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Studio · 653 sqftMadison Residency Barsha Heights, Barsha Heights · 13th floor · completed 2009

1308, Madison Residency Barsha Heights

Sold prices and rental history: sold 4 times, last in January 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1308 · DLD and Ejari recordsUpdated 9 January 2024
Last soldAED 660K9 January 2024
Current rentAED 50K /yr1 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1308, Madison Residency Barsha Heights

What is 1308 worth today?

Last sold for AED 660,000 in 2024

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9 Jan 2024SoldReady
AED 660,000AED 1,010 per sqft
1 Apr 2023RentedNew contract
AED 50,000/yr12 months · AED 76 per sqft
10 Mar 2021RentedNew contract
AED 36,000/yr12 months · AED 55 per sqft
10 Sep 2019RentedRenewal
AED 49,000/yr12 months · AED 75 per sqft
10 Sep 2018RentedRenewal
AED 55,500/yr12 months · AED 85 per sqft
10 Sep 2017RentedRenewal
AED 62,500/yr12 months · AED 95 per sqft
5 Oct 2016SoldReady
AED 650,000AED 995 per sqft
10 Sep 2016RentedNew contract
AED 67,500/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 9 January 2024.

Key facts

Type
Studio apartment
Size
653 sqft
Floor
13th of 26
Parking
G-50
Developer
Deyaar
Completed
2009
Service charge
AED 13,500 /yr
Last sold
AED 660K · January 2024
Building
Madison Residency Barsha Heights

About 1308, Madison Residency Barsha Heights

1308 is a studio of 653 sqft on the 13th floor of Madison Residency Barsha Heights, a 26-storey tower in Barsha Heights completed in 2009 by Deyaar. It last sold on 9 January 2024 for AED 660,000, or AED 1,010 per sqft, 7% above the AED 942 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 April 2023, is AED 50,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 13,500 a year.

Sales and rents for 1308 over time

Sales
Unit 1308, 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, July 2009: AED 605,560 (AED 927 per sqft)Sold, July 2010: AED 640,560 (AED 980 per sqft)Sold, October 2016: AED 650,000 (AED 995 per sqft)Sold, January 2024: AED 660,000 (AED 1,010 per sqft)

1308 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1308, 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 50,000 a yearNew contract, September 2014: AED 70,000 a yearRenewal, September 2015: AED 70,000 a yearNew contract, September 2016: AED 67,500 a yearRenewal, September 2017: AED 62,500 a yearRenewal, September 2018: AED 55,500 a yearRenewal, September 2019: AED 49,000 a yearNew contract, March 2021: AED 36,000 a yearNew contract, April 2023: AED 50,000 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 1308 sits

All 159 studios →

1308 last sold in January 2024 at AED 1,010 per sqft, 7% above what studios in Madison Residency Barsha Heights were fetching at the time (AED 942). 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. 1308's AED 50,000 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 →

Other units on the 13th floor

All 310 units in Madison Residency Barsha Heights
Value
1301StudioAED 525K · May 2010
13021-bedAED 675K · Nov 2011
1303StudioAED 619K · Nov 2012
1304StudioAED 544K · Apr 2013
13051-bedAED 645K · Mar 2013
1306StudioAED 700K · Jul 2025
1307StudioAED 850K · Apr 2025
1–7 of 15

1308, Madison Residency Barsha Heights in numbers

  • Sold 4 times: first on 16 July 2009 for AED 605,560, last on 9 January 2024 for AED 660,000 (AED 1,010 per sqft).
  • Rented since May 2013 on 9 Ejari contracts. The rent fell from AED 50,000 to AED 36,000 in 2021 and recovered to AED 50,000 by April 2023.
  • At AED 50,000 a year the gross yield on the 2024 price is 7.6%, 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 9 January 2024.

Questions about 1308, Madison Residency Barsha Heights

What did unit 1308 last sell for?

AED 660,000 on 9 January 2024: AED 1,010 per sqft for 653 sqft. The unit has 4 registered sales; the first was AED 605,560 in July 2009.

What is the rent for unit 1308?

AED 50,000 a year on the contract signed on 1 April 2023. The previous contract, from March 2021, was AED 36,000; the unit has been rented since May 2013.

How big is unit 1308?

653 sqft (60.7 sqm): a studio on the 13th floor of a 26-storey tower completed in 2009.

What is unit 1308 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 1308, Madison Residency Barsha Heights

Starts from the last sale price (AED 660K, 9 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 660,000
Deposit, UAE resident (20%)
AED 132,000
Deposit, non-resident (40%)
AED 264,000
Monthly over 25 years at 3.7%
AED 2,700

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