2405, Mada Residences
Sold prices and rental history: sold twice, last in March 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2405, Mada Residences
What is 2405 worth today?
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Source: Dubai Land Department. Updated 29 March 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,656 sqft
- Floor
- 24th of 36
- Parking
- P3-2
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 35,900 /yr
- Last sold
- AED 2.5M · March 2023
- Building
- Mada Residences
About 2405, Mada Residences
2405 is a two-bedroom apartment of 1,656 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 29 March 2023 for AED 2,500,000, or AED 1,509 per sqft, 13% above the AED 1,330 two-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 5 December 2021, is AED 110,000 a year: a gross yield of 4.4% on the 2023 price, before the service charge of about AED 35,900 a year.
Sales and rents for 2405 over time
2405 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 2405 sits
All 80 2-beds →2405 last sold in March 2023 at AED 1,509 per sqft, 13% above what two-beds in Mada Residences were fetching at the time (AED 1,330). 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. 2405's AED 110,000 is at the bottom 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 | |
| 2403 | 2-bed | 1,530 sqft | AED 2.6MAED 2,600,000 · May 2025May 2025 | 146,410 /yr | |
| 2404 | 2-bed | 1,522 sqft | AED 2.69MAED 2,688,642 · May 2024May 2024 | ||
| 2406 | 3-bed | 2,196 sqft | AED 4.05MAED 4,050,000 · Feb 2025February 2025 | 205,241 /yr |
2405, Mada Residences in numbers
- Sold twice: first on 27 March 2016 for AED 2,680,506, last on 29 March 2023 for AED 2,500,000 (AED 1,509 per sqft).
- Rented since December 2019 on 3 Ejari contracts, from AED 115,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2023 price is 4.4%, before a service charge of about AED 35,900 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 29 March 2023.
Questions about 2405, Mada Residences
What did unit 2405 last sell for?
AED 2,500,000 on 29 March 2023: AED 1,509 per sqft for 1,656 sqft. The unit has 2 registered sales; the first was AED 2,680,506 in March 2016.
What is the rent for unit 2405?
AED 110,000 a year on the contract renewed on 5 December 2021. The previous contract, from December 2020, was AED 100,000; the unit has been rented since December 2019.
How big is unit 2405?
1,656 sqft (153.8 sqm): a two-bedroom apartment on the 24th floor of a 36-storey tower completed in 2018.
What is unit 2405 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 2405, Mada Residences
Starts from the last sale price (AED 2.5M, 29 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,500,000
- Deposit, UAE resident (20%)
- AED 500,000
- Deposit, non-resident (40%)
- AED 1,000,000
- Monthly over 25 years at 3.7%
- AED 10,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →