3-bed · 2,102 sqftMada Residences, Downtown Dubai · 16th floor · completed 2018

1601, Mada Residences

Sold prices and rental history: sold twice, last in September 2026, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 9 September 2026
Last soldAED 3.66M9 September 2026
Current rentAED 170K /yr20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Mada Residences

What is 1601 worth today?

Last sold for AED 3,658,500 in 2026

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9 Sep 2026SoldReady
AED 3,658,500AED 1,740 per sqft
20 Aug 2024RentedRenewal
AED 170,000/yr12 months · AED 81 per sqft
20 Aug 2023RentedNew contract
AED 138,000/yr12 months · AED 66 per sqft
5 Aug 2020RentedNew contract
AED 110,000/yr12 months · AED 52 per sqft
20 Jan 2020RentedRenewal
AED 145,000/yr12 months · AED 69 per sqft
20 Dec 2018RentedNew contract
AED 155,000/yr13 months · AED 74 per sqft
28 Jun 2018Sold by developerOff-plan
AED 3,507,848AED 1,699 per sqft

Source: Dubai Land Department. Updated 9 September 2026.

Key facts

Type
3-bed apartment
Size
2,102 sqft
Floor
16th of 36
Parking
P3-18, P3-19
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 45,500 /yr
Last sold
AED 3.66M · September 2026

About 1601, Mada Residences

1601 is a three-bedroom apartment of 2,102 sqft on the 16th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . It last sold on 9 September 2026 for AED 3,658,500, or AED 1,740 per sqft, 4% below the AED 1,821 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 20 August 2024, is AED 170,000 a year: a gross yield of 4.7% on the 2026 price, before the service charge of about AED 45,500 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical three-bed in Mada Residences
3M4M2016201920222025Typical sale price by year: 2016 AED 3,466,579; 2018 AED 3,689,561; 2021 AED 2,577,832; 2023 AED 3,450,000; 2024 AED 3,675,000; 2025 AED 4,000,000; 2026 AED 4,175,000Sold by developer, June 2018: AED 3,507,848 (AED 1,699 per sqft)Sold, September 2026: AED 3,658,500 (AED 1,740 per sqft)

1601 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1601, each contractTypical three-bed in Mada Residences
100K200K2018202120242027Typical rent by year: 2018 AED 160,000; 2019 AED 150,000; 2020 AED 125,000; 2021 AED 130,000; 2022 AED 149,000; 2023 AED 171,000; 2024 AED 222,500; 2025 AED 220,000; 2026 AED 218,182New contract, December 2018: AED 155,000 a yearRenewal, January 2020: AED 145,000 a yearNew contract, August 2020: AED 110,000 a yearNew contract, August 2023: AED 138,000 a yearRenewal, August 2024: AED 170,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Mada Residences, and where 1601 sits

All 48 3-beds →

1601 last sold in September 2026 at AED 1,740 per sqft, 4% below what three-beds in Mada Residences were fetching at the time (AED 1,821). Over the last 12 months three-beds sold for AED 3,658,500 to 7,256,780, around AED 1,823 per sqft, and rent for AED 194,528 to 300,000 a year. 1601's AED 170,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
7 Oct 20267,256,780
17 Jun 20264,300,000
16 Feb 20264,050,000
12 Jan 20264,000,000
9 3-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 16th floor

All 192 units in Mada Residences
Value
16022-bedAED 2.94M · Dec 2016
16032-bedAED 2.52M · Nov 2016
16042-bedAED 2.56M · Jun 2018
16052-bedAED 2.76M · Jun 2018
16063-bedAED 3.69M · Jun 2018

1601, Mada Residences in numbers

  • Sold twice: first on 28 June 2018 for AED 3,507,848, last on 9 September 2026 for AED 3,658,500 (AED 1,740 per sqft).
  • Rented since December 2018 on 5 Ejari contracts. The rent fell from AED 155,000 to AED 110,000 in 2020 and recovered to AED 170,000 by August 2024.
  • At AED 170,000 a year the gross yield on the 2026 price is 4.7%, before a service charge of about AED 45,500 a year (AED 21.66 per sqft).
  • Three-beds in Mada Residences sold for AED 3,658,500–7,256,780 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 9 September 2026.

Questions about 1601, Mada Residences

What did unit 1601 last sell for?

AED 3,658,500 on 9 September 2026: AED 1,740 per sqft for 2,102 sqft. The unit has 2 registered sales; the first was AED 3,507,848 in June 2018.

What is the rent for unit 1601?

AED 170,000 a year on the contract renewed on 20 August 2024. The previous contract, from August 2023, was AED 138,000; the unit has been rented since December 2018.

How big is unit 1601?

2,102 sqft (195.3 sqm): a three-bedroom apartment on the 16th floor of a 36-storey tower completed in 2018.

What is unit 1601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mada Residences sold for AED 3,658,500 to 7,256,780 in the last 12 months, around AED 1,823 per sqft.

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Mortgage on 1601, Mada Residences

Starts from the last sale price (AED 3.66M, 9 September 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,658,500
Deposit, UAE resident (20%)
AED 731,700
Deposit, non-resident (40%)
AED 1,463,400
Monthly over 25 years at 3.7%
AED 14,968

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