1606, Mada Residences
Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1606, Mada Residences
What is 1606 worth today?
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Source: Dubai Land Department. Updated 5 November 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,196 sqft
- Floor
- 16th of 36
- Parking
- P2-45, P2-46
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 47,600 /yr
- Last sold
- AED 3.69M · June 2018
- Building
- Mada Residences
About 1606, Mada Residences
1606 is a three-bedroom apartment of 2,196 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 28 June 2018 for AED 3,689,561, or AED 1,699 per sqft, in line with the AED 1,699 three-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 5 November 2025, is AED 204,114 a year: a gross yield of 5.5% on the 2018 price, before the service charge of about AED 47,600 a year.
Sales and rents for 1606 over time
1606 has sold once; the dashed line is the three-bed median of each year in the building.
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 1606 sits
All 48 3-beds →1606 last sold in June 2018 at AED 1,699 per sqft, in line with what three-beds in Mada Residences were fetching at the time (AED 1,699). 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. 1606's AED 204,114 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 2,103 sqft | 7,256,780 | 3,449 | ||
| 9 Sep 20269 September 2026 | 2,102 sqft | 3,658,500 | 1,740 | ||
| 17 Jun 202617 June 2026 | 2,408 sqft | 4,300,000 | 1,786 | ||
| 16 Feb 202616 February 2026 | 2,196 sqft | 4,050,000 | 1,844 |
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 | |
| 1602 | 2-bed | 1,621 sqft | AED 2.94MAED 2,935,106 · Dec 2016December 2016 | ||
| 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, Mada Residences in numbers
- Sold once: by Artar Real Estate Development on 28 June 2018 for AED 3,689,561, or AED 1,699 per sqft.
- Rented since January 2019 on 7 Ejari contracts. The rent fell from AED 148,427 to AED 115,000 in 2020 and recovered to AED 204,114 by November 2025.
- At AED 204,114 a year the gross yield on the 2018 price is 5.5%, before a service charge of about AED 47,600 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 5 November 2025.
Questions about 1606, Mada Residences
What did unit 1606 last sell for?
AED 3,689,561 on 28 June 2018, sold by the developer: AED 1,699 per sqft for 2,196 sqft. It is the only registered sale of the unit.
What is the rent for unit 1606?
AED 204,114 a year on the contract renewed on 5 November 2025. The previous contract, from November 2024, was AED 204,930; the unit has been rented since January 2019.
How big is unit 1606?
2,196 sqft (204.0 sqm): a three-bedroom apartment on the 16th floor of a 36-storey tower completed in 2018.
What is unit 1606 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 1606, Mada Residences
Starts from the last sale price (AED 3.69M, 28 June 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 3,689,561
- Deposit, UAE resident (20%)
- AED 737,912
- Deposit, non-resident (40%)
- AED 1,475,824
- Monthly over 25 years at 3.7%
- AED 15,095
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →