2-bed · 1,300 sqftMadison Residency Barsha Heights, Barsha Heights · 15th floor · completed 2009

1503, Madison Residency Barsha Heights

Sold prices and rental history: sold 3 times, last in November 2014, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 7 October 2021
Last soldAED 1.57M26 November 2014
Current rentAED 65K /yr7 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Madison Residency Barsha Heights

What is 1503 worth today?

Last sold for AED 1,570,000 in 2014

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7 Oct 2021RentedRenewal
AED 65,000/yr12 months · AED 50 per sqft
7 Oct 2020RentedNew contract
AED 65,000/yr12 months · AED 50 per sqft
26 Nov 2014SoldReady
AED 1,570,000AED 1,207 per sqft
21 Jun 2011SoldReady
AED 592,569AED 455 per sqft
5 Aug 2009Sold by developerOff-plan
AED 592,568AED 455 per sqft

Source: Dubai Land Department. Updated 7 October 2021.

Key facts

Type
2-bed apartment
Size
1,300 sqft
Floor
15th of 26
Parking
B2-053
Developer
Deyaar
Completed
2009
Service charge
AED 27,000 /yr
Last sold
AED 1.57M · November 2014

About 1503, Madison Residency Barsha Heights

1503 is a two-bedroom apartment of 1,300 sqft on the 15th floor of Madison Residency Barsha Heights, a 26-storey tower in Barsha Heights completed in 2009 by Deyaar. It last sold on 26 November 2014 for AED 1,570,000, or AED 1,207 per sqft, 7% above the AED 1,128 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 7 October 2021, is AED 65,000 a year: a gross yield of 4.1% on the 2014 price, before the service charge of about AED 27,000 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical two-bed in Madison Residency Barsha Heights
500K1M1.5M2009201420192024Typical 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, August 2009: AED 592,568 (AED 455 per sqft)Sold, June 2011: AED 592,569 (AED 455 per sqft)Sold, November 2014: AED 1,570,000 (AED 1,207 per sqft)

1503 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1503, each contractTypical two-bed in Madison Residency Barsha Heights
75K100K2012201620202024Typical 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, October 2020: AED 65,000 a yearRenewal, October 2021: AED 65,000 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 1503 sits

All 99 2-beds →

1503 last sold in November 2014 at AED 1,207 per sqft, 7% above what two-beds in Madison Residency Barsha Heights were fetching at the time (AED 1,128). 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. 1503's AED 65,000 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
15012-bedAED 1.42M · Nov 2025
15022-bedAED 1.1M · Jul 2018
15042-bedAED 1.52M · Jul 2025
15052-bedAED 1.5M · May 2015
15062-bedAED 840K · Aug 2022
15072-bedAED 1.22M · Oct 2013
15082-bedAED 1.6M · Sep 2024

1503, Madison Residency Barsha Heights in numbers

  • Sold 3 times: first on 5 August 2009 for AED 592,568, last on 26 November 2014 for AED 1,570,000 (AED 1,207 per sqft).
  • Rented since October 2020 on 2 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2014 price is 4.1%, 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 7 October 2021.

Questions about 1503, Madison Residency Barsha Heights

What did unit 1503 last sell for?

AED 1,570,000 on 26 November 2014: AED 1,207 per sqft for 1,300 sqft. The unit has 3 registered sales; the first was AED 592,568 in August 2009.

What is the rent for unit 1503?

AED 65,000 a year on the contract renewed on 7 October 2021. The previous contract, from October 2020, was AED 65,000.

How big is unit 1503?

1,300 sqft (120.8 sqm): a two-bedroom apartment on the 15th floor of a 26-storey tower completed in 2009.

What is unit 1503 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.

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Mortgage on 1503, Madison Residency Barsha Heights

Starts from the last sale price (AED 1.57M, 26 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,570,000
Deposit, UAE resident (20%)
AED 314,000
Deposit, non-resident (40%)
AED 628,000
Monthly over 25 years at 3.7%
AED 6,423

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