2-bed · 1,300 sqftMadison Residency Barsha Heights, Barsha Heights · 14th floor · completed 2009

1403, Madison Residency Barsha Heights

Sold prices and rental history: sold 5 times, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 26 April 2024
Last soldAED 1.42M26 April 2024
Current rentAED 66K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Madison Residency Barsha Heights

What is 1403 worth today?

Last sold for AED 1,420,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

26 Apr 2024SoldReady
AED 1,420,000AED 1,092 per sqft
4 Oct 2023SoldReady
AED 1,050,000AED 807 per sqft
15 Aug 2022SoldReady
AED 900,000AED 692 per sqft
1 Aug 2022RentedNew contract
AED 66,000/yr12 months · AED 51 per sqft
1 Aug 2021RentedNew contract
AED 60,000/yr12 months · AED 46 per sqft
1 Nov 2020RentedRenewal
AED 72,000/yr13 months · AED 55 per sqft
1 Nov 2019RentedNew contract
AED 72,000/yr12 months · AED 55 per sqft
15 Jul 2018RentedNew contract
AED 84,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 26 April 2024.

Key facts

Type
2-bed apartment
Size
1,300 sqft
Floor
14th of 26
Parking
B1-076
Developer
Deyaar
Completed
2009
Service charge
AED 27,000 /yr
Last sold
AED 1.42M · April 2024

About 1403, Madison Residency Barsha Heights

1403 is a two-bedroom apartment of 1,300 sqft on the 14th floor of Madison Residency Barsha Heights, a 26-storey tower in Barsha Heights completed in 2009 by Deyaar. It last sold on 26 April 2024 for AED 1,420,000, or AED 1,092 per sqft, 20% above the AED 910 two-beds 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 August 2022, is AED 66,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 27,000 a year.

Sales and rents for 1403 over time

Sales
Unit 1403, each saleTypical two-bed in Madison Residency Barsha Heights
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,131,017; 2010 AED 1,182,609; 2011 AED 793,154; 2012 AED 1,163,344; 2013 AED 1,220,137; 2014 AED 1,462,500; 2015 AED 1,447,500; 2016 AED 1,225,000; 2017 AED 1,281,250; 2021 AED 870,000; 2022 AED 945,000; 2023 AED 1,125,000; 2024 AED 1,507,500; 2025 AED 1,507,500; 2026 AED 1,420,000Sold by developer, June 2009: AED 1,182,396 (AED 909 per sqft)Sold, November 2012: AED 1,217,396 (AED 936 per sqft)Sold, August 2022: AED 900,000 (AED 692 per sqft)Sold, October 2023: AED 1,050,000 (AED 807 per sqft)Sold, April 2024: AED 1,420,000 (AED 1,092 per sqft)

1403 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1403, each contractTypical two-bed in Madison Residency Barsha Heights
100K200K2012201620202024Typical rent by year: 2012 AED 73,250; 2013 AED 82,251; 2014 AED 102,500; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 100,000; 2018 AED 88,245; 2019 AED 80,000; 2020 AED 67,000; 2021 AED 65,000; 2022 AED 70,000; 2023 AED 85,000; 2024 AED 105,000; 2025 AED 110,000; 2026 AED 109,000New contract, August 2013: AED 100,000 a yearNew contract, June 2014: AED 216,000 a yearNew contract, October 2014: AED 144,000 a yearNew contract, October 2017: AED 113,000 a yearNew contract, July 2018: AED 84,000 a yearNew contract, November 2019: AED 72,000 a yearRenewal, November 2020: AED 72,000 a yearNew contract, August 2021: AED 60,000 a yearNew contract, August 2022: AED 66,000 a year

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

2-beds in Madison Residency Barsha Heights, and where 1403 sits

All 99 2-beds →

1403 last sold in April 2024 at AED 1,092 per sqft, 20% above what two-beds in Madison Residency Barsha Heights were fetching at the time (AED 910). Over the last 12 months two-beds sold for AED 1,300,000 to 1,620,000, around AED 1,147 per sqft, and rent for AED 50,000 to 230,000 a year. 1403's AED 66,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Oct 20261,560,000
7 Oct 20261,350,000
18 Sep 20261,350,000
26 Aug 20261,420,000
11 2-bed 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
14012-bedAED 591K · Jul 2011
14022-bedAED 1.27M · May 2013
14042-bedAED 578K · Jan 2012
14052-bedAED 591K · Aug 2011
1406StudioAED 479K · Jan 2011
14072-bedAED 587K · Jul 2010
14082-bedAED 1.59M · Aug 2014

1403, Madison Residency Barsha Heights in numbers

  • Sold 5 times: first on 7 June 2009 for AED 1,182,396, last on 26 April 2024 for AED 1,420,000 (AED 1,092 per sqft).
  • Rented since August 2013 on 9 Ejari contracts, from AED 100,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 27,000 a year (AED 20.74 per sqft).
  • Two-beds in Madison Residency Barsha Heights sold for AED 1,300,000–1,620,000 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 26 April 2024.

Questions about 1403, Madison Residency Barsha Heights

What did unit 1403 last sell for?

AED 1,420,000 on 26 April 2024: AED 1,092 per sqft for 1,300 sqft. The unit has 5 registered sales; the first was AED 1,182,396 in June 2009.

What is the rent for unit 1403?

AED 66,000 a year on the contract signed on 1 August 2022. The previous contract, from August 2021, was AED 60,000; the unit has been rented since August 2013.

How big is unit 1403?

1,300 sqft (120.8 sqm): a two-bedroom apartment on the 14th floor of a 26-storey tower completed in 2009.

What is unit 1403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Madison Residency Barsha Heights sold for AED 1,300,000 to 1,620,000 in the last 12 months, around AED 1,147 per sqft.

Selling 1403? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1403, Madison Residency Barsha Heights

Starts from the last sale price (AED 1.42M, 26 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,420,000
Deposit, UAE resident (20%)
AED 284,000
Deposit, non-resident (40%)
AED 568,000
Monthly over 25 years at 3.7%
AED 5,810

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