503, Mada Residences
Sold prices and rental history: sold twice, last in March 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 503, Mada Residences
What is 503 worth today?
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Source: Dubai Land Department. Updated 24 March 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 4,660 sqft
- Floor
- 5th of 36
- Parking
- P1-5, P1-20
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 100,900 /yr
- Last sold
- AED 5.3M · March 2023
- Building
- Mada Residences
About 503, Mada Residences
503 is a three-bedroom apartment of 4,660 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 24 March 2023 for AED 5,300,000, or AED 1,137 per sqft, 11% 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 503 over time
503 has sold once; 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 503 sits
All 48 3-beds →503 last sold in March 2023 at AED 1,137 per sqft, 11% 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 Residences503, Mada Residences in numbers
- Sold twice: first on 24 March 2021 for AED 2,350,000, last on 24 March 2023 for AED 5,300,000 (AED 1,137 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 24 March 2023.
Questions about 503, Mada Residences
What did unit 503 last sell for?
AED 5,300,000 on 24 March 2023: AED 1,137 per sqft for 4,660 sqft. The unit has 2 registered sales; the first was AED 2,350,000 in March 2021.
How big is unit 503?
4,660 sqft (432.9 sqm): a three-bedroom apartment on the 5th floor of a 36-storey tower completed in 2018.
What is unit 503 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 503, Mada Residences
Starts from the last sale price (AED 5.3M, 24 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 5,300,000
- Deposit, UAE resident (20%)
- AED 1,060,000
- Deposit, non-resident (40%)
- AED 2,120,000
- Monthly over 25 years at 3.7%
- AED 21,684
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →