1505, Mada Residences
Sold prices and rental history: sold once, by the developer in March 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1505, Mada Residences
What is 1505 worth today?
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Source: Dubai Land Department. Updated 12 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,624 sqft
- Floor
- 15th of 36
- Parking
- P2-40
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 35,200 /yr
- Last sold
- AED 2.65M · March 2016
- Building
- Mada Residences
About 1505, Mada Residences
1505 is a two-bedroom apartment of 1,624 sqft on the 15th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . The developer sold it on 21 March 2016 for AED 2,651,273, or AED 1,632 per sqft, 4% above the AED 1,569 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 12 April 2025, is AED 190,000 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 35,200 a year.
Sales and rents for 1505 over time
1505 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 1505 sits
All 80 2-beds →1505 last sold in March 2016 at AED 1,632 per sqft, 4% above what two-beds in Mada Residences were fetching at the time (AED 1,569). 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. 1505's AED 190,000 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 15th floor
All 192 units in Mada Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 3-bed | 2,097 sqft | AED 2.5MAED 2,500,000 · Jan 2023January 2023 | 138,372 /yr | |
| 1502 | 2-bed | 1,621 sqft | AED 2.07MAED 2,070,000 · Aug 2018August 2018 | 140,000 /yr | |
| 1503 | 2-bed | 1,527 sqft | AED 2.3MAED 2,300,000 · Oct 2023October 2023 | 100,000 /yr | |
| 1504 | 2-bed | 1,522 sqft | AED 2.03MAED 2,025,000 · Mar 2023March 2023 | 96,600 /yr | |
| 1506 | 3-bed | 2,196 sqft | AED 3.43MAED 3,425,000 · Nov 2023November 2023 | 153,605 /yr |
1505, Mada Residences in numbers
- Sold once: by Artar Real Estate Development on 21 March 2016 for AED 2,651,273, or AED 1,632 per sqft.
- Rented since April 2021 on 5 Ejari contracts, from AED 110,000 to AED 190,000 a year.
- At AED 190,000 a year the gross yield on the 2016 price is 7.2%, 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 12 April 2025.
Questions about 1505, Mada Residences
What did unit 1505 last sell for?
AED 2,651,273 on 21 March 2016, sold by the developer: AED 1,632 per sqft for 1,624 sqft. It is the only registered sale of the unit.
What is the rent for unit 1505?
AED 190,000 a year on the contract signed on 12 April 2025. The previous contract, from April 2025, was AED 190,000; the unit has been rented since April 2021.
How big is unit 1505?
1,624 sqft (150.9 sqm): a two-bedroom apartment on the 15th floor of a 36-storey tower completed in 2018.
What is unit 1505 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 1505, Mada Residences
Starts from the last sale price (AED 2.65M, 21 March 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,651,273
- Deposit, UAE resident (20%)
- AED 530,255
- Deposit, non-resident (40%)
- AED 1,060,509
- Monthly over 25 years at 3.7%
- AED 10,847
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →