701, Mada Residences
Sold prices and rental history: sold once, by the developer in March 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 701, Mada Residences
What is 701 worth today?
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Source: Dubai Land Department. Updated 2 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 882 sqft
- Floor
- 7th of 36
- Parking
- P3-53
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 19,100 /yr
- Last sold
- AED 1.39M · March 2016
- Building
- Mada Residences
About 701, Mada Residences
701 is a one-bedroom apartment of 882 sqft on the 7th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development. The developer sold it on 27 March 2016 for AED 1,394,943, or AED 1,580 per sqft, in line with the AED 1,583 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 2 April 2025, is AED 99,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 19,100 a year.
Sales and rents for 701 over time
701 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mada Residences, and where 701 sits
All 55 1-beds →701 last sold in March 2016 at AED 1,580 per sqft, in line with what one-beds in Mada Residences were fetching at the time (AED 1,583). Over the last 12 months one-beds sold for AED 1,580,000, around AED 1,777 per sqft, and rent for AED 84,509 to 150,000 a year. 701's AED 99,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Feb 20269 February 2026 | 889 sqft | 1,580,000 | 1,777 | ||
| 28 Jul 202528 July 2025 | 1,101 sqft | 2,000,000 | 1,816 | ||
| 14 Jul 202514 July 2025 | 1,114 sqft | 2,150,000 | 1,929 | ||
| 12 Jun 202512 June 2025 | 903 sqft | 1,600,000 | 1,771 |
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 7th floor
All 192 units in Mada Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 1,141 sqft | AED 1.05MAED 1,050,000 · Feb 2021February 2021 | 140,000 /yr | |
| 703 | 2-bed | 1,628 sqft | AED 2.73MAED 2,727,956 · Jun 2018June 2018 | 175,000 /yr | |
| 704 | 1-bed | 904 sqft | AED 1.5MAED 1,500,000 · Sep 2023September 2023 | 77,440 /yr | |
| 705 | 1-bed | 1,101 sqft | AED 1.74MAED 1,744,000 · Dec 2023December 2023 | 160,000 /yr | |
| 706 | 1-bed | 1,114 sqft | AED 1.8MAED 1,800,000 · Mar 2024March 2024 | 170,000 /yr | |
| 707 | 2-bed | 1,664 sqft | AED 2.76MAED 2,759,066 · Jun 2018June 2018 | 180,000 /yr | |
| 708 | 1-bed | 1,070 sqft | AED 1.73MAED 1,731,162 · May 2016May 2016 | 110,000 /yr | |
| 709 | 1-bed | 1,040 sqft | AED 1.4MAED 1,400,000 · Jan 2023January 2023 | 78,750 /yr |
701, Mada Residences in numbers
- Sold once: by Artar Real Estate Development on 27 March 2016 for AED 1,394,943, or AED 1,580 per sqft.
- Rented since February 2019 on 6 Ejari contracts. The rent fell from AED 77,000 to AED 65,000 in 2021 and recovered to AED 99,000 by April 2025.
- At AED 99,000 a year the gross yield on the 2016 price is 7.1%, before a service charge of about AED 19,100 a year (AED 21.66 per sqft).
- One-beds in Mada Residences sold for AED 1,580,000–1,580,000 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 2 April 2025.
Questions about 701, Mada Residences
What did unit 701 last sell for?
AED 1,394,943 on 27 March 2016, sold by the developer: AED 1,580 per sqft for 882 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 99,000 a year on the contract renewed on 2 April 2025. The previous contract, from April 2024, was AED 90,000; the unit has been rented since February 2019.
How big is unit 701?
882 sqft (81.9 sqm): a one-bedroom apartment on the 7th floor of a 36-storey tower completed in 2018.
What is unit 701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mada Residences sold for AED 1,580,000 to 1,580,000 in the last 12 months, around AED 1,777 per sqft.
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Mortgage on 701, Mada Residences
Starts from the last sale price (AED 1.39M, 27 March 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,394,943
- Deposit, UAE resident (20%)
- AED 278,989
- Deposit, non-resident (40%)
- AED 557,977
- Monthly over 25 years at 3.7%
- AED 5,707
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →