3-bed · 2,103 sqftMada Residences, Downtown Dubai · 17th floor · completed 2018

1701, Mada Residences

Sold prices and rental history: sold once, by the developer in June 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1701 · DLD and Ejari recordsUpdated 28 June 2018
Last soldAED 3.51M28 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, Mada Residences

What is 1701 worth today?

Last sold for AED 3,507,848 in 2018

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28 Jun 2018Sold by developerOff-plan
AED 3,507,848AED 1,699 per sqft

Source: Dubai Land Department. Updated 28 June 2018.

Key facts

Type
3-bed apartment
Size
2,103 sqft
Floor
17th of 36
Parking
P3-14, P3-15
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 45,600 /yr
Last sold
AED 3.51M · June 2018

About 1701, Mada Residences

1701 is a three-bedroom apartment of 2,103 sqft on the 17th 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 3,507,848, or AED 1,699 per sqft, in line with the AED 1,699 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1701 over time

Sales
Unit 1701, 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)

1701 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1701, each contractTypical three-bed in Mada Residences
150K200K2018202120242027Typical 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 218,182

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 1701 sits

All 48 3-beds →

1701 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.

Recent 3-bed salesUnit no.Price (AED)Summary
7 Oct 20267,256,780
9 Sep 20263,658,500
17 Jun 20264,300,000
16 Feb 20264,050,000
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 17th floor

All 192 units in Mada Residences
Value
17022-bedAED 2.74M · Jun 2018
17032-bedAED 2.58M · Jun 2018
17042-bedAED 2.56M · Jun 2018
17052-bedAED 2.76M · Jun 2018
17063-bedAED 4M · Oct 2025

1701, Mada Residences in numbers

  • Sold once: by Artar Real Estate Development on 28 June 2018 for AED 3,507,848, or AED 1,699 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 28 June 2018.

Questions about 1701, Mada Residences

What did unit 1701 last sell for?

AED 3,507,848 on 28 June 2018, sold by the developer: AED 1,699 per sqft for 2,103 sqft. It is the only registered sale of the unit.

How big is unit 1701?

2,103 sqft (195.4 sqm): a three-bedroom apartment on the 17th floor of a 36-storey tower completed in 2018.

What is unit 1701 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 1701, Mada Residences

Starts from the last sale price (AED 3.51M, 28 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,507,848
Deposit, UAE resident (20%)
AED 701,570
Deposit, non-resident (40%)
AED 1,403,139
Monthly over 25 years at 3.7%
AED 14,352

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