603, Madina Tower
Sold prices and rental history: sold twice, last in August 2012, 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 603, Madina Tower
What is 603 worth today?
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Source: Dubai Land Department. Updated 4 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 2,031 sqft
- Floor
- 6th of 28
- Parking
- DMCC-3039
- Developer
- Reef Real Estate Investment Co
- Completed
- 2007
- Service charge
- AED 31,200 /yr
- Last sold
- AED 1.25M · August 2012
- Building
- Madina Tower
About 603, Madina Tower
603 is a two-bedroom apartment of 2,031 sqft on the 6th 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 7 August 2012 for AED 1,250,000, or AED 615 per sqft, 3% below the AED 635 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 4 January 2026, is AED 157,300 a year: a gross yield of 12.6% on the 2012 price, before the service charge of about AED 31,200 a year.
Sales and rents for 603 over time
603 has sold twice; 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 603 sits
All 104 2-beds →603 last sold in August 2012 at AED 615 per sqft, 3% below what two-beds in Madina Tower were fetching at the time (AED 635). 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. 603's AED 157,300 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 6th floor
All 200 units in Madina Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 1,012 sqft | AED 1.25MAED 1,250,000 · Feb 2024February 2024 | 90,000 /yr | |
| 602 | 2-bed | 2,031 sqft | AED 1.93MAED 1,925,000 · May 2023May 2023 | 150,000 /yr | |
| 604 | 1-bed | 1,012 sqft | AED 825KAED 825,000 · Sep 2012September 2012 | 82,000 /yr | |
| 605 | 1-bed | 1,012 sqft | AED 1.38MAED 1,375,000 · Dec 2014December 2014 | 90,000 /yr | |
| 606 | 2-bed | 2,031 sqft | AED 1.65MAED 1,650,000 · Jan 2009January 2009 | 175,000 /yr | |
| 607 | 2-bed | 2,031 sqft | AED 1.33MAED 1,330,000 · Aug 2011August 2011 | 200,000 /yr | |
| 608 | 1-bed | 1,012 sqft | AED 1.13MAED 1,125,000 · Sep 2023September 2023 | 82,000 /yr |
603, Madina Tower in numbers
- Sold twice: first on 7 January 2009 for AED 1,539,274, last on 7 August 2012 for AED 1,250,000 (AED 615 per sqft).
- Rented since July 2012 on 12 Ejari contracts. The rent fell from AED 100,000 to AED 69,812 in 2021 and recovered to AED 157,300 by January 2026.
- At AED 157,300 a year the gross yield on the 2012 price is 12.6%, 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 4 January 2026.
Questions about 603, Madina Tower
What did unit 603 last sell for?
AED 1,250,000 on 7 August 2012: AED 615 per sqft for 2,031 sqft. The unit has 2 registered sales; the first was AED 1,539,274 in January 2009.
What is the rent for unit 603?
AED 157,300 a year on the contract renewed on 4 January 2026. The previous contract, from January 2025, was AED 143,000; the unit has been rented since July 2012.
How big is unit 603?
2,031 sqft (188.7 sqm): a two-bedroom apartment on the 6th floor of a 28-storey tower completed in 2007.
What is unit 603 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 603, Madina Tower
Starts from the last sale price (AED 1.25M, 7 August 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →