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

1505, Madison Residency Barsha Heights

Sold prices and rental history: sold 3 times, last in May 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 10 October 2018
Last soldAED 1.5M18 May 2015
Current rentAED 90K /yr10 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, Madison Residency Barsha Heights

What is 1505 worth today?

Last sold for AED 1,500,000 in 2015

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10 Oct 2018RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
25 Sep 2017RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
18 May 2015SoldReady
AED 1,500,000AED 1,153 per sqft
15 Jul 2013RentedNew contract
AED 80,000/yr12 months · AED 61 per sqft
18 Jul 2010SoldReady
AED 590,442AED 454 per sqft
18 Oct 2009Sold by developerOff-plan
AED 575,442AED 442 per sqft

Source: Dubai Land Department. Updated 10 October 2018.

Key facts

Type
2-bed apartment
Size
1,300 sqft
Floor
15th of 26
Parking
B2-078
Developer
Deyaar
Completed
2009
Service charge
AED 27,000 /yr
Last sold
AED 1.5M · May 2015

About 1505, Madison Residency Barsha Heights

1505 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 18 May 2015 for AED 1,500,000, or AED 1,153 per sqft, in line with the AED 1,141 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 10 October 2018, is AED 90,000 a year: a gross yield of 6.0% on the 2015 price, before the service charge of about AED 27,000 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, 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, October 2009: AED 575,442 (AED 442 per sqft)Sold, July 2010: AED 590,442 (AED 454 per sqft)Sold, May 2015: AED 1,500,000 (AED 1,153 per sqft)

1505 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1505, 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, July 2013: AED 80,000 a yearNew contract, September 2017: AED 100,000 a yearNew contract, October 2018: AED 90,000 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 1505 sits

All 99 2-beds →

1505 last sold in May 2015 at AED 1,153 per sqft, in line with what two-beds in Madison Residency Barsha Heights were fetching at the time (AED 1,141). 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. 1505's AED 90,000 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
15032-bedAED 1.57M · Nov 2014
15042-bedAED 1.52M · Jul 2025
15062-bedAED 840K · Aug 2022
15072-bedAED 1.22M · Oct 2013
15082-bedAED 1.6M · Sep 2024

1505, Madison Residency Barsha Heights in numbers

  • Sold 3 times: first on 18 October 2009 for AED 575,442, last on 18 May 2015 for AED 1,500,000 (AED 1,153 per sqft).
  • Rented since July 2013 on 3 Ejari contracts, from AED 80,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2015 price is 6.0%, 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 10 October 2018.

Questions about 1505, Madison Residency Barsha Heights

What did unit 1505 last sell for?

AED 1,500,000 on 18 May 2015: AED 1,153 per sqft for 1,300 sqft. The unit has 3 registered sales; the first was AED 575,442 in October 2009.

What is the rent for unit 1505?

AED 90,000 a year on the contract signed on 10 October 2018. The previous contract, from September 2017, was AED 100,000; the unit has been rented since July 2013.

How big is unit 1505?

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 1505 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 1505, Madison Residency Barsha Heights

Starts from the last sale price (AED 1.5M, 18 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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