3-bed · 2,387 sqftMada Residences, Downtown Dubai · 34th floor · completed 2018

3402, 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 3402 · DLD and Ejari recordsUpdated 15 February 2025
Last soldAED 3.99M28 June 2018
Current rentAED 224K /yr15 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3402, Mada Residences

What is 3402 worth today?

Last sold for AED 3,992,943 in 2018

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15 Feb 2025RentedRenewal
AED 223,905/yr12 months · AED 94 per sqft
15 Feb 2025RentedRenewal
AED 223,905/yr12 months · AED 94 per sqft
15 Feb 2024RentedRenewal
AED 203,550/yr12 months · AED 85 per sqft
15 Feb 2023RentedRenewal
AED 177,000/yr12 months · AED 74 per sqft
15 Feb 2022RentedRenewal
AED 168,000/yr12 months · AED 70 per sqft
15 Feb 2021RentedRenewal
AED 160,000/yr12 months · AED 67 per sqft
15 Feb 2020RentedRenewal
AED 195,000/yr12 months · AED 82 per sqft
15 Jan 2019RentedNew contract
AED 195,000/yr13 months · AED 82 per sqft

Source: Dubai Land Department. Updated 15 February 2025.

Key facts

Type
3-bed apartment
Size
2,387 sqft
Floor
34th of 36
Parking
P4-57, P4-58
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 51,700 /yr
Last sold
AED 3.99M · June 2018

About 3402, Mada Residences

3402 is a three-bedroom apartment of 2,387 sqft on the 34th 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 3,992,943, 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 8 Ejari contracts. The current contract, renewed on 15 February 2025, is AED 223,905 a year: a gross yield of 5.6% on the 2018 price, before the service charge of about AED 51,700 a year.

Sales and rents for 3402 over time

Sales
Unit 3402, 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 3,992,943 (AED 1,699 per sqft)

3402 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3402, 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 195,000 a yearRenewal, February 2020: AED 195,000 a yearRenewal, February 2021: AED 160,000 a yearRenewal, February 2022: AED 168,000 a yearRenewal, February 2023: AED 177,000 a yearRenewal, February 2024: AED 203,550 a yearRenewal, February 2025: AED 223,905 a yearRenewal, February 2025: AED 223,905 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 3402 sits

All 48 3-beds →

3402 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. 3402's AED 223,905 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 34th floor

All 192 units in Mada Residences
Value
34013-bedAED 4.75M · Aug 2025
34033-bedAED 3.35M · Jun 2018
34043-bedAED 4.01M · Jun 2018

3402, Mada Residences in numbers

  • Sold once: by Artar Real Estate Development on 28 June 2018 for AED 3,992,943, or AED 1,699 per sqft.
  • Rented since January 2019 on 8 Ejari contracts. The rent fell from AED 195,000 to AED 160,000 in 2021 and recovered to AED 223,905 by February 2025.
  • At AED 223,905 a year the gross yield on the 2018 price is 5.6%, before a service charge of about AED 51,700 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 15 February 2025.

Questions about 3402, Mada Residences

What did unit 3402 last sell for?

AED 3,992,943 on 28 June 2018, sold by the developer: AED 1,699 per sqft for 2,387 sqft. It is the only registered sale of the unit.

What is the rent for unit 3402?

AED 223,905 a year on the contract renewed on 15 February 2025. The previous contract, from February 2025, was AED 223,905; the unit has been rented since January 2019.

How big is unit 3402?

2,387 sqft (221.8 sqm): a three-bedroom apartment on the 34th floor of a 36-storey tower completed in 2018.

What is unit 3402 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 3402, Mada Residences

Starts from the last sale price (AED 3.99M, 28 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,992,943
Deposit, UAE resident (20%)
AED 798,589
Deposit, non-resident (40%)
AED 1,597,177
Monthly over 25 years at 3.7%
AED 16,336

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