1702, Mada Residences
Sold prices and rental history: sold once, by the developer in June 2018, and rented once, from July 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1702, Mada Residences
What is 1702 worth today?
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Source: Dubai Land Department. Updated 10 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,621 sqft
- Floor
- 17th of 36
- Parking
- P4-2
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 35,100 /yr
- Last sold
- AED 2.74M · June 2018
- Building
- Mada Residences
About 1702, Mada Residences
1702 is a two-bedroom apartment of 1,621 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 2,738,581, or AED 1,689 per sqft, in line with the AED 1,699 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 10 July 2024. The current contract, signed on 10 July 2024, is AED 180,000 a year: a gross yield of 6.6% on the 2018 price, before the service charge of about AED 35,100 a year.
Sales and rents for 1702 over time
1702 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 1702 sits
All 80 2-beds →1702 last sold in June 2018 at AED 1,689 per sqft, in line with what two-beds in Mada Residences were fetching at the time (AED 1,699). 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. 1702's AED 180,000 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 17th floor
All 192 units in Mada Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 3-bed | 2,103 sqft | AED 3.51MAED 3,507,848 · Jun 2018June 2018 | ||
| 1703 | 2-bed | 1,527 sqft | AED 2.58MAED 2,581,756 · Jun 2018June 2018 | 168,772 /yr | |
| 1704 | 2-bed | 1,522 sqft | AED 2.56MAED 2,557,599 · Jun 2018June 2018 | 137,589 /yr | |
| 1705 | 2-bed | 1,662 sqft | AED 2.76MAED 2,760,902 · Jun 2018June 2018 | 185,000 /yr | |
| 1706 | 3-bed | 2,196 sqft | AED 4MAED 4,000,000 · Oct 2025October 2025 | 240,000 /yr |
1702, Mada Residences in numbers
- Sold once: by Artar Real Estate Development on 28 June 2018 for AED 2,738,581, or AED 1,689 per sqft.
- Rented since July 2024 on one Ejari contract, at AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2018 price is 6.6%, before a service charge of about AED 35,100 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 10 July 2024.
Questions about 1702, Mada Residences
What did unit 1702 last sell for?
AED 2,738,581 on 28 June 2018, sold by the developer: AED 1,689 per sqft for 1,621 sqft. It is the only registered sale of the unit.
What is the rent for unit 1702?
AED 180,000 a year on the contract signed on 10 July 2024.
How big is unit 1702?
1,621 sqft (150.6 sqm): a two-bedroom apartment on the 17th floor of a 36-storey tower completed in 2018.
What is unit 1702 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 1702, Mada Residences
Starts from the last sale price (AED 2.74M, 28 June 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,738,581
- Deposit, UAE resident (20%)
- AED 547,716
- Deposit, non-resident (40%)
- AED 1,095,432
- Monthly over 25 years at 3.7%
- AED 11,204
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →