2-bed · 1,300 sqftMadison Residency Barsha Heights, Barsha Heights · 20th floor · completed 2009

2007, Madison Residency Barsha Heights

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

Unit 2007 · DLD and Ejari recordsUpdated 1 October 2018
Last soldAED 1.5M18 March 2014
Current rentAED 93K /yr1 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2007, Madison Residency Barsha Heights

What is 2007 worth today?

Last sold for AED 1,500,000 in 2014

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1 Oct 2018RentedNew contract
AED 93,000/yr12 months · AED 71 per sqft
21 Apr 2018RentedRenewal
AED 110,000/yr12 months · AED 84 per sqft
21 Apr 2017RentedRenewal
AED 120,000/yr12 months · AED 92 per sqft
21 Apr 2016RentedNew contract
AED 115,000/yr12 months · AED 88 per sqft
8 Apr 2015RentedNew contract
AED 129,640/yr12 months · AED 100 per sqft
8 Apr 2014RentedNew contract
AED 129,640/yr12 months · AED 100 per sqft
18 Mar 2014SoldReady
AED 1,500,000AED 1,153 per sqft
2 Sep 2013SoldReady
AED 1,583,634AED 1,218 per sqft

Source: Dubai Land Department. Updated 1 October 2018.

Key facts

Type
2-bed apartment
Size
1,300 sqft
Floor
20th of 26
Parking
B2-060, G-13
Developer
Deyaar
Completed
2009
Service charge
AED 27,000 /yr
Last sold
AED 1.5M · March 2014

About 2007, Madison Residency Barsha Heights

2007 is a two-bedroom apartment of 1,300 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 18 March 2014 for AED 1,500,000, or AED 1,153 per sqft, 23% above the AED 939 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 1 October 2018, is AED 93,000 a year: a gross yield of 6.2% on the 2014 price, before the service charge of about AED 27,000 a year.

Sales and rents for 2007 over time

Sales
Unit 2007, 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, May 2010: AED 1,483,634 (AED 1,141 per sqft)Sold, September 2013: AED 1,583,634 (AED 1,218 per sqft)Sold, March 2014: AED 1,500,000 (AED 1,153 per sqft)

2007 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2007, each contractTypical two-bed in Madison Residency Barsha Heights
100K2012201620202024Typical 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, April 2014: AED 129,640 a yearNew contract, April 2015: AED 129,640 a yearNew contract, April 2016: AED 115,000 a yearRenewal, April 2017: AED 120,000 a yearRenewal, April 2018: AED 110,000 a yearNew contract, October 2018: AED 93,000 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 2007 sits

All 99 2-beds →

2007 last sold in March 2014 at AED 1,153 per sqft, 23% above what two-beds in Madison Residency Barsha Heights were fetching at the time (AED 939). 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. 2007's AED 93,000 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
20022-bedAED 1.5M · Oct 2024
20032-bedAED 1.23M · Jul 2010
20042-bedAED 1.2M · Jul 2010
20052-bedAED 1.24M · Mar 2017
20062-bedAED 1.48M · Jun 2014
20082-bedAED 1.18M · Mar 2013

2007, Madison Residency Barsha Heights in numbers

  • Sold 3 times: first on 10 May 2010 for AED 1,483,634, last on 18 March 2014 for AED 1,500,000 (AED 1,153 per sqft).
  • Rented since April 2014 on 6 Ejari contracts, from AED 129,640 to AED 93,000 a year.
  • At AED 93,000 a year the gross yield on the 2014 price is 6.2%, 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 1 October 2018.

Questions about 2007, Madison Residency Barsha Heights

What did unit 2007 last sell for?

AED 1,500,000 on 18 March 2014: AED 1,153 per sqft for 1,300 sqft. The unit has 3 registered sales; the first was AED 1,483,634 in May 2010.

What is the rent for unit 2007?

AED 93,000 a year on the contract signed on 1 October 2018. The previous contract, from April 2018, was AED 110,000; the unit has been rented since April 2014.

How big is unit 2007?

1,300 sqft (120.8 sqm): a two-bedroom apartment on the 20th floor of a 26-storey tower completed in 2009.

What is unit 2007 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 2007, Madison Residency Barsha Heights

Starts from the last sale price (AED 1.5M, 18 March 2014). 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 →