2003, Madina Tower
Sold prices and rental history: sold 3 times, last in May 2025, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2003, Madina Tower
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Source: Dubai Land Department. Updated 26 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 2,031 sqft
- Floor
- 20th of 28
- Parking
- DMCC-2074
- Developer
- Reef Real Estate Investment Co
- Completed
- 2007
- Service charge
- AED 31,200 /yr
- Last sold
- AED 2.8M · May 2025
- Building
- Madina Tower
About 2003, Madina Tower
2003 is a two-bedroom apartment of 2,031 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 26 May 2025 for AED 2,800,000, or AED 1,378 per sqft, 14% above the AED 1,206 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 20 July 2024, is AED 150,000 a year: a gross yield of 5.4% on the 2025 price, before the service charge of about AED 31,200 a year.
Sales and rents for 2003 over time
2003 has sold 3 times; 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 Madina Tower, and where 2003 sits
All 104 2-beds →2003 last sold in May 2025 at AED 1,378 per sqft, 14% above what two-beds in Madina Tower were fetching at the time (AED 1,206). Over the last 12 months two-beds sold for AED 2,600,000 to 3,100,000, around AED 1,405 per sqft, and rent for AED 120,000 to 215,000 a year. 2003's AED 150,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Sep 202616 September 2026 | 2,027 sqft | 3,100,000 | 1,529 | ||
| 22 Aug 202622 August 2026 | 2,031 sqft | 2,600,000 | 1,280 | ||
| 7 Nov 20257 November 2025 | 2,027 sqft | 2,800,000 | 1,381 | ||
| 14 Aug 202514 August 2025 | 2,031 sqft | 3,000,000 | 1,477 |
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 | |||||
|---|---|---|---|---|---|
| 2001 | 1-bed | 1,015 sqft | AED 965KAED 965,000 · Jan 2023January 2023 | 85,000 /yr | |
| 2002 | 2-bed | 2,031 sqft | AED 2.6MAED 2,600,000 · Aug 2026August 2026 | 180,000 /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 |
2003, Madina Tower in numbers
- Sold 3 times: first on 6 January 2009 for AED 1,214,825, last on 26 May 2025 for AED 2,800,000 (AED 1,378 per sqft).
- Rented since December 2012 on 4 Ejari contracts, from AED 110,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2025 price is 5.4%, before a service charge of about AED 31,200 a year (AED 15.38 per sqft).
- Two-beds in Madina Tower sold for AED 2,600,000–3,100,000 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 26 May 2025.
Questions about 2003, Madina Tower
What did unit 2003 last sell for?
AED 2,800,000 on 26 May 2025: AED 1,378 per sqft for 2,031 sqft. The unit has 3 registered sales; the first was AED 1,214,825 in January 2009.
What is the rent for unit 2003?
AED 150,000 a year on the contract renewed on 20 July 2024. The previous contract, from October 2023, was AED 150,000; the unit has been rented since December 2012.
How big is unit 2003?
2,031 sqft (188.7 sqm): a two-bedroom apartment on the 20th floor of a 28-storey tower completed in 2007.
What is unit 2003 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Madina Tower sold for AED 2,600,000 to 3,100,000 in the last 12 months, around AED 1,405 per sqft.
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Mortgage on 2003, Madina Tower
Starts from the last sale price (AED 2.8M, 26 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →