2403, Mada Residences
Sold prices and rental history: sold twice, last in May 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2403, Mada Residences
What is 2403 worth today?
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Source: Dubai Land Department. Updated 6 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,530 sqft
- Floor
- 24th of 36
- Parking
- P4-16
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 33,100 /yr
- Last sold
- AED 2.6M · May 2025
- Building
- Mada Residences
About 2403, Mada Residences
2403 is a two-bedroom apartment of 1,530 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 6 May 2025 for AED 2,600,000, or AED 1,699 per sqft, in line with the AED 1,690 two-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 22 March 2025, is AED 146,410 a year: a gross yield of 5.6% on the 2025 price, before the service charge of about AED 33,100 a year.
Sales and rents for 2403 over time
2403 has sold twice; the dashed line is the two-bed median of each year in the building.
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 2403 sits
All 80 2-beds →2403 last sold in May 2025 at AED 1,699 per sqft, in line with what two-beds in Mada Residences were fetching at the time (AED 1,690). 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. 2403's AED 146,410 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 1,656 sqft | 2,966,700 | 1,791 | ||
| 19 May 202619 May 2026 | 1,526 sqft | 2,550,000 | 1,671 | ||
| 31 Mar 202631 March 2026 | 1,628 sqft | 2,825,000 | 1,734 | ||
| 12 Dec 202512 December 2025 | 1,620 sqft | 3,158,400 | 1,949 |
Mada Residences
Building192 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%
Other units on the 24th floor
All 192 units in Mada Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 3-bed | 2,063 sqft | AED 3.25MAED 3,250,949 · Aug 2016August 2016 | 260,000 /yr | |
| 2402 | 2-bed | 1,618 sqft | AED 1.39MAED 1,389,826 · Sep 2018September 2018 | 160,000 /yr | |
| 2404 | 2-bed | 1,522 sqft | AED 2.69MAED 2,688,642 · May 2024May 2024 | ||
| 2405 | 2-bed | 1,656 sqft | AED 2.5MAED 2,500,000 · Mar 2023March 2023 | 110,000 /yr | |
| 2406 | 3-bed | 2,196 sqft | AED 4.05MAED 4,050,000 · Feb 2025February 2025 | 205,241 /yr |
2403, Mada Residences in numbers
- Sold twice: first on 21 March 2016 for AED 2,392,678, last on 6 May 2025 for AED 2,600,000 (AED 1,699 per sqft).
- Rented since February 2019 on 7 Ejari contracts. The rent fell from AED 115,000 to AED 100,000 in 2021 and recovered to AED 146,410 by March 2025.
- At AED 146,410 a year the gross yield on the 2025 price is 5.6%, before a service charge of about AED 33,100 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 6 May 2025.
Questions about 2403, Mada Residences
What did unit 2403 last sell for?
AED 2,600,000 on 6 May 2025: AED 1,699 per sqft for 1,530 sqft. The unit has 2 registered sales; the first was AED 2,392,678 in March 2016.
What is the rent for unit 2403?
AED 146,410 a year on the contract renewed on 22 March 2025. The previous contract, from March 2025, was AED 146,410; the unit has been rented since February 2019.
How big is unit 2403?
1,530 sqft (142.1 sqm): a two-bedroom apartment on the 24th floor of a 36-storey tower completed in 2018.
What is unit 2403 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 2403, Mada Residences
Starts from the last sale price (AED 2.6M, 6 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,600,000
- Deposit, UAE resident (20%)
- AED 520,000
- Deposit, non-resident (40%)
- AED 1,040,000
- Monthly over 25 years at 3.7%
- AED 10,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →