502, Mada Residences
Sold prices and rental history: sold twice, last in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Mada Residences
What is 502 worth today?
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Source: Dubai Land Department. Updated 4 August 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 7,892 sqft
- Floor
- 5th of 36
- Parking
- P1-3, P1-4
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 170,900 /yr
- Last sold
- AED 2.13M · August 2023
- Building
- Mada Residences
About 502, Mada Residences
502 is a three-bedroom apartment of 7,892 sqft on the 5th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . It last sold on 4 August 2023 for AED 2,132,500, or AED 270 per sqft, 79% below the AED 1,279 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 502 over time
No registered sale of 502; the dashed line is the three-bed median of each year in the building.
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 502 sits
All 48 3-beds →502 last sold in August 2023 at AED 270 per sqft, 79% below what three-beds in Mada Residences were fetching at the time (AED 1,279). 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.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 2,103 sqft | 7,256,780 | 3,449 | ||
| 9 Sep 20269 September 2026 | 2,102 sqft | 3,658,500 | 1,740 | ||
| 17 Jun 202617 June 2026 | 2,408 sqft | 4,300,000 | 1,786 | ||
| 16 Feb 202616 February 2026 | 2,196 sqft | 4,050,000 | 1,844 |
Mada Residences
Building192 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%
Other units on the 5th floor
All 192 units in Mada Residences502, Mada Residences in numbers
- Sold twice: first on 21 February 2021 for AED 2,500,000, last on 4 August 2023 for AED 2,132,500 (AED 270 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 4 August 2023.
Questions about 502, Mada Residences
What did unit 502 last sell for?
AED 2,132,500 on 4 August 2023: AED 270 per sqft for 7,892 sqft. The unit has 2 registered sales; the first was AED 2,500,000 in February 2021.
How big is unit 502?
7,892 sqft (733.2 sqm): a three-bedroom apartment on the 5th floor of a 36-storey tower completed in 2018.
What is unit 502 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 502, Mada Residences
Starts from the last sale price (AED 2.13M, 4 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,132,500
- Deposit, UAE resident (20%)
- AED 426,500
- Deposit, non-resident (40%)
- AED 853,000
- Monthly over 25 years at 3.7%
- AED 8,725
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →