504, Mada Residences
Sold prices and rental history: sold once, by the developer in March 2021, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Mada Residences
What is 504 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 27 September 2021.
Key facts
- Type
- 4-bed apartment
- Size
- 12,405 sqft
- Floor
- 5th of 36
- Parking
- P1-21, P1-22
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 268,700 /yr
- Last sold
- AED 3.15M · March 2021
- Building
- Mada Residences
About 504, Mada Residences
504 is a four-bedroom apartment of 12,405 sqft on the 5th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . The developer sold it on 24 March 2021 for AED 3,150,000, or AED 253 per sqft, 85% below the AED 1,740 four-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 27 September 2021, is AED 173,591 a year: a gross yield of 5.5% on the 2021 price, before the service charge of about AED 268,700 a year.
Sales and rents for 504 over time
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 504 sits
All 9 4-beds →504 last sold in March 2021 at AED 253 per sqft, 85% below what four-beds in Mada Residences were fetching at the time (AED 1,740). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jul 202623 July 2026 | 1,155 sqft | 2,015,000 | 1,744 | ||
| 30 Dec 202430 December 2024 | 3,306 sqft | 6,100,000 | 1,845 | ||
| 11 Nov 202411 November 2024 | 3,306 sqft | 5,289,281 | 1,599 | ||
| 29 Aug 202429 August 2024 | 3,296 sqft | 5,454,586 | 1,654 |
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 Residences504, Mada Residences in numbers
- Sold once: by Artar Real Estate Development on 24 March 2021 for AED 3,150,000, or AED 253 per sqft.
- Rented since September 2020 on 2 Ejari contracts, from AED 175,000 to AED 173,591 a year.
- At AED 173,591 a year the gross yield on the 2021 price is 5.5%, before a service charge of about AED 268,700 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 27 September 2021.
Questions about 504, Mada Residences
What did unit 504 last sell for?
AED 3,150,000 on 24 March 2021, sold by the developer: AED 253 per sqft for 12,405 sqft. It is the only registered sale of the unit.
What is the rent for unit 504?
AED 173,591 a year on the contract signed on 27 September 2021. The previous contract, from September 2020, was AED 175,000.
How big is unit 504?
12,405 sqft (1152.5 sqm): a four-bedroom apartment on the 5th floor of a 36-storey tower completed in 2018.
What is unit 504 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.
Selling 504? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 504, Mada Residences
Starts from the last sale price (AED 3.15M, 24 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 3,150,000
- Deposit, UAE resident (20%)
- AED 630,000
- Deposit, non-resident (40%)
- AED 1,260,000
- Monthly over 25 years at 3.7%
- AED 12,888
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →