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

1216, Madison Residency Barsha Heights

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1216 · DLD and Ejari recordsUpdated 15 January 2026
Last soldAED 603K7 June 2009
Current rentAED 58K /yr15 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1216, Madison Residency Barsha Heights

What is 1216 worth today?

Last sold for AED 602,901 in 2009

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15 Jan 2026RentedRenewal
AED 57,750/yr12 months · AED 88 per sqft
15 Jan 2025RentedNew contract
AED 55,000/yr12 months · AED 84 per sqft
1 Dec 2024RentedRenewal
AED 42,000/yr12 months · AED 64 per sqft
1 Dec 2023RentedRenewal
AED 45,000/yr12 months · AED 69 per sqft
1 Dec 2022RentedRenewal
AED 40,700/yr12 months · AED 62 per sqft
1 Dec 2021RentedNew contract
AED 37,000/yr12 months · AED 56 per sqft
15 Nov 2020RentedNew contract
AED 34,000/yr12 months · AED 52 per sqft
5 Feb 2020RentedNew contract
AED 42,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 15 January 2026.

Key facts

Type
Studio apartment
Size
653 sqft
Floor
12th of 26
Parking
B1-075
Developer
Deyaar
Completed
2009
Service charge
AED 13,500 /yr
Last sold
AED 603K · June 2009

About 1216, Madison Residency Barsha Heights

1216 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. The developer sold it on 7 June 2009 for AED 602,901, or AED 923 per sqft, in line with the AED 908 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 15 January 2026, is AED 57,750 a year: a gross yield of 9.6% on the 2009 price, before the service charge of about AED 13,500 a year.

Sales and rents for 1216 over time

Sales
Unit 1216, 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 602,901 (AED 923 per sqft)

1216 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1216, 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, December 2014: AED 65,000 a yearNew contract, December 2015: AED 65,000 a yearRenewal, December 2016: AED 65,000 a yearNew contract, December 2018: AED 50,000 a yearNew contract, February 2020: AED 42,000 a yearNew contract, November 2020: AED 34,000 a yearNew contract, December 2021: AED 37,000 a yearRenewal, December 2022: AED 40,700 a yearRenewal, December 2023: AED 45,000 a yearRenewal, December 2024: AED 42,000 a yearNew contract, January 2025: AED 55,000 a yearRenewal, January 2026: AED 57,750 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 1216 sits

All 159 studios →

1216 last sold in June 2009 at AED 923 per sqft, in line with what studios in Madison Residency Barsha Heights were fetching at the time (AED 908). 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. 1216's AED 57,750 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
1203StudioAED 479K · Nov 2010
1204StudioAED 765K · Nov 2024
12051-bedAED 965K · Jul 2024
1206StudioAED 740K · Feb 2014
1207StudioAED 760K · Apr 2025
1–7 of 14

1216, Madison Residency Barsha Heights in numbers

  • Sold once: by Deyaar on 7 June 2009 for AED 602,901, or AED 923 per sqft.
  • Rented since December 2014 on 12 Ejari contracts. The rent fell from AED 65,000 to AED 34,000 in 2020 and recovered to AED 57,750 by January 2026.
  • At AED 57,750 a year the gross yield on the 2009 price is 9.6%, 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 15 January 2026.

Questions about 1216, Madison Residency Barsha Heights

What did unit 1216 last sell for?

AED 602,901 on 7 June 2009, sold by the developer: AED 923 per sqft for 653 sqft. It is the only registered sale of the unit.

What is the rent for unit 1216?

AED 57,750 a year on the contract renewed on 15 January 2026. The previous contract, from January 2025, was AED 55,000; the unit has been rented since December 2014.

How big is unit 1216?

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

What is unit 1216 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 1216, Madison Residency Barsha Heights

Starts from the last sale price (AED 603K, 7 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 602,901
Deposit, UAE resident (20%)
AED 120,580
Deposit, non-resident (40%)
AED 241,160
Monthly over 25 years at 3.7%
AED 2,467

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