2-bed · 1,300 sqftMadison Residency Barsha Heights, Barsha Heights · 24th floor · completed 2009

2407, Madison Residency Barsha Heights

Sold prices and rental history: sold 3 times, last in December 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2407 · DLD and Ejari recordsUpdated 20 August 2024
Last soldAED 950K27 December 2022
Current rentAED 100K /yr20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2407, Madison Residency Barsha Heights

What is 2407 worth today?

Last sold for AED 950,000 in 2022

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20 Aug 2024RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
7 Jul 2023RentedNew contract
AED 115,000/yr12 months · AED 88 per sqft
27 Dec 2022SoldReady
AED 950,000AED 730 per sqft
10 Apr 2022RentedNew contract
AED 75,000/yr12 months · AED 58 per sqft
12 Jul 2015RentedNew contract
AED 115,000/yr12 months · AED 88 per sqft
30 May 2011SoldReady
AED 622,399AED 478 per sqft
5 Aug 2009Sold by developerOff-plan
AED 604,899AED 465 per sqft

Source: Dubai Land Department. Updated 20 August 2024.

Key facts

Type
2-bed apartment
Size
1,300 sqft
Floor
24th of 26
Parking
B1-074
Developer
Deyaar
Completed
2009
Service charge
AED 27,000 /yr
Last sold
AED 950K · December 2022

About 2407, Madison Residency Barsha Heights

2407 is a two-bedroom apartment of 1,300 sqft on the 24th floor of Madison Residency Barsha Heights, a 26-storey tower in Barsha Heights completed in 2009 by Deyaar. It last sold on 27 December 2022 for AED 950,000, or AED 730 per sqft, in line with the AED 722 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 20 August 2024, is AED 100,000 a year: a gross yield of 10.5% on the 2022 price, before the service charge of about AED 27,000 a year.

Sales and rents for 2407 over time

Sales
Unit 2407, 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 604,899 (AED 465 per sqft)Sold, May 2011: AED 622,399 (AED 478 per sqft)Sold, December 2022: AED 950,000 (AED 730 per sqft)

2407 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2407, 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 2015: AED 115,000 a yearNew contract, April 2022: AED 75,000 a yearNew contract, July 2023: AED 115,000 a yearNew contract, August 2024: AED 100,000 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 2407 sits

All 99 2-beds →

2407 last sold in December 2022 at AED 730 per sqft, in line with what two-beds in Madison Residency Barsha Heights were fetching at the time (AED 722). 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. 2407's AED 100,000 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
24012-bedAED 1.25M · Mar 2013
24022-bedAED 1M · Nov 2022
24032-bedAED 1.56M · Feb 2025
24042-bedAED 1.5M · Oct 2025
24052-bedAED 1.1M · Jul 2023
24062-bedAED 1.42M · Aug 2026
24082-bedAED 1.55M · Jan 2026

2407, Madison Residency Barsha Heights in numbers

  • Sold 3 times: first on 5 August 2009 for AED 604,899, last on 27 December 2022 for AED 950,000 (AED 730 per sqft).
  • Rented since July 2015 on 4 Ejari contracts. The rent fell from AED 115,000 to AED 75,000 in 2022 and recovered to AED 100,000 by August 2024.
  • At AED 100,000 a year the gross yield on the 2022 price is 10.5%, 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 20 August 2024.

Questions about 2407, Madison Residency Barsha Heights

What did unit 2407 last sell for?

AED 950,000 on 27 December 2022: AED 730 per sqft for 1,300 sqft. The unit has 3 registered sales; the first was AED 604,899 in August 2009.

What is the rent for unit 2407?

AED 100,000 a year on the contract signed on 20 August 2024. The previous contract, from July 2023, was AED 115,000; the unit has been rented since July 2015.

How big is unit 2407?

1,300 sqft (120.8 sqm): a two-bedroom apartment on the 24th floor of a 26-storey tower completed in 2009.

What is unit 2407 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 2407, Madison Residency Barsha Heights

Starts from the last sale price (AED 950K, 27 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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