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    2 Bedroom Apartment for sale at Mada Residences
    Downtown Dubai,Dubai, United Arab Emirates
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    Sale Price
    AED3,600,000
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    2 Bedroom Apartment for sale at Mada Residences
    (1 Review)
    Unit ID: U1400898
    7% Rental Yield
    Downtown Dubai,Dubai, United Arab Emirates
    AED3,600,000
    2 Bedrooms
    3
    Bathrooms
    1,611 Sqft
    Size
    Mid
    Floor
    Dec 2018
    Completed
    12
    Sale Price
    AED3,600,000

    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 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
    Developer: Artar Real Estate Development
    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
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Mada Residences
    View All (4)

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    Frequently Asked Questions

    The Dubai Fountains is the nearest Tourist Attraction from Mada Residences and it is 1 km away.

    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

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