2406, Mada Residences
Sold prices and rental history: sold 3 times, last in February 2025, and rented once, from May 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2406, Mada Residences
What is 2406 worth today?
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Source: Dubai Land Department. Updated 20 May 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,196 sqft
- Floor
- 24th of 36
- Parking
- P2-10, P2-11
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 47,600 /yr
- Last sold
- AED 4.05M · February 2025
- Building
- Mada Residences
About 2406, Mada Residences
2406 is a three-bedroom apartment of 2,196 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 25 February 2025 for AED 4,050,000, or AED 1,844 per sqft, 6% above the AED 1,744 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 May 2025. The current contract, signed on 20 May 2025, is AED 240,000 a year: a gross yield of 5.9% on the 2025 price, before the service charge of about AED 47,600 a year.
Sales and rents for 2406 over time
2406 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 2406 sits
All 43 3-beds →2406 last sold in February 2025 at AED 1,844 per sqft, 6% above what three-beds in Mada Residences were fetching at the time (AED 1,744). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 2,196 sqft | 4,050,000 | 1,844 | ||
| 12 Jan 202612 January 2026 | 2,107 sqft | 4,000,000 | 1,898 | ||
| 8 Jan 20268 January 2026 | 2,396 sqft | 4,450,000 | 1,857 | ||
| 30 Dec 202530 December 2025 | 2,196 sqft | 4,000,000 | 1,821 |
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 | |
| 2402 | 2-bed | 1,618 sqft | AED 1.39MAED 1,389,826 · Sep 2018September 2018 | 180,000 /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, Mada Residences in numbers
- Sold 3 times: first on 15 March 2016 for AED 3,419,347, last on 25 February 2025 for AED 4,050,000 (AED 1,844 per sqft).
- Rented since May 2025 on one Ejari contract, at AED 240,000 a year.
- At AED 240,000 a year the gross yield on the 2025 price is 5.9%, 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 20 May 2025.
Questions about 2406, Mada Residences
What did unit 2406 last sell for?
AED 4,050,000 on 25 February 2025: AED 1,844 per sqft for 2,196 sqft. The unit has 3 registered sales; the first was AED 3,419,347 in March 2016.
What is the rent for unit 2406?
AED 240,000 a year on the contract signed on 20 May 2025.
How big is unit 2406?
2,196 sqft (204.0 sqm): a three-bedroom apartment on the 24th floor of a 36-storey tower completed in 2018.
What is unit 2406 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 2406, Mada Residences
Starts from the last sale price (AED 4.05M, 25 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 4,050,000
- Deposit, UAE resident (20%)
- AED 810,000
- Deposit, non-resident (40%)
- AED 1,620,000
- Monthly over 25 years at 3.7%
- AED 16,570
Plus AED 175,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →