2-bed · 1,307 sqftMadison Residency Barsha Heights, Barsha Heights · 17th floor · completed 2009

1704, Madison Residency Barsha Heights

Sold prices and rental history: sold 3 times, last in December 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 1.16M5 December 2012
Current rentAED 85K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Madison Residency Barsha Heights

What is 1704 worth today?

Last sold for AED 1,163,344 in 2012

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10 Oct 2024RentedRenewal
AED 85,000/yr12 months · AED 65 per sqft
10 Oct 2023RentedRenewal
AED 78,750/yr12 months · AED 60 per sqft
10 Oct 2022RentedNew contract
AED 75,000/yr12 months · AED 58 per sqft
1 Oct 2021RentedNew contract
AED 55,000/yr12 months · AED 42 per sqft
7 Feb 2019RentedRenewal
AED 90,000/yr12 months · AED 69 per sqft
7 Feb 2016RentedNew contract
AED 95,000/yr12 months · AED 73 per sqft
10 Mar 2014RentedNew contract
AED 69,000/yr12 months · AED 53 per sqft
5 Dec 2012SoldReady
AED 1,163,344AED 889 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
2-bed apartment
Size
1,307 sqft
Floor
17th of 26
Parking
B1-050
Developer
Deyaar
Completed
2009
Service charge
AED 27,100 /yr
Last sold
AED 1.16M · December 2012

About 1704, Madison Residency Barsha Heights

1704 is a two-bedroom apartment of 1,307 sqft on the 17th floor of Madison Residency Barsha Heights, a 26-storey tower in Barsha Heights completed in 2009 by Deyaar. It last sold on 5 December 2012 for AED 1,163,344, or AED 889 per sqft, in line with the AED 891 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 10 October 2024, is AED 85,000 a year: a gross yield of 7.3% on the 2012 price, before the service charge of about AED 27,100 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical two-bed in Madison Residency Barsha Heights
1M1.5M2008201320182023Typical 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, September 2008: AED 1,128,344 (AED 863 per sqft)Sold, October 2009: AED 850,000 (AED 650 per sqft)Sold, December 2012: AED 1,163,344 (AED 889 per sqft)

1704 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1704, each contractTypical two-bed in Madison Residency Barsha Heights
50K100K2012201620202024Typical 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, March 2012: AED 60,000 a yearNew contract, March 2014: AED 69,000 a yearNew contract, February 2016: AED 95,000 a yearRenewal, February 2019: AED 90,000 a yearNew contract, October 2021: AED 55,000 a yearNew contract, October 2022: AED 75,000 a yearRenewal, October 2023: AED 78,750 a yearRenewal, October 2024: AED 85,000 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 1704 sits

All 93 2-beds →

1704 last sold in December 2012 at AED 889 per sqft, in line with what two-beds in Madison Residency Barsha Heights were fetching at the time (AED 891). 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. 1704's AED 85,000 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 69K /yr
Typical yield
7.8%
Madison Residency Barsha Heights, Barsha Heights: prices, sales and rents →
Value
17012-bedAED 800K · May 2012
17022-bedAED 945K · Apr 2022
17032-bedAED 615K · Dec 2010
17052-bedAED 578K · Jan 2011
17062-bedAED 1.48M · Nov 2024
17072-bedAED 1.58M · Jul 2016
17082-bedAED 1.16M · Nov 2011

1704, Madison Residency Barsha Heights in numbers

  • Sold 3 times: first on 17 September 2008 for AED 1,128,344, last on 5 December 2012 for AED 1,163,344 (AED 889 per sqft).
  • Rented since March 2012 on 8 Ejari contracts, from AED 60,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2012 price is 7.3%, 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 10 October 2024.

Questions about 1704, Madison Residency Barsha Heights

What did unit 1704 last sell for?

AED 1,163,344 on 5 December 2012: AED 889 per sqft for 1,307 sqft. The unit has 3 registered sales; the first was AED 1,128,344 in September 2008.

What is the rent for unit 1704?

AED 85,000 a year on the contract renewed on 10 October 2024. The previous contract, from October 2023, was AED 78,750; the unit has been rented since March 2012.

How big is unit 1704?

1,307 sqft (121.4 sqm): a two-bedroom apartment on the 17th floor of a 26-storey tower completed in 2009.

What is unit 1704 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 1704, Madison Residency Barsha Heights

Starts from the last sale price (AED 1.16M, 5 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,163,344
Deposit, UAE resident (20%)
AED 232,669
Deposit, non-resident (40%)
AED 465,338
Monthly over 25 years at 3.7%
AED 4,760

Plus AED 53,871 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →