Studio · 653 sqftMadison Residency Barsha Heights, Barsha Heights · 6th floor · completed 2009

603, Madison Residency Barsha Heights

Sold prices and rental history: sold once, by the developer in July 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 14 May 2025
Last soldAED 643K24 July 2011
Current rentAED 52K /yr14 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Madison Residency Barsha Heights

What is 603 worth today?

Last sold for AED 643,248 in 2011

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14 May 2025RentedRenewal
AED 52,000/yr12 months · AED 79 per sqft
14 May 2024RentedRenewal
AED 49,450/yr12 months · AED 75 per sqft
14 May 2023RentedNew contract
AED 43,000/yr12 months · AED 65 per sqft
14 May 2022RentedRenewal
AED 39,600/yr12 months · AED 60 per sqft
14 May 2020RentedRenewal
AED 42,500/yr12 months · AED 65 per sqft
14 May 2019RentedRenewal
AED 50,000/yr12 months · AED 76 per sqft
14 May 2017RentedRenewal
AED 60,000/yr12 months · AED 91 per sqft
14 May 2016RentedRenewal
AED 60,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 14 May 2025.

Key facts

Type
Studio apartment
Size
653 sqft
Floor
6th of 26
Parking
B2-087
Developer
Deyaar
Completed
2009
Service charge
AED 13,500 /yr
Last sold
AED 643K · July 2011

About 603, Madison Residency Barsha Heights

603 is a studio of 653 sqft on the 6th floor of Madison Residency Barsha Heights, a 26-storey tower in Barsha Heights completed in 2009 by Deyaar. The developer sold it on 24 July 2011 for AED 643,248, or AED 984 per sqft, in line with the AED 966 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 14 May 2025, is AED 52,000 a year: a gross yield of 8.1% on the 2011 price, before the service charge of about AED 13,500 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical studio in Madison Residency Barsha Heights
400K600K800K2009201420192024Typical sale price by year: 2009 AED 572,989; 2010 AED 629,076; 2011 AED 479,376; 2012 AED 551,224; 2013 AED 572,500; 2014 AED 740,000; 2015 AED 681,484; 2016 AED 650,000; 2017 AED 685,000; 2018 AED 607,500; 2020 AED 500,000; 2021 AED 450,000; 2022 AED 492,500; 2023 AED 590,000; 2024 AED 697,500; 2025 AED 785,000Sold by developer, July 2011: AED 643,248 (AED 984 per sqft)

603 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 603, each contractTypical studio in Madison Residency Barsha Heights
40K60K2012201620202024Typical rent by year: 2012 AED 39,500; 2013 AED 45,000; 2014 AED 55,000; 2015 AED 65,000; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 53,000; 2019 AED 46,500; 2020 AED 39,000; 2021 AED 36,000; 2022 AED 40,000; 2023 AED 47,000; 2024 AED 56,000; 2025 AED 60,500; 2026 AED 65,000New contract, May 2013: AED 50,000 a yearNew contract, May 2014: AED 55,000 a yearRenewal, May 2016: AED 60,000 a yearRenewal, May 2017: AED 60,000 a yearRenewal, May 2019: AED 50,000 a yearRenewal, May 2020: AED 42,500 a yearRenewal, May 2022: AED 39,600 a yearNew contract, May 2023: AED 43,000 a yearRenewal, May 2024: AED 49,450 a yearRenewal, May 2025: AED 52,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Madison Residency Barsha Heights, and where 603 sits

All 154 studios →

603 last sold in July 2011 at AED 984 per sqft, in line with what studios in Madison Residency Barsha Heights were fetching at the time (AED 966). Over the last 12 months studios sold for AED 775,000 to 935,000, around AED 1,289 per sqft, and rent for AED 42,000 to 80,000 a year. 603's AED 52,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
11 Dec 2025775,000
29 Jul 2025686,000
10 Jul 2025700,000
7 Jul 2025850,000
2 studio 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
601StudioAED 570K · Oct 2013
6021-bedAED 930K · Oct 2013
604StudioAED 550K · Aug 2024
6051-bedAED 633K · Jun 2009
606StudioAED 656K · Aug 2024
607StudioAED 658K · Dec 2012
608StudioAED 820K · Apr 2025
1–7 of 15

603, Madison Residency Barsha Heights in numbers

  • Sold once: by Deyaar on 24 July 2011 for AED 643,248, or AED 984 per sqft.
  • Rented since May 2013 on 10 Ejari contracts. The rent fell from AED 50,000 to AED 39,600 in 2022 and recovered to AED 52,000 by May 2025.
  • At AED 52,000 a year the gross yield on the 2011 price is 8.1%, before a service charge of about AED 13,500 a year (AED 20.74 per sqft).
  • Studios in Madison Residency Barsha Heights sold for AED 775,000–935,000 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 14 May 2025.

Questions about 603, Madison Residency Barsha Heights

What did unit 603 last sell for?

AED 643,248 on 24 July 2011, sold by the developer: AED 984 per sqft for 653 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 52,000 a year on the contract renewed on 14 May 2025. The previous contract, from May 2024, was AED 49,450; the unit has been rented since May 2013.

How big is unit 603?

653 sqft (60.7 sqm): a studio on the 6th floor of a 26-storey tower completed in 2009.

What is unit 603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Madison Residency Barsha Heights sold for AED 775,000 to 935,000 in the last 12 months, around AED 1,289 per sqft.

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Mortgage on 603, Madison Residency Barsha Heights

Starts from the last sale price (AED 643K, 24 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 643,248
Deposit, UAE resident (20%)
AED 128,650
Deposit, non-resident (40%)
AED 257,299
Monthly over 25 years at 3.7%
AED 2,632

Plus AED 32,026 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →