Studio · 653 sqftMadison Residency Barsha Heights, Barsha Heights · 6th floor · completed 2009

612, Madison Residency Barsha Heights

Sold prices and rental history: sold 4 times, last in December 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 685K11 December 2017
Current rentAED 59K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, Madison Residency Barsha Heights

What is 612 worth today?

Last sold for AED 685,000 in 2017

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1 Jul 2024RentedNew contract
AED 59,000/yr12 months · AED 90 per sqft
10 Nov 2020RentedNew contract
AED 40,000/yr13 months · AED 61 per sqft
11 Dec 2017SoldReady
AED 685,000AED 1,048 per sqft
8 Oct 2017RentedNew contract
AED 65,000/yr12 months · AED 100 per sqft
27 Sep 2016RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
6 Apr 2016SoldReady
AED 640,000AED 979 per sqft
10 Feb 2016RentedRenewal
AED 55,000/yr12 months · AED 84 per sqft
10 Feb 2015RentedRenewal
AED 55,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
Studio apartment
Size
653 sqft
Floor
6th of 26
Parking
B2-053A
Developer
Deyaar
Completed
2009
Service charge
AED 13,500 /yr
Last sold
AED 685K · December 2017

About 612, Madison Residency Barsha Heights

612 is a studio of 653 sqft on the 6th floor of Madison Residency Barsha Heights, a 26-storey tower in Barsha Heights completed in 2009 by Deyaar. It last sold on 11 December 2017 for AED 685,000, or AED 1,048 per sqft, in line with the AED 1,042 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 1 July 2024, is AED 59,000 a year: a gross yield of 8.6% on the 2017 price, before the service charge of about AED 13,500 a year.

Sales and rents for 612 over time

Sales
Unit 612, 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 2009: AED 594,924 (AED 910 per sqft)Sold, February 2013: AED 639,925 (AED 979 per sqft)Sold, April 2016: AED 640,000 (AED 979 per sqft)Sold, December 2017: AED 685,000 (AED 1,048 per sqft)

612 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 612, 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 2014: AED 48,000 a yearRenewal, February 2015: AED 55,000 a yearRenewal, February 2016: AED 55,000 a yearNew contract, September 2016: AED 50,000 a yearNew contract, October 2017: AED 65,000 a yearNew contract, November 2020: AED 40,000 a yearNew contract, July 2024: AED 59,000 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 612 sits

All 159 studios →

612 last sold in December 2017 at AED 1,048 per sqft, in line with what studios in Madison Residency Barsha Heights were fetching at the time (AED 1,042). 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. 612's AED 59,000 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
601StudioAED 570K · Oct 2013
6021-bedAED 930K · Oct 2013
603StudioAED 800K · Aug 2026
604StudioAED 550K · Aug 2024
6051-bedAED 633K · Jun 2009
606StudioAED 656K · Aug 2024
607StudioAED 658K · Dec 2012
1–7 of 15

612, Madison Residency Barsha Heights in numbers

  • Sold 4 times: first on 7 June 2009 for AED 594,924, last on 11 December 2017 for AED 685,000 (AED 1,048 per sqft).
  • Rented since February 2014 on 7 Ejari contracts. The rent fell from AED 48,000 to AED 40,000 in 2020 and recovered to AED 59,000 by July 2024.
  • At AED 59,000 a year the gross yield on the 2017 price is 8.6%, 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 July 2024.

Questions about 612, Madison Residency Barsha Heights

What did unit 612 last sell for?

AED 685,000 on 11 December 2017: AED 1,048 per sqft for 653 sqft. The unit has 4 registered sales; the first was AED 594,924 in June 2009.

What is the rent for unit 612?

AED 59,000 a year on the contract signed on 1 July 2024. The previous contract, from November 2020, was AED 40,000; the unit has been rented since February 2014.

How big is unit 612?

653 sqft (60.7 sqm): a studio on the 6th floor of a 26-storey tower completed in 2009.

What is unit 612 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 612, Madison Residency Barsha Heights

Starts from the last sale price (AED 685K, 11 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 685,000
Deposit, UAE resident (20%)
AED 137,000
Deposit, non-resident (40%)
AED 274,000
Monthly over 25 years at 3.7%
AED 2,803

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