Studio · 653 sqftMadison Residency Barsha Heights, Barsha Heights · 3rd floor · completed 2009

308, Madison Residency Barsha Heights

Sold prices and rental history: sold 4 times, last in October 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 31 October 2023
Last soldAED 615K31 October 2023
Current rentAED 45K /yr20 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Madison Residency Barsha Heights

What is 308 worth today?

Last sold for AED 615,000 in 2023

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31 Oct 2023SoldReady
AED 615,000AED 941 per sqft
20 Apr 2019RentedNew contract
AED 45,000/yr12 months · AED 69 per sqft
29 Aug 2017SoldReady
AED 735,000AED 1,125 per sqft
21 Feb 2017RentedNew contract
AED 60,000/yr12 months · AED 91 per sqft
1 Dec 2015RentedNew contract
AED 70,000/yr12 months · AED 107 per sqft
25 Sep 2014RentedNew contract
AED 75,000/yr12 months · AED 114 per sqft
5 Aug 2013RentedNew contract
AED 44,000/yr12 months · AED 67 per sqft
23 Apr 2012SoldReady
AED 724,720AED 1,109 per sqft

Source: Dubai Land Department. Updated 31 October 2023.

Key facts

Type
Studio apartment
Size
653 sqft
Floor
3rd of 26
Parking
B1-118
Developer
Deyaar
Completed
2009
Service charge
AED 13,500 /yr
Last sold
AED 615K · October 2023

About 308, Madison Residency Barsha Heights

308 is a studio of 653 sqft on the 3rd floor of Madison Residency Barsha Heights, a 26-storey tower in Barsha Heights completed in 2009 by Deyaar. It last sold on 31 October 2023 for AED 615,000, or AED 941 per sqft, in line with the AED 942 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 20 April 2019, is AED 45,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 13,500 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical studio in Madison Residency Barsha Heights
400K600K800K2009201420192024Typical sale price by year: 2009 AED 572,989; 2010 AED 629,557; 2011 AED 479,376; 2012 AED 551,224; 2013 AED 572,500; 2014 AED 740,000; 2015 AED 681,484; 2016 AED 650,000; 2017 AED 685,000; 2018 AED 600,000; 2020 AED 500,000; 2021 AED 450,000; 2022 AED 500,000; 2023 AED 580,000; 2024 AED 697,500; 2025 AED 787,500; 2026 AED 800,000Sold by developer, June 2010: AED 664,720 (AED 1,017 per sqft)Sold, April 2012: AED 724,720 (AED 1,109 per sqft)Sold, August 2017: AED 735,000 (AED 1,125 per sqft)Sold, October 2023: AED 615,000 (AED 941 per sqft)

308 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 308, each contractTypical studio in Madison Residency Barsha Heights
40K60K80K2012201620202024Typical rent by year: 2012 AED 39,500; 2013 AED 45,000; 2014 AED 55,000; 2015 AED 65,000; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 53,000; 2019 AED 47,750; 2020 AED 39,500; 2021 AED 36,000; 2022 AED 40,000; 2023 AED 45,000; 2024 AED 56,500; 2025 AED 61,000; 2026 AED 62,000New contract, August 2013: AED 44,000 a yearNew contract, September 2014: AED 75,000 a yearNew contract, December 2015: AED 70,000 a yearNew contract, February 2017: AED 60,000 a yearNew contract, April 2019: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Madison Residency Barsha Heights, and where 308 sits

All 159 studios →

308 last sold in October 2023 at AED 941 per sqft, in line with what studios in Madison Residency Barsha Heights were fetching at the time (AED 942). Over the last 12 months studios sold for AED 680,000 to 935,000, around AED 1,224 per sqft, and rent for AED 40,000 to 99,750 a year. 308's AED 45,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Sep 2026680,000
21 Aug 2026800,000
15 Jul 2026810,000
27 Feb 2026800,000
6 studio 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
301StudioAED 500K · Jun 2013
3021-bedAED 1M · Jun 2014
303StudioAED 700K · Dec 2013
304StudioAED 510K · Apr 2023
3051-bedAED 575K · Mar 2022
306StudioAED 485K · Nov 2022
307StudioAED 700K · Nov 2015
1–7 of 15

308, Madison Residency Barsha Heights in numbers

  • Sold 4 times: first on 15 June 2010 for AED 664,720, last on 31 October 2023 for AED 615,000 (AED 941 per sqft).
  • Rented since August 2013 on 5 Ejari contracts, from AED 44,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 7.3%, before a service charge of about AED 13,500 a year (AED 20.74 per sqft).
  • Studios in Madison Residency Barsha Heights sold for AED 680,000–935,000 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 31 October 2023.

Questions about 308, Madison Residency Barsha Heights

What did unit 308 last sell for?

AED 615,000 on 31 October 2023: AED 941 per sqft for 653 sqft. The unit has 4 registered sales; the first was AED 664,720 in June 2010.

What is the rent for unit 308?

AED 45,000 a year on the contract signed on 20 April 2019. The previous contract, from February 2017, was AED 60,000; the unit has been rented since August 2013.

How big is unit 308?

653 sqft (60.7 sqm): a studio on the 3rd floor of a 26-storey tower completed in 2009.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Madison Residency Barsha Heights sold for AED 680,000 to 935,000 in the last 12 months, around AED 1,224 per sqft.

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Mortgage on 308, Madison Residency Barsha Heights

Starts from the last sale price (AED 615K, 31 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 615,000
Deposit, UAE resident (20%)
AED 123,000
Deposit, non-resident (40%)
AED 246,000
Monthly over 25 years at 3.7%
AED 2,516

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