2-bed · 1,617 sqftMada Residences, Downtown Dubai · 21st floor · completed 2018

2102, Mada Residences

Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2102 · DLD and Ejari recordsUpdated 28 July 2024
Last soldAED 2.6M8 August 2016
Current rentAED 180K /yr28 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2102, Mada Residences

What is 2102 worth today?

Last sold for AED 2,598,430 in 2016

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28 Jul 2024RentedNew contract
AED 180,000/yr12 months · AED 111 per sqft
27 Feb 2023RentedRenewal
AED 121,276/yr12 months · AED 75 per sqft
27 Feb 2022RentedRenewal
AED 115,500/yr12 months · AED 71 per sqft
27 Feb 2021RentedRenewal
AED 110,000/yr12 months · AED 68 per sqft
27 Jan 2020RentedRenewal
AED 110,000/yr13 months · AED 68 per sqft
27 Jan 2019RentedNew contract
AED 120,000/yr12 months · AED 74 per sqft
8 Aug 2016Sold by developerOff-plan
AED 2,598,430AED 1,606 per sqft

Source: Dubai Land Department. Updated 28 July 2024.

Key facts

Type
2-bed apartment
Size
1,617 sqft
Floor
21st of 36
Parking
P1-43
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 35,000 /yr
Last sold
AED 2.6M · August 2016

About 2102, Mada Residences

2102 is a two-bedroom apartment of 1,617 sqft on the 21st floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . The developer sold it on 8 August 2016 for AED 2,598,430, or AED 1,606 per sqft, in line with the AED 1,612 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 28 July 2024, is AED 180,000 a year: a gross yield of 6.9% on the 2016 price, before the service charge of about AED 35,000 a year.

Sales and rents for 2102 over time

Sales
Unit 2102, 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, August 2016: AED 2,598,430 (AED 1,606 per sqft)

2102 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2102, 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, January 2019: AED 120,000 a yearRenewal, January 2020: AED 110,000 a yearRenewal, February 2021: AED 110,000 a yearRenewal, February 2022: AED 115,500 a yearRenewal, February 2023: AED 121,276 a yearNew contract, July 2024: AED 180,000 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 2102 sits

All 80 2-beds →

2102 last sold in August 2016 at AED 1,606 per sqft, in line with what two-beds in Mada Residences were fetching at the time (AED 1,612). 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. 2102's AED 180,000 is in the upper half 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 21st floor

All 192 units in Mada Residences
Value
21013-bedAED 3.33M · Aug 2016
21032-bedAED 2.45M · Aug 2016
21042-bedAED 2.43M · Aug 2016
21052-bedAED 2.62M · Aug 2016
21063-bedAED 3.5M · Aug 2016

2102, Mada Residences in numbers

  • Sold once: by Artar Real Estate Development on 8 August 2016 for AED 2,598,430, or AED 1,606 per sqft.
  • Rented since January 2019 on 6 Ejari contracts, from AED 120,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2016 price is 6.9%, before a service charge of about AED 35,000 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 28 July 2024.

Questions about 2102, Mada Residences

What did unit 2102 last sell for?

AED 2,598,430 on 8 August 2016, sold by the developer: AED 1,606 per sqft for 1,617 sqft. It is the only registered sale of the unit.

What is the rent for unit 2102?

AED 180,000 a year on the contract signed on 28 July 2024. The previous contract, from February 2023, was AED 121,276; the unit has been rented since January 2019.

How big is unit 2102?

1,617 sqft (150.2 sqm): a two-bedroom apartment on the 21st floor of a 36-storey tower completed in 2018.

What is unit 2102 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 2102, Mada Residences

Starts from the last sale price (AED 2.6M, 8 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,598,430
Deposit, UAE resident (20%)
AED 519,686
Deposit, non-resident (40%)
AED 1,039,372
Monthly over 25 years at 3.7%
AED 10,631

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