Studio · 527 sqftMadison Residency Barsha Heights, Barsha Heights · 3rd floor · completed 2009

309, Madison Residency Barsha Heights

Sold prices and rental history: sold 3 times, last in October 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 27 October 2022
Last soldAED 475K27 October 2022
Current rentAED 34K /yr27 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Madison Residency Barsha Heights

What is 309 worth today?

Last sold for AED 475,000 in 2022

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27 Oct 2022SoldReady
AED 475,000AED 900 per sqft
27 Feb 2021RentedNew contract
AED 34,000/yr12 months · AED 64 per sqft
15 Nov 2019RentedNew contract
AED 42,000/yr12 months · AED 80 per sqft
20 Sep 2018RentedNew contract
AED 45,000/yr12 months · AED 85 per sqft
10 Oct 2017RentedRenewal
AED 55,000/yr12 months · AED 104 per sqft
10 Oct 2016RentedNew contract
AED 65,000/yr12 months · AED 123 per sqft
10 Oct 2014RentedNew contract
AED 70,000/yr12 months · AED 133 per sqft
2 Aug 2011SoldReady
AED 249,427AED 472 per sqft

Source: Dubai Land Department. Updated 27 October 2022.

Key facts

Type
Studio apartment
Size
527 sqft
Floor
3rd of 26
Parking
B1-033
Developer
Deyaar
Completed
2009
Service charge
AED 10,900 /yr
Last sold
AED 475K · October 2022

About 309, Madison Residency Barsha Heights

309 is a studio of 527 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 27 October 2022 for AED 475,000, or AED 900 per sqft, 8% above the AED 836 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 27 February 2021, is AED 34,000 a year: a gross yield of 7.2% on the 2022 price, before the service charge of about AED 10,900 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical studio in Madison Residency Barsha Heights
250K500K750K2009201420192024Typical 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, August 2009: AED 249,427 (AED 472 per sqft)Sold, August 2011: AED 249,427 (AED 472 per sqft)Sold, October 2022: AED 475,000 (AED 900 per sqft)

309 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 309, each contractTypical studio in Madison Residency Barsha Heights
40K60K2012201620202024Typical 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, October 2014: AED 70,000 a yearNew contract, October 2016: AED 65,000 a yearRenewal, October 2017: AED 55,000 a yearNew contract, September 2018: AED 45,000 a yearNew contract, November 2019: AED 42,000 a yearNew contract, February 2021: AED 34,000 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 309 sits

All 159 studios →

309 last sold in October 2022 at AED 900 per sqft, 8% above what studios in Madison Residency Barsha Heights were fetching at the time (AED 836). 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. 309's AED 34,000 is at the bottom 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

309, Madison Residency Barsha Heights in numbers

  • Sold 3 times: first on 5 August 2009 for AED 249,427, last on 27 October 2022 for AED 475,000 (AED 900 per sqft).
  • Rented since October 2014 on 6 Ejari contracts, from AED 70,000 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2022 price is 7.2%, before a service charge of about AED 10,900 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 27 October 2022.

Questions about 309, Madison Residency Barsha Heights

What did unit 309 last sell for?

AED 475,000 on 27 October 2022: AED 900 per sqft for 527 sqft. The unit has 3 registered sales; the first was AED 249,427 in August 2009.

What is the rent for unit 309?

AED 34,000 a year on the contract signed on 27 February 2021. The previous contract, from November 2019, was AED 42,000; the unit has been rented since October 2014.

How big is unit 309?

527 sqft (49.0 sqm): a studio on the 3rd floor of a 26-storey tower completed in 2009.

What is unit 309 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 309, Madison Residency Barsha Heights

Starts from the last sale price (AED 475K, 27 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

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