1802, Mada Residences
Sold prices and rental history: sold 4 times, last in November 2023, and rented once, from November 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1802, Mada Residences
What is 1802 worth today?
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Source: Dubai Land Department. Updated 13 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,621 sqft
- Floor
- 18th of 36
- Parking
- P2-5
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 35,100 /yr
- Last sold
- AED 2.9M · November 2023
- Building
- Mada Residences
About 1802, Mada Residences
1802 is a two-bedroom apartment of 1,621 sqft on the 18th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . It last sold on 13 November 2023 for AED 2,900,000, or AED 1,788 per sqft, 24% above the AED 1,438 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 November 2021. The current contract, signed on 1 November 2021, is AED 155,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 35,100 a year.
Sales and rents for 1802 over time
1802 has sold 4 times; 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 1802 sits
All 80 2-beds →1802 last sold in November 2023 at AED 1,788 per sqft, 24% above what two-beds in Mada Residences were fetching at the time (AED 1,438). 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. 1802's AED 155,000 is in the lower 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 18th floor
All 192 units in Mada Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1801 | 3-bed | 2,101 sqft | AED 3.55MAED 3,550,000 · Apr 2024April 2024 | 210,000 /yr | |
| 1803 | 2-bed | 1,527 sqft | AED 2.3MAED 2,300,000 · Nov 2023November 2023 | 165,000 /yr | |
| 1804 | 2-bed | 1,522 sqft | AED 1.9MAED 1,902,500 · Oct 2021October 2021 | 195,000 /yr | |
| 1805 | 2-bed | 1,662 sqft | AED 2.08MAED 2,077,500 · Oct 2021October 2021 | 180,000 /yr | |
| 1806 | 3-bed | 2,196 sqft | AED 2.78MAED 2,775,000 · Dec 2021December 2021 | 218,182 /yr |
1802, Mada Residences in numbers
- Sold 4 times: first on 24 July 2016 for AED 2,598,430, last on 13 November 2023 for AED 2,900,000 (AED 1,788 per sqft).
- Rented since November 2021 on one Ejari contract, at AED 155,000 a year.
- At AED 155,000 a year the gross yield on the 2023 price is 5.3%, 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 13 November 2023.
Questions about 1802, Mada Residences
What did unit 1802 last sell for?
AED 2,900,000 on 13 November 2023: AED 1,788 per sqft for 1,621 sqft. The unit has 4 registered sales; the first was AED 2,598,430 in July 2016.
What is the rent for unit 1802?
AED 155,000 a year on the contract signed on 1 November 2021.
How big is unit 1802?
1,621 sqft (150.6 sqm): a two-bedroom apartment on the 18th floor of a 36-storey tower completed in 2018.
What is unit 1802 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 1802, Mada Residences
Starts from the last sale price (AED 2.9M, 13 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,900,000
- Deposit, UAE resident (20%)
- AED 580,000
- Deposit, non-resident (40%)
- AED 1,160,000
- Monthly over 25 years at 3.7%
- AED 11,865
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →