2-bed · 1,620 sqftMada Residences, Downtown Dubai · 25th floor · completed 2018

2502, Mada Residences

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2502 · DLD and Ejari recordsUpdated 23 December 2024
Last soldAED 2.78M23 December 2024
Current rentAED 125K /yr26 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2502, Mada Residences

What is 2502 worth today?

Last sold for AED 2,780,000 in 2024

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23 Dec 2024SoldReady
AED 2,780,000AED 1,716 per sqft
26 Jan 2024RentedRenewal
AED 125,220/yr11 months · AED 77 per sqft
26 Jan 2023RentedRenewal
AED 104,812/yr12 months · AED 65 per sqft
26 Jan 2022RentedRenewal
AED 97,750/yr12 months · AED 60 per sqft
26 Jan 2021RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft
26 Jan 2020RentedNew contract
AED 105,000/yr12 months · AED 65 per sqft
8 Aug 2019SoldReady
AED 2,633,170AED 1,625 per sqft
17 Oct 2016Sold by developerOff-plan
AED 2,756,615AED 1,702 per sqft

Source: Dubai Land Department. Updated 23 December 2024.

Key facts

Type
2-bed apartment
Size
1,620 sqft
Floor
25th of 36
Parking
P4-34
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 35,100 /yr
Last sold
AED 2.78M · December 2024

About 2502, Mada Residences

2502 is a two-bedroom apartment of 1,620 sqft on the 25th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . It last sold on 23 December 2024 for AED 2,780,000, or AED 1,716 per sqft, in line with the AED 1,687 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 26 January 2024, is AED 125,220 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 35,100 a year.

Sales and rents for 2502 over time

Sales
Unit 2502, 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, October 2016: AED 2,756,615 (AED 1,702 per sqft)Sold, August 2019: AED 2,633,170 (AED 1,625 per sqft)Sold, December 2024: AED 2,780,000 (AED 1,716 per sqft)

2502 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2502, 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, January 2020: AED 105,000 a yearNew contract, January 2021: AED 85,000 a yearRenewal, January 2022: AED 97,750 a yearRenewal, January 2023: AED 104,812 a yearRenewal, January 2024: AED 125,220 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 2502 sits

All 80 2-beds →

2502 last sold in December 2024 at AED 1,716 per sqft, in line with what two-beds in Mada Residences were fetching at the time (AED 1,687). 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. 2502's AED 125,220 is at the bottom 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 25th floor

All 192 units in Mada Residences
Value
25013-bedAED 3.98M · Dec 2023
25032-bedAED 2.45M · Nov 2023
25042-bedAED 2.56M · May 2024
25052-bedAED 3M · May 2025
25063-bedAED 4M · Oct 2024

2502, Mada Residences in numbers

  • Sold 3 times: first on 17 October 2016 for AED 2,756,615, last on 23 December 2024 for AED 2,780,000 (AED 1,716 per sqft).
  • Rented since January 2020 on 5 Ejari contracts. The rent fell from AED 105,000 to AED 85,000 in 2021 and recovered to AED 125,220 by January 2024.
  • At AED 125,220 a year the gross yield on the 2024 price is 4.5%, 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 23 December 2024.

Questions about 2502, Mada Residences

What did unit 2502 last sell for?

AED 2,780,000 on 23 December 2024: AED 1,716 per sqft for 1,620 sqft. The unit has 3 registered sales; the first was AED 2,756,615 in October 2016.

What is the rent for unit 2502?

AED 125,220 a year on the contract renewed on 26 January 2024. The previous contract, from January 2023, was AED 104,812; the unit has been rented since January 2020.

How big is unit 2502?

1,620 sqft (150.5 sqm): a two-bedroom apartment on the 25th floor of a 36-storey tower completed in 2018.

What is unit 2502 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 2502, Mada Residences

Starts from the last sale price (AED 2.78M, 23 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,780,000
Deposit, UAE resident (20%)
AED 556,000
Deposit, non-resident (40%)
AED 1,112,000
Monthly over 25 years at 3.7%
AED 11,374

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