2-bed · 1,307 sqftMadison Residency Barsha Heights, Barsha Heights · 25th floor · completed 2009

2504, Madison Residency Barsha Heights

Sold prices and rental history: sold twice, last in May 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2504 · DLD and Ejari recordsUpdated 20 July 2017
Last soldAED 1.22M24 May 2010
Current rentAED 110K /yr20 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2504, Madison Residency Barsha Heights

What is 2504 worth today?

Last sold for AED 1,218,157 in 2010

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20 Jul 2017RentedRenewal
AED 110,000/yr12 months · AED 84 per sqft
20 Jul 2016RentedNew contract
AED 110,000/yr12 months · AED 84 per sqft
17 Jul 2015RentedNew contract
AED 110,000/yr12 months · AED 84 per sqft
17 Jul 2014RentedRenewal
AED 90,000/yr12 months · AED 69 per sqft
17 Jul 2013RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
15 Jun 2012RentedNew contract
AED 70,000/yr12 months · AED 54 per sqft
24 May 2010SoldReady
AED 1,218,157AED 931 per sqft
7 Jun 2009Sold by developerOff-plan
AED 1,183,157AED 905 per sqft

Source: Dubai Land Department. Updated 20 July 2017.

Key facts

Type
2-bed apartment
Size
1,307 sqft
Floor
25th of 26
Parking
B1-024
Developer
Deyaar
Completed
2009
Service charge
AED 27,100 /yr
Last sold
AED 1.22M · May 2010

About 2504, Madison Residency Barsha Heights

2504 is a two-bedroom apartment of 1,307 sqft on the 25th floor of Madison Residency Barsha Heights, a 26-storey tower in Barsha Heights completed in 2009 by Deyaar. It last sold on 24 May 2010 for AED 1,218,157, or AED 931 per sqft, 7% above the AED 873 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 20 July 2017, is AED 110,000 a year: a gross yield of 9.0% on the 2010 price, before the service charge of about AED 27,100 a year.

Sales and rents for 2504 over time

Sales
Unit 2504, 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 1,183,157 (AED 905 per sqft)Sold, May 2010: AED 1,218,157 (AED 931 per sqft)

2504 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2504, 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, June 2012: AED 70,000 a yearNew contract, July 2013: AED 90,000 a yearRenewal, July 2014: AED 90,000 a yearNew contract, July 2015: AED 110,000 a yearNew contract, July 2016: AED 110,000 a yearRenewal, July 2017: AED 110,000 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 2504 sits

All 99 2-beds →

2504 last sold in May 2010 at AED 931 per sqft, 7% above what two-beds in Madison Residency Barsha Heights were fetching at the time (AED 873). 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. 2504's AED 110,000 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
25012-bedAED 1.38M · Mar 2024
25022-bedAED 1.15M · Aug 2023
25032-bedAED 1.6M · Aug 2016
25052-bedAED 1M · Jan 2022
25062-bedAED 1.25M · Feb 2024
25072-bedAED 1.25M · Mar 2013
25082-bedAED 1.22M · Oct 2011

2504, Madison Residency Barsha Heights in numbers

  • Sold twice: first on 7 June 2009 for AED 1,183,157, last on 24 May 2010 for AED 1,218,157 (AED 931 per sqft).
  • Rented since June 2012 on 6 Ejari contracts, from AED 70,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2010 price is 9.0%, 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 20 July 2017.

Questions about 2504, Madison Residency Barsha Heights

What did unit 2504 last sell for?

AED 1,218,157 on 24 May 2010: AED 931 per sqft for 1,307 sqft. The unit has 2 registered sales; the first was AED 1,183,157 in June 2009.

What is the rent for unit 2504?

AED 110,000 a year on the contract renewed on 20 July 2017. The previous contract, from July 2016, was AED 110,000; the unit has been rented since June 2012.

How big is unit 2504?

1,307 sqft (121.4 sqm): a two-bedroom apartment on the 25th floor of a 26-storey tower completed in 2009.

What is unit 2504 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 2504, Madison Residency Barsha Heights

Starts from the last sale price (AED 1.22M, 24 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,218,157
Deposit, UAE resident (20%)
AED 243,631
Deposit, non-resident (40%)
AED 487,263
Monthly over 25 years at 3.7%
AED 4,984

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