2-bed · 1,522 sqftMada Residences, Downtown Dubai · 24th floor · completed 2018

2404, Mada Residences

Sold prices and rental history: sold 3 times, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 8 May 2024
Last soldAED 2.69M8 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Mada Residences

What is 2404 worth today?

Last sold for AED 2,688,642 in 2024

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8 May 2024SoldReady
AED 2,688,642AED 1,766 per sqft
30 Dec 2018SoldReady
AED 1,850,000AED 1,215 per sqft
11 Feb 2016Sold by developerOff-plan
AED 2,370,293AED 1,575 per sqft

Source: Dubai Land Department. Updated 8 May 2024.

Key facts

Type
2-bed apartment
Size
1,522 sqft
Floor
24th of 36
Parking
P4-20
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 33,000 /yr
Last sold
AED 2.69M · May 2024

About 2404, Mada Residences

2404 is a two-bedroom apartment of 1,522 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 8 May 2024 for AED 2,688,642, or AED 1,766 per sqft, 17% above the AED 1,506 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2404 over time

Sales
Unit 2404, 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, February 2016: AED 2,370,293 (AED 1,575 per sqft)Sold, December 2018: AED 1,850,000 (AED 1,215 per sqft)Sold, May 2024: AED 2,688,642 (AED 1,766 per sqft)

2404 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2404, 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 166,500

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 2404 sits

All 80 2-beds →

2404 last sold in May 2024 at AED 1,766 per sqft, 17% above what two-beds in Mada Residences were fetching at the time (AED 1,506). 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.

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
24022-bedAED 1.39M · Sep 2018
24032-bedAED 2.6M · May 2025
24052-bedAED 2.5M · Mar 2023
24063-bedAED 4.05M · Feb 2025

2404, Mada Residences in numbers

  • Sold 3 times: first on 11 February 2016 for AED 2,370,293, last on 8 May 2024 for AED 2,688,642 (AED 1,766 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 8 May 2024.

Questions about 2404, Mada Residences

What did unit 2404 last sell for?

AED 2,688,642 on 8 May 2024: AED 1,766 per sqft for 1,522 sqft. The unit has 3 registered sales; the first was AED 2,370,293 in February 2016.

How big is unit 2404?

1,522 sqft (141.4 sqm): a two-bedroom apartment on the 24th floor of a 36-storey tower completed in 2018.

What is unit 2404 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 2404, Mada Residences

Starts from the last sale price (AED 2.69M, 8 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,688,642
Deposit, UAE resident (20%)
AED 537,728
Deposit, non-resident (40%)
AED 1,075,457
Monthly over 25 years at 3.7%
AED 11,000

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