Mada Residences, Downtown Dubai
About Mada Residences
Mada Residences by Artar is a popular residential building in Downtown Dubai. Developed by Artar Real Estate Development Company, its construction was completed in 2018. The building is located in Downtown Dubai and offers 1, 2, 3 and 4-bedroom apartments for rent and sale.
Downtown Dubai is home to several residential and commercial. Major attractions in the area include Burj Khalifa, Dubai Fountain and The Dubai Mall. This area has an abundance of amenities like schools, restaurants, supermarkets and other retail outlets. It is centrally located in Dubai and is accessible from most other areas via Sheikh Zayed Road. As per Bayut’s End of Year Market Report for Dubai 2019, Downtown Dubai is the second most popular area for buying apartments in the city.
This 36-storey tower has facilities like 24-hour security, high-speed elevators and covered parking. Fitness and leisure options are available on the rooftop including swimming pools, gymnasium and a terrace lounge. It is easily accessible from Sheikh Zayed Road, so commute to and from other parts of the city is quite convenient. Multiple options of public transportation are available nearby.
IN A NUTSHELL
- A 36-storey residential building in Downtown Dubai
- Offers 1, 2, 3 and 4-bedroom apartments
- A project of Artar Real Estate Development Company
- Construction completed in 2018
- 24-hour security, high-speed elevators and covered parking present in the building
- Schools, restaurants, supermarkets and retail outlets present nearby
- Fitness facilities include a swimming pool and gymnasium
- Close to Sheikh Zayed Road
- Public transportation is easily available
Facilities in Mada Residences
Residents can avail covered parking in Mada Residences.
There are several well-maintained high-speed elevators in Mada Residences.
Security, Central Air-Conditioning and Maintenance Services
24-hour CCTV monitoring is present to assist the well-trained security staff. Maintenance and clerical staff are also present on-site to preserve the pristine condition of the building.
Gym and Fitness Facilities
There are multiple options for fitness enthusiasts including swimming pools steam room, sauna, jacuzzi and a gym in Mada Residences.
Residents of Mada Residences Downtown have excellent facilities at a stone’s throw away. The rooftop of the building has swimming pools for adults and kids along with a terrace lounge. Families and kids can visit the rooftop to have some fun time within the building.
Concierge and Guest Services
A 24-hour concierge service is present in the building along with a residence lounge on the ground floor.
Mada Residences Floor Plans
- 1-bedroom apartments in Mada Residences consist of seven different unit types
- 2-bedroom apartments in Mada Residences consist of five different unit types
- 3-bedroom apartments in Mada Residences consist of 12 different unit types
- 4-bedroom apartments in Mada Residences consist of six different unit types
Bayut has worked on creating a simple format for 2D and 3D floor plans on the website. You can easily find the unit type and bed type you’re interested in by browsing Mada Residences Floor Plans.
Apartment Types in Mada Residences
Apartment types in Mada Residences, Downtown Dubai include 1-bedroom, 2-bedroom, 3-bedroom and 4 bedroom units.
1-Bedroom Apartments in Mada Residences
There are 56 1-bedroom apartments in Mada Residences. The covered areas for these flats range from 890 sq. ft. to 1,150 sq. ft. One can find floor-to-ceiling glass windows, walk-in closets, bathrooms with walk-in shower, open kitchens with fittings and appliances, laundry rooms, tile wood impression flooring in the bedrooms and tile stone optic floorings. 1-bedroom apartments also get one reserved parking slot.
2-Bedroom Apartments in Mada Residences
There are 80 2-bedroom apartments in Mada Residences. With covered areas ranging from 1,545 sq. ft. to 1,665 sq. ft. these apartments have floor-to-ceiling glass windows, walk-in closets with additional storage space, spacious balcony, bathrooms with walk-in shower, an open kitchen with fittings and appliances, a laundry room, tile wood impression flooring in bedrooms and tile stone optic flooring in rest of the apartment. 2-bedroom apartments get two reserved parking spaces.
3-Bedroom Apartments in Mada Residences
There are 49 3-bedroom apartments in Mada Residences with covered areas ranging from 2,010 sq. ft. to 2,420 sq. ft. Each apartment has a floor-to-ceiling glass window, a walk-in closet with additional storage space, a spacious balcony, bathrooms with walk-in shower, an open or closed kitchen with fittings and appliances, a laundry room, tile wood impression flooring in bedrooms and tile stone optic flooring in rest of the apartment. 3-bedroom apartments also get two reserved parking spaces.
