1602, Madison Residency Barsha Heights
Sold prices and rental history: sold 4 times, last in May 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Madison Residency Barsha Heights
What is 1602 worth today?
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Source: Dubai Land Department. Updated 1 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,307 sqft
- Floor
- 16th of 26
- Parking
- B2-047
- Developer
- Deyaar
- Completed
- 2009
- Service charge
- AED 27,100 /yr
- Last sold
- AED 1.4M · May 2015
- Building
- Madison Residency Barsha Heights
About 1602, Madison Residency Barsha Heights
1602 is a two-bedroom apartment of 1,307 sqft on the 16th floor of Madison Residency Barsha Heights, a 26-storey tower in Barsha Heights completed in 2009 by Deyaar. It last sold on 25 May 2015 for AED 1,400,000, or AED 1,070 per sqft, 6% below the AED 1,141 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 108,000 a year: a gross yield of 7.7% on the 2015 price, before the service charge of about AED 27,100 a year.
Sales and rents for 1602 over time
1602 has sold 4 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Madison Residency Barsha Heights, and where 1602 sits
All 93 2-beds →1602 last sold in May 2015 at AED 1,070 per sqft, 6% below what two-beds in Madison Residency Barsha Heights were fetching at the time (AED 1,141). Over the last 12 months two-beds sold for AED 1,420,000 to 1,620,000, around AED 1,204 per sqft, and rent for AED 75,923 to 230,000 a year. 1602's AED 108,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 1,307 sqft | 1,620,000 | 1,239 | ||
| 12 Jan 202612 January 2026 | 1,307 sqft | 1,550,000 | 1,185 | ||
| 8 Dec 20258 December 2025 | 1,307 sqft | 1,600,000 | 1,223 | ||
| 29 Jul 202529 July 2025 | 1,307 sqft | 1,515,000 | 1,158 |
Madison Residency Barsha Heights
Building310 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 69K /yr
- Typical yield
- 7.8%
Other units on the 16th floor
All 310 units in Madison Residency Barsha Heights| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,300 sqft | AED 1.55MAED 1,550,000 · Jun 2024June 2024 | 120,000 /yr | |
| 1603 | 2-bed | 1,300 sqft | AED 1.35MAED 1,350,000 · Jun 2024June 2024 | ||
| 1604 | 2-bed | 1,307 sqft | AED 1.22MAED 1,215,500 · Jan 2016January 2016 | 110,250 /yr | |
| 1605 | 2-bed | 1,300 sqft | AED 1.8MAED 1,800,000 · Oct 2024October 2024 | 78,750 /yr | |
| 1606 | 2-bed | 1,307 sqft | AED 1.62MAED 1,620,000 · Feb 2026February 2026 | 66,000 /yr | |
| 1607 | 2-bed | 1,300 sqft | AED 609KAED 608,938 · Aug 2010August 2010 | 108,000 /yr | |
| 1608 | 2-bed | 1,307 sqft | AED 1.43MAED 1,425,000 · Aug 2015August 2015 | 120,000 /yr |
1602, Madison Residency Barsha Heights in numbers
- Sold 4 times: first on 30 July 2009 for AED 855,000, last on 25 May 2015 for AED 1,400,000 (AED 1,070 per sqft).
- Rented since January 2015 on 9 Ejari contracts. The rent fell from AED 110,000 to AED 60,000 in 2021 and recovered to AED 108,000 by August 2025.
- At AED 108,000 a year the gross yield on the 2015 price is 7.7%, before a service charge of about AED 27,100 a year (AED 20.74 per sqft).
- Two-beds in Madison Residency Barsha Heights sold for AED 1,420,000–1,620,000 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 1 August 2025.
Questions about 1602, Madison Residency Barsha Heights
What did unit 1602 last sell for?
AED 1,400,000 on 25 May 2015: AED 1,070 per sqft for 1,307 sqft. The unit has 4 registered sales; the first was AED 855,000 in July 2009.
What is the rent for unit 1602?
AED 108,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 108,000; the unit has been rented since January 2015.
How big is unit 1602?
1,307 sqft (121.4 sqm): a two-bedroom apartment on the 16th floor of a 26-storey tower completed in 2009.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Madison Residency Barsha Heights sold for AED 1,420,000 to 1,620,000 in the last 12 months, around AED 1,204 per sqft.
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Mortgage on 1602, Madison Residency Barsha Heights
Starts from the last sale price (AED 1.4M, 25 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus AED 63,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →