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

616, Madison Residency Barsha Heights

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 616 · DLD and Ejari recordsUpdated 13 October 2026
Last soldAED 720K16 May 2024
Current rentAED 66K /yr13 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 616, Madison Residency Barsha Heights

What is 616 worth today?

Last sold for AED 720,000 in 2024

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13 Oct 2026RentedNew contract
AED 66,000/yr12 months · AED 101 per sqft
10 Feb 2026RentedRenewal
AED 70,000/yr12 months · AED 107 per sqft
10 Feb 2025RentedNew contract
AED 70,000/yr12 months · AED 107 per sqft
16 May 2024SoldReady
AED 720,000AED 1,102 per sqft
20 Jan 2024RentedNew contract
AED 63,000/yr12 months · AED 96 per sqft
1 Nov 2022RentedNew contract
AED 52,000/yr12 months · AED 79 per sqft
20 Aug 2021RentedRenewal
AED 50,000/yr14 months · AED 76 per sqft
20 Aug 2020RentedNew contract
AED 45,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 13 October 2026.

Key facts

Type
Studio apartment
Size
653 sqft
Floor
6th of 26
Parking
B1-110
Developer
Deyaar
Completed
2009
Service charge
AED 13,500 /yr
Last sold
AED 720K · May 2024

About 616, Madison Residency Barsha Heights

616 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 16 May 2024 for AED 720,000, or AED 1,102 per sqft, 11% above the AED 995 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 13 October 2026, is AED 66,000 a year: a gross yield of 9.2% on the 2024 price, before the service charge of about AED 13,500 a year.

Sales and rents for 616 over time

Sales
Unit 616, each saleTypical studio in Madison Residency Barsha Heights
500K2009201420192024Typical 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, February 2012: AED 175,000 (AED 267 per sqft)Sold by developer, February 2012: AED 691,484 (AED 1,058 per sqft)Sold, December 2017: AED 690,000 (AED 1,056 per sqft)Sold, May 2024: AED 720,000 (AED 1,102 per sqft)

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

Rents
Unit 616, 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, March 2014: AED 75,000 a yearNew contract, August 2020: AED 45,000 a yearRenewal, August 2021: AED 50,000 a yearNew contract, November 2022: AED 52,000 a yearNew contract, January 2024: AED 63,000 a yearNew contract, February 2025: AED 70,000 a yearRenewal, February 2026: AED 70,000 a yearNew contract, October 2026: AED 66,000 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 616 sits

All 159 studios →

616 last sold in May 2024 at AED 1,102 per sqft, 11% 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. 616's AED 66,000 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

616, Madison Residency Barsha Heights in numbers

  • Sold 4 times: first on 9 February 2012 for AED 691,484, last on 16 May 2024 for AED 720,000 (AED 1,102 per sqft).
  • Rented since March 2014 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 45,000 in 2020 and recovered to AED 66,000 by October 2026.
  • At AED 66,000 a year the gross yield on the 2024 price is 9.2%, 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 13 October 2026.

Questions about 616, Madison Residency Barsha Heights

What did unit 616 last sell for?

AED 720,000 on 16 May 2024: AED 1,102 per sqft for 653 sqft. The unit has 4 registered sales; the first was AED 691,484 in February 2012.

What is the rent for unit 616?

AED 66,000 a year on the contract signed on 13 October 2026. The previous contract, from February 2026, was AED 70,000; the unit has been rented since March 2014.

How big is unit 616?

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

What is unit 616 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 616, Madison Residency Barsha Heights

Starts from the last sale price (AED 720K, 16 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

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