4-Bedroom Apartments in Mada Residences
4-bedroom apartments in Mada Residences known as the Signature Collection. There are eight 4-bedroom apartments in the building. The covered areas of these apartments range from 2,970 sq. ft. to 3,315 sq. ft. Each apartment has floor-to-ceiling glass windows, a walk-in closet with additional storage space, a spacious balcony, a powder room, bathrooms with walk-in shower & bathtub, an open or closed kitchen with fittings and appliances, a laundry room, a warm wood flooring in bedrooms and a marble flooring in rest of the apartment. 4-bedroom apartments also get two reserved parking spaces.
Most Popular Apartment Types in Mada Residences
Based on searches conducted by users on Bayut.com over the past 12 months
2-bedroom apartments are the most popular apartment types in Mada Residences followed by 3-bedroom apartments. 1-bedroom apartments are on the third spot while 4-bedroom apartments are the least favourites.
Rental Trends in Mada Residences
Apartments for rent in Mada Residences have the following pricing details.
- 1-bedroom apartments have rental prices of AED 70k per annum.
- 2-bedroom apartments for rent in Mada Residences have prices between AED 95k to AED 215k.
- 3-bedroom apartments for rent in Mada Residences have prices ranging from AED 120k to AED 170k.
The prices of apartments vary as per their covered areas, floors, furnishings and layouts. One can find several other apartments for rent in Downtown Dubai offering a good mix of in-house facilities and amenities in the surroundings.
Sales Trends in Mada Residences
Apartments for sale in Mada Residences are great prospects in every way. It can turn out to be a good investment and also bring an attractive capital gain.
- 1-bedroom apartments have prices around AED 1.5M.
- 2-bedroom apartments for sale range from AED 1.9M to AED 2.2M.
These sales prices are higher than most other buildings in the parent community but given the facilities and amenities in the building, the price tags are justified. Those looking for more options can browse apartments for sale in Downtown Dubai.
Rental Yield in Mada Residences
Based on searches conducted by users on Bayut.com over the past 12 months
As per Bayut, the annual return from rentals for 2-bedroom apartments is 5.8% pf the total investment. The ROI for 1-bedroom apartments is 5.7% per annum.
Transportation near Mada Residences
Mada Residences is less than 10 minutes away from Sheikh Zayed Road, so the residents have the best possible route to access different areas of the city. The public transport options are also good, with taxis easily available in the area. Bus and metro stations are also present nearby.
Bus Stations near Mada Residences
The nearest bus station is Dubai Fountain St. 2 Bus Stop, about a 3-minute drive away. One can board buses 50 and X22 at this station. Burj View Central Tower 1 Bus Stop, is another option about 2 minutes away. It is served by buses F14 and F19A.
Metro Stations near Mada Residences
The Burj Khalifa/Dubai Mall Metro Station and Business Bay Metro Station are about 8 minutes away, whereas the Financial Centre Metro Station is about 9 minutes from the building.
Restaurants near Mada Residences
Residents can multiple Downtown Dubai restaurants near Mada Residences. The cuisines served in nearby restaurants include Lebanese, Chinese, South Asian, Turkish, American and Thai. Popular restaurant located nearby are:
- Sargon Dubai
- Al Hallab
- Asado Restaurant
- Texas Roadhouse
- Fuchsia Urban Thai
- Taipei Dao
- Zen Restaurant
All these restaurants are located less than 10 minutes away from Mada Residences. Upscale dining options nearby include Movenpick Hotel, M Hotel and Damac Maison. Bars and cafes nearby are Nezesaussi Grill, Kanpai Restaurant & Lounge Bar, Fai and Iris Dubai.
Supermarkets near Mada Residences
There are more than a dozen supermarkets near Mada Residences that can be easily accessed. Popular ones include:
- Carrefour Market
- Super Market
- Al Maya
All these supermarkets are less than 5 minutes away from the building. Residents can conveniently handle their daily shopping in the area.
All these high-rise residential towers are located close to Mada Residences. One can find a wide range of apartments for rent and sale in these buildings.
- The Dubai Mall
- The Dubai Fountain
- Burj Khalifa
The Dubai Mall is one of the most popular malls in Dubai. It offers a wide range of shopping, dining and entertainment options for visitors. It is about 14 minutes away from Mada Residences.
The Dubai Fountain is a popular tourist attraction, with beautiful fountains set in the midst of the attractive Downtown Dubai skyline. It is about 6 minutes away and can be viewed while dining at one of the many restaurants located close to it.
Burj Khalifa presently is the world’s tallest building and a popular tourist destination. It is about 11 minutes away from Mada Residences.
Things to Consider
Mada Residences by Artar is a perfect place for residence. Its serene location and the high-class facilities make it one of the most desirable buildings in the area. The prices of apartments available for rent and sale are comparatively higher than most other projects in the area. But these prices are justified as the building is recently built, has all the facilities, is situated in a prime location and has spacious & well-furnished apartments.