1602, Mada Residences
Sold prices and rental history: sold once, by the developer in December 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Mada Residences
What is 1602 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 25 December 2016.
Key facts
- Type
- 2-bed apartment
- Size
- 1,621 sqft
- Floor
- 16th of 36
- Parking
- P2-41
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 35,100 /yr
- Last sold
- AED 2.94M · December 2016
- Building
- Mada Residences
About 1602, Mada Residences
1602 is a two-bedroom apartment of 1,621 sqft on the 16th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . The developer sold it on 25 December 2016 for AED 2,935,106, or AED 1,810 per sqft, 11% above the AED 1,627 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1602 over time
1602 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 1602 sits
All 80 2-beds →1602 last sold in December 2016 at AED 1,810 per sqft, 11% above what two-beds in Mada Residences were fetching at the time (AED 1,627). 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.
| 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 16th floor
All 192 units in Mada Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 2,102 sqft | AED 3.66MAED 3,658,500 · Sep 2026September 2026 | 170,000 /yr | |
| 1603 | 2-bed | 1,527 sqft | AED 2.52MAED 2,524,044 · Nov 2016November 2016 | 149,333 /yr | |
| 1604 | 2-bed | 1,522 sqft | AED 2.56MAED 2,557,599 · Jun 2018June 2018 | 170,000 /yr | |
| 1605 | 2-bed | 1,662 sqft | AED 2.76MAED 2,760,902 · Jun 2018June 2018 | 170,000 /yr | |
| 1606 | 3-bed | 2,196 sqft | AED 3.69MAED 3,689,561 · Jun 2018June 2018 | 204,114 /yr |
1602, Mada Residences in numbers
- Sold once: by Artar Real Estate Development on 25 December 2016 for AED 2,935,106, or AED 1,810 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 25 December 2016.
Questions about 1602, Mada Residences
What did unit 1602 last sell for?
AED 2,935,106 on 25 December 2016, sold by the developer: AED 1,810 per sqft for 1,621 sqft. It is the only registered sale of the unit.
How big is unit 1602?
1,621 sqft (150.6 sqm): a two-bedroom apartment on the 16th floor of a 36-storey tower completed in 2018.
What is unit 1602 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.
Selling 1602? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1602, Mada Residences
Starts from the last sale price (AED 2.94M, 25 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,935,106
- Deposit, UAE resident (20%)
- AED 587,021
- Deposit, non-resident (40%)
- AED 1,174,042
- Monthly over 25 years at 3.7%
- AED 12,008
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →