2-bed · 1,623 sqftMada Residences, Downtown Dubai · 12th floor · completed 2018

1207, Mada Residences

Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1207 · DLD and Ejari recordsUpdated 17 August 2025
Last soldAED 2.64M24 July 2016
Current rentAED 180K /yr17 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207, Mada Residences

What is 1207 worth today?

Last sold for AED 2,643,024 in 2016

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17 Aug 2025RentedRenewal
AED 180,000/yr12 months · AED 108 per sqft
17 Aug 2024RentedNew contract
AED 180,000/yr12 months · AED 108 per sqft
8 Sep 2023RentedNew contract
AED 165,000/yr12 months · AED 99 per sqft
2 Aug 2022RentedNew contract
AED 135,000/yr12 months · AED 81 per sqft
15 Apr 2021RentedRenewal
AED 95,000/yr12 months · AED 57 per sqft
15 Apr 2020RentedNew contract
AED 95,000/yr12 months · AED 57 per sqft
1 Feb 2019RentedNew contract
AED 115,331/yr13 months · AED 69 per sqft
24 Jul 2016Sold by developerOff-plan
AED 2,643,024AED 1,628 per sqft

Source: Dubai Land Department. Updated 17 August 2025.

Key facts

Type
2-bed apartment
Size
1,623 sqft
Floor
12th of 36
Parking
P2-17
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 35,200 /yr
Last sold
AED 2.64M · July 2016

About 1207, Mada Residences

1207 is a two-bedroom apartment of 1,623 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 24 July 2016 for AED 2,643,024, or AED 1,628 per sqft, in line with the AED 1,627 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 17 August 2025, is AED 180,000 a year: a gross yield of 6.8% on the 2016 price, before the service charge of about AED 35,200 a year.

Sales and rents for 1207 over time

Sales
Unit 1207, 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, July 2016: AED 2,643,024 (AED 1,628 per sqft)

1207 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1207, 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 166,500New contract, February 2019: AED 115,331 a yearNew contract, April 2020: AED 95,000 a yearRenewal, April 2021: AED 95,000 a yearNew contract, August 2022: AED 135,000 a yearNew contract, September 2023: AED 165,000 a yearNew contract, August 2024: AED 180,000 a yearRenewal, August 2025: AED 180,000 a year

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 1207 sits

All 80 2-beds →

1207 last sold in July 2016 at AED 1,628 per sqft, in line with what two-beds in Mada Residences were fetching at the time (AED 1,627). 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. 1207's AED 180,000 is in the upper half of that range.

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 12th floor

All 192 units in Mada Residences
Value
12011-bedAED 1.73M · Apr 2025
12021-bedAED 1.88M · Jun 2016
12032-bedAED 2.73M · Oct 2016
12041-bedAED 1.62M · May 2016
12051-bedAED 2M · Apr 2025
12061-bedAED 1.8M · Jul 2024
12081-bedAED 1.74M · Jun 2016
1–7 of 8

1207, Mada Residences in numbers

  • Sold once: by Artar Real Estate Development on 24 July 2016 for AED 2,643,024, or AED 1,628 per sqft.
  • Rented since February 2019 on 7 Ejari contracts. The rent fell from AED 115,331 to AED 95,000 in 2021 and recovered to AED 180,000 by August 2025.
  • At AED 180,000 a year the gross yield on the 2016 price is 6.8%, before a service charge of about AED 35,200 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 17 August 2025.

Questions about 1207, Mada Residences

What did unit 1207 last sell for?

AED 2,643,024 on 24 July 2016, sold by the developer: AED 1,628 per sqft for 1,623 sqft. It is the only registered sale of the unit.

What is the rent for unit 1207?

AED 180,000 a year on the contract renewed on 17 August 2025. The previous contract, from August 2024, was AED 180,000; the unit has been rented since February 2019.

How big is unit 1207?

1,623 sqft (150.8 sqm): a two-bedroom apartment on the 12th floor of a 36-storey tower completed in 2018.

What is unit 1207 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 1207, Mada Residences

Starts from the last sale price (AED 2.64M, 24 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,643,024
Deposit, UAE resident (20%)
AED 528,605
Deposit, non-resident (40%)
AED 1,057,210
Monthly over 25 years at 3.7%
AED 10,813

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