2-bed · 1,307 sqftMadison Residency Barsha Heights, Barsha Heights · 23rd floor · completed 2009

2308, Madison Residency Barsha Heights

Sold prices and rental history: sold 3 times, last in May 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2308 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 1.5M28 May 2015
Current rentAED 120K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2308, Madison Residency Barsha Heights

What is 2308 worth today?

Last sold for AED 1,500,000 in 2015

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15 Mar 2025RentedRenewal
AED 120,000/yr12 months · AED 92 per sqft
15 Mar 2024RentedNew contract
AED 120,000/yr12 months · AED 92 per sqft
1 Dec 2021RentedNew contract
AED 80,000/yr12 months · AED 61 per sqft
1 Dec 2020RentedNew contract
AED 62,000/yr12 months · AED 48 per sqft
28 May 2015SoldReady
AED 1,500,000AED 1,147 per sqft
20 Aug 2013SoldReady
AED 1,140,964AED 872 per sqft
20 Aug 2012RentedNew contract
AED 60,000/yr12 months · AED 46 per sqft
7 Jun 2009Sold by developerOff-plan
AED 1,110,964AED 849 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
2-bed apartment
Size
1,307 sqft
Floor
23rd of 26
Parking
B2-025
Developer
Deyaar
Completed
2009
Service charge
AED 27,100 /yr
Last sold
AED 1.5M · May 2015

About 2308, Madison Residency Barsha Heights

2308 is a two-bedroom apartment of 1,307 sqft on the 23rd floor of Madison Residency Barsha Heights, a 26-storey tower in Barsha Heights completed in 2009 by Deyaar. It last sold on 28 May 2015 for AED 1,500,000, or AED 1,147 per sqft, in line with the AED 1,147 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 15 March 2025, is AED 120,000 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 27,100 a year.

Sales and rents for 2308 over time

Sales
Unit 2308, each saleTypical two-bed in Madison Residency Barsha Heights
1M1.5M2009201420192024Typical 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, June 2009: AED 1,110,964 (AED 849 per sqft)Sold, August 2013: AED 1,140,964 (AED 872 per sqft)Sold, May 2015: AED 1,500,000 (AED 1,147 per sqft)

2308 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2308, 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, August 2012: AED 60,000 a yearNew contract, December 2020: AED 62,000 a yearNew contract, December 2021: AED 80,000 a yearNew contract, March 2024: AED 120,000 a yearRenewal, March 2025: AED 120,000 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 2308 sits

All 93 2-beds →

2308 last sold in May 2015 at AED 1,147 per sqft, in line with 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. 2308's AED 120,000 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
23012-bedAED 1.24M · Aug 2010
23022-bedAED 1.3M · Nov 2023
23032-bedAED 1.5M · Dec 2015
23042-bedAED 589K · Oct 2011
23052-bedAED 1.15M · May 2010
23062-bedAED 1.15M · May 2010
23072-bedAED 1.65M · Sep 2024

2308, Madison Residency Barsha Heights in numbers

  • Sold 3 times: first on 7 June 2009 for AED 1,110,964, last on 28 May 2015 for AED 1,500,000 (AED 1,147 per sqft).
  • Rented since August 2012 on 5 Ejari contracts, from AED 60,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2015 price is 8.0%, 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 15 March 2025.

Questions about 2308, Madison Residency Barsha Heights

What did unit 2308 last sell for?

AED 1,500,000 on 28 May 2015: AED 1,147 per sqft for 1,307 sqft. The unit has 3 registered sales; the first was AED 1,110,964 in June 2009.

What is the rent for unit 2308?

AED 120,000 a year on the contract renewed on 15 March 2025. The previous contract, from March 2024, was AED 120,000; the unit has been rented since August 2012.

How big is unit 2308?

1,307 sqft (121.4 sqm): a two-bedroom apartment on the 23rd floor of a 26-storey tower completed in 2009.

What is unit 2308 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 2308, Madison Residency Barsha Heights

Starts from the last sale price (AED 1.5M, 28 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →