502, Mada Residences
Sold prices and rental history: sold twice, last in August 2023, 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 502, Mada Residences
What is 502 worth today?
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Source: Dubai Land Department. Updated 4 August 2023.
Key facts
- Type
- Apartment
- Size
- 7,892 sqft
- Floor
- 5th of 36
- Parking
- P1-3, P1-4
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 170,900 /yr
- Last sold
- AED 2.13M · August 2023
- Building
- Mada Residences
About 502, Mada Residences
502 is an apartment of 7,892 sqft on the 5th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development. It last sold on 4 August 2023 for AED 2,132,500, or AED 270 per sqft.
No rental contract for the unit is registered on Ejari.
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 Residences502, Mada Residences in numbers
- Sold twice: first on 21 February 2021 for AED 2,500,000, last on 4 August 2023 for AED 2,132,500 (AED 270 per sqft).
Source: Dubai Land Department. Updated 4 August 2023.
Questions about 502, Mada Residences
What did unit 502 last sell for?
AED 2,132,500 on 4 August 2023: AED 270 per sqft for 7,892 sqft. The unit has 2 registered sales; the first was AED 2,500,000 in February 2021.
How big is unit 502?
7,892 sqft (733.2 sqm): an apartment on the 5th floor of a 36-storey tower completed in 2018.
What is unit 502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 502? Put it on the OpenOffers board
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Mortgage on 502, Mada Residences
Starts from the last sale price (AED 2.13M, 4 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,132,500
- Deposit, UAE resident (20%)
- AED 426,500
- Deposit, non-resident (40%)
- AED 853,000
- Monthly over 25 years at 3.7%
- AED 8,725
Plus AED 94,575 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →