1-bed · 1,134 sqftMada Residences, Downtown Dubai · 13th floor · completed 2018

1302, Mada Residences

Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 24 October 2022
Last soldAED 1.32M24 October 2022
Current rentAED 66K /yr25 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, Mada Residences

What is 1302 worth today?

Last sold for AED 1,320,000 in 2022

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24 Oct 2022SoldReady
AED 1,320,000AED 1,163 per sqft
25 Jul 2021RentedRenewal
AED 65,937/yr6 months · AED 58 per sqft
25 Jul 2020RentedNew contract
AED 67,000/yr12 months · AED 59 per sqft
1 Jul 2019RentedNew contract
AED 78,000/yr12 months · AED 69 per sqft
23 Nov 2018RentedNew contract
AED 90,000/yr12 months · AED 79 per sqft
15 Mar 2016Sold by developerOff-plan
AED 1,879,444AED 1,657 per sqft

Source: Dubai Land Department. Updated 24 October 2022.

Key facts

Type
1-bed apartment
Size
1,134 sqft
Floor
13th of 36
Parking
P4-25
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 24,600 /yr
Last sold
AED 1.32M · October 2022

About 1302, Mada Residences

1302 is a one-bedroom apartment of 1,134 sqft on the 13th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . It last sold on 24 October 2022 for AED 1,320,000, or AED 1,163 per sqft.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 25 July 2021, is AED 65,937 a year: a gross yield of 5.0% on the 2022 price, before the service charge of about AED 24,600 a year.

Sales and rents for 1302 over time

Sales
Unit 1302, each saleTypical one-bed in Mada Residences
1.5M2M2016201920222025Typical sale price by year: 2016 AED 1,727,058; 2018 AED 1,237,081; 2019 AED 1,350,000; 2022 AED 1,670,000; 2023 AED 1,500,000; 2024 AED 1,650,000; 2025 AED 2,000,000Sold by developer, March 2016: AED 1,879,444 (AED 1,657 per sqft)Sold, October 2022: AED 1,320,000 (AED 1,163 per sqft)

1302 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1302, each contractTypical one-bed in Mada Residences
60K80K100K2018202120242027Typical rent by year: 2018 AED 86,000; 2019 AED 85,000; 2020 AED 71,000; 2021 AED 70,000; 2022 AED 80,000; 2023 AED 92,500; 2024 AED 104,750; 2025 AED 110,000; 2026 AED 108,636New contract, November 2018: AED 90,000 a yearNew contract, July 2019: AED 78,000 a yearNew contract, July 2020: AED 67,000 a yearRenewal, July 2021: AED 65,937 a year

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 1302 sits

All 55 1-beds →

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. 1302's AED 65,937 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Apr 20262,150,000
9 Feb 20261,580,000
28 Jul 20252,000,000
14 Jul 20252,150,000
2 1-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 13th floor

All 192 units in Mada Residences
Value
13011-bedAED 1.58M · Feb 2026
13032-bedAED 2.73M · Jun 2018
13041-bedAED 1.6M · Jun 2025
13051-bedAED 1.24M · Sep 2018
13061-bedAED 1.76M · May 2016
13072-bedAED 2.65M · May 2016
13081-bedAED 2.09M · May 2025
1–7 of 8

1302, Mada Residences in numbers

  • Sold twice: first on 15 March 2016 for AED 1,879,444, last on 24 October 2022 for AED 1,320,000 (AED 1,163 per sqft).
  • Rented since November 2018 on 4 Ejari contracts, from AED 90,000 to AED 65,937 a year.
  • At AED 65,937 a year the gross yield on the 2022 price is 5.0%, before a service charge of about AED 24,600 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 24 October 2022.

Questions about 1302, Mada Residences

What did unit 1302 last sell for?

AED 1,320,000 on 24 October 2022: AED 1,163 per sqft for 1,134 sqft. The unit has 2 registered sales; the first was AED 1,879,444 in March 2016.

What is the rent for unit 1302?

AED 65,937 a year on the contract renewed on 25 July 2021. The previous contract, from July 2020, was AED 67,000; the unit has been rented since November 2018.

How big is unit 1302?

1,134 sqft (105.4 sqm): a one-bedroom apartment on the 13th floor of a 36-storey tower completed in 2018.

What is unit 1302 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 1302, Mada Residences

Starts from the last sale price (AED 1.32M, 24 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,320,000
Deposit, UAE resident (20%)
AED 264,000
Deposit, non-resident (40%)
AED 528,000
Monthly over 25 years at 3.7%
AED 5,401

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