2-bed · 1,307 sqftMadison Residency Barsha Heights, Barsha Heights · 20th floor · completed 2009

2002, Madison Residency Barsha Heights

Sold prices and rental history: sold 5 times, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2002 · DLD and Ejari recordsUpdated 14 October 2024
Last soldAED 1.5M14 October 2024
Current rentAED 90K /yr21 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2002, Madison Residency Barsha Heights

What is 2002 worth today?

Last sold for AED 1,500,000 in 2024

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14 Oct 2024SoldReady
AED 1,500,000AED 1,147 per sqft
21 Mar 2023RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
4 Feb 2022RentedNew contract
AED 65,000/yr12 months · AED 50 per sqft
4 Feb 2021RentedNew contract
AED 62,000/yr12 months · AED 48 per sqft
17 Jan 2019RentedRenewal
AED 90,000/yr12 months · AED 69 per sqft
17 Jan 2017RentedRenewal
AED 110,000/yr12 months · AED 84 per sqft
17 Jan 2016RentedNew contract
AED 110,000/yr12 months · AED 84 per sqft
12 Nov 2014SoldReady
AED 1,462,500AED 1,118 per sqft

Source: Dubai Land Department. Updated 14 October 2024.

Key facts

Type
2-bed apartment
Size
1,307 sqft
Floor
20th of 26
Parking
B2-001
Developer
Deyaar
Completed
2009
Service charge
AED 27,100 /yr
Last sold
AED 1.5M · October 2024

About 2002, Madison Residency Barsha Heights

2002 is a two-bedroom apartment of 1,307 sqft on the 20th floor of Madison Residency Barsha Heights, a 26-storey tower in Barsha Heights completed in 2009 by Deyaar. It last sold on 14 October 2024 for AED 1,500,000, or AED 1,147 per sqft, 3% above the AED 1,112 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 21 March 2023, is AED 90,000 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 27,100 a year.

Sales and rents for 2002 over time

Sales
Unit 2002, 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 1,136,365 (AED 869 per sqft)Sold, February 2011: AED 1,166,365 (AED 892 per sqft)Sold, May 2013: AED 1,175,000 (AED 898 per sqft)Sold, November 2014: AED 1,462,500 (AED 1,118 per sqft)Sold, October 2024: AED 1,500,000 (AED 1,147 per sqft)

2002 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2002, 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, September 2013: AED 70,000 a yearNew contract, September 2014: AED 80,000 a yearNew contract, January 2016: AED 110,000 a yearRenewal, January 2017: AED 110,000 a yearRenewal, January 2019: AED 90,000 a yearNew contract, February 2021: AED 62,000 a yearNew contract, February 2022: AED 65,000 a yearNew contract, March 2023: AED 90,000 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 2002 sits

All 99 2-beds →

2002 last sold in October 2024 at AED 1,147 per sqft, 3% above what two-beds in Madison Residency Barsha Heights were fetching at the time (AED 1,112). 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. 2002's AED 90,000 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
20012-bedAED 800K · May 2012
20032-bedAED 1.23M · Jul 2010
20042-bedAED 1.2M · Jul 2010
20052-bedAED 1.24M · Mar 2017
20062-bedAED 1.48M · Jun 2014
20072-bedAED 1.5M · Mar 2014
20082-bedAED 1.18M · Mar 2013

2002, Madison Residency Barsha Heights in numbers

  • Sold 5 times: first on 16 July 2009 for AED 1,136,365, last on 14 October 2024 for AED 1,500,000 (AED 1,147 per sqft).
  • Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 62,000 in 2021 and recovered to AED 90,000 by March 2023.
  • At AED 90,000 a year the gross yield on the 2024 price is 6.0%, 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 14 October 2024.

Questions about 2002, Madison Residency Barsha Heights

What did unit 2002 last sell for?

AED 1,500,000 on 14 October 2024: AED 1,147 per sqft for 1,307 sqft. The unit has 5 registered sales; the first was AED 1,136,365 in July 2009.

What is the rent for unit 2002?

AED 90,000 a year on the contract signed on 21 March 2023. The previous contract, from February 2022, was AED 65,000; the unit has been rented since September 2013.

How big is unit 2002?

1,307 sqft (121.4 sqm): a two-bedroom apartment on the 20th floor of a 26-storey tower completed in 2009.

What is unit 2002 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 2002, Madison Residency Barsha Heights

Starts from the last sale price (AED 1.5M, 14 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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