−6% Mada Residences
3 BR · Apartment · 5 bathrooms
Price history
Listed since 26 September 2025. The price has been cut once — dates and figures from the listing itself.
- 8 October 2026 AED 4 450 000
- 16 October 2026 AED 4 175 000 -6%
About the building
39-storey residential building in Downtown Dubai, completed in 2018. Developer — Artar Real Estate Development. Architect — National Engineering Bureau.
What the building has
- Swimming pool
- Gym
- Spa and sauna
- Children's area
Where it is
Downtown Dubai
The Burj Khalifa district — the most recognisable address in the emirate and the densest piece of it.
- short-let income
- a landmark address
- fast resale
What to check: The service charge here is among the highest in Dubai and in older towers it has climbed faster than rent. Calculate your yield after the charge, not before, and ask for three years of charge history before making an offer.
Full district guide →Questions and answers about lot NP4-512876
How much is this 3-bedroom apartment in Mada Residences?
Lot NP4-512876 is priced at AED 4 175 000, about $1 137 000. The size is 2 093 sq ft (194 m²), which works out at AED 1 995 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 4 450 000 to AED 4 175 000: AED 275 000 less, or 6%. It was cut once. On the market since 26 September 2025.
How does this price compare with other lots in Mada Residences?
The database holds 3 lots in Mada Residences right now, from AED 4 175 000 to AED 11 500 000. At AED 1 995 per sq ft this lot is 36% below the median for the other lots in the project (AED 3 133).
Is this expensive or cheap for Downtown Dubai?
The database holds 169 lots in Downtown Dubai. The area median is AED 3 502 per sq ft; this lot is at AED 1 995. A gap that wide usually means an error in the listing rather than a real price difference — I will check it when you ask. 42 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Downtown Dubai area guide →Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2018 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 835 000; a loan of AED 3 340 000 over 25 years at 3.75–4.99% a year comes to roughly AED 17 200–19 500 a month. A non-resident puts down from 40% (AED 1 670 000) and pays about AED 12 900–14 600 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 167 000 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 4 175 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Mada Residences?
The building has 39 floors and 193 units. Completion year: 2018. Figures are from the project passport: Propsearch and the Dubai Land Department.
Mada Residences project page →What does the seller say about the property itself?
From the listing: bathrooms — 5.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP4-512876 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Mada Residences
Reviews from the English YouTube channel — each one with a written breakdown on this site.
More in this building
Nearby in Downtown Dubai
Ask a question
Telegram is the fastest way — I answer personally.
Message on Telegram