4-bed · 3,253 sqftMada Residences, Downtown Dubai · 36th floor · completed 2018

3603, Mada Residences

Sold prices and rental history: sold once, by the developer in February 2024, and rented once, from May 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3603 · DLD and Ejari recordsUpdated 6 February 2024
Last soldAED 5.75M6 February 2024
Current rentAED 185K /yr15 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3603, Mada Residences

What is 3603 worth today?

Last sold for AED 5,750,000 in 2024

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6 Feb 2024Sold by developerReady
AED 5,750,000AED 1,767 per sqft
15 May 2020RentedNew contract
AED 185,000/yr36 months · AED 57 per sqft

Source: Dubai Land Department. Updated 6 February 2024.

Key facts

Type
4-bed apartment
Size
3,253 sqft
Floor
36th of 36
Parking
P1-56, P1-57
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 70,500 /yr
Last sold
AED 5.75M · February 2024

About 3603, Mada Residences

3603 is a four-bedroom apartment of 3,253 sqft on the 36th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . The developer sold it on 6 February 2024 for AED 5,750,000, or AED 1,767 per sqft.

One Ejari contract is registered, from 15 May 2020. The current contract, signed on 15 May 2020, is AED 185,000 a year: a gross yield of 3.2% on the 2024 price, before the service charge of about AED 70,500 a year.

Sales and rents for 3603 over time

Rents
Unit 3603, 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 250,350New contract, May 2020: AED 185,000 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 3603 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 36th floor

All 192 units in Mada Residences
Value
36014-bedAED 4.3M · Dec 2018
36024-bedAED 6.1M · Dec 2024

3603, Mada Residences in numbers

  • Sold once: by Artar Real Estate Development on 6 February 2024 for AED 5,750,000, or AED 1,767 per sqft.
  • Rented since May 2020 on one Ejari contract, at AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2024 price is 3.2%, before a service charge of about AED 70,500 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 6 February 2024.

Questions about 3603, Mada Residences

What did unit 3603 last sell for?

AED 5,750,000 on 6 February 2024, sold by the developer: AED 1,767 per sqft for 3,253 sqft. It is the only registered sale of the unit.

What is the rent for unit 3603?

AED 185,000 a year on the contract signed on 15 May 2020.

How big is unit 3603?

3,253 sqft (302.2 sqm): a four-bedroom apartment on the 36th floor of a 36-storey tower completed in 2018.

What is unit 3603 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 3603, Mada Residences

Starts from the last sale price (AED 5.75M, 6 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,750,000
Deposit, UAE resident (20%)
AED 1,150,000
Deposit, non-resident (40%)
AED 2,300,000
Monthly over 25 years at 3.7%
AED 23,525

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