615, Madison Residency Barsha Heights
Sold prices and rental history: sold 5 times, last in June 2024, 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 615, Madison Residency Barsha Heights
What is 615 worth today?
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Source: Dubai Land Department. Updated 20 June 2024.
Key facts
- Type
- Studio apartment
- Size
- 653 sqft
- Floor
- 6th of 26
- Parking
- B1-108
- Developer
- Deyaar
- Completed
- 2009
- Service charge
- AED 13,500 /yr
- Last sold
- AED 700K · June 2024
- Building
- Madison Residency Barsha Heights
About 615, Madison Residency Barsha Heights
615 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 20 June 2024 for AED 700,000, or AED 1,071 per sqft, 8% above the AED 995 studios in the building were fetching at the time.
It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 5 August 2022, is AED 46,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 13,500 a year.
Sales and rents for 615 over time
615 has sold 5 times; 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 615 sits
All 159 studios →615 last sold in June 2024 at AED 1,071 per sqft, 8% above what studios in Madison Residency Barsha Heights were fetching at the time (AED 995). 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. 615's AED 46,000 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 6th floor
All 310 units in Madison Residency Barsha Heights| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | Studio | 527 sqft | AED 570KAED 570,000 · Oct 2013October 2013 | 76,000 /yr | |
| 602 | 1-bed | 733 sqft | AED 930KAED 930,000 · Oct 2013October 2013 | 75,000 /yr | |
| 603 | Studio | 653 sqft | AED 800KAED 800,000 · Aug 2026August 2026 | 54,600 /yr | |
| 604 | Studio | 653 sqft | AED 550KAED 549,778 · Aug 2024August 2024 | 77,000 /yr | |
| 605 | 1-bed | 733 sqft | AED 633KAED 632,876 · Jun 2009June 2009 | 80,000 /yr | |
| 606 | Studio | 527 sqft | AED 656KAED 656,000 · Aug 2024August 2024 | 60,000 /yr | |
| 607 | Studio | 653 sqft | AED 658KAED 658,248 · Dec 2012December 2012 | 70,000 /yr | |
| 608 | Studio | 653 sqft | AED 820KAED 820,000 · Apr 2025April 2025 | 65,000 /yr | |
| 609 | Studio | 527 sqft | AED 630KAED 630,000 · Dec 2013December 2013 | 57,000 /yr | |
| 610 | 1-bed | 733 sqft | AED 800KAED 800,000 · May 2015May 2015 | 66,000 /yr | |
| 611 | Studio | 653 sqft | AED 665KAED 665,000 · Jun 2016June 2016 | 67,000 /yr | |
| 612 | Studio | 653 sqft | AED 685KAED 685,000 · Dec 2017December 2017 | 59,000 /yr | |
| 613 | 1-bed | 733 sqft | AED 1.07MAED 1,065,149 · Oct 2010October 2010 | 66,000 /yr | |
| 614 | Studio | 527 sqft | AED 518KAED 518,192 · Nov 2012November 2012 | 58,000 /yr | |
| 616 | Studio | 653 sqft | AED 720KAED 720,000 · May 2024May 2024 | 66,000 /yr |
615, Madison Residency Barsha Heights in numbers
- Sold 5 times: first on 17 July 2012 for AED 691,484, last on 20 June 2024 for AED 700,000 (AED 1,071 per sqft).
- Rented since December 2012 on 7 Ejari contracts. The rent fell from AED 39,000 to AED 35,000 in 2021 and recovered to AED 46,000 by August 2022.
- At AED 46,000 a year the gross yield on the 2024 price is 6.6%, 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 20 June 2024.
Questions about 615, Madison Residency Barsha Heights
What did unit 615 last sell for?
AED 700,000 on 20 June 2024: AED 1,071 per sqft for 653 sqft. The unit has 5 registered sales; the first was AED 691,484 in July 2012.
What is the rent for unit 615?
AED 46,000 a year on the contract signed on 5 August 2022. The previous contract, from August 2021, was AED 35,000; the unit has been rented since December 2012.
How big is unit 615?
653 sqft (60.7 sqm): a studio on the 6th floor of a 26-storey tower completed in 2009.
What is unit 615 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 615, Madison Residency Barsha Heights
Starts from the last sale price (AED 700K, 20 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →