515, Madison Residency Barsha Heights
Sold prices and rental history: sold twice, last in June 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 515, Madison Residency Barsha Heights
What is 515 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 653 sqft
- Floor
- 5th of 26
- Parking
- B2-059
- Developer
- Deyaar
- Completed
- 2009
- Service charge
- AED 13,500 /yr
- Last sold
- AED 288K · June 2010
- Building
- Madison Residency Barsha Heights
About 515, Madison Residency Barsha Heights
515 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 3 June 2010 for AED 288,488, or AED 441 per sqft, 52% below the AED 914 studios in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 1 September 2026, is AED 60,000 a year: a gross yield of 20.8% on the 2010 price, before the service charge of about AED 13,500 a year.
Sales and rents for 515 over time
515 has sold twice; the dashed line is the studio median of each year in the building.
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 515 sits
All 159 studios →515 last sold in June 2010 at AED 441 per sqft, 52% below what studios in Madison Residency Barsha Heights were fetching at the time (AED 914). 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. 515's AED 60,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Sep 202629 September 2026 | 527 sqft | 680,000 | 1,289 | ||
| 21 Aug 202621 August 2026 | 653 sqft | 800,000 | 1,224 | ||
| 15 Jul 202615 July 2026 | 845 sqft | 810,000 | 958 | ||
| 27 Feb 202627 February 2026 | 653 sqft | 800,000 | 1,224 |
Madison Residency Barsha Heights
Building310 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%
Other units on the 5th floor
All 310 units in Madison Residency Barsha Heights| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 527 sqft | AED 517KAED 517,070 · Nov 2012November 2012 | 40,000 /yr | |
| 502 | 1-bed | 733 sqft | AED 850KAED 850,000 · Feb 2024February 2024 | 75,000 /yr | |
| 503 | Studio | 653 sqft | AED 306KAED 305,988 · Mar 2016March 2016 | 68,000 /yr | |
| 504 | Studio | 653 sqft | AED 570KAED 570,000 · Nov 2018November 2018 | 70,000 /yr | |
| 505 | 1-bed | 733 sqft | AED 700KAED 699,922 · Jan 2012January 2012 | 75,000 /yr | |
| 506 | Studio | 527 sqft | AED 690KAED 690,000 · Nov 2015November 2015 | 67,200 /yr | |
| 507 | Studio | 653 sqft | AED 691KAED 691,484 · Nov 2018November 2018 | 65,000 /yr | |
| 508 | Studio | 653 sqft | AED 760KAED 760,000 · Feb 2014February 2014 | 62,000 /yr | |
| 509 | Studio | 527 sqft | AED 360KAED 360,000 · Jan 2011January 2011 | 52,000 /yr | |
| 510 | 1-bed | 733 sqft | AED 880KAED 880,000 · May 2017May 2017 | 75,000 /yr | |
| 511 | Studio | 653 sqft | AED 629KAED 628,595 · May 2010May 2010 | 70,000 /yr | |
| 512 | Studio | 653 sqft | AED 479KAED 479,376 · Jan 2011January 2011 | 49,500 /yr | |
| 513 | 1-bed | 733 sqft | AED 650KAED 650,000 · Aug 2022August 2022 | 65,000 /yr | |
| 514 | Studio | 527 sqft | AED 517KAED 517,070 · Nov 2012November 2012 | 65,000 /yr | |
| 516 | Studio | 653 sqft | AED 800KAED 800,000 · Feb 2026February 2026 | 50,400 /yr |
515, Madison Residency Barsha Heights in numbers
- Sold twice: first on 18 October 2009 for AED 288,488, last on 3 June 2010 for AED 288,488 (AED 441 per sqft).
- Rented since February 2012 on 11 Ejari contracts, from AED 50,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2010 price is 20.8%, 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 1 September 2026.
Questions about 515, Madison Residency Barsha Heights
What did unit 515 last sell for?
AED 288,488 on 3 June 2010: AED 441 per sqft for 653 sqft. The unit has 2 registered sales; the first was AED 288,488 in October 2009.
What is the rent for unit 515?
AED 60,000 a year on the contract signed on 1 September 2026. The previous contract, from August 2025, was AED 65,000; the unit has been rented since February 2012.
How big is unit 515?
653 sqft (60.7 sqm): a studio on the 5th floor of a 26-storey tower completed in 2009.
What is unit 515 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 515, Madison Residency Barsha Heights
Starts from the last sale price (AED 288K, 3 June 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 288,488
- Deposit, UAE resident (20%)
- AED 57,698
- Deposit, non-resident (40%)
- AED 115,395
- Monthly over 25 years at 3.7%
- AED 1,180
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →