3-bed · 2,106 sqftMada Residences, Downtown Dubai · 27th floor · completed 2018

2701, Mada Residences

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

Unit 2701 · DLD and Ejari recordsUpdated 2 July 2024
Last soldAED 3.65M2 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2701, Mada Residences

What is 2701 worth today?

Last sold for AED 3,650,000 in 2024

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2 Jul 2024SoldReady
AED 3,650,000AED 1,733 per sqft
10 Jul 2017Sold by developerOff-plan
AED 3,474,832AED 1,683 per sqft

Source: Dubai Land Department. Updated 2 July 2024.

Key facts

Type
3-bed apartment
Size
2,106 sqft
Floor
27th of 36
Parking
P3-62, P3-63
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 45,600 /yr
Last sold
AED 3.65M · July 2024

About 2701, Mada Residences

2701 is a three-bedroom apartment of 2,106 sqft on the 27th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . It last sold on 2 July 2024 for AED 3,650,000, or AED 1,733 per sqft, 3% above the AED 1,680 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2701 over time

Sales
Unit 2701, 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, July 2017: AED 3,474,832 (AED 1,683 per sqft)Sold, July 2024: AED 3,650,000 (AED 1,733 per sqft)

2701 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2701, each contractTypical three-bed in Mada Residences
150K200K2018202120242027Typical 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 218,182

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 2701 sits

All 48 3-beds →

2701 last sold in July 2024 at AED 1,733 per sqft, 3% above what three-beds in Mada Residences were fetching at the time (AED 1,680). 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.

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 27th floor

All 192 units in Mada Residences
Value
27022-bedAED 1.64M · Apr 2021
27032-bedAED 2.22M · Jul 2023
27042-bedAED 2.56M · Jun 2018
27052-bedAED 2.97M · Oct 2026
27063-bedAED 3.69M · Jun 2018

2701, Mada Residences in numbers

  • Sold twice: first on 10 July 2017 for AED 3,474,832, last on 2 July 2024 for AED 3,650,000 (AED 1,733 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 2 July 2024.

Questions about 2701, Mada Residences

What did unit 2701 last sell for?

AED 3,650,000 on 2 July 2024: AED 1,733 per sqft for 2,106 sqft. The unit has 2 registered sales; the first was AED 3,474,832 in July 2017.

How big is unit 2701?

2,106 sqft (195.7 sqm): a three-bedroom apartment on the 27th floor of a 36-storey tower completed in 2018.

What is unit 2701 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 2701, Mada Residences

Starts from the last sale price (AED 3.65M, 2 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

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