2402, Mada Residences
Sold prices and rental history: sold twice, last in September 2018, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2402, Mada Residences
What is 2402 worth today?
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Source: Dubai Land Department. Updated 21 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,618 sqft
- Floor
- 24th of 36
- Parking
- P4-13
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 35,100 /yr
- Last sold
- AED 1.39M · September 2018
- Building
- Mada Residences
About 2402, Mada Residences
2402 is a two-bedroom apartment of 1,618 sqft on the 24th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development. It last sold on 10 September 2018 for AED 1,389,826, or AED 1,725 per sqft, in line with the AED 1,699 two-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 21 January 2025, is AED 180,000 a year: a gross yield of 13.0% on the 2018 price, before the service charge of about AED 35,100 a year.
Sales and rents for 2402 over time
2402 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 Mada Residences, and where 2402 sits
All 79 2-beds →2402 last sold in September 2018 at AED 1,725 per sqft, in line with what two-beds in Mada Residences were fetching at the time (AED 1,699). Over the last 12 months two-beds sold for AED 3,050,000 to 3,158,400, around AED 1,919 per sqft, and rent for AED 146,107 to 200,000 a year. 2402's AED 180,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Dec 202512 December 2025 | 1,620 sqft | 3,158,400 | 1,949 | ||
| 3 Jul 20253 July 2025 | 1,620 sqft | 2,850,000 | 1,759 | ||
| 30 May 202530 May 2025 | 1,656 sqft | 3,000,000 | 1,811 | ||
| 12 May 202512 May 2025 | 1,656 sqft | 2,603,370 | 1,571 |
Mada Residences
Building192 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%
Other units on the 24th floor
All 192 units in Mada Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 3-bed | 2,063 sqft | AED 3.25MAED 3,250,949 · Aug 2016August 2016 | 260,000 /yr | |
| 2403 | 2-bed | 1,530 sqft | AED 2.6MAED 2,600,000 · May 2025May 2025 | 146,410 /yr | |
| 2404 | 2-bed | 1,522 sqft | AED 2.69MAED 2,688,642 · May 2024May 2024 | ||
| 2405 | 2-bed | 1,656 sqft | AED 2.5MAED 2,500,000 · Mar 2023March 2023 | 110,000 /yr | |
| 2406 | 3-bed | 2,196 sqft | AED 4.05MAED 4,050,000 · Feb 2025February 2025 | 240,000 /yr |
2402, Mada Residences in numbers
- Sold twice: first on 29 March 2016 for AED 2,779,652, last on 10 September 2018 for AED 1,389,826 (AED 1,725 per sqft).
- Rented since December 2020 on 2 Ejari contracts, from AED 100,000 to AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2018 price is 13.0%, before a service charge of about AED 35,100 a year (AED 21.66 per sqft).
- Two-beds in Mada Residences sold for AED 3,050,000–3,158,400 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 21 January 2025.
Questions about 2402, Mada Residences
What did unit 2402 last sell for?
AED 1,389,826 on 10 September 2018: AED 1,725 per sqft for 1,618 sqft. The unit has 2 registered sales; the first was AED 2,779,652 in March 2016.
What is the rent for unit 2402?
AED 180,000 a year on the contract signed on 21 January 2025. The previous contract, from December 2020, was AED 100,000.
How big is unit 2402?
1,618 sqft (150.3 sqm): a two-bedroom apartment on the 24th floor of a 36-storey tower completed in 2018.
What is unit 2402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mada Residences sold for AED 3,050,000 to 3,158,400 in the last 12 months, around AED 1,919 per sqft.
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Mortgage on 2402, Mada Residences
Starts from the last sale price (AED 1.39M, 10 September 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,389,826
- Deposit, UAE resident (20%)
- AED 277,965
- Deposit, non-resident (40%)
- AED 555,930
- Monthly over 25 years at 3.7%
- AED 5,686
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →