1203, Mada Residences
Sold prices and rental history: sold once, by the developer in October 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 1203, Mada Residences
What is 1203 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,605 sqft
- Floor
- 12th of 36
- Parking
- P2-16
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 34,800 /yr
- Last sold
- AED 2.73M · October 2016
- Building
- Mada Residences
About 1203, Mada Residences
1203 is a two-bedroom apartment of 1,605 sqft on the 12th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . The developer sold it on 25 October 2016 for AED 2,733,576, or AED 1,703 per sqft, 5% above the AED 1,619 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 180,000 a year: a gross yield of 6.6% on the 2016 price, before the service charge of about AED 34,800 a year.
Sales and rents for 1203 over time
1203 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 1203 sits
All 80 2-beds →1203 last sold in October 2016 at AED 1,703 per sqft, 5% above what two-beds in Mada Residences were fetching at the time (AED 1,619). 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. 1203's AED 180,000 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 12th floor
All 192 units in Mada Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 904 sqft | AED 1.73MAED 1,725,000 · Apr 2025April 2025 | 85,000 /yr | |
| 1202 | 1-bed | 1,127 sqft | AED 1.88MAED 1,877,199 · Jun 2016June 2016 | 115,000 /yr | |
| 1204 | 1-bed | 903 sqft | AED 1.62MAED 1,620,845 · May 2016May 2016 | 115,000 /yr | |
| 1205 | 1-bed | 1,101 sqft | AED 2MAED 2,000,000 · Apr 2025April 2025 | 145,000 /yr | |
| 1206 | 1-bed | 1,114 sqft | AED 1.8MAED 1,800,000 · Jul 2024July 2024 | 107,566 /yr | |
| 1207 | 2-bed | 1,623 sqft | AED 2.64MAED 2,643,024 · Jul 2016July 2016 | 180,000 /yr | |
| 1208 | 1-bed | 1,070 sqft | AED 1.74MAED 1,741,860 · Jun 2016June 2016 | 110,000 /yr | |
| 1209 | 1-bed | 1,018 sqft | AED 1.83MAED 1,833,120 · May 2016May 2016 | 140,000 /yr |
1203, Mada Residences in numbers
- Sold once: by Artar Real Estate Development on 25 October 2016 for AED 2,733,576, or AED 1,703 per sqft.
- Rented since January 2019 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 90,000 in 2021 and recovered to AED 180,000 by March 2026.
- At AED 180,000 a year the gross yield on the 2016 price is 6.6%, before a service charge of about AED 34,800 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 1 March 2026.
Questions about 1203, Mada Residences
What did unit 1203 last sell for?
AED 2,733,576 on 25 October 2016, sold by the developer: AED 1,703 per sqft for 1,605 sqft. It is the only registered sale of the unit.
What is the rent for unit 1203?
AED 180,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 180,000; the unit has been rented since January 2019.
How big is unit 1203?
1,605 sqft (149.1 sqm): a two-bedroom apartment on the 12th floor of a 36-storey tower completed in 2018.
What is unit 1203 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 1203, Mada Residences
Starts from the last sale price (AED 2.73M, 25 October 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,733,576
- Deposit, UAE resident (20%)
- AED 546,715
- Deposit, non-resident (40%)
- AED 1,093,430
- Monthly over 25 years at 3.7%
- AED 11,184
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →