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

2006, Madison Residency Barsha Heights

Sold prices and rental history: sold 3 times, last in June 2014, and rented once, from August 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2006 · DLD and Ejari recordsUpdated 1 June 2014
Last soldAED 1.48M1 June 2014
Current rentAED 83K /yr1 August 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2006, Madison Residency Barsha Heights

What is 2006 worth today?

Last sold for AED 1,475,000 in 2014

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1 Jun 2014SoldReady
AED 1,475,000AED 1,128 per sqft
1 Aug 2013RentedNew contract
AED 82,500/yr12 months · AED 63 per sqft
22 Jun 2010SoldReady
AED 1,171,365AED 896 per sqft
13 Aug 2009Sold by developerOff-plan
AED 1,136,365AED 869 per sqft

Source: Dubai Land Department. Updated 1 June 2014.

Key facts

Type
2-bed apartment
Size
1,307 sqft
Floor
20th of 26
Parking
B1-047
Developer
Deyaar
Completed
2009
Service charge
AED 27,100 /yr
Last sold
AED 1.48M · June 2014

About 2006, Madison Residency Barsha Heights

2006 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 1 June 2014 for AED 1,475,000, or AED 1,128 per sqft, 19% above the AED 947 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2013. The current contract, signed on 1 August 2013, is AED 82,500 a year: a gross yield of 5.6% on the 2014 price, before the service charge of about AED 27,100 a year.

Sales and rents for 2006 over time

Sales
Unit 2006, 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, August 2009: AED 1,136,365 (AED 869 per sqft)Sold, June 2010: AED 1,171,365 (AED 896 per sqft)Sold, June 2014: AED 1,475,000 (AED 1,128 per sqft)

2006 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2006, 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 2013: AED 82,500 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 2006 sits

All 99 2-beds →

2006 last sold in June 2014 at AED 1,128 per sqft, 19% above what two-beds in Madison Residency Barsha Heights were fetching at the time (AED 947). 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. 2006's AED 82,500 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
20022-bedAED 1.5M · Oct 2024
20032-bedAED 1.23M · Jul 2010
20042-bedAED 1.2M · Jul 2010
20052-bedAED 1.24M · Mar 2017
20072-bedAED 1.5M · Mar 2014
20082-bedAED 1.18M · Mar 2013

2006, Madison Residency Barsha Heights in numbers

  • Sold 3 times: first on 13 August 2009 for AED 1,136,365, last on 1 June 2014 for AED 1,475,000 (AED 1,128 per sqft).
  • Rented since August 2013 on one Ejari contract, at AED 82,500 a year.
  • At AED 82,500 a year the gross yield on the 2014 price is 5.6%, 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 1 June 2014.

Questions about 2006, Madison Residency Barsha Heights

What did unit 2006 last sell for?

AED 1,475,000 on 1 June 2014: AED 1,128 per sqft for 1,307 sqft. The unit has 3 registered sales; the first was AED 1,136,365 in August 2009.

What is the rent for unit 2006?

AED 82,500 a year on the contract signed on 1 August 2013.

How big is unit 2006?

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 2006 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 2006, Madison Residency Barsha Heights

Starts from the last sale price (AED 1.48M, 1 June 2014). 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 →