2902, Mada Residences
Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2902, Mada Residences
What is 2902 worth today?
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Source: Dubai Land Department. Updated 1 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 807 sqft
- Floor
- 29th of 36
- Parking
- P3-13
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 17,500 /yr
- Last sold
- AED 2.98M · June 2016
- Building
- Mada Residences
About 2902, Mada Residences
2902 is a two-bedroom apartment of 807 sqft on the 29th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development. The developer sold it on 20 June 2016 for AED 2,976,990, or AED 1,844 per sqft, 11% above the AED 1,655 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 180,000 a year: a gross yield of 6.0% on the 2016 price, before the service charge of about AED 17,500 a year.
Sales and rents for 2902 over time
2902 has sold once; 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 2902 sits
All 79 2-beds →2902 last sold in June 2016 at AED 1,844 per sqft, 11% above what two-beds in Mada Residences were fetching at the time (AED 1,655). 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. 2902'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 29th floor
All 192 units in Mada Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | 3-bed | 2,108 sqft | AED 3.7MAED 3,700,000 · Oct 2024October 2024 | 149,500 /yr | |
| 2903 | 2-bed | 1,529 sqft | AED 1.5MAED 1,500,000 · Mar 2021March 2021 | 90,000 /yr | |
| 2904 | 2-bed | 1,504 sqft | AED 2.54MAED 2,539,546 · Jun 2016June 2016 | 146,107 /yr | |
| 2905 | 2-bed | 1,656 sqft | AED 2.5MAED 2,500,000 · Jul 2023July 2023 | 200,000 /yr | |
| 2906 | 3-bed | 2,196 sqft | AED 3.9MAED 3,900,000 · May 2025May 2025 | 170,000 /yr |
2902, Mada Residences in numbers
- Sold once: by Artar Real Estate Development on 20 June 2016 for AED 2,976,990, or AED 1,844 per sqft.
- Rented since May 2019 on 5 Ejari contracts. The rent fell from AED 120,000 to AED 90,000 in 2021 and recovered to AED 180,000 by April 2025.
- At AED 180,000 a year the gross yield on the 2016 price is 6.0%, before a service charge of about AED 17,500 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 1 April 2025.
Questions about 2902, Mada Residences
What did unit 2902 last sell for?
AED 2,976,990 on 20 June 2016, sold by the developer: AED 1,844 per sqft for 807 sqft. It is the only registered sale of the unit.
What is the rent for unit 2902?
AED 180,000 a year on the contract renewed on 1 April 2025. The previous contract, from April 2024, was AED 180,000; the unit has been rented since May 2019.
How big is unit 2902?
807 sqft (75.0 sqm): a two-bedroom apartment on the 29th floor of a 36-storey tower completed in 2018.
What is unit 2902 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 2902, Mada Residences
Starts from the last sale price (AED 2.98M, 20 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,976,990
- Deposit, UAE resident (20%)
- AED 595,398
- Deposit, non-resident (40%)
- AED 1,190,796
- Monthly over 25 years at 3.7%
- AED 12,180
Plus AED 130,044 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →