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

311, Madison Residency Barsha Heights

Sold prices and rental history: sold twice, last in August 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 20 October 2023
Last soldAED 691K5 August 2010
Current rentAED 43K /yr20 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Madison Residency Barsha Heights

What is 311 worth today?

Last sold for AED 691,484 in 2010

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20 Oct 2023RentedRenewal
AED 43,000/yr12 months · AED 65 per sqft
20 Oct 2022RentedRenewal
AED 40,700/yr12 months · AED 62 per sqft
20 Oct 2021RentedNew contract
AED 37,000/yr12 months · AED 56 per sqft
18 Sep 2020RentedRenewal
AED 40,000/yr12 months · AED 61 per sqft
18 Sep 2019RentedNew contract
AED 49,000/yr12 months · AED 75 per sqft
18 Sep 2017RentedRenewal
AED 64,000/yr12 months · AED 97 per sqft
18 Sep 2016RentedRenewal
AED 67,000/yr12 months · AED 102 per sqft
18 Sep 2015RentedRenewal
AED 72,000/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 20 October 2023.

Key facts

Type
Studio apartment
Size
653 sqft
Floor
3rd of 26
Parking
B2-017
Developer
Deyaar
Completed
2009
Service charge
AED 13,500 /yr
Last sold
AED 691K · August 2010

About 311, Madison Residency Barsha Heights

311 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 5 August 2010 for AED 691,484, or AED 1,058 per sqft, 10% above the AED 966 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 20 October 2023, is AED 43,000 a year: a gross yield of 6.2% on the 2010 price, before the service charge of about AED 13,500 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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 631,484 (AED 966 per sqft)Sold, August 2010: AED 691,484 (AED 1,058 per sqft)

311 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 311, 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, September 2014: AED 72,000 a yearRenewal, September 2015: AED 72,000 a yearRenewal, September 2016: AED 67,000 a yearRenewal, September 2017: AED 64,000 a yearNew contract, September 2019: AED 49,000 a yearRenewal, September 2020: AED 40,000 a yearNew contract, October 2021: AED 37,000 a yearRenewal, October 2022: AED 40,700 a yearRenewal, October 2023: AED 43,000 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 311 sits

All 159 studios →

311 last sold in August 2010 at AED 1,058 per sqft, 10% above what studios in Madison Residency Barsha Heights were fetching at the time (AED 966). 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. 311's AED 43,000 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

311, Madison Residency Barsha Heights in numbers

  • Sold twice: first on 14 June 2010 for AED 631,484, last on 5 August 2010 for AED 691,484 (AED 1,058 per sqft).
  • Rented since September 2014 on 9 Ejari contracts. The rent fell from AED 72,000 to AED 37,000 in 2021 and recovered to AED 43,000 by October 2023.
  • At AED 43,000 a year the gross yield on the 2010 price is 6.2%, 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 20 October 2023.

Questions about 311, Madison Residency Barsha Heights

What did unit 311 last sell for?

AED 691,484 on 5 August 2010: AED 1,058 per sqft for 653 sqft. The unit has 2 registered sales; the first was AED 631,484 in June 2010.

What is the rent for unit 311?

AED 43,000 a year on the contract renewed on 20 October 2023. The previous contract, from October 2022, was AED 40,700; the unit has been rented since September 2014.

How big is unit 311?

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

What is unit 311 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 311, Madison Residency Barsha Heights

Starts from the last sale price (AED 691K, 5 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 691,484
Deposit, UAE resident (20%)
AED 138,297
Deposit, non-resident (40%)
AED 276,594
Monthly over 25 years at 3.7%
AED 2,829

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