3-bed · 2,403 sqftMada Residences, Downtown Dubai · 23rd floor · completed 2018

2302, Mada Residences

Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2302 · DLD and Ejari recordsUpdated 2 May 2025
Last soldAED 4.04M28 June 2018
Current rentAED 240K /yr2 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2302, Mada Residences

What is 2302 worth today?

Last sold for AED 4,035,766 in 2018

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2 May 2025RentedNew contract
AED 240,000/yr12 months · AED 100 per sqft
2 May 2025RentedNew contract
AED 240,000/yr12 months · AED 100 per sqft
20 Dec 2022RentedRenewal
AED 220,000/yr12 months · AED 92 per sqft
20 Dec 2021RentedNew contract
AED 200,000/yr12 months · AED 83 per sqft
29 Nov 2019RentedRenewal
AED 100,000/yr12 months · AED 42 per sqft
29 Nov 2018RentedNew contract
AED 100,000/yr12 months · AED 42 per sqft
28 Jun 2018Sold by developerOff-plan
AED 4,035,766AED 1,699 per sqft

Source: Dubai Land Department. Updated 2 May 2025.

Key facts

Type
3-bed apartment
Size
2,403 sqft
Floor
23rd of 36
Parking
P3-35, P3-36
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 52,000 /yr
Last sold
AED 4.04M · June 2018

About 2302, Mada Residences

2302 is a three-bedroom apartment of 2,403 sqft on the 23rd floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . The developer sold it on 28 June 2018 for AED 4,035,766, or AED 1,699 per sqft, in line with the AED 1,699 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 2 May 2025, is AED 240,000 a year: a gross yield of 5.9% on the 2018 price, before the service charge of about AED 52,000 a year.

Sales and rents for 2302 over time

Sales
Unit 2302, 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, June 2018: AED 4,035,766 (AED 1,699 per sqft)

2302 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2302, each contractTypical three-bed in Mada Residences
100K200K2018202120242027Typical 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, November 2018: AED 100,000 a yearRenewal, November 2019: AED 100,000 a yearNew contract, December 2021: AED 200,000 a yearRenewal, December 2022: AED 220,000 a yearNew contract, May 2025: AED 240,000 a yearNew contract, May 2025: 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 2302 sits

All 48 3-beds →

2302 last sold in June 2018 at AED 1,699 per sqft, in line with what three-beds in Mada Residences were fetching at the time (AED 1,699). 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. 2302'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 23rd floor

All 192 units in Mada Residences
Value
23013-bedAED 4.45M · Jan 2026
23033-bedAED 4M · Dec 2025
23043-bedAED 5M · Oct 2025

2302, Mada Residences in numbers

  • Sold once: by Artar Real Estate Development on 28 June 2018 for AED 4,035,766, or AED 1,699 per sqft.
  • Rented since November 2018 on 6 Ejari contracts, from AED 100,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2018 price is 5.9%, before a service charge of about AED 52,000 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 2 May 2025.

Questions about 2302, Mada Residences

What did unit 2302 last sell for?

AED 4,035,766 on 28 June 2018, sold by the developer: AED 1,699 per sqft for 2,403 sqft. It is the only registered sale of the unit.

What is the rent for unit 2302?

AED 240,000 a year on the contract signed on 2 May 2025. The previous contract, from May 2025, was AED 240,000; the unit has been rented since November 2018.

How big is unit 2302?

2,403 sqft (223.2 sqm): a three-bedroom apartment on the 23rd floor of a 36-storey tower completed in 2018.

What is unit 2302 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 2302, Mada Residences

Starts from the last sale price (AED 4.04M, 28 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 4,035,766
Deposit, UAE resident (20%)
AED 807,153
Deposit, non-resident (40%)
AED 1,614,306
Monthly over 25 years at 3.7%
AED 16,512

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