4-bed · 3,306 sqftMada Residences, Downtown Dubai · 36th floor · completed 2018

3602, Mada Residences

Sold prices and rental history: sold twice, last in December 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3602 · DLD and Ejari recordsUpdated 30 December 2024
Last soldAED 6.1M30 December 2024
Current rentAED 295K /yr20 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3602, Mada Residences

What is 3602 worth today?

Last sold for AED 6,100,000 in 2024

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30 Dec 2024SoldReady
AED 6,100,000AED 1,845 per sqft
11 Nov 2024Sold by developerReady
AED 5,289,281AED 1,599 per sqft
20 Jun 2023RentedRenewal
AED 295,000/yr12 months · AED 89 per sqft
20 Jun 2022RentedNew contract
AED 280,000/yr12 months · AED 85 per sqft
1 Apr 2021RentedRenewal
AED 170,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 30 December 2024.

Key facts

Type
4-bed apartment
Size
3,306 sqft
Floor
36th of 36
Parking
P1-54, P1-55
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 71,600 /yr
Last sold
AED 6.1M · December 2024

About 3602, Mada Residences

3602 is a four-bedroom apartment of 3,306 sqft on the 36th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . It last sold on 30 December 2024 for AED 6,100,000, or AED 1,845 per sqft, 5% above the AED 1,760 four-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 20 June 2023, is AED 295,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 71,600 a year.

Sales and rents for 3602 over time

Rents
Unit 3602, each contractTypical four-bed in Mada Residences
200K300K201920212023Typical rent by year: 2019 AED 200,000; 2021 AED 170,000; 2022 AED 236,250; 2023 AED 250,350Renewal, April 2021: AED 170,000 a yearNew contract, June 2022: AED 280,000 a yearRenewal, June 2023: AED 295,000 a year

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 3602 sits

All 9 4-beds →

3602 last sold in December 2024 at AED 1,845 per sqft, 5% above what four-beds in Mada Residences were fetching at the time (AED 1,760). 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
29 Aug 20245,454,586
18 Apr 20245,150,000
15 Feb 20245,700,000
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 36th floor

All 192 units in Mada Residences
Value
36014-bedAED 4.3M · Dec 2018
36034-bedAED 5.75M · Feb 2024

3602, Mada Residences in numbers

  • Sold twice: first on 11 November 2024 for AED 5,289,281, last on 30 December 2024 for AED 6,100,000 (AED 1,845 per sqft).
  • Rented since April 2021 on 3 Ejari contracts, from AED 170,000 to AED 295,000 a year.
  • At AED 295,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 71,600 a year (AED 21.66 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 30 December 2024.

Questions about 3602, Mada Residences

What did unit 3602 last sell for?

AED 6,100,000 on 30 December 2024: AED 1,845 per sqft for 3,306 sqft. The unit has 2 registered sales; the first was AED 5,289,281 in November 2024.

What is the rent for unit 3602?

AED 295,000 a year on the contract renewed on 20 June 2023. The previous contract, from June 2022, was AED 280,000; the unit has been rented since April 2021.

How big is unit 3602?

3,306 sqft (307.1 sqm): a four-bedroom apartment on the 36th floor of a 36-storey tower completed in 2018.

What is unit 3602 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 3602, Mada Residences

Starts from the last sale price (AED 6.1M, 30 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,100,000
Deposit, UAE resident (20%)
AED 1,220,000
Deposit, non-resident (40%)
AED 2,440,000
Monthly over 25 years at 3.7%
AED 24,957

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