Studio · 653 sqftMadison Residency Barsha Heights, Barsha Heights · 10th floor · completed 2009

1008, Madison Residency Barsha Heights

Sold prices and rental history: sold 3 times, last in November 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 15 June 2024
Last soldAED 479K24 November 2010
Current rentAED 45K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Madison Residency Barsha Heights

What is 1008 worth today?

Last sold for AED 479,376 in 2010

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15 Jun 2024RentedRenewal
AED 45,000/yr12 months · AED 69 per sqft
15 Jun 2023RentedRenewal
AED 40,700/yr12 months · AED 62 per sqft
15 Jun 2022RentedRenewal
AED 37,000/yr12 months · AED 57 per sqft
1 Nov 2019RentedNew contract
AED 45,000/yr12 months · AED 69 per sqft
25 Sep 2018RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
25 Jun 2018RentedRenewal
AED 60,168/yr2 months · AED 92 per sqft
25 Dec 2017RentedNew contract
AED 59,836/yr6 months · AED 92 per sqft
25 Dec 2016RentedRenewal
AED 60,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 15 June 2024.

Key facts

Type
Studio apartment
Size
653 sqft
Floor
10th of 26
Parking
B2-117
Developer
Deyaar
Completed
2009
Service charge
AED 13,500 /yr
Last sold
AED 479K · November 2010

About 1008, Madison Residency Barsha Heights

1008 is a studio of 653 sqft on the 10th floor of Madison Residency Barsha Heights, a 26-storey tower in Barsha Heights completed in 2009 by Deyaar. It last sold on 24 November 2010 for AED 479,376, or AED 733 per sqft, 25% below the AED 981 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 15 June 2024, is AED 45,000 a year: a gross yield of 9.4% on the 2010 price, before the service charge of about AED 13,500 a year.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical studio in Madison Residency Barsha Heights
400K600K800K2009201420192024Typical sale price by year: 2009 AED 572,989; 2010 AED 629,076; 2011 AED 479,376; 2012 AED 551,224; 2013 AED 572,500; 2014 AED 740,000; 2015 AED 681,484; 2016 AED 650,000; 2017 AED 685,000; 2018 AED 607,500; 2020 AED 500,000; 2021 AED 450,000; 2022 AED 492,500; 2023 AED 590,000; 2024 AED 697,500; 2025 AED 785,000Sold by developer, June 2009: AED 583,624 (AED 893 per sqft)Sold, November 2010: AED 479,376 (AED 733 per sqft)Sold, November 2010: AED 723,968 (AED 1,108 per sqft)

1008 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1008, each contractTypical studio in Madison Residency Barsha Heights
40K60K2012201620202024Typical rent by year: 2012 AED 39,500; 2013 AED 45,000; 2014 AED 55,000; 2015 AED 65,000; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 53,000; 2019 AED 46,500; 2020 AED 39,000; 2021 AED 36,000; 2022 AED 40,000; 2023 AED 47,000; 2024 AED 56,000; 2025 AED 60,500; 2026 AED 65,000New contract, September 2013: AED 50,000 a yearNew contract, December 2014: AED 60,000 a yearNew contract, December 2015: AED 60,000 a yearRenewal, December 2016: AED 60,000 a yearNew contract, December 2017: AED 59,836 a yearRenewal, June 2018: AED 60,168 a yearNew contract, September 2018: AED 50,000 a yearNew contract, November 2019: AED 45,000 a yearRenewal, June 2022: AED 37,000 a yearRenewal, June 2023: AED 40,700 a yearRenewal, June 2024: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Madison Residency Barsha Heights, and where 1008 sits

All 154 studios →

1008 last sold in November 2010 at AED 733 per sqft, 25% below what studios in Madison Residency Barsha Heights were fetching at the time (AED 981). Over the last 12 months studios sold for AED 775,000 to 935,000, around AED 1,289 per sqft, and rent for AED 42,000 to 80,000 a year. 1008's AED 45,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
11 Dec 2025775,000
29 Jul 2025686,000
10 Jul 2025700,000
7 Jul 2025850,000
2 studio sales in the last 12 months

Madison Residency Barsha Heights

Building

310 apartments, studios to 2-bed over 26 floors in Barsha Heights, completed in 2009 by Deyaar. 7 sold in the last 12 months.

Typical price per sqft
AED 1,223
Typical sale
AED 1.42M
Typical rent
AED 70K /yr
Typical yield
7.8%
Madison Residency Barsha Heights, Barsha Heights: prices, sales and rents →
Value
1001StudioAED 465K · May 2022
10021-bedAED 995K · Jun 2025
1003StudioAED 479K · Nov 2010
1004StudioAED 395K · May 2012
10051-bedAED 850K · Mar 2011
1006StudioAED 670K · Jun 2016
1007StudioAED 450K · Oct 2012
1–7 of 15

1008, Madison Residency Barsha Heights in numbers

  • Sold 3 times: first on 7 June 2009 for AED 583,624, last on 24 November 2010 for AED 479,376 (AED 733 per sqft).
  • Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 50,000 to AED 37,000 in 2022 and recovered to AED 45,000 by June 2024.
  • At AED 45,000 a year the gross yield on the 2010 price is 9.4%, before a service charge of about AED 13,500 a year (AED 20.74 per sqft).
  • Studios in Madison Residency Barsha Heights sold for AED 775,000–935,000 in the 12 months to November 2026; the building's median across all types is AED 1,223 per sqft.

Source: Dubai Land Department. Updated 15 June 2024.

Questions about 1008, Madison Residency Barsha Heights

What did unit 1008 last sell for?

AED 479,376 on 24 November 2010: AED 733 per sqft for 653 sqft. The unit has 3 registered sales; the first was AED 583,624 in June 2009.

What is the rent for unit 1008?

AED 45,000 a year on the contract renewed on 15 June 2024. The previous contract, from June 2023, was AED 40,700; the unit has been rented since September 2013.

How big is unit 1008?

653 sqft (60.7 sqm): a studio on the 10th floor of a 26-storey tower completed in 2009.

What is unit 1008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Madison Residency Barsha Heights sold for AED 775,000 to 935,000 in the last 12 months, around AED 1,289 per sqft.

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Mortgage on 1008, Madison Residency Barsha Heights

Starts from the last sale price (AED 479K, 24 November 2010). Switch to today's estimate once you have unlocked it.
Price
AED 479,376
Deposit, UAE resident (20%)
AED 95,875
Deposit, non-resident (40%)
AED 191,750
Monthly over 25 years at 3.7%
AED 1,961

Plus AED 23,044 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →