603, Mada Residences
Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 603, Mada Residences
What is 603 worth today?
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Source: Dubai Land Department. Updated 22 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,628 sqft
- Floor
- 6th of 36
- Parking
- P1-23
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 35,300 /yr
- Last sold
- AED 2.73M · June 2018
- Building
- Mada Residences
About 603, Mada Residences
603 is a two-bedroom apartment of 1,628 sqft on the 6th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . The developer sold it on 28 June 2018 for AED 2,727,956, or AED 1,699 per sqft, in line with the AED 1,699 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 22 May 2025, is AED 136,000 a year: a gross yield of 5.0% on the 2018 price, before the service charge of about AED 35,300 a year.
Sales and rents for 603 over time
603 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mada Residences, and where 603 sits
All 80 2-beds →603 last sold in June 2018 at AED 1,699 per sqft, in line with what two-beds in Mada Residences were fetching at the time (AED 1,699). Over the last 12 months two-beds sold for AED 2,550,000 to 3,158,400, around AED 1,791 per sqft, and rent for AED 140,000 to 200,000 a year. 603's AED 136,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 1,656 sqft | 2,966,700 | 1,791 | ||
| 19 May 202619 May 2026 | 1,526 sqft | 2,550,000 | 1,671 | ||
| 31 Mar 202631 March 2026 | 1,628 sqft | 2,825,000 | 1,734 | ||
| 12 Dec 202512 December 2025 | 1,620 sqft | 3,158,400 | 1,949 |
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 6th floor
All 192 units in Mada Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 882 sqft | AED 1.39MAED 1,393,178 · Mar 2016March 2016 | 100,000 /yr | |
| 604 | 1-bed | 904 sqft | AED 1.42MAED 1,421,052 · Mar 2016March 2016 | 90,000 /yr | |
| 605 | 1-bed | 1,086 sqft | AED 1.71MAED 1,714,237 · Mar 2016March 2016 | 100,000 /yr | |
| 606 | 1-bed | 1,114 sqft | AED 2.15MAED 2,150,000 · Jul 2025July 2025 | 160,000 /yr | |
| 607 | 2-bed | 1,664 sqft | AED 2.76MAED 2,759,066 · Jun 2018June 2018 | 99,000 /yr | |
| 608 | 1-bed | 1,070 sqft | AED 1.73MAED 1,729,023 · Sep 2016September 2016 | 93,500 /yr | |
| 609 | 1-bed | 1,018 sqft | AED 1.61MAED 1,607,160 · Mar 2016March 2016 | 125,000 /yr |
603, Mada Residences in numbers
- Sold once: by Artar Real Estate Development on 28 June 2018 for AED 2,727,956, or AED 1,699 per sqft.
- Rented since February 2019 on 8 Ejari contracts. The rent fell from AED 115,000 to AED 90,000 in 2021 and recovered to AED 136,000 by May 2025.
- At AED 136,000 a year the gross yield on the 2018 price is 5.0%, before a service charge of about AED 35,300 a year (AED 21.66 per sqft).
- Two-beds in Mada Residences sold for AED 2,550,000–3,158,400 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 22 May 2025.
Questions about 603, Mada Residences
What did unit 603 last sell for?
AED 2,727,956 on 28 June 2018, sold by the developer: AED 1,699 per sqft for 1,628 sqft. It is the only registered sale of the unit.
What is the rent for unit 603?
AED 136,000 a year on the contract renewed on 22 May 2025. The previous contract, from May 2025, was AED 136,000; the unit has been rented since February 2019.
How big is unit 603?
1,628 sqft (151.2 sqm): a two-bedroom apartment on the 6th floor of a 36-storey tower completed in 2018.
What is unit 603 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mada Residences sold for AED 2,550,000 to 3,158,400 in the last 12 months, around AED 1,791 per sqft.
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Mortgage on 603, Mada Residences
Starts from the last sale price (AED 2.73M, 28 June 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,727,956
- Deposit, UAE resident (20%)
- AED 545,591
- Deposit, non-resident (40%)
- AED 1,091,182
- Monthly over 25 years at 3.7%
- AED 11,161
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →