2-bed · 1,307 sqftMadison Residency Barsha Heights, Barsha Heights · 17th floor · completed 2009

1706, Madison Residency Barsha Heights

Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1706 · DLD and Ejari recordsUpdated 27 November 2024
Last soldAED 1.48M27 November 2024
Current rentAED 80K /yr12 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1706, Madison Residency Barsha Heights

What is 1706 worth today?

Last sold for AED 1,475,000 in 2024

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27 Nov 2024SoldReady
AED 1,475,000AED 1,128 per sqft
12 Jan 2024RentedRenewal
AED 80,000/yr12 months · AED 61 per sqft
12 Jan 2023RentedNew contract
AED 80,000/yr12 months · AED 61 per sqft
29 Nov 2022SoldReady
AED 930,000AED 711 per sqft
3 Jan 2022RentedNew contract
AED 75,000/yr12 months · AED 57 per sqft
1 Jan 2021RentedNew contract
AED 65,500/yr12 months · AED 50 per sqft
1 Jan 2020RentedRenewal
AED 74,000/yr12 months · AED 57 per sqft
1 Jan 2019RentedNew contract
AED 80,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 27 November 2024.

Key facts

Type
2-bed apartment
Size
1,307 sqft
Floor
17th of 26
Parking
G-38
Developer
Deyaar
Completed
2009
Service charge
AED 27,100 /yr
Last sold
AED 1.48M · November 2024

About 1706, Madison Residency Barsha Heights

1706 is a two-bedroom apartment of 1,307 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 27 November 2024 for AED 1,475,000, or AED 1,128 per sqft, in line with the AED 1,147 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 12 January 2024, is AED 80,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 27,100 a year.

Sales and rents for 1706 over time

Sales
Unit 1706, 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 1,161,766 (AED 888 per sqft)Sold, December 2014: AED 1,196,766 (AED 915 per sqft)Sold, November 2022: AED 930,000 (AED 711 per sqft)Sold, November 2024: AED 1,475,000 (AED 1,128 per sqft)

1706 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1706, 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, August 2012: AED 72,000 a yearNew contract, August 2013: AED 84,000 a yearNew contract, August 2014: AED 100,000 a yearRenewal, August 2015: AED 105,000 a yearRenewal, August 2016: AED 108,000 a yearRenewal, August 2017: AED 105,000 a yearNew contract, January 2019: AED 80,000 a yearRenewal, January 2020: AED 74,000 a yearNew contract, January 2021: AED 65,500 a yearNew contract, January 2022: AED 75,000 a yearNew contract, January 2023: AED 80,000 a yearRenewal, January 2024: 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 1706 sits

All 99 2-beds →

1706 last sold in November 2024 at AED 1,128 per sqft, in line with what two-beds in Madison Residency Barsha Heights were fetching at the time (AED 1,147). 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. 1706'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
17012-bedAED 800K · May 2012
17022-bedAED 945K · Apr 2022
17032-bedAED 615K · Dec 2010
17042-bedAED 1.16M · Dec 2012
17052-bedAED 578K · Jan 2011
17072-bedAED 1.58M · Jul 2016
17082-bedAED 1.16M · Nov 2011

1706, Madison Residency Barsha Heights in numbers

  • Sold 4 times: first on 7 June 2009 for AED 1,161,766, last on 27 November 2024 for AED 1,475,000 (AED 1,128 per sqft).
  • Rented since August 2012 on 12 Ejari contracts, from AED 72,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 5.4%, 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 27 November 2024.

Questions about 1706, Madison Residency Barsha Heights

What did unit 1706 last sell for?

AED 1,475,000 on 27 November 2024: AED 1,128 per sqft for 1,307 sqft. The unit has 4 registered sales; the first was AED 1,161,766 in June 2009.

What is the rent for unit 1706?

AED 80,000 a year on the contract renewed on 12 January 2024. The previous contract, from January 2023, was AED 80,000; the unit has been rented since August 2012.

How big is unit 1706?

1,307 sqft (121.4 sqm): a two-bedroom apartment on the 17th floor of a 26-storey tower completed in 2009.

What is unit 1706 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 1706, Madison Residency Barsha Heights

Starts from the last sale price (AED 1.48M, 27 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,475,000
Deposit, UAE resident (20%)
AED 295,000
Deposit, non-resident (40%)
AED 590,000
Monthly over 25 years at 3.7%
AED 6,035

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