Studio · 653 sqftMadison Residency Barsha Heights, Barsha Heights · 8th floor · completed 2009

803, Madison Residency Barsha Heights

Sold prices and rental history: sold 7 times, last in March 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 28 March 2024
Last soldAED 750K28 March 2024
Current rentAED 65K /yr22 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Madison Residency Barsha Heights

What is 803 worth today?

Last sold for AED 750,000 in 2024

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28 Mar 2024SoldReady
AED 750,000AED 1,148 per sqft
22 Dec 2023RentedNew contract
AED 65,000/yr12 months · AED 100 per sqft
28 Nov 2022RentedNew contract
AED 42,000/yr12 months · AED 64 per sqft
2 Jun 2022SoldReady
AED 500,000AED 765 per sqft
28 Nov 2021RentedNew contract
AED 40,000/yr12 months · AED 61 per sqft
29 Nov 2020RentedRenewal
AED 36,000/yr12 months · AED 55 per sqft
1 Jul 2015RentedNew contract
AED 66,000/yr12 months · AED 101 per sqft
27 Nov 2013SoldReady
AED 690,000AED 1,056 per sqft

Source: Dubai Land Department. Updated 28 March 2024.

Key facts

Type
Studio apartment
Size
653 sqft
Floor
8th of 26
Parking
B2-073
Developer
Deyaar
Completed
2009
Service charge
AED 13,500 /yr
Last sold
AED 750K · March 2024

About 803, Madison Residency Barsha Heights

803 is a studio of 653 sqft on the 8th floor of Madison Residency Barsha Heights, a 26-storey tower in Barsha Heights completed in 2009 by Deyaar. It last sold on 28 March 2024 for AED 750,000, or AED 1,148 per sqft, 18% above the AED 970 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 22 December 2023, is AED 65,000 a year: a gross yield of 8.7% on the 2024 price, before the service charge of about AED 13,500 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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, June 2009: AED 580,965 (AED 889 per sqft)Sold, December 2010: AED 693,968 (AED 1,062 per sqft)Sold, January 2011: AED 479,376 (AED 733 per sqft)Sold, November 2012: AED 460,000 (AED 704 per sqft)Sold, November 2013: AED 690,000 (AED 1,056 per sqft)Sold, June 2022: AED 500,000 (AED 765 per sqft)Sold, March 2024: AED 750,000 (AED 1,148 per sqft)

803 has sold 7 times; the dashed line is the studio median of each year in the building.

Rents
Unit 803, 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 45,000 a yearNew contract, July 2015: AED 66,000 a yearRenewal, November 2020: AED 36,000 a yearNew contract, November 2021: AED 40,000 a yearNew contract, November 2022: AED 42,000 a yearNew contract, December 2023: AED 65,000 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 803 sits

All 154 studios →

803 last sold in March 2024 at AED 1,148 per sqft, 18% above what studios in Madison Residency Barsha Heights were fetching at the time (AED 970). 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. 803's AED 65,000 is in the upper 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
801StudioAED 630K · Dec 2010
8021-bedAED 715K · Feb 2013
804StudioAED 479K · Jan 2011
8051-bedAED 666K · Jun 2013
806StudioAED 525K · Jun 2009
807StudioAED 600K · Jun 2018
808StudioAED 700K · Jun 2024
1–7 of 15

803, Madison Residency Barsha Heights in numbers

  • Sold 7 times: first on 7 June 2009 for AED 580,965, last on 28 March 2024 for AED 750,000 (AED 1,148 per sqft).
  • Rented since May 2013 on 6 Ejari contracts. The rent fell from AED 45,000 to AED 36,000 in 2020 and recovered to AED 65,000 by December 2023.
  • At AED 65,000 a year the gross yield on the 2024 price is 8.7%, 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 28 March 2024.

Questions about 803, Madison Residency Barsha Heights

What did unit 803 last sell for?

AED 750,000 on 28 March 2024: AED 1,148 per sqft for 653 sqft. The unit has 7 registered sales; the first was AED 580,965 in June 2009.

What is the rent for unit 803?

AED 65,000 a year on the contract signed on 22 December 2023. The previous contract, from November 2022, was AED 42,000; the unit has been rented since May 2013.

How big is unit 803?

653 sqft (60.7 sqm): a studio on the 8th floor of a 26-storey tower completed in 2009.

What is unit 803 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 803, Madison Residency Barsha Heights

Starts from the last sale price (AED 750K, 28 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

Plus AED 36,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →