2-bed · 1,300 sqftMadison Residency Barsha Heights, Barsha Heights · 16th floor · completed 2009

1603, Madison Residency Barsha Heights

Sold prices and rental history: sold 4 times, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 24 June 2024
Last soldAED 1.35M24 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Madison Residency Barsha Heights

What is 1603 worth today?

Last sold for AED 1,350,000 in 2024

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24 Jun 2024SoldReady
AED 1,350,000AED 1,038 per sqft
21 Jun 2018SoldReady
AED 587,500AED 451 per sqft
3 Oct 2013SoldReady
AED 611,439AED 470 per sqft
5 Aug 2009Sold by developerOff-plan
AED 593,938AED 456 per sqft

Source: Dubai Land Department. Updated 24 June 2024.

Key facts

Type
2-bed apartment
Size
1,300 sqft
Floor
16th of 26
Parking
B1-029
Developer
Deyaar
Completed
2009
Service charge
AED 27,000 /yr
Last sold
AED 1.35M · June 2024

About 1603, Madison Residency Barsha Heights

1603 is a two-bedroom apartment of 1,300 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 24 June 2024 for AED 1,350,000, or AED 1,038 per sqft, 6% above the AED 978 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1603 over time

Sales
Unit 1603, 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 593,938 (AED 456 per sqft)Sold, October 2013: AED 611,439 (AED 470 per sqft)Sold, June 2018: AED 587,500 (AED 451 per sqft)Sold, June 2024: AED 1,350,000 (AED 1,038 per sqft)

1603 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, 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 109,000

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 1603 sits

All 99 2-beds →

1603 last sold in June 2024 at AED 1,038 per sqft, 6% above what two-beds in Madison Residency Barsha Heights were fetching at the time (AED 978). 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.

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
16022-bedAED 1.4M · May 2015
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

1603, Madison Residency Barsha Heights in numbers

  • Sold 4 times: first on 5 August 2009 for AED 593,938, last on 24 June 2024 for AED 1,350,000 (AED 1,038 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 24 June 2024.

Questions about 1603, Madison Residency Barsha Heights

What did unit 1603 last sell for?

AED 1,350,000 on 24 June 2024: AED 1,038 per sqft for 1,300 sqft. The unit has 4 registered sales; the first was AED 593,938 in August 2009.

How big is unit 1603?

1,300 sqft (120.8 sqm): a two-bedroom apartment on the 16th floor of a 26-storey tower completed in 2009.

What is unit 1603 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 1603, Madison Residency Barsha Heights

Starts from the last sale price (AED 1.35M, 24 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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