2-bed · 1,618 sqftMada Residences, Downtown Dubai · 24th floor · completed 2018

2402, Mada Residences

Sold prices and rental history: sold twice, last in September 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2402 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 1.39M10 September 2018
Current rentAED 160K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2402, Mada Residences

What is 2402 worth today?

Last sold for AED 1,389,826 in 2018

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1 Jul 2026RentedNew contract
AED 160,000/yr12 months · AED 99 per sqft
21 Jan 2025RentedNew contract
AED 180,000/yr12 months · AED 111 per sqft
21 Jan 2025RentedNew contract
AED 180,000/yr12 months · AED 111 per sqft
1 Dec 2020RentedNew contract
AED 100,000/yr12 months · AED 62 per sqft
10 Sep 2018SoldOff-plan
AED 1,389,826AED 1,725 per sqft
29 Mar 2016Sold by developerOff-plan
AED 2,779,652AED 1,717 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
2-bed apartment
Size
1,618 sqft
Floor
24th of 36
Parking
P4-13
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 35,100 /yr
Last sold
AED 1.39M · September 2018

About 2402, Mada Residences

2402 is a two-bedroom apartment of 1,618 sqft on the 24th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . It last sold on 10 September 2018 for AED 1,389,826, or AED 1,725 per sqft, in line with the AED 1,699 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 1 July 2026, is AED 160,000 a year: a gross yield of 11.5% on the 2018 price, before the service charge of about AED 35,100 a year.

Sales and rents for 2402 over time

Sales
Unit 2402, 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, March 2016: AED 2,779,652 (AED 1,717 per sqft)Sold, September 2018: AED 1,389,826 (AED 1,725 per sqft)

2402 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2402, 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, December 2020: AED 100,000 a yearNew contract, January 2025: AED 180,000 a yearNew contract, January 2025: AED 180,000 a yearNew contract, July 2026: AED 160,000 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 2402 sits

All 80 2-beds →

2402 last sold in September 2018 at AED 1,725 per sqft, in line with what two-beds in Mada Residences were fetching at the time (AED 1,699). 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. 2402's AED 160,000 is in the lower 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 24th floor

All 192 units in Mada Residences
Value
24013-bedAED 3.25M · Aug 2016
24032-bedAED 2.6M · May 2025
24042-bedAED 2.69M · May 2024
24052-bedAED 2.5M · Mar 2023
24063-bedAED 4.05M · Feb 2025

2402, Mada Residences in numbers

  • Sold twice: first on 29 March 2016 for AED 2,779,652, last on 10 September 2018 for AED 1,389,826 (AED 1,725 per sqft).
  • Rented since December 2020 on 4 Ejari contracts, from AED 100,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2018 price is 11.5%, before a service charge of about AED 35,100 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 1 July 2026.

Questions about 2402, Mada Residences

What did unit 2402 last sell for?

AED 1,389,826 on 10 September 2018: AED 1,725 per sqft for 1,618 sqft. The unit has 2 registered sales; the first was AED 2,779,652 in March 2016.

What is the rent for unit 2402?

AED 160,000 a year on the contract signed on 1 July 2026. The previous contract, from January 2025, was AED 180,000; the unit has been rented since December 2020.

How big is unit 2402?

1,618 sqft (150.3 sqm): a two-bedroom apartment on the 24th floor of a 36-storey tower completed in 2018.

What is unit 2402 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 2402, Mada Residences

Starts from the last sale price (AED 1.39M, 10 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,389,826
Deposit, UAE resident (20%)
AED 277,965
Deposit, non-resident (40%)
AED 555,930
Monthly over 25 years at 3.7%
AED 5,686

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