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

1507, Madison Residency Barsha Heights

Sold prices and rental history: sold twice, last in October 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 1.22M3 October 2013
Current rentAED 73K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, Madison Residency Barsha Heights

What is 1507 worth today?

Last sold for AED 1,220,137 in 2013

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1 Feb 2023RentedRenewal
AED 72,600/yr12 months · AED 56 per sqft
1 Feb 2022RentedRenewal
AED 66,000/yr12 months · AED 51 per sqft
1 Feb 2021RentedNew contract
AED 60,000/yr12 months · AED 46 per sqft
1 Nov 2019RentedNew contract
AED 70,000/yr12 months · AED 54 per sqft
1 Aug 2018RentedRenewal
AED 92,000/yr12 months · AED 71 per sqft
1 Aug 2017RentedRenewal
AED 105,000/yr12 months · AED 81 per sqft
1 Aug 2016RentedNew contract
AED 105,000/yr12 months · AED 81 per sqft
10 Jul 2015RentedRenewal
AED 125,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 1 February 2023.

Key facts

Type
2-bed apartment
Size
1,300 sqft
Floor
15th of 26
Parking
G-43
Developer
Deyaar
Completed
2009
Service charge
AED 27,000 /yr
Last sold
AED 1.22M · October 2013

About 1507, Madison Residency Barsha Heights

1507 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 3 October 2013 for AED 1,220,137, or AED 938 per sqft, in line with the AED 921 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 1 February 2023, is AED 72,600 a year: a gross yield of 5.9% on the 2013 price, before the service charge of about AED 27,000 a year.

Sales and rents for 1507 over time

Sales
Unit 1507, 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 1,185,137 (AED 911 per sqft)Sold, October 2013: AED 1,220,137 (AED 938 per sqft)

1507 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1507, each contractTypical two-bed in Madison Residency Barsha Heights
50K100K2012201620202024Typical 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, December 2012: AED 82,000 a yearNew contract, December 2013: AED 82,002 a yearNew contract, July 2014: AED 125,000 a yearRenewal, July 2015: AED 125,000 a yearNew contract, August 2016: AED 105,000 a yearRenewal, August 2017: AED 105,000 a yearRenewal, August 2018: AED 92,000 a yearNew contract, November 2019: AED 70,000 a yearNew contract, February 2021: AED 60,000 a yearRenewal, February 2022: AED 66,000 a yearRenewal, February 2023: AED 72,600 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 1507 sits

All 99 2-beds →

1507 last sold in October 2013 at AED 938 per sqft, in line with what two-beds in Madison Residency Barsha Heights were fetching at the time (AED 921). 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. 1507's AED 72,600 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
15052-bedAED 1.5M · May 2015
15062-bedAED 840K · Aug 2022
15082-bedAED 1.6M · Sep 2024

1507, Madison Residency Barsha Heights in numbers

  • Sold twice: first on 7 June 2009 for AED 1,185,137, last on 3 October 2013 for AED 1,220,137 (AED 938 per sqft).
  • Rented since December 2012 on 11 Ejari contracts. The rent fell from AED 82,000 to AED 60,000 in 2021 and recovered to AED 72,600 by February 2023.
  • At AED 72,600 a year the gross yield on the 2013 price is 5.9%, 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 1 February 2023.

Questions about 1507, Madison Residency Barsha Heights

What did unit 1507 last sell for?

AED 1,220,137 on 3 October 2013: AED 938 per sqft for 1,300 sqft. The unit has 2 registered sales; the first was AED 1,185,137 in June 2009.

What is the rent for unit 1507?

AED 72,600 a year on the contract renewed on 1 February 2023. The previous contract, from February 2022, was AED 66,000; the unit has been rented since December 2012.

How big is unit 1507?

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 1507 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 1507, Madison Residency Barsha Heights

Starts from the last sale price (AED 1.22M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,220,137
Deposit, UAE resident (20%)
AED 244,027
Deposit, non-resident (40%)
AED 488,055
Monthly over 25 years at 3.7%
AED 4,992

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