1008, Mada Residences
Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1008, Mada Residences
What is 1008 worth today?
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Source: Dubai Land Department. Updated 5 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,070 sqft
- Floor
- 10th of 36
- Parking
- P1-49
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 23,200 /yr
- Last sold
- AED 1.74M · June 2016
- Building
- Mada Residences
About 1008, Mada Residences
1008 is a one-bedroom apartment of 1,070 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 14 June 2016 for AED 1,737,581, or AED 1,624 per sqft, in line with the AED 1,587 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 5 November 2025, is AED 93,382 a year: a gross yield of 5.4% on the 2016 price, before the service charge of about AED 23,200 a year.
Sales and rents for 1008 over time
1008 has sold once; the dashed line is the one-bed median of each year in the building.
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 1008 sits
All 55 1-beds →1008 last sold in June 2016 at AED 1,624 per sqft, in line with what one-beds in Mada Residences were fetching at the time (AED 1,587). 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. 1008's AED 93,382 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Apr 202620 April 2026 | 1,040 sqft | 2,150,000 | 2,066 | ||
| 9 Feb 20269 February 2026 | 889 sqft | 1,580,000 | 1,777 | ||
| 28 Jul 202528 July 2025 | 1,101 sqft | 2,000,000 | 1,816 | ||
| 14 Jul 202514 July 2025 | 1,114 sqft | 2,150,000 | 1,929 |
Mada Residences
Building192 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%
Other units on the 10th floor
All 192 units in Mada Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 904 sqft | AED 1.45MAED 1,450,000 · Apr 2024April 2024 | 135,000 /yr | |
| 1002 | 1-bed | 1,137 sqft | AED 1.87MAED 1,872,692 · Jun 2016June 2016 | 87,000 /yr | |
| 1003 | 2-bed | 1,629 sqft | AED 2.73MAED 2,727,956 · Jun 2018June 2018 | 165,000 /yr | |
| 1004 | 1-bed | 903 sqft | AED 1.53MAED 1,530,000 · Dec 2023December 2023 | 100,000 /yr | |
| 1005 | 1-bed | 1,101 sqft | AED 2.15MAED 2,150,000 · Mar 2025March 2025 | 170,000 /yr | |
| 1006 | 1-bed | 1,114 sqft | AED 2.01MAED 2,011,984 · Jul 2016July 2016 | ||
| 1007 | 2-bed | 1,623 sqft | AED 2.64MAED 2,641,401 · May 2016May 2016 | ||
| 1009 | 1-bed | 1,040 sqft | AED 1.6MAED 1,600,000 · Jun 2023June 2023 |
1008, Mada Residences in numbers
- Sold once: by Artar Real Estate Development on 14 June 2016 for AED 1,737,581, or AED 1,624 per sqft.
- Rented since January 2019 on 9 Ejari contracts. The rent fell from AED 85,000 to AED 67,000 in 2020 and recovered to AED 93,382 by November 2025.
- At AED 93,382 a year the gross yield on the 2016 price is 5.4%, before a service charge of about AED 23,200 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 5 November 2025.
Questions about 1008, Mada Residences
What did unit 1008 last sell for?
AED 1,737,581 on 14 June 2016, sold by the developer: AED 1,624 per sqft for 1,070 sqft. It is the only registered sale of the unit.
What is the rent for unit 1008?
AED 93,382 a year on the contract renewed on 5 November 2025. The previous contract, from November 2024, was AED 88,935; the unit has been rented since January 2019.
How big is unit 1008?
1,070 sqft (99.4 sqm): a one-bedroom apartment on the 10th floor of a 36-storey tower completed in 2018.
What is unit 1008 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 1008, Mada Residences
Starts from the last sale price (AED 1.74M, 14 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,737,581
- Deposit, UAE resident (20%)
- AED 347,516
- Deposit, non-resident (40%)
- AED 695,032
- Monthly over 25 years at 3.7%
- AED 7,109
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →