1-bed · 903 sqftMada Residences, Downtown Dubai · 10th floor · completed 2018

1004, Mada Residences

Sold prices and rental history: sold twice, last in December 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 19 December 2023
Last soldAED 1.53M19 December 2023
Current rentAED 100K /yr15 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Mada Residences

What is 1004 worth today?

Last sold for AED 1,530,000 in 2023

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19 Dec 2023SoldReady
AED 1,530,000AED 1,693 per sqft
15 Sep 2023RentedRenewal
AED 100,000/yr12 months · AED 111 per sqft
15 Mar 2023RentedRenewal
AED 100,000/yr6 months · AED 111 per sqft
15 Mar 2022RentedNew contract
AED 80,000/yr12 months · AED 88 per sqft
12 Apr 2016Sold by developerOff-plan
AED 1,428,252AED 1,581 per sqft

Source: Dubai Land Department. Updated 19 December 2023.

Key facts

Type
1-bed apartment
Size
903 sqft
Floor
10th of 36
Parking
P4-48
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 19,600 /yr
Last sold
AED 1.53M · December 2023

About 1004, Mada Residences

1004 is a one-bedroom apartment of 903 sqft on the 10th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . It last sold on 19 December 2023 for AED 1,530,000, or AED 1,693 per sqft, 13% above the AED 1,494 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 15 September 2023, is AED 100,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 19,600 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical one-bed in Mada Residences
1.5M2M2016201920222025Typical sale price by year: 2016 AED 1,727,058; 2018 AED 1,237,081; 2019 AED 1,350,000; 2022 AED 1,670,000; 2023 AED 1,500,000; 2024 AED 1,650,000; 2025 AED 2,000,000Sold by developer, April 2016: AED 1,428,252 (AED 1,581 per sqft)Sold, December 2023: AED 1,530,000 (AED 1,693 per sqft)

1004 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1004, each contractTypical one-bed in Mada Residences
80K100K2018202120242027Typical rent by year: 2018 AED 86,000; 2019 AED 85,000; 2020 AED 71,000; 2021 AED 70,000; 2022 AED 80,000; 2023 AED 92,500; 2024 AED 104,750; 2025 AED 110,000; 2026 AED 108,636New contract, March 2022: AED 80,000 a yearRenewal, March 2023: AED 100,000 a yearRenewal, September 2023: AED 100,000 a year

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

1-beds in Mada Residences, and where 1004 sits

All 55 1-beds →

1004 last sold in December 2023 at AED 1,693 per sqft, 13% above what one-beds in Mada Residences were fetching at the time (AED 1,494). Over the last 12 months one-beds sold for AED 1,580,000 to 2,150,000, around AED 1,922 per sqft, and rent for AED 72,500 to 150,000 a year. 1004's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Apr 20262,150,000
9 Feb 20261,580,000
28 Jul 20252,000,000
14 Jul 20252,150,000
2 1-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
10032-bedAED 2.73M · Jun 2018
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

1004, Mada Residences in numbers

  • Sold twice: first on 12 April 2016 for AED 1,428,252, last on 19 December 2023 for AED 1,530,000 (AED 1,693 per sqft).
  • Rented since March 2022 on 3 Ejari contracts, from AED 80,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 19,600 a year (AED 21.66 per sqft).
  • One-beds in Mada Residences sold for AED 1,580,000–2,150,000 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 19 December 2023.

Questions about 1004, Mada Residences

What did unit 1004 last sell for?

AED 1,530,000 on 19 December 2023: AED 1,693 per sqft for 903 sqft. The unit has 2 registered sales; the first was AED 1,428,252 in April 2016.

What is the rent for unit 1004?

AED 100,000 a year on the contract renewed on 15 September 2023. The previous contract, from March 2023, was AED 100,000; the unit has been rented since March 2022.

How big is unit 1004?

903 sqft (83.9 sqm): a one-bedroom apartment on the 10th floor of a 36-storey tower completed in 2018.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mada Residences sold for AED 1,580,000 to 2,150,000 in the last 12 months, around AED 1,922 per sqft.

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Mortgage on 1004, Mada Residences

Starts from the last sale price (AED 1.53M, 19 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,530,000
Deposit, UAE resident (20%)
AED 306,000
Deposit, non-resident (40%)
AED 612,000
Monthly over 25 years at 3.7%
AED 6,260

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