1-bed · 1,070 sqftMada Residences, Downtown Dubai · 9th floor · completed 2018

908, Mada Residences

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

Unit 908 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 1.74M24 May 2016
Current rentAED 110K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 908, Mada Residences

What is 908 worth today?

Last sold for AED 1,735,440 in 2016

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1 Feb 2025RentedRenewal
AED 110,000/yr12 months · AED 101 per sqft
1 Feb 2025RentedRenewal
AED 110,000/yr12 months · AED 101 per sqft
1 Feb 2024RentedRenewal
AED 110,000/yr12 months · AED 101 per sqft
1 Feb 2023RentedNew contract
AED 110,000/yr12 months · AED 101 per sqft
15 Jan 2022RentedNew contract
AED 88,000/yr12 months · AED 81 per sqft
29 Dec 2019RentedRenewal
AED 80,000/yr12 months · AED 74 per sqft
29 Dec 2018RentedNew contract
AED 86,000/yr12 months · AED 79 per sqft
24 May 2016Sold by developerOff-plan
AED 1,735,440AED 1,622 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
1-bed apartment
Size
1,070 sqft
Floor
9th of 36
Parking
P1-35
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 23,200 /yr
Last sold
AED 1.74M · May 2016

About 908, Mada Residences

908 is a one-bedroom apartment of 1,070 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 24 May 2016 for AED 1,735,440, or AED 1,622 per sqft, in line with the AED 1,584 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 1 February 2025, is AED 110,000 a year: a gross yield of 6.3% on the 2016 price, before the service charge of about AED 23,200 a year.

Sales and rents for 908 over time

Sales
Unit 908, 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, May 2016: AED 1,735,440 (AED 1,622 per sqft)

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

Rents
Unit 908, each contractTypical one-bed in Mada Residences
80K100K2018202120242027Typical 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 86,000 a yearRenewal, December 2019: AED 80,000 a yearNew contract, January 2022: AED 88,000 a yearNew contract, February 2023: AED 110,000 a yearRenewal, February 2024: AED 110,000 a yearRenewal, February 2025: AED 110,000 a yearRenewal, February 2025: AED 110,000 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 908 sits

All 55 1-beds →

908 last sold in May 2016 at AED 1,622 per sqft, in line with what one-beds in Mada Residences were fetching at the time (AED 1,584). 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. 908's AED 110,000 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
9011-bedAED 1.4M · Mar 2016
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
1–7 of 8

908, Mada Residences in numbers

  • Sold once: by Artar Real Estate Development on 24 May 2016 for AED 1,735,440, or AED 1,622 per sqft.
  • Rented since December 2018 on 7 Ejari contracts, from AED 86,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2016 price is 6.3%, 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 1 February 2025.

Questions about 908, Mada Residences

What did unit 908 last sell for?

AED 1,735,440 on 24 May 2016, sold by the developer: AED 1,622 per sqft for 1,070 sqft. It is the only registered sale of the unit.

What is the rent for unit 908?

AED 110,000 a year on the contract renewed on 1 February 2025. The previous contract, from February 2025, was AED 110,000; the unit has been rented since December 2018.

How big is unit 908?

1,070 sqft (99.4 sqm): a one-bedroom apartment on the 9th floor of a 36-storey tower completed in 2018.

What is unit 908 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 908, Mada Residences

Starts from the last sale price (AED 1.74M, 24 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,735,440
Deposit, UAE resident (20%)
AED 347,088
Deposit, non-resident (40%)
AED 694,176
Monthly over 25 years at 3.7%
AED 7,100

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