2-bed · 1,623 sqftMada Residences, Downtown Dubai · 10th floor · completed 2018

1007, Mada Residences

Sold prices and rental history: sold once, by the developer in May 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 10 May 2016
Last soldAED 2.64M10 May 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Mada Residences

What is 1007 worth today?

Last sold for AED 2,641,401 in 2016

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10 May 2016Sold by developerOff-plan
AED 2,641,401AED 1,627 per sqft

Source: Dubai Land Department. Updated 10 May 2016.

Key facts

Type
2-bed apartment
Size
1,623 sqft
Floor
10th of 36
Parking
P2-12
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 35,200 /yr
Last sold
AED 2.64M · May 2016

About 1007, Mada Residences

1007 is a two-bedroom apartment of 1,623 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 10 May 2016 for AED 2,641,401, or AED 1,627 per sqft, in line with the AED 1,641 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1007 over time

Sales
Unit 1007, 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, May 2016: AED 2,641,401 (AED 1,627 per sqft)

1007 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1007, 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 166,500

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 1007 sits

All 80 2-beds →

1007 last sold in May 2016 at AED 1,627 per sqft, in line with what two-beds in Mada Residences were fetching at the time (AED 1,641). 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.

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
10032-bedAED 2.73M · Jun 2018
10041-bedAED 1.53M · Dec 2023
10051-bedAED 2.15M · Mar 2025
10061-bedAED 2.01M · Jul 2016
10081-bedAED 1.74M · Jun 2016
1–7 of 8

1007, Mada Residences in numbers

  • Sold once: by Artar Real Estate Development on 10 May 2016 for AED 2,641,401, or AED 1,627 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 10 May 2016.

Questions about 1007, Mada Residences

What did unit 1007 last sell for?

AED 2,641,401 on 10 May 2016, sold by the developer: AED 1,627 per sqft for 1,623 sqft. It is the only registered sale of the unit.

How big is unit 1007?

1,623 sqft (150.8 sqm): a two-bedroom apartment on the 10th floor of a 36-storey tower completed in 2018.

What is unit 1007 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 1007, Mada Residences

Starts from the last sale price (AED 2.64M, 10 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,641,401
Deposit, UAE resident (20%)
AED 528,280
Deposit, non-resident (40%)
AED 1,056,560
Monthly over 25 years at 3.7%
AED 10,807

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