1-bed · 1,070 sqftMada Residences, Downtown Dubai · 6th floor · completed 2018

608, Mada Residences

Sold prices and rental history: sold once, by the developer in September 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 25 April 2025
Last soldAED 1.73M27 September 2016
Current rentAED 94K /yr25 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Mada Residences

What is 608 worth today?

Last sold for AED 1,729,023 in 2016

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25 Apr 2025RentedRenewal
AED 93,500/yr12 months · AED 86 per sqft
25 Apr 2025RentedRenewal
AED 93,500/yr12 months · AED 86 per sqft
25 Apr 2024RentedRenewal
AED 85,000/yr12 months · AED 78 per sqft
25 Apr 2023RentedRenewal
AED 85,000/yr12 months · AED 78 per sqft
25 Apr 2022RentedNew contract
AED 85,000/yr12 months · AED 78 per sqft
20 Dec 2020RentedNew contract
AED 67,000/yr12 months · AED 62 per sqft
20 Nov 2018RentedNew contract
AED 90,000/yr12 months · AED 83 per sqft
27 Sep 2016Sold by developerOff-plan
AED 1,729,023AED 1,616 per sqft

Source: Dubai Land Department. Updated 25 April 2025.

Key facts

Type
1-bed apartment
Size
1,070 sqft
Floor
6th of 36
Parking
P3-50
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 23,200 /yr
Last sold
AED 1.73M · September 2016

About 608, Mada Residences

608 is a one-bedroom apartment of 1,070 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 27 September 2016 for AED 1,729,023, or AED 1,616 per sqft, in line with the AED 1,588 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 25 April 2025, is AED 93,500 a year: a gross yield of 5.4% on the 2016 price, before the service charge of about AED 23,200 a year.

Sales and rents for 608 over time

Sales
Unit 608, each saleTypical one-bed in Mada Residences
1.5M2M2016201920222025Typical sale price by year: 2016 AED 1,727,058; 2018 AED 1,237,081; 2019 AED 1,350,000; 2022 AED 1,670,000; 2023 AED 1,500,000; 2024 AED 1,650,000; 2025 AED 2,000,000Sold by developer, September 2016: AED 1,729,023 (AED 1,616 per sqft)

608 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 608, each contractTypical one-bed in Mada Residences
60K80K100K2018202120242027Typical rent by year: 2018 AED 86,000; 2019 AED 85,000; 2020 AED 71,000; 2021 AED 70,000; 2022 AED 80,000; 2023 AED 92,500; 2024 AED 104,750; 2025 AED 110,000; 2026 AED 108,636New contract, November 2018: AED 90,000 a yearNew contract, December 2020: AED 67,000 a yearNew contract, April 2022: AED 85,000 a yearRenewal, April 2023: AED 85,000 a yearRenewal, April 2024: AED 85,000 a yearRenewal, April 2025: AED 93,500 a yearRenewal, April 2025: AED 93,500 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Mada Residences, and where 608 sits

All 55 1-beds →

608 last sold in September 2016 at AED 1,616 per sqft, in line with what one-beds in Mada Residences were fetching at the time (AED 1,588). Over the last 12 months one-beds sold for AED 1,580,000 to 2,150,000, around AED 1,922 per sqft, and rent for AED 72,500 to 150,000 a year. 608's AED 93,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Apr 20262,150,000
9 Feb 20261,580,000
28 Jul 20252,000,000
14 Jul 20252,150,000
2 1-bed sales 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 6th floor

All 192 units in Mada Residences
Value
6011-bedAED 1.39M · Mar 2016
6032-bedAED 2.73M · Jun 2018
6041-bedAED 1.42M · Mar 2016
6051-bedAED 1.71M · Mar 2016
6061-bedAED 2.15M · Jul 2025
6072-bedAED 2.76M · Jun 2018
6091-bedAED 1.61M · Mar 2016

608, Mada Residences in numbers

  • Sold once: by Artar Real Estate Development on 27 September 2016 for AED 1,729,023, or AED 1,616 per sqft.
  • Rented since November 2018 on 7 Ejari contracts. The rent fell from AED 90,000 to AED 67,000 in 2020 and recovered to AED 93,500 by April 2025.
  • At AED 93,500 a year the gross yield on the 2016 price is 5.4%, before a service charge of about AED 23,200 a year (AED 21.66 per sqft).
  • One-beds in Mada Residences sold for AED 1,580,000–2,150,000 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 25 April 2025.

Questions about 608, Mada Residences

What did unit 608 last sell for?

AED 1,729,023 on 27 September 2016, sold by the developer: AED 1,616 per sqft for 1,070 sqft. It is the only registered sale of the unit.

What is the rent for unit 608?

AED 93,500 a year on the contract renewed on 25 April 2025. The previous contract, from April 2025, was AED 93,500; the unit has been rented since November 2018.

How big is unit 608?

1,070 sqft (99.4 sqm): a one-bedroom apartment on the 6th floor of a 36-storey tower completed in 2018.

What is unit 608 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mada Residences sold for AED 1,580,000 to 2,150,000 in the last 12 months, around AED 1,922 per sqft.

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Mortgage on 608, Mada Residences

Starts from the last sale price (AED 1.73M, 27 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,729,023
Deposit, UAE resident (20%)
AED 345,805
Deposit, non-resident (40%)
AED 691,609
Monthly over 25 years at 3.7%
AED 7,074

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