2903, Mada Residences
Sold prices and rental history: sold once, by the developer in March 2021, and rented once, from October 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2903, Mada Residences
What is 2903 worth today?
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Source: Dubai Land Department. Updated 14 March 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,529 sqft
- Floor
- 29th of 36
- Parking
- P3-16
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 33,100 /yr
- Last sold
- AED 1.5M · March 2021
- Building
- Mada Residences
About 2903, Mada Residences
2903 is a two-bedroom apartment of 1,529 sqft on the 29th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . The developer sold it on 14 March 2021 for AED 1,500,000, or AED 981 per sqft, 12% above the AED 875 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 26 October 2020. The current contract, signed on 26 October 2020, is AED 90,000 a year: a gross yield of 6.0% on the 2021 price, before the service charge of about AED 33,100 a year.
Sales and rents for 2903 over time
2903 has sold once; the dashed line is the two-bed median of each year in the building.
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 2903 sits
All 80 2-beds →2903 last sold in March 2021 at AED 981 per sqft, 12% above what two-beds in Mada Residences were fetching at the time (AED 875). 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. 2903's AED 90,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 1,656 sqft | 2,966,700 | 1,791 | ||
| 19 May 202619 May 2026 | 1,526 sqft | 2,550,000 | 1,671 | ||
| 31 Mar 202631 March 2026 | 1,628 sqft | 2,825,000 | 1,734 | ||
| 12 Dec 202512 December 2025 | 1,620 sqft | 3,158,400 | 1,949 |
Mada Residences
Building192 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%
Other units on the 29th floor
All 192 units in Mada Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | 3-bed | 2,108 sqft | AED 3.7MAED 3,700,000 · Oct 2024October 2024 | 149,500 /yr | |
| 2902 | 2-bed | 807 sqft | AED 2.98MAED 2,976,990 · Jun 2016June 2016 | 145,000 /yr | |
| 2904 | 2-bed | 1,504 sqft | AED 2.54MAED 2,539,546 · Jun 2016June 2016 | 146,107 /yr | |
| 2905 | 2-bed | 1,656 sqft | AED 2.5MAED 2,500,000 · Jul 2023July 2023 | 200,000 /yr | |
| 2906 | 3-bed | 2,196 sqft | AED 3.9MAED 3,900,000 · May 2025May 2025 | 170,000 /yr |
2903, Mada Residences in numbers
- Sold once: by Artar Real Estate Development on 14 March 2021 for AED 1,500,000, or AED 981 per sqft.
- Rented since October 2020 on one Ejari contract, at AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2021 price is 6.0%, 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 14 March 2021.
Questions about 2903, Mada Residences
What did unit 2903 last sell for?
AED 1,500,000 on 14 March 2021, sold by the developer: AED 981 per sqft for 1,529 sqft. It is the only registered sale of the unit.
What is the rent for unit 2903?
AED 90,000 a year on the contract signed on 26 October 2020.
How big is unit 2903?
1,529 sqft (142.0 sqm): a two-bedroom apartment on the 29th floor of a 36-storey tower completed in 2018.
What is unit 2903 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 2903, Mada Residences
Starts from the last sale price (AED 1.5M, 14 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →