3-bed · 2,063 sqftMada Residences, Downtown Dubai · 24th floor · completed 2018

2401, Mada Residences

Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2401 · DLD and Ejari recordsUpdated 7 October 2025
Last soldAED 3.25M22 August 2016
Current rentAED 260K /yr7 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, Mada Residences

What is 2401 worth today?

Last sold for AED 3,250,949 in 2016

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7 Oct 2025RentedNew contract
AED 260,000/yr12 months · AED 124 per sqft
7 Oct 2024RentedRenewal
AED 237,038/yr12 months · AED 113 per sqft
7 Oct 2023RentedRenewal
AED 225,750/yr12 months · AED 108 per sqft
7 Oct 2022RentedNew contract
AED 215,000/yr12 months · AED 102 per sqft
22 Aug 2016Sold by developerOff-plan
AED 3,250,949AED 1,575 per sqft

Source: Dubai Land Department. Updated 7 October 2025.

Key facts

Type
3-bed apartment
Size
2,063 sqft
Floor
24th of 36
Parking
P2-8, P2-9
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 44,700 /yr
Last sold
AED 3.25M · August 2016

About 2401, Mada Residences

2401 is a three-bedroom apartment of 2,063 sqft on the 24th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . The developer sold it on 22 August 2016 for AED 3,250,949, or AED 1,575 per sqft, in line with the AED 1,612 three-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 7 October 2025, is AED 260,000 a year: a gross yield of 8.0% on the 2016 price, before the service charge of about AED 44,700 a year.

Sales and rents for 2401 over time

Sales
Unit 2401, 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 3,250,949 (AED 1,575 per sqft)

2401 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2401, 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, October 2022: AED 215,000 a yearRenewal, October 2023: AED 225,750 a yearRenewal, October 2024: AED 237,038 a yearNew contract, October 2025: AED 260,000 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 2401 sits

All 48 3-beds →

2401 last sold in August 2016 at AED 1,575 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. 2401's AED 260,000 is in the upper 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 24th floor

All 192 units in Mada Residences
Value
24022-bedAED 1.39M · Sep 2018
24032-bedAED 2.6M · May 2025
24042-bedAED 2.69M · May 2024
24052-bedAED 2.5M · Mar 2023
24063-bedAED 4.05M · Feb 2025

2401, Mada Residences in numbers

  • Sold once: by Artar Real Estate Development on 22 August 2016 for AED 3,250,949, or AED 1,575 per sqft.
  • Rented since October 2022 on 4 Ejari contracts, from AED 215,000 to AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2016 price is 8.0%, before a service charge of about AED 44,700 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 7 October 2025.

Questions about 2401, Mada Residences

What did unit 2401 last sell for?

AED 3,250,949 on 22 August 2016, sold by the developer: AED 1,575 per sqft for 2,063 sqft. It is the only registered sale of the unit.

What is the rent for unit 2401?

AED 260,000 a year on the contract signed on 7 October 2025. The previous contract, from October 2024, was AED 237,038; the unit has been rented since October 2022.

How big is unit 2401?

2,063 sqft (191.7 sqm): a three-bedroom apartment on the 24th floor of a 36-storey tower completed in 2018.

What is unit 2401 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 2401, Mada Residences

Starts from the last sale price (AED 3.25M, 22 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,250,949
Deposit, UAE resident (20%)
AED 650,190
Deposit, non-resident (40%)
AED 1,300,380
Monthly over 25 years at 3.7%
AED 13,301

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