3-bed · 2,196 sqftMada Residences, Downtown Dubai · 25th floor · completed 2018

2506, Mada Residences

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

Unit 2506 · DLD and Ejari recordsUpdated 22 October 2024
Last soldAED 4M22 October 2024
Current rentAED 300K /yr21 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2506, Mada Residences

What is 2506 worth today?

Last sold for AED 4,000,000 in 2024

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22 Oct 2024SoldReady
AED 4,000,000AED 1,821 per sqft
21 May 2024RentedRenewal
AED 300,000/yr6 months · AED 137 per sqft
23 Feb 2024RentedRenewal
AED 298,636/yr3 months · AED 136 per sqft
23 Jan 2023RentedNew contract
AED 240,000/yr13 months · AED 109 per sqft
1 Oct 2020RentedNew contract
AED 120,000/yr12 months · AED 55 per sqft
1 Mar 2020RentedNew contract
AED 150,000/yr12 months · AED 68 per sqft
12 Apr 2016Sold by developerOff-plan
AED 3,646,146AED 1,679 per sqft

Source: Dubai Land Department. Updated 22 October 2024.

Key facts

Type
3-bed apartment
Size
2,196 sqft
Floor
25th of 36
Parking
P2-24, P2-25
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 47,600 /yr
Last sold
AED 4M · October 2024

About 2506, Mada Residences

2506 is a three-bedroom apartment of 2,196 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 22 October 2024 for AED 4,000,000, or AED 1,821 per sqft, 7% above the AED 1,696 three-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 21 May 2024, is AED 300,000 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 47,600 a year.

Sales and rents for 2506 over time

Sales
Unit 2506, each saleTypical three-bed in Mada Residences
3M4M2016201920222025Typical sale price by year: 2016 AED 3,466,579; 2018 AED 3,689,561; 2021 AED 2,577,832; 2023 AED 3,450,000; 2024 AED 3,675,000; 2025 AED 4,000,000; 2026 AED 4,175,000Sold by developer, April 2016: AED 3,646,146 (AED 1,679 per sqft)Sold, October 2024: AED 4,000,000 (AED 1,821 per sqft)

2506 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2506, each contractTypical three-bed in Mada Residences
100K200K300K2018202120242027Typical rent by year: 2018 AED 160,000; 2019 AED 150,000; 2020 AED 125,000; 2021 AED 130,000; 2022 AED 149,000; 2023 AED 171,000; 2024 AED 222,500; 2025 AED 220,000; 2026 AED 218,182New contract, March 2020: AED 150,000 a yearNew contract, October 2020: AED 120,000 a yearNew contract, January 2023: AED 240,000 a yearRenewal, February 2024: AED 298,636 a yearRenewal, May 2024: AED 300,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Mada Residences, and where 2506 sits

All 48 3-beds →

2506 last sold in October 2024 at AED 1,821 per sqft, 7% above what three-beds in Mada Residences were fetching at the time (AED 1,696). Over the last 12 months three-beds sold for AED 3,658,500 to 7,256,780, around AED 1,823 per sqft, and rent for AED 194,528 to 300,000 a year. 2506's AED 300,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
7 Oct 20267,256,780
9 Sep 20263,658,500
17 Jun 20264,300,000
16 Feb 20264,050,000
9 3-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
25032-bedAED 2.45M · Nov 2023
25042-bedAED 2.56M · May 2024
25052-bedAED 3M · May 2025

2506, Mada Residences in numbers

  • Sold twice: first on 12 April 2016 for AED 3,646,146, last on 22 October 2024 for AED 4,000,000 (AED 1,821 per sqft).
  • Rented since March 2020 on 5 Ejari contracts. The rent fell from AED 150,000 to AED 120,000 in 2020 and recovered to AED 300,000 by May 2024.
  • At AED 300,000 a year the gross yield on the 2024 price is 7.5%, before a service charge of about AED 47,600 a year (AED 21.66 per sqft).
  • Three-beds in Mada Residences sold for AED 3,658,500–7,256,780 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 22 October 2024.

Questions about 2506, Mada Residences

What did unit 2506 last sell for?

AED 4,000,000 on 22 October 2024: AED 1,821 per sqft for 2,196 sqft. The unit has 2 registered sales; the first was AED 3,646,146 in April 2016.

What is the rent for unit 2506?

AED 300,000 a year on the contract renewed on 21 May 2024. The previous contract, from February 2024, was AED 298,636; the unit has been rented since March 2020.

How big is unit 2506?

2,196 sqft (204.0 sqm): a three-bedroom apartment on the 25th floor of a 36-storey tower completed in 2018.

What is unit 2506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mada Residences sold for AED 3,658,500 to 7,256,780 in the last 12 months, around AED 1,823 per sqft.

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Mortgage on 2506, Mada Residences

Starts from the last sale price (AED 4M, 22 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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