3-bed · 2,196 sqftMada Residences, Downtown Dubai · 18th floor · completed 2018

1806, Mada Residences

Sold prices and rental history: sold twice, last in December 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1806 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 2.78M29 December 2021
Current rentAED 235K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1806, Mada Residences

What is 1806 worth today?

Last sold for AED 2,775,000 in 2021

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15 Jul 2024RentedNew contract
AED 235,000/yr12 months · AED 107 per sqft
1 Apr 2023RentedNew contract
AED 230,000/yr12 months · AED 105 per sqft
6 Jan 2022RentedNew contract
AED 210,000/yr12 months · AED 96 per sqft
29 Dec 2021SoldReady
AED 2,775,000AED 1,263 per sqft
24 Jul 2016Sold by developerOff-plan
AED 3,500,742AED 1,612 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
3-bed apartment
Size
2,196 sqft
Floor
18th of 36
Parking
P2-21, P2-22
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 47,600 /yr
Last sold
AED 2.78M · December 2021

About 1806, Mada Residences

1806 is a three-bedroom apartment of 2,196 sqft on the 18th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development. It last sold on 29 December 2021 for AED 2,775,000, or AED 1,263 per sqft, 21% above the AED 1,048 three-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 15 July 2024, is AED 235,000 a year: a gross yield of 8.5% on the 2021 price, before the service charge of about AED 47,600 a year.

Sales and rents for 1806 over time

Sales
Unit 1806, each saleTypical three-bed in Mada Residences
3M4M2016201920222025Typical sale price by year: 2016 AED 3,466,579; 2018 AED 3,689,561; 2021 AED 2,500,000; 2023 AED 3,450,000; 2024 AED 3,675,000; 2025 AED 3,950,000; 2026 AED 4,050,000Sold by developer, July 2016: AED 3,500,742 (AED 1,612 per sqft)Sold, December 2021: AED 2,775,000 (AED 1,263 per sqft)

1806 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1806, each contractTypical three-bed in Mada Residences
100K200K20182020202220242026Typical rent by year: 2018 AED 157,500; 2019 AED 150,000; 2020 AED 120,000; 2021 AED 130,000; 2022 AED 148,500; 2023 AED 171,000; 2024 AED 207,000; 2025 AED 221,953New contract, January 2022: AED 210,000 a yearNew contract, April 2023: AED 230,000 a yearNew contract, July 2024: AED 235,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Mada Residences, and where 1806 sits

All 43 3-beds →

1806 last sold in December 2021 at AED 1,263 per sqft, 21% above what three-beds in Mada Residences were fetching at the time (AED 1,048). Over the last 12 months three-beds sold for AED 3,830,400 to 4,450,000, around AED 1,834 per sqft, and rent for AED 194,528 to 300,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Feb 20264,050,000
12 Jan 20264,000,000
8 Jan 20264,450,000
30 Dec 20254,000,000
6 3-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. 9 sold in the last 12 months.

Typical price per sqft
AED 1,844
Typical sale
AED 4M
Typical rent
AED 150K /yr
Typical yield
6.4%
Mada Residences, Downtown Dubai: prices, sales and rents →

Other units on the 18th floor

All 192 units in Mada Residences
Value
18013-bedAED 3.55M · Apr 2024
18022-bedAED 2.9M · Nov 2023
18032-bedAED 2.3M · Nov 2023
18042-bedAED 1.9M · Oct 2021
18052-bedAED 2.08M · Oct 2021

1806, Mada Residences in numbers

  • Sold twice: first on 24 July 2016 for AED 3,500,742, last on 29 December 2021 for AED 2,775,000 (AED 1,263 per sqft).
  • Rented since January 2022 on 3 Ejari contracts, from AED 210,000 to AED 235,000 a year.
  • At AED 235,000 a year the gross yield on the 2021 price is 8.5%, before a service charge of about AED 47,600 a year (AED 21.66 per sqft).
  • Three-beds in Mada Residences sold for AED 3,830,400–4,450,000 in the 12 months to November 2026; the building's median across all types is AED 1,844 per sqft.

Source: Dubai Land Department. Updated 15 July 2024.

Questions about 1806, Mada Residences

What did unit 1806 last sell for?

AED 2,775,000 on 29 December 2021: AED 1,263 per sqft for 2,196 sqft. The unit has 2 registered sales; the first was AED 3,500,742 in July 2016.

What is the rent for unit 1806?

AED 235,000 a year on the contract signed on 15 July 2024. The previous contract, from April 2023, was AED 230,000; the unit has been rented since January 2022.

How big is unit 1806?

2,196 sqft (204.0 sqm): a three-bedroom apartment on the 18th floor of a 36-storey tower completed in 2018.

What is unit 1806 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mada Residences sold for AED 3,830,400 to 4,450,000 in the last 12 months, around AED 1,834 per sqft.

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Mortgage on 1806, Mada Residences

Starts from the last sale price (AED 2.78M, 29 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,775,000
Deposit, UAE resident (20%)
AED 555,000
Deposit, non-resident (40%)
AED 1,110,000
Monthly over 25 years at 3.7%
AED 11,353

Plus AED 121,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →