1306, Mada Residences
Sold prices and rental history: sold once, by the developer in May 2016, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1306, Mada Residences
What is 1306 worth today?
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Source: Dubai Land Department. Updated 1 December 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 1,114 sqft
- Floor
- 13th of 36
- Parking
- P3-8
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 24,100 /yr
- Last sold
- AED 1.76M · May 2016
- Building
- Mada Residences
About 1306, Mada Residences
1306 is a one-bedroom apartment of 1,114 sqft on the 13th 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 May 2016 for AED 1,757,899, or AED 1,578 per sqft, in line with the AED 1,584 one-beds in the building were fetching at the time.
It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 December 2020, is AED 65,000 a year: a gross yield of 3.7% on the 2016 price, before the service charge of about AED 24,100 a year.
Sales and rents for 1306 over time
1306 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 1306 sits
All 55 1-beds →1306 last sold in May 2016 at AED 1,578 per sqft, in line with what one-beds in Mada Residences were fetching at the time (AED 1,584). 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. 1306's AED 65,000 is at the bottom 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 13th floor
All 192 units in Mada Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 889 sqft | AED 1.58MAED 1,580,000 · Feb 2026February 2026 | 84,509 /yr | |
| 1302 | 1-bed | 1,134 sqft | AED 1.32MAED 1,320,000 · Oct 2022October 2022 | 65,937 /yr | |
| 1303 | 2-bed | 1,630 sqft | AED 2.73MAED 2,727,956 · Jun 2018June 2018 | 180,000 /yr | |
| 1304 | 1-bed | 903 sqft | AED 1.6MAED 1,600,000 · Jun 2025June 2025 | 97,020 /yr | |
| 1305 | 1-bed | 1,086 sqft | AED 1.24MAED 1,237,081 · Sep 2018September 2018 | 150,000 /yr | |
| 1307 | 2-bed | 1,623 sqft | AED 2.65MAED 2,646,270 · May 2016May 2016 | ||
| 1308 | 1-bed | 1,085 sqft | AED 2.09MAED 2,090,000 · May 2025May 2025 | 84,000 /yr | |
| 1309 | 1-bed | 1,042 sqft | AED 1.14MAED 1,135,001 · Jan 2019January 2019 | 110,000 /yr |
1306, Mada Residences in numbers
- Sold once: by Artar Real Estate Development on 24 May 2016 for AED 1,757,899, or AED 1,578 per sqft.
- Rented since April 2019 on 2 Ejari contracts, from AED 83,077 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2016 price is 3.7%, before a service charge of about AED 24,100 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 1 December 2020.
Questions about 1306, Mada Residences
What did unit 1306 last sell for?
AED 1,757,899 on 24 May 2016, sold by the developer: AED 1,578 per sqft for 1,114 sqft. It is the only registered sale of the unit.
What is the rent for unit 1306?
AED 65,000 a year on the contract signed on 1 December 2020. The previous contract, from April 2019, was AED 83,077.
How big is unit 1306?
1,114 sqft (103.5 sqm): a one-bedroom apartment on the 13th floor of a 36-storey tower completed in 2018.
What is unit 1306 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 1306, Mada Residences
Starts from the last sale price (AED 1.76M, 24 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,757,899
- Deposit, UAE resident (20%)
- AED 351,580
- Deposit, non-resident (40%)
- AED 703,160
- Monthly over 25 years at 3.7%
- AED 7,192
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →