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

316, Madison Residency Barsha Heights

Sold prices and rental history: sold 3 times, last in January 2024, and rented once, from February 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 10 January 2024
Last soldAED 650K10 January 2024
Current rentAED 63K /yr25 February 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Madison Residency Barsha Heights

What is 316 worth today?

Last sold for AED 650,000 in 2024

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10 Jan 2024SoldReady
AED 650,000AED 995 per sqft
21 Jun 2016SoldReady
AED 650,000AED 995 per sqft
25 Feb 2016RentedNew contract
AED 63,000/yr12 months · AED 96 per sqft
12 Mar 2015Sold by developerReady
AED 681,484AED 1,043 per sqft

Source: Dubai Land Department. Updated 10 January 2024.

Key facts

Type
Studio apartment
Size
653 sqft
Floor
3rd of 26
Parking
B1-133
Developer
Deyaar
Completed
2009
Service charge
AED 13,500 /yr
Last sold
AED 650K · January 2024

About 316, Madison Residency Barsha Heights

316 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 10 January 2024 for AED 650,000, or AED 995 per sqft, 6% above the AED 943 studios in the building were fetching at the time.

One Ejari contract is registered, from 25 February 2016. The current contract, signed on 25 February 2016, is AED 63,000 a year: a gross yield of 9.7% on the 2024 price, before the service charge of about AED 13,500 a year.

Sales and rents for 316 over time

Sales
Unit 316, 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, March 2015: AED 681,484 (AED 1,043 per sqft)Sold, June 2016: AED 650,000 (AED 995 per sqft)Sold, January 2024: AED 650,000 (AED 995 per sqft)

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

Rents
Unit 316, 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, February 2016: AED 63,000 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 316 sits

All 159 studios →

316 last sold in January 2024 at AED 995 per sqft, 6% above what studios in Madison Residency Barsha Heights were fetching at the time (AED 943). 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. 316's AED 63,000 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

316, Madison Residency Barsha Heights in numbers

  • Sold 3 times: first on 12 March 2015 for AED 681,484, last on 10 January 2024 for AED 650,000 (AED 995 per sqft).
  • Rented since February 2016 on one Ejari contract, at AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2024 price is 9.7%, 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 10 January 2024.

Questions about 316, Madison Residency Barsha Heights

What did unit 316 last sell for?

AED 650,000 on 10 January 2024: AED 995 per sqft for 653 sqft. The unit has 3 registered sales; the first was AED 681,484 in March 2015.

What is the rent for unit 316?

AED 63,000 a year on the contract signed on 25 February 2016.

How big is unit 316?

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

What is unit 316 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 316, Madison Residency Barsha Heights

Starts from the last sale price (AED 650K, 10 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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