206, Madina Tower
Sold prices and rental history: sold once, by the developer in January 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 206, Madina Tower
What is 206 worth today?
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Source: Dubai Land Department. Updated 1 April 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 2,031 sqft
- Floor
- 2nd of 28
- Parking
- DMCC-3287
- Developer
- Reef Real Estate Investment Co
- Completed
- 2007
- Service charge
- AED 31,200 /yr
- Last sold
- AED 1.7M · January 2009
- Building
- Madina Tower
About 206, Madina Tower
206 is a two-bedroom apartment of 2,031 sqft on the 2nd floor of Madina Tower, a 28-storey tower in Jumeirah Lake Towers (JLT) completed in 2007 by Reef Real Estate Investment Co. The developer sold it on 11 January 2009 for AED 1,700,000, or AED 836 per sqft, 22% above the AED 685 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 1 April 2026, is AED 161,000 a year: a gross yield of 9.5% on the 2009 price, before the service charge of about AED 31,200 a year.
Sales and rents for 206 over time
206 has sold once; 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 206 sits
All 104 2-beds →206 last sold in January 2009 at AED 836 per sqft, 22% above what two-beds in Madina Tower were fetching at the time (AED 685). 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. 206's AED 161,000 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 2nd floor
All 200 units in Madina Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 1,012 sqft | AED 1.3MAED 1,300,000 · May 2025May 2025 | 105,000 /yr | |
| 202 | 2-bed | 2,031 sqft | AED 1.68MAED 1,675,000 · Nov 2021November 2021 | 80,000 /yr | |
| 203 | 2-bed | 2,031 sqft | AED 1.51MAED 1,508,435 · Jan 2009January 2009 | 160,000 /yr | |
| 204 | 1-bed | 1,012 sqft | AED 1.22MAED 1,220,000 · Dec 2024December 2024 | 68,000 /yr | |
| 205 | 1-bed | 1,012 sqft | AED 1.33MAED 1,330,000 · May 2025May 2025 | 57,750 /yr | |
| 207 | 2-bed | 2,031 sqft | AED 2.08MAED 2,075,000 · Aug 2024August 2024 | 131,100 /yr | |
| 208 | 1-bed | 1,012 sqft | AED 1.18MAED 1,175,000 · Apr 2025April 2025 | 125,000 /yr |
206, Madina Tower in numbers
- Sold once: by Reef Real Estate Investment Co on 11 January 2009 for AED 1,700,000, or AED 836 per sqft.
- Rented since August 2016 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 90,000 in 2022 and recovered to AED 161,000 by April 2026.
- At AED 161,000 a year the gross yield on the 2009 price is 9.5%, 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 1 April 2026.
Questions about 206, Madina Tower
What did unit 206 last sell for?
AED 1,700,000 on 11 January 2009, sold by the developer: AED 836 per sqft for 2,031 sqft. It is the only registered sale of the unit.
What is the rent for unit 206?
AED 161,000 a year on the contract signed on 1 April 2026. The previous contract, from September 2022, was AED 90,000; the unit has been rented since August 2016.
How big is unit 206?
2,031 sqft (188.7 sqm): a two-bedroom apartment on the 2nd floor of a 28-storey tower completed in 2007.
What is unit 206 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 206, Madina Tower
Starts from the last sale price (AED 1.7M, 11 January 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →