2-bed · 1,300 sqftMadison Residency Barsha Heights, Barsha Heights · 17th floor · completed 2009

1705, Madison Residency Barsha Heights

Sold prices and rental history: sold twice, last in January 2011, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1705 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 578K26 January 2011
Current rentAED 83K /yr10 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1705, Madison Residency Barsha Heights

What is 1705 worth today?

Last sold for AED 578,182 in 2011

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10 Sep 2024RentedRenewal
AED 83,349/yr12 months · AED 64 per sqft
10 Sep 2023RentedRenewal
AED 79,380/yr12 months · AED 61 per sqft
10 Sep 2022RentedNew contract
AED 75,600/yr12 months · AED 58 per sqft
10 Sep 2021RentedRenewal
AED 72,720/yr12 months · AED 56 per sqft
10 Sep 2020RentedNew contract
AED 68,000/yr12 months · AED 52 per sqft
27 Jul 2019RentedRenewal
AED 84,750/yr12 months · AED 65 per sqft
28 Jul 2018RentedRenewal
AED 88,245/yr12 months · AED 68 per sqft
28 Jul 2017RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type
2-bed apartment
Size
1,300 sqft
Floor
17th of 26
Parking
B2-055
Developer
Deyaar
Completed
2009
Service charge
AED 27,000 /yr
Last sold
AED 578K · January 2011

About 1705, Madison Residency Barsha Heights

1705 is a two-bedroom apartment of 1,300 sqft on the 17th floor of Madison Residency Barsha Heights, a 26-storey tower in Barsha Heights completed in 2009 by Deyaar. It last sold on 26 January 2011 for AED 578,182, or AED 444 per sqft, 51% below the AED 898 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 10 September 2024, is AED 83,349 a year: a gross yield of 14.4% on the 2011 price, before the service charge of about AED 27,000 a year.

Sales and rents for 1705 over time

Sales
Unit 1705, 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 578,182 (AED 444 per sqft)Sold, January 2011: AED 578,182 (AED 444 per sqft)

1705 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1705, 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 2017: AED 90,000 a yearRenewal, July 2018: AED 88,245 a yearRenewal, July 2019: AED 84,750 a yearNew contract, September 2020: AED 68,000 a yearRenewal, September 2021: AED 72,720 a yearNew contract, September 2022: AED 75,600 a yearRenewal, September 2023: AED 79,380 a yearRenewal, September 2024: AED 83,349 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 1705 sits

All 99 2-beds →

1705 last sold in January 2011 at AED 444 per sqft, 51% below what two-beds in Madison Residency Barsha Heights were fetching at the time (AED 898). 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. 1705's AED 83,349 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
17012-bedAED 800K · May 2012
17022-bedAED 945K · Apr 2022
17032-bedAED 615K · Dec 2010
17042-bedAED 1.16M · Dec 2012
17062-bedAED 1.48M · Nov 2024
17072-bedAED 1.58M · Jul 2016
17082-bedAED 1.16M · Nov 2011

1705, Madison Residency Barsha Heights in numbers

  • Sold twice: first on 5 August 2009 for AED 578,182, last on 26 January 2011 for AED 578,182 (AED 444 per sqft).
  • Rented since July 2017 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 68,000 in 2020 and recovered to AED 83,349 by September 2024.
  • At AED 83,349 a year the gross yield on the 2011 price is 14.4%, 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 September 2024.

Questions about 1705, Madison Residency Barsha Heights

What did unit 1705 last sell for?

AED 578,182 on 26 January 2011: AED 444 per sqft for 1,300 sqft. The unit has 2 registered sales; the first was AED 578,182 in August 2009.

What is the rent for unit 1705?

AED 83,349 a year on the contract renewed on 10 September 2024. The previous contract, from September 2023, was AED 79,380; the unit has been rented since July 2017.

How big is unit 1705?

1,300 sqft (120.8 sqm): a two-bedroom apartment on the 17th floor of a 26-storey tower completed in 2009.

What is unit 1705 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 1705, Madison Residency Barsha Heights

Starts from the last sale price (AED 578K, 26 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 578,182
Deposit, UAE resident (20%)
AED 115,636
Deposit, non-resident (40%)
AED 231,273
Monthly over 25 years at 3.7%
AED 2,366

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