2 Bedroom Apartment for sale at Mada Residences

(1 Review)
Downtown Dubai,Dubai, United Arab Emirates
Unit ID: U1400898
7% Rental Yield
2 Bedrooms
3 Bathrooms
1,611 Sqft Size
Mid Floor
Dec 2018 Completed

About This Apartment

This property is a 1,611 Sqft apartment with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the Mada Residences project in Downtown Dubai, Dubai and was completed in Dec 2018. You can buy this apartment for a base price of AED3,600,000 (AED2,235/Sqft) and it is also available for long term rentals starting from AED20,883 per month.

Largest Layout | Fully Furnished | High Floor | Maid's Room

Unit for Sale at Mada Residences with Stunning Unblocked Open View and City View. Fazwaz  presents a well maintained 2BR in Downtown. About: Mada Residences was developed by ARTAR with beautiful architecture in a prominent location. Towering 36 floors and in a total of 193 apartments (1,2,3, and 4 bedrooms) with state-of-the-art built-in kitchen appliances, this new residential building will give a new height to the South area of the Downtown District. 1-minute away from Dubai Mall and accessible to Downtown, Business Bay, Sheikh Zayed, DIFC, and Al Khail Road.Project Amenities:- High- Speed Elevators- Private Parking Space- Concierge Service- 24-hour Security- Sauna- Spa- Steam Room- Gym- Swimming Pool for kids and adults

Features

TerraceTerrace Maids QuartersMaids Quarters Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Apr 27, 2023
Updated 1 year ago
Property Type Apartment
Floor Mid
Bedrooms 2
Size 1,611 Sqft
Price per Sqft AED2,235
Pets Cats and Dogs (all sizes)
Apartment Ownership
Foreign Quota
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) River or Canal View, City View, Unblocked Open View
Unit Type 2BR
Building N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1400898

Investment Opportunity: Charges & Yield

Sale Price
AED3,600,000
Rent
AED20,883/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
14
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
7%

Project Details

Project Name: Mada Residences
Construction: Completed (Dec 2018)
Floors: 39
Buildings: N/A
Units: 193
Project Area: N/A
Nearest Landmark The Dubai Fountains - 1 Km
Location: Downtown Dubai, Dubai
Mada Residences Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Kids Pool Kids Pool

Available Units at Mada Residences

For Sale 4 For Rent 1
Get notified when new homes are being added to Mada Residences
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Frequently Asked Questions

The Dubai Fountains is the nearest Tourist Attraction from Mada Residences and it is 1 km away.
Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4.2 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great apartments in downtown area
Jack Regan, Canada, 3 years ago
For me, the Mada Residences by ARTAR has a very unique design. It feels pretty modern. One of the main reasons to live here is the location. This apartment building is located in Downtown Dubai, which offering the proximity to several key landmarks in the city. This place is also close to the Dubai International Airport which is really nice to catch the international flights. I would recommend this place for people who work around here.
Dubai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Mada Residences

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
The Address Residence Fountain Views, Downtown Dubai, Dubai
Number of units
N/A
Sales Prices
AED1.34M - AED3M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
RP Heights
Location
Downtown Dubai, Dubai, United Arab Emirates
Number of units
N/A
Sales Prices
AED1.6M - AED5.5M
Monthly Rentals
N/A
Year Built
Nov 2019
Completion Status
Completed
Project Name
Upper Crest
Location
The Address Residence Fountain Views, Downtown Dubai, Dubai
Number of units
446
Sales Prices
AED750K - AED3.6M
Monthly Rentals
N/A
Year Built
Dec 2017
Completion Status
Completed
Location
Downtown Dubai, Dubai, United Arab Emirates
Number of units
350
Sales Prices
AED2.19M
Monthly Rentals
AED10.4K
Year Built
May 2013
Completion Status
Completed
Project Name
Dunya Tower
Location
The Address Residence Fountain Views, Downtown Dubai, Dubai
Number of units
N/A
Sales Prices
AED810K - AED2.84M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Mon Reve
Location
Downtown Dubai, Dubai, United Arab Emirates
Number of units
97
Sales Prices
AED1.5M - AED4M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
The Address Residence Fountain Views, Downtown Dubai, Dubai
Number of units
N/A
Sales Prices
AED11M
Monthly Rentals
N/A
Year Built
Mar 2020
Completion Status
Completed
Location
The Address Residence Fountain Views, Downtown Dubai, Dubai
Number of units
N/A
Sales Prices
AED2.8M - AED16.4M
Monthly Rentals
N/A
Year Built
Mar 2020
Completion Status
Completed
Location
The Address Residence Fountain Views, Downtown Dubai, Dubai
Number of units
768
Sales Prices
AED2.5M - AED13.8M
Monthly Rentals
AED350K
Year Built
Mar 2020
Completion Status
Completed
Location
The Address Residence Fountain Views, Downtown Dubai, Dubai
Number of units
N/A
Sales Prices
AED3.3M - AED35M
Monthly Rentals
N/A
Year Built
Mar 2020
Completion Status
Completed
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