1-bed · 882 sqftMada Residences, Downtown Dubai · 9th floor · completed 2018

901, Mada Residences

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

Unit 901 · DLD and Ejari recordsUpdated 25 March 2023
Last soldAED 1.4M27 March 2016
Current rentAED 79K /yr25 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 901, Mada Residences

What is 901 worth today?

Last sold for AED 1,398,472 in 2016

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25 Mar 2023RentedNew contract
AED 78,650/yr12 months · AED 87 per sqft
25 Mar 2022RentedRenewal
AED 71,500/yr12 months · AED 79 per sqft
25 Mar 2021RentedNew contract
AED 65,000/yr12 months · AED 72 per sqft
23 Jan 2020RentedRenewal
AED 38,500/yr24 months · AED 43 per sqft
23 Dec 2018RentedNew contract
AED 77,000/yr13 months · AED 85 per sqft
27 Mar 2016Sold by developerOff-plan
AED 1,398,472AED 1,584 per sqft

Source: Dubai Land Department. Updated 25 March 2023.

Key facts

Type
1-bed apartment
Size
882 sqft
Floor
9th of 36
Parking
P3-55
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 19,100 /yr
Last sold
AED 1.4M · March 2016

About 901, Mada Residences

901 is a one-bedroom apartment of 882 sqft on the 9th 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 March 2016 for AED 1,398,472, or AED 1,584 per sqft, in line with the AED 1,583 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 25 March 2023, is AED 78,650 a year: a gross yield of 5.6% on the 2016 price, before the service charge of about AED 19,100 a year.

Sales and rents for 901 over time

Sales
Unit 901, 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, March 2016: AED 1,398,472 (AED 1,584 per sqft)

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

Rents
Unit 901, each contractTypical one-bed in Mada Residences
50K100K2018202120242027Typical 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, December 2018: AED 77,000 a yearRenewal, January 2020: AED 38,500 a yearNew contract, March 2021: AED 65,000 a yearRenewal, March 2022: AED 71,500 a yearNew contract, March 2023: AED 78,650 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 901 sits

All 55 1-beds →

901 last sold in March 2016 at AED 1,584 per sqft, in line with what one-beds in Mada Residences were fetching at the time (AED 1,583). 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. 901's AED 78,650 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 9th floor

All 192 units in Mada Residences
Value
9021-bedAED 1.92M · Jun 2018
9032-bedAED 2.73M · Jun 2018
9041-bedAED 2M · May 2024
9051-bedAED 1.75M · Nov 2022
9061-bedAED 1.43M · Jun 2019
9072-bedAED 2.76M · Jun 2018
9081-bedAED 1.74M · May 2016
1–7 of 8

901, Mada Residences in numbers

  • Sold once: by Artar Real Estate Development on 27 March 2016 for AED 1,398,472, or AED 1,584 per sqft.
  • Rented since December 2018 on 5 Ejari contracts. The rent fell from AED 77,000 to AED 38,500 in 2020 and recovered to AED 78,650 by March 2023.
  • At AED 78,650 a year the gross yield on the 2016 price is 5.6%, before a service charge of about AED 19,100 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 March 2023.

Questions about 901, Mada Residences

What did unit 901 last sell for?

AED 1,398,472 on 27 March 2016, sold by the developer: AED 1,584 per sqft for 882 sqft. It is the only registered sale of the unit.

What is the rent for unit 901?

AED 78,650 a year on the contract signed on 25 March 2023. The previous contract, from March 2022, was AED 71,500; the unit has been rented since December 2018.

How big is unit 901?

882 sqft (81.9 sqm): a one-bedroom apartment on the 9th floor of a 36-storey tower completed in 2018.

What is unit 901 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 901, Mada Residences

Starts from the last sale price (AED 1.4M, 27 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,398,472
Deposit, UAE resident (20%)
AED 279,694
Deposit, non-resident (40%)
AED 559,389
Monthly over 25 years at 3.7%
AED 5,722

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