2702, Mada Residences
Sold prices and rental history: sold twice, last in April 2021, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2702, Mada Residences
What is 2702 worth today?
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Source: Dubai Land Department. Updated 23 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,618 sqft
- Floor
- 27th of 36
- Parking
- P4-42
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 35,000 /yr
- Last sold
- AED 1.64M · April 2021
- Building
- Mada Residences
About 2702, Mada Residences
2702 is a two-bedroom apartment of 1,618 sqft on the 27th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development. It last sold on 22 April 2021 for AED 1,640,000, or AED 1,013 per sqft, 12% above the AED 902 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 23 August 2024, is AED 177,000 a year: a gross yield of 10.8% on the 2021 price, before the service charge of about AED 35,000 a year.
Sales and rents for 2702 over time
2702 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 2702 sits
All 79 2-beds →2702 last sold in April 2021 at AED 1,013 per sqft, 12% above what two-beds in Mada Residences were fetching at the time (AED 902). 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. 2702's AED 177,000 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 27th floor
All 192 units in Mada Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2701 | 3-bed | 2,106 sqft | AED 3.65MAED 3,650,000 · Jul 2024July 2024 | ||
| 2703 | 2-bed | 1,530 sqft | AED 2.22MAED 2,222,000 · Jul 2023July 2023 | 100,000 /yr | |
| 2704 | 2-bed | 1,522 sqft | AED 2.56MAED 2,557,599 · Jun 2018June 2018 | 123,200 /yr | |
| 2705 | 2-bed | 1,656 sqft | AED 2.76MAED 2,760,902 · Jun 2018June 2018 | 132,825 /yr | |
| 2706 | 3-bed | 2,196 sqft | AED 3.69MAED 3,689,561 · Jun 2018June 2018 | 182,550 /yr |
2702, Mada Residences in numbers
- Sold twice: first on 5 November 2020 for AED 1,414,875, last on 22 April 2021 for AED 1,640,000 (AED 1,013 per sqft).
- Rented since July 2020 on 4 Ejari contracts, from AED 90,000 to AED 177,000 a year.
- At AED 177,000 a year the gross yield on the 2021 price is 10.8%, before a service charge of about AED 35,000 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 23 August 2024.
Questions about 2702, Mada Residences
What did unit 2702 last sell for?
AED 1,640,000 on 22 April 2021: AED 1,013 per sqft for 1,618 sqft. The unit has 2 registered sales; the first was AED 1,414,875 in November 2020.
What is the rent for unit 2702?
AED 177,000 a year on the contract renewed on 23 August 2024. The previous contract, from August 2023, was AED 156,000; the unit has been rented since July 2020.
How big is unit 2702?
1,618 sqft (150.3 sqm): a two-bedroom apartment on the 27th floor of a 36-storey tower completed in 2018.
What is unit 2702 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 2702, Mada Residences
Starts from the last sale price (AED 1.64M, 22 April 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,640,000
- Deposit, UAE resident (20%)
- AED 328,000
- Deposit, non-resident (40%)
- AED 656,000
- Monthly over 25 years at 3.7%
- AED 6,710
Plus AED 73,890 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →