Artar Real Estate Development: a small building in Downtown, where the landmarks are
A developer with a mid-size Downtown Dubai tower completed in 2018. What an ordinary building in an extraordinary district is worth, and how to price it honestly.
Mada Residences
Downtown Dubai · Artar Real Estate Development
Project factsheet
Storeys 39
Units in the building 193
Developer Artar Real Estate Development
Status Completed
Completed 2018
District Downtown Dubai
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
Specifications for Mada Residences per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
About the project
Mada Residences is a 39-storey residential building in Downtown Dubai, completed in 2018.
The developer is Artar Real Estate Development. The architecture is by National Engineering Bureau.
The building holds 193 apartments in total.
The database currently holds 2 lots in this project, from 9 000 000 AED.
Thirty-nine storeys and 193 residences by Artar Real Estate, completed in 2018 — one of the few Downtown buildings not built by Emaar. Four lots in our stock.
What it is
Mada Residences is a 39-storey residential tower with 193 residences in Downtown Dubai, completed in 2018 by Artar Real Estate Development. The designer was National Engineering Bureau.
Our stock holds four listings in this tower.
193 apartments over 39 storeys works out to roughly five per floor. That's a spacious layout for Downtown: neighbouring Burj Crown fits ten per floor, and The Residences is denser still.
Price per square foot by Downtown tower
Useful context for any building in the district: the spread in price per square foot here runs to 5.3 times, and it's driven less by address than by whether a hotel brand is attached.
| Tower | AED / ft² | Lots | Avg. size |
|---|---|---|---|
| Baccarat Hotel & Residences | 9046 | 7 | 4156 ft² |
| Society House | 3233 | 3 | 1484 ft² |
| Address Downtown | 4897 | 3 | 777 ft² |
| Address Residences Dubai Opera | 4756 | 11 | 1367 ft² |
| Burj Royale | 3701 | 4 | 1007 ft² |
| Address Dubai Mall | 4475 | 7 | 1491 ft² |
| Kempinski The Boulevard | 4361 | 7 | 1657 ft² |
| Vida Dubai Mall | 4308 | 14 | 1115 ft² |
| Address Residence Sky View | 4158 | 11 | 1721 ft² |
| Opera District | 4003 | 19 | 1512 ft² |
| St. Regis T1 | 3865 | 6 | 1263 ft² |
| Burj Khalifa | 3459 | 12 | 1756 ft² |
| W Downtown | 3410 | 14 | 1053 ft² |
| Burj Vista | 3388 | 7 | 1620 ft² |
| The Residences | 3303 | 8 | 1603 ft² |
| Forte | 3034 | 11 | 1392 ft² |
| Burj Crown | 2935 | 4 | 1356 ft² |
| Imperial Avenue | 2926 | 18 | 2316 ft² |
| Old Town Island | 2844 | 9 | 2054 ft² |
| Boulevard Central | 2656 | 6 | 1349 ft² |
| South Ridge | 2586 | 8 | 1796 ft² |
| Mohammed Bin Rashid Boulevard | 1720 | 3 | 1301 ft² |
Our own stock as of 28 August 2026, towers with three or more lots and a known area. District-wide: 366 lots, median AED 4.5 million, average AED 3,720/ft²; 210 of 366 lots are ready.
A non-Emaar building in an Emaar district
Emaar built out Downtown, and the overwhelming majority of buildings here are theirs. Projects by other developers are the exception, and that's worth keeping in mind when buying.
The practical difference isn't quality but the fact that the district's shared assets — the boulevard, the car parks, mall access — are managed by the district developer's own structures. Terms for a building by an outside developer can differ: ask what's included in the service charge and what rights ownership actually carries.
Downtown Dubai in our database counts 366 lots, with a median of AED 4.5 million and an average of AED 3,720 per square foot. That's the benchmark to check any specific listing against.
propsearch factsheet: 39 storeys, 193 residences, developer Artar Real Estate Development, designer National Engineering Bureau, completed 2018. Our own stock as of 28 August 2026: 4 lots, price per square foot calculated across 22 towers in the district, with the Downtown median and average.
What the complex has
Swimming pool
Gym
Spa and sauna
Children's area
Where it is
Frequently asked about Mada Residences
Who is the developer of Mada Residences?
Artar Real Estate Development. The architecture is by National Engineering Bureau.
How many floors does Mada Residences have?
39. The building has 193 apartments.
Has Mada Residences been handed over?
Yes, the building was handed over in 2018. This is ready housing: you can move in or let it out right after the deal.
Where is Mada Residences?
Downtown Dubai. The Burj Khalifa district — the most recognisable address in the emirate and the densest piece of it.
How much does an apartment in Mada Residences cost?
The database currently holds 2 lots in this project, from 9 000 000 AED. Prices move every day, so it is worth asking for the current list for this building.
What is on site at Mada Residences?
Swimming pool, Gym, Spa and sauna, Children's area. The list comes from the project description and covers the whole complex.
In the news
What has been written about the building, its developer and Downtown Dubai
Therme Dubai in Zabeel Park: a 100-metre, AED 2bn wellness resort due in 2028
Therme Dubai, a 100 m tall wellness resort of about 500 000 sq ft, is planned for Zabeel Park at a cost of AED 2bn (about $545m). It expects 1.7 million visitors a year and is due to open in 2028. What it means for Zabeel, Downtown and the neighbouring districts.
Downtown Dubai vs Business Bay: where to live and where to buy to let
Downtown is Dubai's tourist and status core, around AED 2 433/sqft on our own data. Business Bay is the business district next door, home to 17 000+ companies, around AED 1 871/sqft. We compare lifestyle, rental economics and who should pick which.
Moscow vs Dubai: where does a square metre cost more than $1 million a hundred over?
By mid-2026, new-build homes above 1 million rubles per square metre are selling in 14 Moscow districts — four more than a year earlier. In Dubai that same price level remains the preserve of just four addresses: Jumeirah Bay Island, Palm Jumeirah, Emirates Hills and Downtown Dubai.
Dubai Loop: Elon Musk’s tunnel between DIFC and Dubai Mall — what is really being built
The Boring Company’s Dubai Loop: a 6.4 km pilot with 4 stations between DIFC and Dubai Mall for about $154m, a full 22.5 km, 19-station network for about $545m. The RTA contract was signed in February 2026 and tunnelling is due in the second half of the year. What it means for buyers downtown.
Dubai Opera and the floating opera in Dubai South: culture as district infrastructure
It is easy to fall into two extremes about a cultural landmark next door — that it automatically lifts prices, or that it means nothing. Neither is right.
Triplanet Range Group: a small flat in a prime district, or a big one in a cheap district
A developer with buildings in both Downtown Dubai and Dubai Sports City. The oldest question in property investment, answered with the numbers that actually decide it.
Shapoorji Pallonji International: when the builder becomes the developer
The Dubai arm of a construction group with a very long history. What a contractor’s lineage genuinely tells you about a building, and what it does not tell you about the sale.
Credo Investments: what a view is worth, and how to keep it
A developer with a small Downtown Dubai building from 2017. View premiums are large, real and frequently temporary — and whether yours survives is a matter of public record.
Where this project stands today
I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.
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