MADA Residences Tower

Completed 2018
193 units
31 floors
6 lifts
259 parking bays
2 pools

A three-bed here leases for about AED 260,000 a year, 9% below the typical Downtown Dubai three-bed. New tenants pay more than renewing ones, who pay AED 245,000.

New-lease rent · 3 bed: 260k; +8.3% · 18 leases
Rent per sqft · a year: 124; new leases
Renewals against new · 3 bed: -6%; 245k against 260k
Units on a lease: 49%; Downtown Dubai median 27%
Annual leases, 12 months: 95; new and renewed

Registered Dubai Land Department and Ejari records. dubaiwealthindex.com

DUBAI WEALTH INDEX · MADA Residences Tower · Downtown Dubai · For rent

02 / 06

01 · What it rents for · every unit type

What each unit type lets for, and what renewing tenants pay

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DUBAI WEALTH INDEX · MADA Residences Tower · Downtown Dubai · For rent

03 / 06

02 · Rent and price · 3 bed

How the price and the rent per sqft moved, year by year

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DUBAI WEALTH INDEX · MADA Residences Tower · Downtown Dubai · For rent

04 / 06

03 · Letting · all units

How much of MADA Residences Tower is let on a yearly lease, against its area

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DUBAI WEALTH INDEX · MADA Residences Tower · Downtown Dubai · For rent

05 / 06

04 · Supply · Downtown Dubai

How many homes are planned in Downtown Dubai, against the homes let today

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DUBAI WEALTH INDEX · MADA Residences Tower · Downtown Dubai · For rent

06 / 06

05 · Comparables · Downtown Dubai

How its rent compares with its neighbours, and what to check before signing

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