2-bed · 1,662 sqftMada Residences, Downtown Dubai · 19th floor · completed 2018

1905, Mada Residences

Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1905 · DLD and Ejari recordsUpdated 20 January 2023
Last soldAED 2.3M20 January 2023
Current rentAED 105K /yr20 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1905, Mada Residences

What is 1905 worth today?

Last sold for AED 2,300,000 in 2023

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20 Jan 2023SoldReady
AED 2,300,000AED 1,383 per sqft
20 Feb 2022RentedRenewal
AED 104,500/yr12 months · AED 63 per sqft
20 Feb 2021RentedNew contract
AED 95,000/yr12 months · AED 57 per sqft
24 Apr 2020RentedRenewal
AED 120,000/yr6 months · AED 72 per sqft
24 Mar 2019RentedNew contract
AED 120,000/yr13 months · AED 72 per sqft
24 Jul 2016Sold by developerOff-plan
AED 2,619,609AED 1,612 per sqft

Source: Dubai Land Department. Updated 20 January 2023.

Key facts

Type
2-bed apartment
Size
1,662 sqft
Floor
19th of 36
Parking
P2-54
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 36,000 /yr
Last sold
AED 2.3M · January 2023

About 1905, Mada Residences

1905 is a two-bedroom apartment of 1,662 sqft on the 19th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . It last sold on 20 January 2023 for AED 2,300,000, or AED 1,383 per sqft, 5% above the AED 1,316 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 20 February 2022, is AED 104,500 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 36,000 a year.

Sales and rents for 1905 over time

Sales
Unit 1905, each saleTypical two-bed in Mada Residences
2M3M2016201920222025Typical sale price by year: 2016 AED 2,609,020; 2017 AED 2,842,446; 2018 AED 2,727,956; 2021 AED 1,640,000; 2022 AED 2,112,500; 2023 AED 2,300,000; 2024 AED 2,666,126; 2025 AED 2,925,000; 2026 AED 2,825,000Sold by developer, July 2016: AED 2,619,609 (AED 1,612 per sqft)Sold, January 2023: AED 2,300,000 (AED 1,383 per sqft)

1905 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1905, each contractTypical two-bed in Mada Residences
100K150K2018202120242027Typical rent by year: 2018 AED 120,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 100,000; 2022 AED 115,500; 2023 AED 140,000; 2024 AED 175,000; 2025 AED 169,400; 2026 AED 166,500New contract, March 2019: AED 120,000 a yearRenewal, April 2020: AED 120,000 a yearNew contract, February 2021: AED 95,000 a yearRenewal, February 2022: AED 104,500 a year

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 1905 sits

All 80 2-beds →

1905 last sold in January 2023 at AED 1,383 per sqft, 5% above what two-beds in Mada Residences were fetching at the time (AED 1,316). 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. 1905's AED 104,500 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 20262,966,700
19 May 20262,550,000
31 Mar 20262,825,000
12 Dec 20253,158,400
5 2-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 19th floor

All 192 units in Mada Residences
Value
19013-bedAED 7.26M · Oct 2026
19022-bedAED 1.67M · Jun 2021
19032-bedAED 2.44M · May 2024
19042-bedAED 1.8M · Oct 2021
19063-bedAED 3.2M · Oct 2023

1905, Mada Residences in numbers

  • Sold twice: first on 24 July 2016 for AED 2,619,609, last on 20 January 2023 for AED 2,300,000 (AED 1,383 per sqft).
  • Rented since March 2019 on 4 Ejari contracts, from AED 120,000 to AED 104,500 a year.
  • At AED 104,500 a year the gross yield on the 2023 price is 4.5%, before a service charge of about AED 36,000 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 20 January 2023.

Questions about 1905, Mada Residences

What did unit 1905 last sell for?

AED 2,300,000 on 20 January 2023: AED 1,383 per sqft for 1,662 sqft. The unit has 2 registered sales; the first was AED 2,619,609 in July 2016.

What is the rent for unit 1905?

AED 104,500 a year on the contract renewed on 20 February 2022. The previous contract, from February 2021, was AED 95,000; the unit has been rented since March 2019.

How big is unit 1905?

1,662 sqft (154.4 sqm): a two-bedroom apartment on the 19th floor of a 36-storey tower completed in 2018.

What is unit 1905 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 1905, Mada Residences

Starts from the last sale price (AED 2.3M, 20 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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