Studio · 653 sqftMadison Residency Barsha Heights, Barsha Heights · 12th floor · completed 2009

1203, Madison Residency Barsha Heights

Sold prices and rental history: sold 3 times, last in November 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 13 March 2026
Last soldAED 479K24 November 2010
Current rentAED 53K /yr13 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Madison Residency Barsha Heights

What is 1203 worth today?

Last sold for AED 479,376 in 2010

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13 Mar 2026RentedRenewal
AED 52,500/yr12 months · AED 80 per sqft
13 Mar 2025RentedRenewal
AED 50,000/yr12 months · AED 77 per sqft
13 Mar 2024RentedRenewal
AED 45,000/yr12 months · AED 69 per sqft
13 Mar 2023RentedRenewal
AED 43,500/yr12 months · AED 67 per sqft
13 Mar 2022RentedNew contract
AED 41,000/yr12 months · AED 63 per sqft
14 Mar 2021RentedNew contract
AED 37,000/yr12 months · AED 57 per sqft
14 Mar 2020RentedRenewal
AED 48,000/yr12 months · AED 73 per sqft
14 Mar 2019RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 13 March 2026.

Key facts

Type
Studio apartment
Size
653 sqft
Floor
12th of 26
Parking
B2-123
Developer
Deyaar
Completed
2009
Service charge
AED 13,500 /yr
Last sold
AED 479K · November 2010

About 1203, Madison Residency Barsha Heights

1203 is a studio of 653 sqft on the 12th floor of Madison Residency Barsha Heights, a 26-storey tower in Barsha Heights completed in 2009 by Deyaar. It last sold on 24 November 2010 for AED 479,376, or AED 733 per sqft, 26% below the AED 984 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 13 March 2026, is AED 52,500 a year: a gross yield of 10.9% on the 2010 price, before the service charge of about AED 13,500 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical studio in Madison Residency Barsha Heights
400K600K800K2009201420192024Typical sale price by year: 2009 AED 572,989; 2010 AED 629,557; 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 600,000; 2020 AED 500,000; 2021 AED 450,000; 2022 AED 500,000; 2023 AED 580,000; 2024 AED 697,500; 2025 AED 787,500; 2026 AED 800,000Sold by developer, June 2009: AED 586,283 (AED 897 per sqft)Sold, November 2010: AED 479,376 (AED 733 per sqft)Sold, November 2010: AED 723,968 (AED 1,108 per sqft)

1203 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1203, 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 47,750; 2020 AED 39,500; 2021 AED 36,000; 2022 AED 40,000; 2023 AED 45,000; 2024 AED 56,500; 2025 AED 61,000; 2026 AED 62,000New contract, May 2013: AED 38,000 a yearRenewal, May 2014: AED 38,007 a yearNew contract, June 2015: AED 65,000 a yearRenewal, June 2016: AED 65,000 a yearNew contract, September 2017: AED 55,000 a yearNew contract, October 2018: AED 50,000 a yearNew contract, March 2019: AED 50,000 a yearRenewal, March 2020: AED 48,000 a yearNew contract, March 2021: AED 37,000 a yearNew contract, March 2022: AED 41,000 a yearRenewal, March 2023: AED 43,500 a yearRenewal, March 2024: AED 45,000 a yearRenewal, March 2025: AED 50,000 a yearRenewal, March 2026: AED 52,500 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 1203 sits

All 159 studios →

1203 last sold in November 2010 at AED 733 per sqft, 26% below what studios in Madison Residency Barsha Heights were fetching at the time (AED 984). Over the last 12 months studios sold for AED 680,000 to 935,000, around AED 1,224 per sqft, and rent for AED 40,000 to 99,750 a year. 1203's AED 52,500 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Sep 2026680,000
21 Aug 2026800,000
15 Jul 2026810,000
27 Feb 2026800,000
6 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. 18 sold in the last 12 months.

Typical price per sqft
AED 1,190 Down 0.3%
Typical sale
AED 1.35M
Typical rent
AED 68K /yr
Typical yield
8.0%
Madison Residency Barsha Heights, Barsha Heights: prices, sales and rents →
Value
1201StudioAED 525K · Sep 2023
12021-bedAED 802K · Jan 2023
1204StudioAED 765K · Nov 2024
12051-bedAED 965K · Jul 2024
1206StudioAED 740K · Feb 2014
1207StudioAED 760K · Apr 2025
1208StudioAED 525K · Nov 2018
1–7 of 14

1203, Madison Residency Barsha Heights in numbers

  • Sold 3 times: first on 7 June 2009 for AED 586,283, last on 24 November 2010 for AED 479,376 (AED 733 per sqft).
  • Rented since May 2013 on 14 Ejari contracts, from AED 38,000 to AED 52,500 a year.
  • At AED 52,500 a year the gross yield on the 2010 price is 10.9%, 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 680,000–935,000 in the 12 months to November 2026; the building's median across all types is AED 1,190 per sqft.

Source: Dubai Land Department. Updated 13 March 2026.

Questions about 1203, Madison Residency Barsha Heights

What did unit 1203 last sell for?

AED 479,376 on 24 November 2010: AED 733 per sqft for 653 sqft. The unit has 3 registered sales; the first was AED 586,283 in June 2009.

What is the rent for unit 1203?

AED 52,500 a year on the contract renewed on 13 March 2026. The previous contract, from March 2025, was AED 50,000; the unit has been rented since May 2013.

How big is unit 1203?

653 sqft (60.7 sqm): a studio on the 12th floor of a 26-storey tower completed in 2009.

What is unit 1203 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 680,000 to 935,000 in the last 12 months, around AED 1,224 per sqft.

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Mortgage on 1203, Madison Residency Barsha Heights

Starts from the last sale price (AED 479K, 24 November 2010). Switch to today's estimate once you have unlocked it.
Price
AED 479,376
Deposit, UAE resident (20%)
AED 95,875
Deposit, non-resident (40%)
AED 191,750
Monthly over 25 years at 3.7%
AED 1,961

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →