501, Mada Residences
Sold prices and rental history: sold once, by the developer in March 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Mada Residences
What is 501 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 March 2021.
Key facts
- Type
- 4-bed apartment
- Size
- 5,895 sqft
- Floor
- 5th of 36
- Parking
- P1-1, P1-2
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 127,700 /yr
- Last sold
- AED 3M · March 2021
- Building
- Mada Residences
About 501, Mada Residences
501 is a four-bedroom apartment of 5,895 sqft on the 5th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development. The developer sold it on 15 March 2021 for AED 3,000,000, or AED 508 per sqft, 16% below the AED 607 four-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 501 over time
501 has sold once; the dashed line is the four-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.
4-beds in Mada Residences, and where 501 sits
All 9 4-beds →501 last sold in March 2021 at AED 508 per sqft, 16% below what four-beds in Mada Residences were fetching at the time (AED 607).
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Dec 202430 December 2024 | 3,306 sqft | 6,100,000 | 1,845 | ||
| 11 Nov 202411 November 2024 | 3,306 sqft | 5,289,281 | 1,599 | ||
| 29 Aug 202429 August 2024 | 3,296 sqft | 5,454,586 | 1,654 | ||
| 18 Apr 202418 April 2024 | 2,888 sqft | 5,150,000 | 1,783 |
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 5th floor
All 192 units in Mada Residences501, Mada Residences in numbers
- Sold once: by Artar Real Estate Development on 15 March 2021 for AED 3,000,000, or AED 508 per sqft.
Source: Dubai Land Department. Updated 15 March 2021.
Questions about 501, Mada Residences
What did unit 501 last sell for?
AED 3,000,000 on 15 March 2021, sold by the developer: AED 508 per sqft for 5,895 sqft. It is the only registered sale of the unit.
How big is unit 501?
5,895 sqft (547.7 sqm): a four-bedroom apartment on the 5th floor of a 36-storey tower completed in 2018.
What is unit 501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 501? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 501, Mada Residences
Starts from the last sale price (AED 3M, 15 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →