1103, Mada Residences
Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1103, Mada Residences
What is 1103 worth today?
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Source: Dubai Land Department. Updated 23 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,628 sqft
- Floor
- 11th of 36
- Parking
- P3-34
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 35,300 /yr
- Last sold
- AED 2.73M · June 2018
- Building
- Mada Residences
About 1103, Mada Residences
1103 is a two-bedroom apartment of 1,628 sqft on the 11th 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 2018 on 7 Ejari contracts. The current contract, renewed on 23 September 2024, is AED 175,000 a year: a gross yield of 6.4% on the 2018 price, before the service charge of about AED 35,300 a year.
Sales and rents for 1103 over time
1103 has sold once; the dashed line is the two-bed median of each year in the building.
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 1103 sits
All 80 2-beds →1103 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. 1103's AED 175,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 1,656 sqft | 2,966,700 | 1,791 | ||
| 19 May 202619 May 2026 | 1,526 sqft | 2,550,000 | 1,671 | ||
| 31 Mar 202631 March 2026 | 1,628 sqft | 2,825,000 | 1,734 | ||
| 12 Dec 202512 December 2025 | 1,620 sqft | 3,158,400 | 1,949 |
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 11th floor
All 192 units in Mada Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 882 sqft | AED 1.4MAED 1,402,002 · Mar 2016March 2016 | 120,750 /yr | |
| 1102 | 1-bed | 1,138 sqft | AED 1.67MAED 1,670,000 · Dec 2022December 2022 | ||
| 1104 | 1-bed | 903 sqft | AED 1.43MAED 1,430,052 · May 2016May 2016 | 71,000 /yr | |
| 1105 | 1-bed | 551 sqft | AED 694KAED 693,841 · May 2023May 2023 | 75,000 /yr | |
| 1106 | 1-bed | 1,114 sqft | AED 1.75MAED 1,753,485 · Mar 2016March 2016 | 73,000 /yr | |
| 1107 | 2-bed | 1,663 sqft | AED 2.3MAED 2,300,000 · Oct 2023October 2023 | 120,750 /yr | |
| 1108 | 1-bed | 1,087 sqft | AED 565KAED 565,000 · Jun 2021June 2021 | 150,000 /yr | |
| 1109 | 1-bed | 1,040 sqft | AED 2.35MAED 2,350,000 · Mar 2025March 2025 | 78,750 /yr |
1103, 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 November 2018 on 7 Ejari contracts. The rent fell from AED 118,500 to AED 92,000 in 2020 and recovered to AED 175,000 by September 2024.
- At AED 175,000 a year the gross yield on the 2018 price is 6.4%, 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 23 September 2024.
Questions about 1103, Mada Residences
What did unit 1103 last sell for?
AED 2,727,956 on 28 June 2018, sold by the developer: AED 1,699 per sqft for 1,628 sqft. It is the only registered sale of the unit.
What is the rent for unit 1103?
AED 175,000 a year on the contract renewed on 23 September 2024. The previous contract, from September 2023, was AED 170,000; the unit has been rented since November 2018.
How big is unit 1103?
1,628 sqft (151.2 sqm): a two-bedroom apartment on the 11th floor of a 36-storey tower completed in 2018.
What is unit 1103 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 1103, 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 →