2-bed · 1,529 sqftMada Residences, Downtown Dubai · 25th floor · completed 2018

2503, Mada Residences

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2503 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 2.45M1 November 2023
Current rentAED 155K /yr20 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2503, Mada Residences

What is 2503 worth today?

Last sold for AED 2,450,000 in 2023

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1 Nov 2023SoldReady
AED 2,450,000AED 1,602 per sqft
20 Jan 2023RentedNew contract
AED 155,000/yr12 months · AED 101 per sqft
1 Dec 2020RentedNew contract
AED 90,000/yr12 months · AED 59 per sqft
25 Jun 2020RentedNew contract
AED 85,000/yr12 months · AED 56 per sqft
25 Apr 2019RentedNew contract
AED 125,000/yr12 months · AED 82 per sqft
27 Mar 2016Sold by developerOff-plan
AED 2,551,380AED 1,668 per sqft

Source: Dubai Land Department. Updated 1 November 2023.

Key facts

Type
2-bed apartment
Size
1,529 sqft
Floor
25th of 36
Parking
P4-35
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 33,100 /yr
Last sold
AED 2.45M · November 2023

About 2503, Mada Residences

2503 is a two-bedroom apartment of 1,529 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 1 November 2023 for AED 2,450,000, or AED 1,602 per sqft, 12% above the AED 1,436 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 20 January 2023, is AED 155,000 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 33,100 a year.

Sales and rents for 2503 over time

Sales
Unit 2503, 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 2,551,380 (AED 1,668 per sqft)Sold, November 2023: AED 2,450,000 (AED 1,602 per sqft)

2503 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2503, 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, April 2019: AED 125,000 a yearNew contract, June 2020: AED 85,000 a yearNew contract, December 2020: AED 90,000 a yearNew contract, January 2023: AED 155,000 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 2503 sits

All 80 2-beds →

2503 last sold in November 2023 at AED 1,602 per sqft, 12% above what two-beds in Mada Residences were fetching at the time (AED 1,436). 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. 2503's AED 155,000 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 25th floor

All 192 units in Mada Residences
Value
25013-bedAED 3.98M · Dec 2023
25022-bedAED 2.78M · Dec 2024
25042-bedAED 2.56M · May 2024
25052-bedAED 3M · May 2025
25063-bedAED 4M · Oct 2024

2503, Mada Residences in numbers

  • Sold twice: first on 27 March 2016 for AED 2,551,380, last on 1 November 2023 for AED 2,450,000 (AED 1,602 per sqft).
  • Rented since April 2019 on 4 Ejari contracts. The rent fell from AED 125,000 to AED 85,000 in 2020 and recovered to AED 155,000 by January 2023.
  • At AED 155,000 a year the gross yield on the 2023 price is 6.3%, 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 1 November 2023.

Questions about 2503, Mada Residences

What did unit 2503 last sell for?

AED 2,450,000 on 1 November 2023: AED 1,602 per sqft for 1,529 sqft. The unit has 2 registered sales; the first was AED 2,551,380 in March 2016.

What is the rent for unit 2503?

AED 155,000 a year on the contract signed on 20 January 2023. The previous contract, from December 2020, was AED 90,000; the unit has been rented since April 2019.

How big is unit 2503?

1,529 sqft (142.0 sqm): a two-bedroom apartment on the 25th floor of a 36-storey tower completed in 2018.

What is unit 2503 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 2503, Mada Residences

Starts from the last sale price (AED 2.45M, 1 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

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