4-bed · 5,760 sqftMada Residences, Downtown Dubai · 32nd floor · completed 2018

3203, Mada Residences

Sold prices and rental history: sold once, by the developer in March 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3203 · DLD and Ejari recordsUpdated 11 March 2021
Last soldAED 3.5M11 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3203, Mada Residences

What is 3203 worth today?

Last sold for AED 3,500,000 in 2021

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11 Mar 2021Sold by developerReady · flagged as an outlier
AED 3,500,000AED 607 per sqft

Source: Dubai Land Department. Updated 11 March 2021.

Key facts

Type
4-bed apartment
Size
5,760 sqft
Floor
32nd of 36
Parking
P2-64, P2-65
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 124,800 /yr
Last sold
AED 3.5M · March 2021

About 3203, Mada Residences

3203 is a four-bedroom apartment of 5,760 sqft on the 32nd floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . The developer sold it on 11 March 2021 for AED 3,500,000, or AED 607 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3203 over time

Rents
Unit 3203, each contractTypical four-bed in Mada Residences
200K250K201920212023Typical rent by year: 2019 AED 200,000; 2021 AED 170,000; 2022 AED 236,250; 2023 AED 250,350

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

4-beds in Mada Residences, and where 3203 sits

All 9 4-beds →

Over the last 12 months four-beds sold for AED 2,015,000, around AED 1,744 per sqft, and rent for AED 350,000 to 350,000 a year.

Recent 4-bed salesUnit no.Price (AED)Summary
23 Jul 20262,015,000
30 Dec 20246,100,000
11 Nov 20245,289,281
29 Aug 20245,454,586
1 4-bed sale 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 32nd floor

All 192 units in Mada Residences
Value
32013-bedAED 2.08M · Jan 2021
32023-bedAED 2.5M · Apr 2021

3203, Mada Residences in numbers

  • Sold once: by Artar Real Estate Development on 11 March 2021 for AED 3,500,000, or AED 607 per sqft.
  • Four-beds in Mada Residences sold for AED 2,015,000–2,015,000 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 11 March 2021.

Questions about 3203, Mada Residences

What did unit 3203 last sell for?

AED 3,500,000 on 11 March 2021, sold by the developer: AED 607 per sqft for 5,760 sqft. It is the only registered sale of the unit.

How big is unit 3203?

5,760 sqft (535.1 sqm): a four-bedroom apartment on the 32nd floor of a 36-storey tower completed in 2018.

What is unit 3203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Mada Residences sold for AED 2,015,000 to 2,015,000 in the last 12 months, around AED 1,744 per sqft.

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Mortgage on 3203, Mada Residences

Starts from the last sale price (AED 3.5M, 11 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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