3-bed · 3,199 sqftMada Residences, Downtown Dubai · 23rd floor · completed 2018

2304, Mada Residences

Sold prices and rental history: sold twice, last in October 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2304 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 5M8 October 2025
Current rentAED 216K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, Mada Residences

What is 2304 worth today?

Last sold for AED 5,000,000 in 2025

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1 Nov 2025RentedRenewal
AED 216,030/yr12 months · AED 68 per sqft
8 Oct 2025SoldReady
AED 5,000,000AED 1,562 per sqft
1 Nov 2024RentedRenewal
AED 216,030/yr12 months · AED 68 per sqft
1 Nov 2023RentedRenewal
AED 187,852/yr12 months · AED 59 per sqft
1 Nov 2022RentedRenewal
AED 163,350/yr12 months · AED 51 per sqft
1 Nov 2021RentedRenewal
AED 148,500/yr12 months · AED 46 per sqft
30 Aug 2020RentedRenewal
AED 135,000/yr14 months · AED 42 per sqft
30 Jun 2019RentedNew contract
AED 175,000/yr14 months · AED 55 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
3-bed apartment
Size
3,199 sqft
Floor
23rd of 36
Parking
P3-41, P3-42
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 69,300 /yr
Last sold
AED 5M · October 2025

About 2304, Mada Residences

2304 is a three-bedroom apartment of 3,199 sqft on the 23rd floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . It last sold on 8 October 2025 for AED 5,000,000, or AED 1,562 per sqft, 15% below the AED 1,844 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 216,030 a year: a gross yield of 4.3% on the 2025 price, before the service charge of about AED 69,300 a year.

Sales and rents for 2304 over time

Sales
Unit 2304, each saleTypical three-bed in Mada Residences
4M2016201920222025Typical 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 4,328,212 (AED 1,352 per sqft)Sold, October 2025: AED 5,000,000 (AED 1,562 per sqft)

2304 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2304, 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, June 2019: AED 175,000 a yearRenewal, August 2020: AED 135,000 a yearRenewal, November 2021: AED 148,500 a yearRenewal, November 2022: AED 163,350 a yearRenewal, November 2023: AED 187,852 a yearRenewal, November 2024: AED 216,030 a yearRenewal, November 2025: AED 216,030 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 2304 sits

All 48 3-beds →

2304 last sold in October 2025 at AED 1,562 per sqft, 15% below what three-beds in Mada Residences were fetching at the time (AED 1,844). 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. 2304's AED 216,030 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
23023-bedAED 4.04M · Jun 2018
23033-bedAED 4M · Dec 2025

2304, Mada Residences in numbers

  • Sold twice: first on 28 June 2018 for AED 4,328,212, last on 8 October 2025 for AED 5,000,000 (AED 1,562 per sqft).
  • Rented since June 2019 on 7 Ejari contracts. The rent fell from AED 175,000 to AED 135,000 in 2020 and recovered to AED 216,030 by November 2025.
  • At AED 216,030 a year the gross yield on the 2025 price is 4.3%, before a service charge of about AED 69,300 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 1 November 2025.

Questions about 2304, Mada Residences

What did unit 2304 last sell for?

AED 5,000,000 on 8 October 2025: AED 1,562 per sqft for 3,199 sqft. The unit has 2 registered sales; the first was AED 4,328,212 in June 2018.

What is the rent for unit 2304?

AED 216,030 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 216,030; the unit has been rented since June 2019.

How big is unit 2304?

3,199 sqft (297.2 sqm): a three-bedroom apartment on the 23rd floor of a 36-storey tower completed in 2018.

What is unit 2304 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 2304, Mada Residences

Starts from the last sale price (AED 5M, 8 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

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