2-bed · 1,504 sqftMada Residences, Downtown Dubai · 28th floor · completed 2018

2804, Mada Residences

Sold prices and rental history: sold once, by the developer in September 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2804 · DLD and Ejari recordsUpdated 28 March 2023
Last soldAED 2.54M26 September 2017
Current rentAED 170K /yr28 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2804, Mada Residences

What is 2804 worth today?

Last sold for AED 2,536,537 in 2017

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28 Mar 2023RentedNew contract
AED 170,000/yr12 months · AED 112 per sqft
1 Feb 2022RentedNew contract
AED 105,800/yr12 months · AED 69 per sqft
1 Feb 2020RentedRenewal
AED 110,000/yr12 months · AED 72 per sqft
1 Feb 2019RentedNew contract
AED 110,000/yr12 months · AED 72 per sqft
26 Sep 2017Sold by developerOff-plan
AED 2,536,537AED 1,685 per sqft

Source: Dubai Land Department. Updated 28 March 2023.

Key facts

Type
2-bed apartment
Size
1,504 sqft
Floor
28th of 36
Parking
P4-46
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 32,600 /yr
Last sold
AED 2.54M · September 2017

About 2804, Mada Residences

2804 is a two-bedroom apartment of 1,504 sqft on the 28th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . The developer sold it on 26 September 2017 for AED 2,536,537, or AED 1,685 per sqft, 4% below the AED 1,747 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 28 March 2023, is AED 170,000 a year: a gross yield of 6.7% on the 2017 price, before the service charge of about AED 32,600 a year.

Sales and rents for 2804 over time

Sales
Unit 2804, 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, September 2017: AED 2,536,537 (AED 1,685 per sqft)

2804 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2804, 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, February 2019: AED 110,000 a yearRenewal, February 2020: AED 110,000 a yearNew contract, February 2022: AED 105,800 a yearNew contract, March 2023: AED 170,000 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 2804 sits

All 80 2-beds →

2804 last sold in September 2017 at AED 1,685 per sqft, 4% below what two-beds in Mada Residences were fetching at the time (AED 1,747). 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. 2804's AED 170,000 is in the upper 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 28th floor

All 192 units in Mada Residences
Value
28013-bedAED 3.48M · Oct 2016
28022-bedAED 2.64M · Jul 2024
28032-bedAED 2.2M · Aug 2023
28052-bedAED 2.6M · May 2025
28063-bedAED 4M · Dec 2025

2804, Mada Residences in numbers

  • Sold once: by Artar Real Estate Development on 26 September 2017 for AED 2,536,537, or AED 1,685 per sqft.
  • Rented since February 2019 on 4 Ejari contracts, from AED 110,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2017 price is 6.7%, before a service charge of about AED 32,600 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 28 March 2023.

Questions about 2804, Mada Residences

What did unit 2804 last sell for?

AED 2,536,537 on 26 September 2017, sold by the developer: AED 1,685 per sqft for 1,504 sqft. It is the only registered sale of the unit.

What is the rent for unit 2804?

AED 170,000 a year on the contract signed on 28 March 2023. The previous contract, from February 2022, was AED 105,800; the unit has been rented since February 2019.

How big is unit 2804?

1,504 sqft (139.7 sqm): a two-bedroom apartment on the 28th floor of a 36-storey tower completed in 2018.

What is unit 2804 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 2804, Mada Residences

Starts from the last sale price (AED 2.54M, 26 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,536,537
Deposit, UAE resident (20%)
AED 507,307
Deposit, non-resident (40%)
AED 1,014,615
Monthly over 25 years at 3.7%
AED 10,378

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