1-bed · 1,085 sqftMada Residences, Downtown Dubai · 13th floor · completed 2018

1308, Mada Residences

Sold prices and rental history: sold 5 times, last in May 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1308 · DLD and Ejari recordsUpdated 27 May 2025
Last soldAED 2.09M27 May 2025
Current rentAED 84K /yr15 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1308, Mada Residences

What is 1308 worth today?

Last sold for AED 2,090,000 in 2025

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27 May 2025SoldReady
AED 2,090,000AED 1,925 per sqft
24 Dec 2024SoldReady
AED 1,650,000AED 1,520 per sqft
25 Jul 2023SoldReady
AED 1,400,000AED 1,289 per sqft
15 Feb 2023RentedNew contract
AED 84,000/yr12 months · AED 77 per sqft
15 Feb 2023RentedRenewal
AED 84,000/yr12 months · AED 77 per sqft
15 Feb 2022RentedNew contract
AED 80,000/yr12 months · AED 74 per sqft
5 Jan 2021RentedRenewal
AED 70,000/yr12 months · AED 64 per sqft
5 Jan 2020RentedRenewal
AED 80,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 27 May 2025.

Key facts

Type
1-bed apartment
Size
1,085 sqft
Floor
13th of 36
Parking
P1-28
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 23,500 /yr
Last sold
AED 2.09M · May 2025

About 1308, Mada Residences

1308 is a one-bedroom apartment of 1,085 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 27 May 2025 for AED 2,090,000, or AED 1,925 per sqft, 3% above the AED 1,862 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 15 February 2023, is AED 84,000 a year: a gross yield of 4.0% on the 2025 price, before the service charge of about AED 23,500 a year.

Sales and rents for 1308 over time

Sales
Unit 1308, 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, June 2016: AED 1,743,997 (AED 1,630 per sqft)Sold, May 2018: AED 1,200,000 (AED 1,121 per sqft)Sold, July 2023: AED 1,400,000 (AED 1,289 per sqft)Sold, December 2024: AED 1,650,000 (AED 1,520 per sqft)Sold, May 2025: AED 2,090,000 (AED 1,925 per sqft)

1308 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1308, each contractTypical one-bed in Mada Residences
80K100K2018202120242027Typical 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, December 2018: AED 90,000 a yearRenewal, January 2020: AED 80,000 a yearRenewal, January 2021: AED 70,000 a yearNew contract, February 2022: AED 80,000 a yearNew contract, February 2023: AED 84,000 a yearRenewal, February 2023: AED 84,000 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 1308 sits

All 55 1-beds →

1308 last sold in May 2025 at AED 1,925 per sqft, 3% above what one-beds in Mada Residences were fetching at the time (AED 1,862). 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. 1308's AED 84,000 is in the lower half 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
13021-bedAED 1.32M · Oct 2022
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
1–7 of 8

1308, Mada Residences in numbers

  • Sold 5 times: first on 20 June 2016 for AED 1,743,997, last on 27 May 2025 for AED 2,090,000 (AED 1,925 per sqft).
  • Rented since December 2018 on 6 Ejari contracts. The rent fell from AED 90,000 to AED 70,000 in 2021 and recovered to AED 84,000 by February 2023.
  • At AED 84,000 a year the gross yield on the 2025 price is 4.0%, before a service charge of about AED 23,500 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 27 May 2025.

Questions about 1308, Mada Residences

What did unit 1308 last sell for?

AED 2,090,000 on 27 May 2025: AED 1,925 per sqft for 1,085 sqft. The unit has 5 registered sales; the first was AED 1,743,997 in June 2016.

What is the rent for unit 1308?

AED 84,000 a year on the contract signed on 15 February 2023. The previous contract, from February 2023, was AED 84,000; the unit has been rented since December 2018.

How big is unit 1308?

1,085 sqft (100.8 sqm): a one-bedroom apartment on the 13th floor of a 36-storey tower completed in 2018.

What is unit 1308 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 1308, Mada Residences

Starts from the last sale price (AED 2.09M, 27 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,090,000
Deposit, UAE resident (20%)
AED 418,000
Deposit, non-resident (40%)
AED 836,000
Monthly over 25 years at 3.7%
AED 8,551

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