Studio · 653 sqftMadison Residency Barsha Heights, Barsha Heights · 5th floor · completed 2009

508, Madison Residency Barsha Heights

Sold prices and rental history: sold twice, last in February 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 10 March 2025
Last soldAED 760K12 February 2014
Current rentAED 62K /yr10 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Madison Residency Barsha Heights

What is 508 worth today?

Last sold for AED 760,000 in 2014

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10 Mar 2025RentedNew contract
AED 62,000/yr12 months · AED 95 per sqft
10 Mar 2025RentedNew contract
AED 62,000/yr12 months · AED 95 per sqft
20 Sep 2024RentedNew contract
AED 60,000/yr12 months · AED 92 per sqft
17 May 2019RentedRenewal
AED 53,000/yr12 months · AED 81 per sqft
17 May 2018RentedRenewal
AED 60,000/yr12 months · AED 91 per sqft
17 May 2017RentedRenewal
AED 70,000/yr12 months · AED 107 per sqft
17 May 2016RentedNew contract
AED 70,000/yr12 months · AED 107 per sqft
1 Mar 2014RentedNew contract
AED 78,000/yr12 months · AED 119 per sqft

Source: Dubai Land Department. Updated 10 March 2025.

Key facts

Type
Studio apartment
Size
653 sqft
Floor
5th of 26
Parking
B2-085
Developer
Deyaar
Completed
2009
Service charge
AED 13,500 /yr
Last sold
AED 760K · February 2014

About 508, Madison Residency Barsha Heights

508 is a studio of 653 sqft on the 5th floor of Madison Residency Barsha Heights, a 26-storey tower in Barsha Heights completed in 2009 by Deyaar. It last sold on 12 February 2014 for AED 760,000, or AED 1,163 per sqft, 21% above the AED 962 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 10 March 2025, is AED 62,000 a year: a gross yield of 8.2% on the 2014 price, before the service charge of about AED 13,500 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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, December 2011: AED 709,720 (AED 1,086 per sqft)Sold, February 2014: AED 760,000 (AED 1,163 per sqft)

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

Rents
Unit 508, 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, January 2013: AED 40,660 a yearNew contract, March 2014: AED 78,000 a yearNew contract, May 2016: AED 70,000 a yearRenewal, May 2017: AED 70,000 a yearRenewal, May 2018: AED 60,000 a yearRenewal, May 2019: AED 53,000 a yearNew contract, September 2024: AED 60,000 a yearNew contract, March 2025: AED 62,000 a yearNew contract, March 2025: AED 62,000 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 508 sits

All 159 studios →

508 last sold in February 2014 at AED 1,163 per sqft, 21% above what studios in Madison Residency Barsha Heights were fetching at the time (AED 962). 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. 508's AED 62,000 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
501StudioAED 517K · Nov 2012
5021-bedAED 850K · Feb 2024
503StudioAED 306K · Mar 2016
504StudioAED 570K · Nov 2018
5051-bedAED 700K · Jan 2012
506StudioAED 690K · Nov 2015
507StudioAED 691K · Nov 2018
1–7 of 15

508, Madison Residency Barsha Heights in numbers

  • Sold twice: first on 27 December 2011 for AED 709,720, last on 12 February 2014 for AED 760,000 (AED 1,163 per sqft).
  • Rented since January 2013 on 9 Ejari contracts, from AED 40,660 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2014 price is 8.2%, 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 10 March 2025.

Questions about 508, Madison Residency Barsha Heights

What did unit 508 last sell for?

AED 760,000 on 12 February 2014: AED 1,163 per sqft for 653 sqft. The unit has 2 registered sales; the first was AED 709,720 in December 2011.

What is the rent for unit 508?

AED 62,000 a year on the contract signed on 10 March 2025. The previous contract, from March 2025, was AED 62,000; the unit has been rented since January 2013.

How big is unit 508?

653 sqft (60.7 sqm): a studio on the 5th floor of a 26-storey tower completed in 2009.

What is unit 508 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 508, Madison Residency Barsha Heights

Starts from the last sale price (AED 760K, 12 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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