709, Mada Residences
Sold prices and rental history: sold twice, last in January 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 709, Mada Residences
What is 709 worth today?
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Source: Dubai Land Department. Updated 18 January 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,040 sqft
- Floor
- 7th of 36
- Parking
- P4-67
- Developer
- Artar Real Estate Development
- Completed
- 2018
- Service charge
- AED 22,500 /yr
- Last sold
- AED 1.4M · January 2023
- Building
- Mada Residences
About 709, Mada Residences
709 is a one-bedroom apartment of 1,040 sqft on the 7th floor of Mada Residences, a 36-storey tower in Downtown Dubai completed in 2018 by Artar Real Estate Development. It last sold on 18 January 2023 for AED 1,400,000, or AED 1,345 per sqft, 8% below the AED 1,459 one-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 20 January 2022, is AED 78,750 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 22,500 a year.
Sales and rents for 709 over time
709 has sold twice; 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 709 sits
All 55 1-beds →709 last sold in January 2023 at AED 1,345 per sqft, 8% below what one-beds in Mada Residences were fetching at the time (AED 1,459). 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. 709's AED 78,750 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 882 sqft | AED 1.39MAED 1,394,943 · Mar 2016March 2016 | 99,000 /yr | |
| 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, Mada Residences in numbers
- Sold twice: first on 15 March 2016 for AED 1,609,196, last on 18 January 2023 for AED 1,400,000 (AED 1,345 per sqft).
- Rented since December 2018 on 3 Ejari contracts, from AED 85,000 to AED 78,750 a year.
- At AED 78,750 a year the gross yield on the 2023 price is 5.6%, before a service charge of about AED 22,500 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 18 January 2023.
Questions about 709, Mada Residences
What did unit 709 last sell for?
AED 1,400,000 on 18 January 2023: AED 1,345 per sqft for 1,040 sqft. The unit has 2 registered sales; the first was AED 1,609,196 in March 2016.
What is the rent for unit 709?
AED 78,750 a year on the contract renewed on 20 January 2022. The previous contract, from January 2020, was AED 85,000; the unit has been rented since December 2018.
How big is unit 709?
1,040 sqft (96.6 sqm): a one-bedroom apartment on the 7th floor of a 36-storey tower completed in 2018.
What is unit 709 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 709, Mada Residences
Starts from the last sale price (AED 1.4M, 18 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →