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

1607, Madison Residency Barsha Heights

Sold prices and rental history: sold twice, last in August 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 1 June 2021
Last soldAED 609K4 August 2010
Current rentAED 108K /yr1 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, Madison Residency Barsha Heights

What is 1607 worth today?

Last sold for AED 608,938 in 2010

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1 Jun 2021RentedRenewal
AED 108,000/yr12 months · AED 83 per sqft
1 Jun 2020RentedRenewal
AED 108,000/yr12 months · AED 83 per sqft
1 Jun 2019RentedRenewal
AED 120,000/yr12 months · AED 92 per sqft
1 Jun 2014RentedNew contract
AED 115,000/yr12 months · AED 88 per sqft
25 May 2014RentedNew contract
AED 115,000/yr12 months · AED 88 per sqft
4 Aug 2010SoldReady
AED 608,938AED 468 per sqft
5 Aug 2009Sold by developerOff-plan
AED 593,938AED 456 per sqft

Source: Dubai Land Department. Updated 1 June 2021.

Key facts

Type
2-bed apartment
Size
1,300 sqft
Floor
16th of 26
Parking
B2-033
Developer
Deyaar
Completed
2009
Service charge
AED 27,000 /yr
Last sold
AED 609K · August 2010

About 1607, Madison Residency Barsha Heights

1607 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 4 August 2010 for AED 608,938, or AED 468 per sqft, 46% below the AED 861 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 1 June 2021, is AED 108,000 a year: a gross yield of 17.7% on the 2010 price, before the service charge of about AED 27,000 a year.

Sales and rents for 1607 over time

Sales
Unit 1607, each saleTypical two-bed in Madison Residency Barsha Heights
500K1M1.5M2009201420192024Typical 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, August 2009: AED 593,938 (AED 456 per sqft)Sold, August 2010: AED 608,938 (AED 468 per sqft)

1607 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1607, each contractTypical two-bed in Madison Residency Barsha Heights
100K2012201620202024Typical 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, May 2014: AED 115,000 a yearNew contract, June 2014: AED 115,000 a yearRenewal, June 2019: AED 120,000 a yearRenewal, June 2020: AED 108,000 a yearRenewal, June 2021: AED 108,000 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 1607 sits

All 93 2-beds →

1607 last sold in August 2010 at AED 468 per sqft, 46% below what two-beds in Madison Residency Barsha Heights were fetching at the time (AED 861). 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. 1607's AED 108,000 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 70K /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
16052-bedAED 1.8M · Oct 2024
16062-bedAED 1.62M · Feb 2026
16082-bedAED 1.43M · Aug 2015

1607, Madison Residency Barsha Heights in numbers

  • Sold twice: first on 5 August 2009 for AED 593,938, last on 4 August 2010 for AED 608,938 (AED 468 per sqft).
  • Rented since May 2014 on 5 Ejari contracts, from AED 115,000 to AED 108,000 a year.
  • At AED 108,000 a year the gross yield on the 2010 price is 17.7%, 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 1 June 2021.

Questions about 1607, Madison Residency Barsha Heights

What did unit 1607 last sell for?

AED 608,938 on 4 August 2010: AED 468 per sqft for 1,300 sqft. The unit has 2 registered sales; the first was AED 593,938 in August 2009.

What is the rent for unit 1607?

AED 108,000 a year on the contract renewed on 1 June 2021. The previous contract, from June 2020, was AED 108,000; the unit has been rented since May 2014.

How big is unit 1607?

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 1607 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 1607, Madison Residency Barsha Heights

Starts from the last sale price (AED 609K, 4 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 608,938
Deposit, UAE resident (20%)
AED 121,788
Deposit, non-resident (40%)
AED 243,575
Monthly over 25 years at 3.7%
AED 2,491

Plus AED 30,586 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →