3-bed · 2,170 sqftMada Residences, Downtown Dubai · 21st floor · completed 2018

2106, Mada Residences

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

Unit 2106 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 3.5M8 August 2016
Current rentAED 240K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2106, Mada Residences

What is 2106 worth today?

Last sold for AED 3,500,742 in 2016

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15 Aug 2024RentedNew contract
AED 240,000/yr12 months · AED 109 per sqft
30 Dec 2019RentedNew contract
AED 145,000/yr12 months · AED 66 per sqft
8 Aug 2016Sold by developerOff-plan
AED 3,500,742AED 1,612 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
3-bed apartment
Size
2,170 sqft
Floor
21st of 36
Parking
P1-47,P1-48
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 47,000 /yr
Last sold
AED 3.5M · August 2016

About 2106, Mada Residences

2106 is a three-bedroom apartment of 2,170 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 3,500,742, or AED 1,612 per sqft, in line with the AED 1,612 three-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 15 August 2024, is AED 240,000 a year: a gross yield of 6.9% on the 2016 price, before the service charge of about AED 47,000 a year.

Sales and rents for 2106 over time

Sales
Unit 2106, 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, August 2016: AED 3,500,742 (AED 1,612 per sqft)

2106 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2106, each contractTypical three-bed in Mada Residences
200K2018202120242027Typical 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, December 2019: AED 145,000 a yearNew contract, August 2024: AED 240,000 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 2106 sits

All 48 3-beds →

2106 last sold in August 2016 at AED 1,612 per sqft, in line with what three-beds in Mada Residences were fetching at the time (AED 1,612). 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. 2106's AED 240,000 is in the lower half 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 21st floor

All 192 units in Mada Residences
Value
21013-bedAED 3.33M · Aug 2016
21022-bedAED 2.6M · Aug 2016
21032-bedAED 2.45M · Aug 2016
21042-bedAED 2.43M · Aug 2016
21052-bedAED 2.62M · Aug 2016

2106, Mada Residences in numbers

  • Sold once: by Artar Real Estate Development on 8 August 2016 for AED 3,500,742, or AED 1,612 per sqft.
  • Rented since December 2019 on 2 Ejari contracts, from AED 145,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2016 price is 6.9%, before a service charge of about AED 47,000 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 15 August 2024.

Questions about 2106, Mada Residences

What did unit 2106 last sell for?

AED 3,500,742 on 8 August 2016, sold by the developer: AED 1,612 per sqft for 2,170 sqft. It is the only registered sale of the unit.

What is the rent for unit 2106?

AED 240,000 a year on the contract signed on 15 August 2024. The previous contract, from December 2019, was AED 145,000.

How big is unit 2106?

2,170 sqft (201.6 sqm): a three-bedroom apartment on the 21st floor of a 36-storey tower completed in 2018.

What is unit 2106 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 2106, Mada Residences

Starts from the last sale price (AED 3.5M, 8 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,742
Deposit, UAE resident (20%)
AED 700,148
Deposit, non-resident (40%)
AED 1,400,297
Monthly over 25 years at 3.7%
AED 14,323

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