703, Mada Residences
Sold prices and rental history: sold twice, last in March 2026, 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 703, Mada Residences
What is 703 worth today?
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Source: Dubai Land Department. Updated 20 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,628 sqft
- Floor
- 7th of 36
- Parking
- P2-23
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 35,300 /yr
- Last sold
- AED 2.83M · March 2026
- Building
- Mada Residences
About 703, Mada Residences
703 is a two-bedroom apartment of 1,628 sqft on the 7th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development . It last sold on 31 March 2026 for AED 2,825,000, or AED 1,734 per sqft, in line with the AED 1,759 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 20 June 2026, is AED 165,000 a year: a gross yield of 5.8% on the 2026 price, before the service charge of about AED 35,300 a year.
Sales and rents for 703 over time
703 has sold twice; 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 703 sits
All 80 2-beds →703 last sold in March 2026 at AED 1,734 per sqft, in line with what two-beds in Mada Residences were fetching at the time (AED 1,759). 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. 703's AED 165,000 is in the lower half 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 | ||
| 12 Dec 202512 December 2025 | 1,620 sqft | 3,158,400 | 1,949 | ||
| 13 Nov 202513 November 2025 | 1,614 sqft | 3,050,000 | 1,889 |
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 7th floor
All 192 units in Mada Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 882 sqft | AED 1.39MAED 1,394,943 · Mar 2016March 2016 | 103,950 /yr | |
| 702 | 1-bed | 1,141 sqft | AED 1.05MAED 1,050,000 · Feb 2021February 2021 | 145,000 /yr | |
| 704 | 1-bed | 904 sqft | AED 1.5MAED 1,500,000 · Sep 2023September 2023 | 77,440 /yr | |
| 705 | 1-bed | 1,101 sqft | AED 1.74MAED 1,744,000 · Dec 2023December 2023 | 160,000 /yr | |
| 706 | 1-bed | 1,114 sqft | AED 1.8MAED 1,800,000 · Mar 2024March 2024 | 170,000 /yr | |
| 707 | 2-bed | 1,664 sqft | AED 2.76MAED 2,759,066 · Jun 2018June 2018 | 180,000 /yr | |
| 708 | 1-bed | 1,070 sqft | AED 1.73MAED 1,731,162 · May 2016May 2016 | 110,000 /yr | |
| 709 | 1-bed | 1,040 sqft | AED 2.15MAED 2,150,000 · Apr 2026April 2026 | 78,750 /yr |
703, Mada Residences in numbers
- Sold twice: first on 28 June 2018 for AED 2,727,956, last on 31 March 2026 for AED 2,825,000 (AED 1,734 per sqft).
- Rented since March 2019 on 6 Ejari contracts. The rent fell from AED 120,000 to AED 100,000 in 2021 and recovered to AED 165,000 by June 2026.
- At AED 165,000 a year the gross yield on the 2026 price is 5.8%, 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 20 June 2026.
Questions about 703, Mada Residences
What did unit 703 last sell for?
AED 2,825,000 on 31 March 2026: AED 1,734 per sqft for 1,628 sqft. The unit has 2 registered sales; the first was AED 2,727,956 in June 2018.
What is the rent for unit 703?
AED 165,000 a year on the contract signed on 20 June 2026. The previous contract, from November 2023, was AED 175,000; the unit has been rented since March 2019.
How big is unit 703?
1,628 sqft (151.2 sqm): a two-bedroom apartment on the 7th floor of a 36-storey tower completed in 2018.
What is unit 703 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 703, Mada Residences
Starts from the last sale price (AED 2.83M, 31 March 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 2,825,000
- Deposit, UAE resident (20%)
- AED 565,000
- Deposit, non-resident (40%)
- AED 1,130,000
- Monthly over 25 years at 3.7%
- AED 11,558
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →