2-bed · 1,529 sqftMada Residences, Downtown Dubai · 28th floor · completed 2018

2803, Mada Residences

Sold prices and rental history: sold twice, last in August 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2803 · DLD and Ejari recordsUpdated 12 January 2026
Last soldAED 2.2M7 August 2023
Current rentAED 180K /yr12 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2803, Mada Residences

What is 2803 worth today?

Last sold for AED 2,200,000 in 2023

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12 Jan 2026RentedRenewal
AED 180,000/yr12 months · AED 118 per sqft
7 Aug 2023SoldReady
AED 2,200,000AED 1,438 per sqft
29 Sep 2022RentedNew contract
AED 155,000/yr12 months · AED 101 per sqft
12 May 2019RentedNew contract
AED 145,000/yr12 months · AED 95 per sqft
27 Jun 2018Sold by developerOff-plan
AED 2,275,000AED 1,487 per sqft

Source: Dubai Land Department. Updated 12 January 2026.

Key facts

Type
2-bed apartment
Size
1,529 sqft
Floor
28th of 36
Parking
P4-11
Developer
Artar Real Estate Development
Completed
2018
Service charge
AED 33,100 /yr
Last sold
AED 2.2M · August 2023

About 2803, Mada Residences

2803 is a two-bedroom apartment of 1,529 sqft on the 28th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development. It last sold on 7 August 2023 for AED 2,200,000, or AED 1,438 per sqft, in line with the AED 1,411 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 12 January 2026, is AED 180,000 a year: a gross yield of 8.2% on the 2023 price, before the service charge of about AED 33,100 a year.

Sales and rents for 2803 over time

Sales
Unit 2803, each saleTypical two-bed in Mada Residences
2M3M2016201920222025Typical sale price by year: 2016 AED 2,609,020; 2017 AED 2,830,074; 2018 AED 2,727,956; 2021 AED 1,640,000; 2022 AED 2,100,000; 2023 AED 2,300,000; 2024 AED 2,666,126; 2025 AED 2,850,000Sold by developer, June 2018: AED 2,275,000 (AED 1,487 per sqft)Sold, August 2023: AED 2,200,000 (AED 1,438 per sqft)

2803 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2803, each contractTypical two-bed in Mada Residences
100K150K2018202120242027Typical rent by year: 2018 AED 120,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 100,000; 2022 AED 115,500; 2023 AED 141,176; 2024 AED 175,000; 2025 AED 170,000; 2026 AED 180,000New contract, May 2019: AED 145,000 a yearNew contract, September 2022: AED 155,000 a yearRenewal, January 2026: AED 180,000 a year

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 2803 sits

All 79 2-beds →

2803 last sold in August 2023 at AED 1,438 per sqft, in line with what two-beds in Mada Residences were fetching at the time (AED 1,411). 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. 2803's AED 180,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Dec 20253,158,400
3 Jul 20252,850,000
30 May 20253,000,000
12 May 20252,603,370
2 2-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 28th floor

All 192 units in Mada Residences
Value
28013-bedAED 3.48M · Oct 2016
28022-bedAED 2.64M · Jul 2024
28042-bedAED 2.54M · Sep 2017
28052-bedAED 2.6M · May 2025
28063-bedAED 4M · Dec 2025

2803, Mada Residences in numbers

  • Sold twice: first on 27 June 2018 for AED 2,275,000, last on 7 August 2023 for AED 2,200,000 (AED 1,438 per sqft).
  • Rented since May 2019 on 3 Ejari contracts, from AED 145,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2023 price is 8.2%, before a service charge of about AED 33,100 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 12 January 2026.

Questions about 2803, Mada Residences

What did unit 2803 last sell for?

AED 2,200,000 on 7 August 2023: AED 1,438 per sqft for 1,529 sqft. The unit has 2 registered sales; the first was AED 2,275,000 in June 2018.

What is the rent for unit 2803?

AED 180,000 a year on the contract renewed on 12 January 2026. The previous contract, from September 2022, was AED 155,000; the unit has been rented since May 2019.

How big is unit 2803?

1,529 sqft (142.0 sqm): a two-bedroom apartment on the 28th floor of a 36-storey tower completed in 2018.

What is unit 2803 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 2803, Mada Residences

Starts from the last sale price (AED 2.2M, 7 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →