3-bed · 2,196 sqftMada Residences, Downtown Dubai · 31st floor · completed 2018

3106, Mada Residences

Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3106 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 3.69M28 June 2018
Current rentAED 228K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3106, Mada Residences

What is 3106 worth today?

Last sold for AED 3,689,561 in 2018

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10 Oct 2024RentedRenewal
AED 228,000/yr12 months · AED 104 per sqft
10 Oct 2023RentedRenewal
AED 207,000/yr12 months · AED 94 per sqft
10 Oct 2022RentedNew contract
AED 180,000/yr12 months · AED 82 per sqft
20 Sep 2021RentedRenewal
AED 130,000/yr12 months · AED 59 per sqft
20 Jul 2020RentedNew contract
AED 120,000/yr14 months · AED 55 per sqft
28 Jan 2019RentedNew contract
AED 143,077/yr13 months · AED 65 per sqft
28 Jun 2018Sold by developerOff-plan
AED 3,689,561AED 1,699 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
3-bed apartment
Size
2,196 sqft
Floor
31st of 36
Parking
P1-11, P1-12
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 47,600 /yr
Last sold
AED 3.69M · June 2018

About 3106, Mada Residences

3106 is a three-bedroom apartment of 2,196 sqft on the 31st floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . The developer sold it on 28 June 2018 for AED 3,689,561, or AED 1,699 per sqft, in line with the AED 1,699 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 10 October 2024, is AED 228,000 a year: a gross yield of 6.2% on the 2018 price, before the service charge of about AED 47,600 a year.

Sales and rents for 3106 over time

Sales
Unit 3106, 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, June 2018: AED 3,689,561 (AED 1,699 per sqft)

3106 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3106, 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 218,182New contract, January 2019: AED 143,077 a yearNew contract, July 2020: AED 120,000 a yearRenewal, September 2021: AED 130,000 a yearNew contract, October 2022: AED 180,000 a yearRenewal, October 2023: AED 207,000 a yearRenewal, October 2024: AED 228,000 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 3106 sits

All 48 3-beds →

3106 last sold in June 2018 at AED 1,699 per sqft, in line with what three-beds in Mada Residences were fetching at the time (AED 1,699). 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. 3106's AED 228,000 is in the lower half 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 31st floor

All 192 units in Mada Residences
Value
31013-bedAED 4M · Jan 2026
31022-bedAED 2.4M · Dec 2023
31032-bedAED 2.58M · Jun 2018
31042-bedAED 2.56M · Jun 2018
31052-bedAED 2.76M · Jun 2018

3106, Mada Residences in numbers

  • Sold once: by Artar Real Estate Development on 28 June 2018 for AED 3,689,561, or AED 1,699 per sqft.
  • Rented since January 2019 on 6 Ejari contracts. The rent fell from AED 143,077 to AED 120,000 in 2020 and recovered to AED 228,000 by October 2024.
  • At AED 228,000 a year the gross yield on the 2018 price is 6.2%, 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 10 October 2024.

Questions about 3106, Mada Residences

What did unit 3106 last sell for?

AED 3,689,561 on 28 June 2018, sold by the developer: AED 1,699 per sqft for 2,196 sqft. It is the only registered sale of the unit.

What is the rent for unit 3106?

AED 228,000 a year on the contract renewed on 10 October 2024. The previous contract, from October 2023, was AED 207,000; the unit has been rented since January 2019.

How big is unit 3106?

2,196 sqft (204.0 sqm): a three-bedroom apartment on the 31st floor of a 36-storey tower completed in 2018.

What is unit 3106 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 3106, Mada Residences

Starts from the last sale price (AED 3.69M, 28 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,689,561
Deposit, UAE resident (20%)
AED 737,912
Deposit, non-resident (40%)
AED 1,475,824
Monthly over 25 years at 3.7%
AED 15,095

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