3-bed · 2,196 sqftMada Residences, Downtown Dubai · 19th floor · completed 2018

1906, Mada Residences

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

Unit 1906 · DLD and Ejari recordsUpdated 16 October 2023
Last soldAED 3.2M16 October 2023
Current rentAED 164K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1906, Mada Residences

What is 1906 worth today?

Last sold for AED 3,200,000 in 2023

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16 Oct 2023SoldReady
AED 3,200,000AED 1,457 per sqft
1 Jun 2023RentedRenewal
AED 163,531/yr9 months · AED 74 per sqft
1 Jun 2022RentedNew contract
AED 148,500/yr12 months · AED 68 per sqft
1 Jun 2020RentedRenewal
AED 140,000/yr12 months · AED 64 per sqft
1 May 2019RentedNew contract
AED 150,000/yr13 months · AED 68 per sqft
24 Jul 2016Sold by developerOff-plan
AED 3,500,742AED 1,612 per sqft

Source: Dubai Land Department. Updated 16 October 2023.

Key facts

Type
3-bed apartment
Size
2,196 sqft
Floor
19th of 36
Parking
P2-55, P2-56
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 47,600 /yr
Last sold
AED 3.2M · October 2023

About 1906, Mada Residences

1906 is a three-bedroom apartment of 2,196 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 16 October 2023 for AED 3,200,000, or AED 1,457 per sqft, 10% above the AED 1,324 three-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 1 June 2023, is AED 163,531 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 47,600 a year.

Sales and rents for 1906 over time

Sales
Unit 1906, 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, July 2016: AED 3,500,742 (AED 1,612 per sqft)Sold, October 2023: AED 3,200,000 (AED 1,457 per sqft)

1906 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1906, 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 218,182New contract, May 2019: AED 150,000 a yearRenewal, June 2020: AED 140,000 a yearNew contract, June 2022: AED 148,500 a yearRenewal, June 2023: AED 163,531 a year

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 1906 sits

All 48 3-beds →

1906 last sold in October 2023 at AED 1,457 per sqft, 10% above what three-beds in Mada Residences were fetching at the time (AED 1,324). 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. 1906's AED 163,531 is at the bottom of that range.

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 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
19052-bedAED 2.3M · Jan 2023

1906, Mada Residences in numbers

  • Sold twice: first on 24 July 2016 for AED 3,500,742, last on 16 October 2023 for AED 3,200,000 (AED 1,457 per sqft).
  • Rented since May 2019 on 4 Ejari contracts, from AED 150,000 to AED 163,531 a year.
  • At AED 163,531 a year the gross yield on the 2023 price is 5.1%, 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 16 October 2023.

Questions about 1906, Mada Residences

What did unit 1906 last sell for?

AED 3,200,000 on 16 October 2023: AED 1,457 per sqft for 2,196 sqft. The unit has 2 registered sales; the first was AED 3,500,742 in July 2016.

What is the rent for unit 1906?

AED 163,531 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 148,500; the unit has been rented since May 2019.

How big is unit 1906?

2,196 sqft (204.0 sqm): a three-bedroom apartment on the 19th floor of a 36-storey tower completed in 2018.

What is unit 1906 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 1906, Mada Residences

Starts from the last sale price (AED 3.2M, 16 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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