2001, Madina Tower
Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2001, Madina Tower
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Source: Dubai Land Department. Updated 14 January 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,015 sqft
- Floor
- 20th of 28
- Parking
- DMCC-2072
- Developer
- Reef Real Estate Investment Co
- Completed
- 2007
- Service charge
- AED 15,600 /yr
- Last sold
- AED 965K · January 2023
- Building
- Madina Tower
About 2001, Madina Tower
2001 is a one-bedroom apartment of 1,015 sqft on the 20th floor of Madina Tower, a 28-storey tower in Jumeirah Lake Towers (JLT) completed in 2007 by Reef Real Estate Investment Co. It last sold on 5 January 2023 for AED 965,000, or AED 950 per sqft, 11% above the AED 854 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 14 January 2023, is AED 85,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 15,600 a year.
Sales and rents for 2001 over time
2001 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Madina Tower, and where 2001 sits
All 80 1-beds →2001 last sold in January 2023 at AED 950 per sqft, 11% above what one-beds in Madina Tower were fetching at the time (AED 854). Over the last 12 months one-beds sold for AED 1,055,300 to 1,400,000, around AED 1,356 per sqft, and rent for AED 75,000 to 130,000 a year. 2001's AED 85,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20263 September 2026 | 1,015 sqft | 1,355,000 | 1,334 | ||
| 25 Aug 202625 August 2026 | 1,012 sqft | 1,055,300 | 1,042 | ||
| 20 Apr 202620 April 2026 | 1,015 sqft | 1,375,000 | 1,354 | ||
| 21 Jan 202621 January 2026 | 1,015 sqft | 1,400,000 | 1,379 |
Madina Tower
Building200 apartments, 1-bed to 3-bed over 28 floors in Jumeirah Lake Towers (JLT), completed in 2007 by Reef Real Estate Investment Co. 8 sold in the last 12 months.
- Typical price per sqft
- AED 1,356
- Typical sale
- AED 1.39M
- Typical rent
- AED 110K /yr
- Typical yield
- 6.5%
Other units on the 20th floor
All 200 units in Madina Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2002 | 2-bed | 2,031 sqft | AED 2.6MAED 2,600,000 · Aug 2026August 2026 | 180,000 /yr | |
| 2003 | 2-bed | 2,031 sqft | AED 2.8MAED 2,800,000 · May 2025May 2025 | 150,000 /yr | |
| 2004 | 1-bed | 1,015 sqft | AED 850KAED 850,000 · Apr 2022April 2022 | 90,000 /yr | |
| 2005 | 1-bed | 1,015 sqft | AED 798KAED 797,871 · Jan 2009January 2009 | 69,000 /yr | |
| 2006 | 2-bed | 2,031 sqft | AED 1.95MAED 1,950,000 · Sep 2023September 2023 | 170,000 /yr | |
| 2007 | 2-bed | 2,031 sqft | AED 2.08MAED 2,075,000 · Oct 2023October 2023 | 95,000 /yr | |
| 2008 | 1-bed | 1,015 sqft | AED 1.38MAED 1,380,000 · Apr 2025April 2025 | 90,000 /yr |
2001, Madina Tower in numbers
- Sold twice: first on 6 January 2009 for AED 704,475, last on 5 January 2023 for AED 965,000 (AED 950 per sqft).
- Rented since December 2015 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 54,000 in 2020 and recovered to AED 85,000 by January 2023.
- At AED 85,000 a year the gross yield on the 2023 price is 8.8%, before a service charge of about AED 15,600 a year (AED 15.38 per sqft).
- One-beds in Madina Tower sold for AED 1,055,300–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,356 per sqft.
Source: Dubai Land Department. Updated 14 January 2023.
Questions about 2001, Madina Tower
What did unit 2001 last sell for?
AED 965,000 on 5 January 2023: AED 950 per sqft for 1,015 sqft. The unit has 2 registered sales; the first was AED 704,475 in January 2009.
What is the rent for unit 2001?
AED 85,000 a year on the contract signed on 14 January 2023. The previous contract, from December 2021, was AED 57,500; the unit has been rented since December 2015.
How big is unit 2001?
1,015 sqft (94.3 sqm): a one-bedroom apartment on the 20th floor of a 28-storey tower completed in 2007.
What is unit 2001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Madina Tower sold for AED 1,055,300 to 1,400,000 in the last 12 months, around AED 1,356 per sqft.
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Mortgage on 2001, Madina Tower
Starts from the last sale price (AED 965K, 5 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 965,000
- Deposit, UAE resident (20%)
- AED 193,000
- Deposit, non-resident (40%)
- AED 386,000
- Monthly over 25 years at 3.7%
- AED 3,948
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →