2-bed · 1,307 sqftMadison Residency Barsha Heights, Barsha Heights · 24th floor · completed 2009

2406, Madison Residency Barsha Heights

Sold prices and rental history: sold twice, last in May 2010, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2406 · DLD and Ejari recordsUpdated 25 May 2024
Last soldAED 1.18M23 May 2010
Current rentAED 73K /yr25 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2406, Madison Residency Barsha Heights

What is 2406 worth today?

Last sold for AED 1,179,513 in 2010

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25 May 2024RentedRenewal
AED 72,600/yr12 months · AED 56 per sqft
25 May 2023RentedRenewal
AED 66,000/yr12 months · AED 50 per sqft
25 May 2022RentedNew contract
AED 60,000/yr12 months · AED 46 per sqft
1 Apr 2021RentedNew contract
AED 60,000/yr12 months · AED 46 per sqft
23 May 2010SoldReady
AED 1,179,513AED 902 per sqft
7 Jun 2009Sold by developerOff-plan
AED 1,124,333AED 860 per sqft

Source: Dubai Land Department. Updated 25 May 2024.

Key facts

Type
2-bed apartment
Size
1,307 sqft
Floor
24th of 26
Parking
B2-082
Developer
Deyaar
Completed
2009
Service charge
AED 27,100 /yr
Last sold
AED 1.18M · May 2010

About 2406, Madison Residency Barsha Heights

2406 is a two-bedroom apartment of 1,307 sqft on the 24th floor of Madison Residency Barsha Heights, a 26-storey tower in Barsha Heights completed in 2009 by Deyaar. It last sold on 23 May 2010 for AED 1,179,513, or AED 902 per sqft, 3% above the AED 872 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 25 May 2024, is AED 72,600 a year: a gross yield of 6.2% on the 2010 price, before the service charge of about AED 27,100 a year.

Sales and rents for 2406 over time

Sales
Unit 2406, 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 1,124,333 (AED 860 per sqft)Sold, May 2010: AED 1,179,513 (AED 902 per sqft)

2406 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2406, 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, April 2021: AED 60,000 a yearNew contract, May 2022: AED 60,000 a yearRenewal, May 2023: AED 66,000 a yearRenewal, May 2024: AED 72,600 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 2406 sits

All 93 2-beds →

2406 last sold in May 2010 at AED 902 per sqft, 3% above what two-beds in Madison Residency Barsha Heights were fetching at the time (AED 872). 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. 2406's AED 72,600 is at the bottom 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
24012-bedAED 1.25M · Mar 2013
24022-bedAED 1M · Nov 2022
24032-bedAED 1.56M · Feb 2025
2404AED 1.5M · Oct 2025
24052-bedAED 1.1M · Jul 2023
24072-bedAED 950K · Dec 2022
24082-bedAED 1.55M · Jan 2026

2406, Madison Residency Barsha Heights in numbers

  • Sold twice: first on 7 June 2009 for AED 1,124,333, last on 23 May 2010 for AED 1,179,513 (AED 902 per sqft).
  • Rented since April 2021 on 4 Ejari contracts, from AED 60,000 to AED 72,600 a year.
  • At AED 72,600 a year the gross yield on the 2010 price is 6.2%, 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 25 May 2024.

Questions about 2406, Madison Residency Barsha Heights

What did unit 2406 last sell for?

AED 1,179,513 on 23 May 2010: AED 902 per sqft for 1,307 sqft. The unit has 2 registered sales; the first was AED 1,124,333 in June 2009.

What is the rent for unit 2406?

AED 72,600 a year on the contract renewed on 25 May 2024. The previous contract, from May 2023, was AED 66,000; the unit has been rented since April 2021.

How big is unit 2406?

1,307 sqft (121.4 sqm): a two-bedroom apartment on the 24th floor of a 26-storey tower completed in 2009.

What is unit 2406 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 2406, Madison Residency Barsha Heights

Starts from the last sale price (AED 1.18M, 23 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,179,513
Deposit, UAE resident (20%)
AED 235,903
Deposit, non-resident (40%)
AED 471,805
Monthly over 25 years at 3.7%
AED 4,826

Plus AED 54,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →