2020: AED 105,000 a yearNew contract, May 2021: AED 100,000 a yearRenewal, May 2022: AED 110,000 a yearNew contract, July 2023: AED 165,000 a yearNew contract, July 2025: AED 165,000 a yearNew contract, July 2025: AED 165,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mada Residences, and where 1003 sits

All 80 2-beds →

1003 last sold in June 2018 at AED 1,699 per sqft, in line with what two-beds in Mada Residences were fetching at the time (AED 1,699). Over the last 12 months two-beds sold for AED 2,550,000 to 3,158,400, around AED 1,791 per sqft, and rent for AED 140,000 to 200,000 a year. 1003's AED 165,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 20262,966,700
19 May 20262,550,000
31 Mar 20262,825,000
12 Dec 20253,158,400
5 2-bed sales in the last 12 months

Mada Residences

Building

192 apartments, 1-bed to 4-bed over 36 floors in Downtown Dubai, completed in 2018 by Artar Real Estate Development . 17 sold in the last 12 months.

Typical price per sqft
AED 1,821 Up 0.3%
Typical sale
AED 3.66M
Typical rent
AED 149K /yr
Typical yield
5.6%
Mada Residences, Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 192 units in Mada Residences
Value
10011-bedAED 1.45M · Apr 2024
10021-bedAED 1.87M · Jun 2016
10041-bedAED 1.53M · Dec 2023
10051-bedAED 2.15M · Mar 2025
10061-bedAED 2.01M · Jul 2016
10072-bedAED 2.64M · May 2016
10081-bedAED 1.74M · Jun 2016
1–7 of 8

1003, Mada Residences in numbers

  • Sold once: by Artar Real Estate Development on 28 June 2018 for AED 2,727,956, or AED 1,699 per sqft.
  • Rented since March 2019 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 100,000 in 2021 and recovered to AED 165,000 by July 2025.
  • At AED 165,000 a year the gross yield on the 2018 price is 6.0%, before a service charge of about AED 35,300 a year (AED 21.66 per sqft).
  • Two-beds in Mada Residences sold for AED 2,550,000–3,158,400 in the 12 months to November 2026; the building's median across all types is AED 1,821 per sqft.

Source: Dubai Land Department. Updated 4 July 2025.

Questions about 1003, Mada Residences

What did unit 1003 last sell for?

AED 2,727,956 on 28 June 2018, sold by the developer: AED 1,699 per sqft for 1,629 sqft. It is the only registered sale of the unit.

What is the rent for unit 1003?

AED 165,000 a year on the contract signed on 4 July 2025. The previous contract, from July 2025, was AED 165,000; the unit has been rented since March 2019.

How big is unit 1003?

1,629 sqft (151.3 sqm): a two-bedroom apartment on the 10th floor of a 36-storey tower completed in 2018.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mada Residences sold for AED 2,550,000 to 3,158,400 in the last 12 months, around AED 1,791 per sqft.

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Mortgage on 1003, Mada Residences

Starts from the last sale price (AED 2.73M, 28 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,727,956
Deposit, UAE resident (20%)
AED 545,591
Deposit, non-resident (40%)
AED 1,091,182
Monthly over 25 years at 3.7%
AED 11,161

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →