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Mada Residences, Downtown Dubai

Mada Residences, Downtown Dubai

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Downtown Dubai, Dubai

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Strengths

Prime Location

Luxurious Amenities

Modern Design

Weakens

High Cost

Noise Levels

Limited Parking

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Buildign Overview

Summary

  • Mada Residences is a luxurious residential tower situated in the heart of Downtown Dubai, offering stunning views of the iconic Burj Khalifa and other landmarks.
  • The building is conveniently located near major shopping destinations like The Dubai Mall, and it boasts easy access to public transportation including the Dubai Metro.

Properties Overview

  • Mada Residences features a mix of one, two, and three-bedroom apartments, appealing to both renters and buyers.
  • Recent rental prices have ranged from AED 75,000 to AED 180,000 per year, while sale prices for apartments can vary between AED 1.2 million to AED 3 million.

Market Trends

  • In the past year, rental prices in Downtown Dubai have seen a steady increase of approximately 8%, with investors enjoying an average ROI of 5-7%.
  • The demand for properties in this area is projected to remain high, driven by its prime location and the upcoming Expo 2020 influence.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from close proximity to several supermarkets, renowned schools, and healthcare facilities, including hospitals like Mediclinic and Emirates Hospital.

Transportation and Accessibility

  • Mada Residences is well-connected via the Dubai Metro, with the Burj Khalifa/Dubai Mall station just a short walk away, facilitating easy travel across the city.
  • Ample parking spaces are available for residents and visitors, supporting enhanced accessibility.

Lifestyle Amenities

  • The building includes a state-of-the-art gym, swimming pools, children’s play areas, and access to a range of upscale dining options nearby.
  • Residents can enjoy a vibrant lifestyle that includes popular attractions such as the Dubai Fountain and Souk Al Bahar.

Builing Facilities

  • Mada Residences is equipped with high-speed elevators, round-the-clock security, central air conditioning, and proactive maintenance services.

Special Services

  • The building offers concierge services to assist with residents' needs, along with guest services and business centers for professional support.

Planning Your Move or Investment

Floor Plans and Property Types

  • The range of units includes various floor plans, from spacious open layouts to more compact designs, catering to diverse family needs and preferences.

Things to Consider

  • Prospective renters and buyers should evaluate their budget, desired apartment size, and proximity to work or school before making a decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • Mada Residences hosts a variety of social events and community gatherings that encourage residents to connect and build relationships.

Community Identity

  • The building is known for its modern architecture, luxurious finishes, and proximity to cultural landmarks, establishing itself as a desirable community.

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Detailed Buiding Insights

1. Family Friendliness

Mada Residences offers spacious apartments and family-friendly amenities, including children's play areas and pools, catering to families looking for a comfortable living environment.

Exceptionally Welcoming

2. Living Options

The residence provides a variety of living options including one, two, and three-bedroom apartments, appealing to different family sizes and preferences.

Broadly Diverse

3. Safety And Security

Mada Residences boasts 24/7 security surveillance and controlled access, ensuring a high level of safety for all residents.

Remarkably Secure

4. Transportation

The location is well-served by public transport links, and major roadways are easily accessible, making commuting convenient for residents.

Highly Convenient

5. Amenities And Facilities

The complex features a well-equipped gym, swimming pools, a sauna, and beautifully landscaped gardens, providing residents with abundant recreational options.

Richly Equipped

6. Cost Of Living

While rental prices are on the higher side for Downtown Dubai, the quality of living and amenities offered justifies the cost, making it balanced for the location.

Relatively Balanced

7. Things To Do

Being in Downtown Dubai, residents have access to a wide range of leisure activities including shopping, dining, and sightseeing, ensuring a rich lifestyle.

Vibrantly Diverse

8. Noise Levels

Though located in a bustling area, the layout of the building and soundproofing helps maintain a peaceful living environment.

Generally Peaceful

9. Pet Friendliness

Mada Residences is welcoming to pets, with nearby parks and open spaces providing great areas for walks and activities.

Warmly Accommodating

Schools

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Key Information

Developer: Artar Real Estate Development

Building Type: Residential

Building Age: 8 years(completed in 2018)

Unit Types : 1, 2, 3 and 4-bedroom apartments

Floors: 37

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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