2-bed · 1,300 sqftMadison Residency Barsha Heights, Barsha Heights · 16th floor · completed 2009

1605, Madison Residency Barsha Heights

Sold prices and rental history: sold 5 times, last in October 2024, and rented once, from August 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 31 October 2024
Last soldAED 1.8M31 October 2024
Current rentAED 79K /yr8 August 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Madison Residency Barsha Heights

What is 1605 worth today?

Last sold for AED 1,800,000 in 2024

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31 Oct 2024SoldReady
AED 1,800,000AED 1,384 per sqft
14 Jun 2024SoldReady
AED 1,250,000AED 961 per sqft
8 Aug 2013RentedNew contract
AED 78,750/yr12 months · AED 60 per sqft
5 Jul 2011SoldReady
AED 400,000AED 307 per sqft
13 Jun 2011SoldReady
AED 1,262,877AED 971 per sqft
7 Jun 2009Sold by developerOff-plan
AED 1,187,877AED 913 per sqft

Source: Dubai Land Department. Updated 31 October 2024.

Key facts

Type
2-bed apartment
Size
1,300 sqft
Floor
16th of 26
Parking
G-06
Developer
Deyaar
Completed
2009
Service charge
AED 27,000 /yr
Last sold
AED 1.8M · October 2024

About 1605, Madison Residency Barsha Heights

1605 is a two-bedroom apartment of 1,300 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 31 October 2024 for AED 1,800,000, or AED 1,384 per sqft, 21% above the AED 1,147 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 August 2013. The current contract, signed on 8 August 2013, is AED 78,750 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 27,000 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, each saleTypical two-bed in Madison Residency Barsha Heights
1M2M2009201420192024Typical sale price by year: 2009 AED 1,133,691; 2010 AED 1,185,517; 2011 AED 793,154; 2012 AED 1,163,344; 2013 AED 1,221,507; 2014 AED 1,468,750; 2015 AED 1,447,500; 2016 AED 1,225,000; 2017 AED 1,287,500; 2021 AED 870,000; 2022 AED 947,500; 2023 AED 1,100,000; 2024 AED 1,515,000; 2025 AED 1,530,000Sold by developer, June 2009: AED 1,187,877 (AED 913 per sqft)Sold, June 2011: AED 1,262,877 (AED 971 per sqft)Sold, July 2011: AED 400,000 (AED 307 per sqft)Sold, June 2024: AED 1,250,000 (AED 961 per sqft)Sold, October 2024: AED 1,800,000 (AED 1,384 per sqft)

1605 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1605, each contractTypical two-bed in Madison Residency Barsha Heights
75K100K125K2012201620202024Typical rent by year: 2012 AED 73,250; 2013 AED 82,251; 2014 AED 105,000; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 100,000; 2018 AED 88,000; 2019 AED 80,000; 2020 AED 66,000; 2021 AED 64,000; 2022 AED 70,000; 2023 AED 86,500; 2024 AED 102,501; 2025 AED 110,000; 2026 AED 118,000New contract, August 2013: AED 78,750 a year

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 1605 sits

All 93 2-beds →

1605 last sold in October 2024 at AED 1,384 per sqft, 21% above what two-beds in Madison Residency Barsha Heights were fetching at the time (AED 1,147). 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. 1605's AED 78,750 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Feb 20261,620,000
12 Jan 20261,550,000
8 Dec 20251,600,000
29 Jul 20251,515,000
4 2-bed 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 69K /yr
Typical yield
7.8%
Madison Residency Barsha Heights, Barsha Heights: prices, sales and rents →
Value
16012-bedAED 1.55M · Jun 2024
16022-bedAED 1.4M · May 2015
16032-bedAED 1.35M · Jun 2024
16042-bedAED 1.22M · Jan 2016
16062-bedAED 1.62M · Feb 2026
16072-bedAED 609K · Aug 2010
16082-bedAED 1.43M · Aug 2015

1605, Madison Residency Barsha Heights in numbers

  • Sold 5 times: first on 7 June 2009 for AED 1,187,877, last on 31 October 2024 for AED 1,800,000 (AED 1,384 per sqft).
  • Rented since August 2013 on one Ejari contract, at AED 78,750 a year.
  • At AED 78,750 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 27,000 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 31 October 2024.

Questions about 1605, Madison Residency Barsha Heights

What did unit 1605 last sell for?

AED 1,800,000 on 31 October 2024: AED 1,384 per sqft for 1,300 sqft. The unit has 5 registered sales; the first was AED 1,187,877 in June 2009.

What is the rent for unit 1605?

AED 78,750 a year on the contract signed on 8 August 2013.

How big is unit 1605?

1,300 sqft (120.8 sqm): a two-bedroom apartment on the 16th floor of a 26-storey tower completed in 2009.

What is unit 1605 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 1605, Madison Residency Barsha Heights

Starts from the last sale price (AED 1.8M, 31 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →