2-bed · 1,664 sqftMada Residences, Downtown Dubai · 8th floor · completed 2018

807, Mada Residences

Sold prices and rental history: sold once, by the developer in June 2018, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 807 · DLD and Ejari recordsUpdated 22 September 2021
Last soldAED 2.76M28 June 2018
Current rentAED 85K /yr22 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 807, Mada Residences

What is 807 worth today?

Last sold for AED 2,759,066 in 2018

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22 Sep 2021RentedNew contract
AED 85,000/yr12 months · AED 51 per sqft
22 Feb 2019RentedNew contract
AED 120,000/yr13 months · AED 72 per sqft
28 Jun 2018Sold by developerOff-plan
AED 2,759,066AED 1,699 per sqft

Source: Dubai Land Department. Updated 22 September 2021.

Key facts

Type
2-bed apartment
Size
1,664 sqft
Floor
8th of 36
Parking
P2-34
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 36,000 /yr
Last sold
AED 2.76M · June 2018

About 807, Mada Residences

807 is a two-bedroom apartment of 1,664 sqft on the 8th 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 2,759,066, 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 since 2019 on 2 Ejari contracts. The current contract, signed on 22 September 2021, is AED 85,000 a year: a gross yield of 3.1% on the 2018 price, before the service charge of about AED 36,000 a year.

Sales and rents for 807 over time

Sales
Unit 807, each saleTypical two-bed in Mada Residences
2M3M2016201920222025Typical sale price by year: 2016 AED 2,609,020; 2017 AED 2,842,446; 2018 AED 2,727,956; 2021 AED 1,640,000; 2022 AED 2,112,500; 2023 AED 2,300,000; 2024 AED 2,666,126; 2025 AED 2,925,000; 2026 AED 2,825,000Sold by developer, June 2018: AED 2,759,066 (AED 1,699 per sqft)

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

Rents
Unit 807, each contractTypical two-bed in Mada Residences
100K150K2018202120242027Typical rent by year: 2018 AED 120,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 100,000; 2022 AED 115,500; 2023 AED 140,000; 2024 AED 175,000; 2025 AED 169,400; 2026 AED 166,500New contract, February 2019: AED 120,000 a yearNew contract, September 2021: AED 85,000 a year

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 807 sits

All 80 2-beds →

807 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. 807's AED 85,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 20262,966,700
19 May 20262,550,000
31 Mar 20262,825,000
12 Dec 20253,158,400
5 2-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 8th floor

All 192 units in Mada Residences
Value
8011-bedAED 1.4M · Mar 2016
8021-bedAED 1.87M · May 2016
8032-bedAED 2.73M · Jun 2018
8041-bedAED 1.63M · Mar 2025
8051-bedAED 2M · Jul 2025
8061-bedAED 1.7M · Nov 2023
8081-bedAED 1.73M · May 2016
1–7 of 8

807, Mada Residences in numbers

  • Sold once: by Artar Real Estate Development on 28 June 2018 for AED 2,759,066, or AED 1,699 per sqft.
  • Rented since February 2019 on 2 Ejari contracts, from AED 120,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2018 price is 3.1%, before a service charge of about AED 36,000 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 September 2021.

Questions about 807, Mada Residences

What did unit 807 last sell for?

AED 2,759,066 on 28 June 2018, sold by the developer: AED 1,699 per sqft for 1,664 sqft. It is the only registered sale of the unit.

What is the rent for unit 807?

AED 85,000 a year on the contract signed on 22 September 2021. The previous contract, from February 2019, was AED 120,000.

How big is unit 807?

1,664 sqft (154.6 sqm): a two-bedroom apartment on the 8th floor of a 36-storey tower completed in 2018.

What is unit 807 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 807, Mada Residences

Starts from the last sale price (AED 2.76M, 28 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,759,066
Deposit, UAE resident (20%)
AED 551,813
Deposit, non-resident (40%)
AED 1,103,626
Monthly over 25 years at 3.7%
AED 11,288

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