2-bed · 1,307 sqftMadison Residency Barsha Heights, Barsha Heights · 16th floor · completed 2009

1602, Madison Residency Barsha Heights

Sold prices and rental history: sold 4 times, last in May 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 7 October 2026
Last soldAED 1.4M25 May 2015
Current rentAED 80K /yr7 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Madison Residency Barsha Heights

What is 1602 worth today?

Last sold for AED 1,400,000 in 2015

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7 Oct 2026RentedNew contract
AED 80,000/yr12 months · AED 61 per sqft
1 Aug 2025RentedRenewal
AED 108,000/yr12 months · AED 83 per sqft
1 Aug 2025RentedRenewal
AED 108,000/yr12 months · AED 83 per sqft
1 Aug 2024RentedNew contract
AED 108,000/yr12 months · AED 83 per sqft
5 May 2023RentedRenewal
AED 73,700/yr12 months · AED 57 per sqft
5 May 2022RentedNew contract
AED 67,000/yr12 months · AED 51 per sqft
20 Apr 2021RentedNew contract
AED 60,000/yr12 months · AED 46 per sqft
15 Jan 2020RentedRenewal
AED 70,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 7 October 2026.

Key facts

Type
2-bed apartment
Size
1,307 sqft
Floor
16th of 26
Parking
B2-047
Developer
Deyaar
Completed
2009
Service charge
AED 27,100 /yr
Last sold
AED 1.4M · May 2015

About 1602, Madison Residency Barsha Heights

1602 is a two-bedroom apartment of 1,307 sqft on the 16th floor of Madison Residency Barsha Heights, a 26-storey tower in Barsha Heights completed in 2009 by Deyaar. It last sold on 25 May 2015 for AED 1,400,000, or AED 1,070 per sqft, 5% below the AED 1,128 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, signed on 7 October 2026, is AED 80,000 a year: a gross yield of 5.7% on the 2015 price, before the service charge of about AED 27,100 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, 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, July 2009: AED 855,000 (AED 654 per sqft)Sold, July 2009: AED 855,000 (AED 654 per sqft)Sold, August 2014: AED 1,155,669 (AED 884 per sqft)Sold, May 2015: AED 1,400,000 (AED 1,070 per sqft)

1602 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1602, 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, January 2015: AED 110,000 a yearNew contract, January 2017: AED 110,000 a yearNew contract, January 2018: AED 90,000 a yearRenewal, January 2019: AED 70,000 a yearRenewal, January 2020: AED 70,000 a yearNew contract, April 2021: AED 60,000 a yearNew contract, May 2022: AED 67,000 a yearRenewal, May 2023: AED 73,700 a yearNew contract, August 2024: AED 108,000 a yearRenewal, August 2025: AED 108,000 a yearRenewal, August 2025: AED 108,000 a yearNew contract, October 2026: AED 80,000 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 1602 sits

All 99 2-beds →

1602 last sold in May 2015 at AED 1,070 per sqft, 5% below 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. 1602's AED 80,000 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
16012-bedAED 1.55M · Jun 2024
16032-bedAED 1.35M · Jun 2024
16042-bedAED 1.22M · Jan 2016
16052-bedAED 1.8M · Oct 2024
16062-bedAED 1.62M · Feb 2026
16072-bedAED 609K · Aug 2010
16082-bedAED 1.43M · Aug 2015

1602, Madison Residency Barsha Heights in numbers

  • Sold 4 times: first on 30 July 2009 for AED 855,000, last on 25 May 2015 for AED 1,400,000 (AED 1,070 per sqft).
  • Rented since January 2015 on 12 Ejari contracts. The rent fell from AED 110,000 to AED 60,000 in 2021 and recovered to AED 80,000 by October 2026.
  • At AED 80,000 a year the gross yield on the 2015 price is 5.7%, before a service charge of about AED 27,100 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 2026.

Questions about 1602, Madison Residency Barsha Heights

What did unit 1602 last sell for?

AED 1,400,000 on 25 May 2015: AED 1,070 per sqft for 1,307 sqft. The unit has 4 registered sales; the first was AED 855,000 in July 2009.

What is the rent for unit 1602?

AED 80,000 a year on the contract signed on 7 October 2026. The previous contract, from August 2025, was AED 108,000; the unit has been rented since January 2015.

How big is unit 1602?

1,307 sqft (121.4 sqm): a two-bedroom apartment on the 16th floor of a 26-storey tower completed in 2009.

What is unit 1602 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 1602, Madison Residency Barsha Heights

Starts from the last sale price (AED 1.4M, 25 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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