Studio · 596 sqftMadison Residences - Astor, Majan · 1st floor · completed 2013

109, Madison Residences - Astor

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

Unit 109 · DLD and Ejari recordsUpdated 25 February 2021
Last soldAED 718K9 March 2014
Current rentAED 20K /yr25 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Madison Residences - Astor

What is 109 worth today?

Last sold for AED 718,000 in 2014

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25 Feb 2021RentedNew contract
AED 19,500/yr12 months · AED 33 per sqft
20 Dec 2019RentedNew contract
AED 26,000/yr12 months · AED 44 per sqft
1 Apr 2017RentedNew contract
AED 33,000/yr12 months · AED 56 per sqft
9 Mar 2014SoldReady
AED 718,000AED 1,204 per sqft
7 Jul 2009Sold by developerOff-plan
AED 718,000AED 1,204 per sqft

Source: Dubai Land Department. Updated 25 February 2021.

Key facts

Type
Studio apartment
Size
596 sqft
Floor
1st of 3
Parking
G-9
Developer
DAMAC
Completed
2013
Service charge
AED 10,000 /yr
Last sold
AED 718K · March 2014

About 109, Madison Residences - Astor

109 is a studio of 596 sqft on the 1st floor of Madison Residences - Astor, a 3-storey tower in Majan completed in 2013 by DAMAC. It last sold on 9 March 2014 for AED 718,000, or AED 1,204 per sqft, 24% above the AED 974 studios in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 25 February 2021, is AED 19,500 a year: a gross yield of 2.7% on the 2014 price, before the service charge of about AED 10,000 a year.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical studio in Madison Residences - Astor
250K500K750K2009201420192024Typical sale price by year: 2009 AED 718,000; 2013 AED 493,735; 2014 AED 581,470; 2015 AED 556,500; 2016 AED 425,000; 2021 AED 230,000; 2023 AED 362,500; 2024 AED 414,360; 2025 AED 475,000; 2026 AED 435,000Sold by developer, July 2009: AED 718,000 (AED 1,204 per sqft)Sold, March 2014: AED 718,000 (AED 1,204 per sqft)

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

Rents
Unit 109, each contractTypical studio in Madison Residences - Astor
20K40K2014201820222026Typical rent by year: 2014 AED 40,000; 2015 AED 42,000; 2016 AED 41,000; 2017 AED 38,750; 2018 AED 33,000; 2019 AED 28,000; 2020 AED 24,000; 2021 AED 21,000; 2022 AED 24,000; 2023 AED 28,800; 2024 AED 33,600; 2025 AED 36,500; 2026 AED 36,000New contract, April 2017: AED 33,000 a yearNew contract, December 2019: AED 26,000 a yearNew contract, February 2021: AED 19,500 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Madison Residences - Astor, and where 109 sits

All 98 studios →

109 last sold in March 2014 at AED 1,204 per sqft, 24% above what studios in Madison Residences - Astor were fetching at the time (AED 974). Over the last 12 months studios sold for AED 410,000 to 460,000, around AED 772 per sqft, and rent for AED 20,000 to 56,400 a year. 109's AED 19,500 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Oct 2026410,000
15 Sep 2026420,000
7 Jul 2026454,915
30 Apr 2026417,571
8 studio sales in the last 12 months

Madison Residences - Astor

Building

116 apartments, studios to 2-bed over 3 floors in Majan, completed in 2013 by DAMAC. 8 sold in the last 12 months.

Typical price per sqft
AED 772
Typical sale
AED 430K
Typical rent
AED 38K /yr
Typical yield
8.9%
Madison Residences - Astor, Majan: prices, sales and rents →
Value
1012-bedAED 780K · Apr 2024
102StudioAED 450K · May 2024
103StudioAED 410K · Oct 2026
104StudioAED 510K · Oct 2025
105StudioAED 683K · Mar 2014
106StudioAED 832K · Mar 2014
1071-bedAED 739K · Feb 2014
1–7 of 38

109, Madison Residences - Astor in numbers

  • Sold twice: first on 7 July 2009 for AED 718,000, last on 9 March 2014 for AED 718,000 (AED 1,204 per sqft).
  • Rented since April 2017 on 3 Ejari contracts, from AED 33,000 to AED 19,500 a year.
  • At AED 19,500 a year the gross yield on the 2014 price is 2.7%, before a service charge of about AED 10,000 a year (AED 16.76 per sqft).
  • Studios in Madison Residences - Astor sold for AED 410,000–460,000 in the 12 months to November 2026; the building's median across all types is AED 772 per sqft.

Source: Dubai Land Department. Updated 25 February 2021.

Questions about 109, Madison Residences - Astor

What did unit 109 last sell for?

AED 718,000 on 9 March 2014: AED 1,204 per sqft for 596 sqft. The unit has 2 registered sales; the first was AED 718,000 in July 2009.

What is the rent for unit 109?

AED 19,500 a year on the contract signed on 25 February 2021. The previous contract, from December 2019, was AED 26,000; the unit has been rented since April 2017.

How big is unit 109?

596 sqft (55.4 sqm): a studio on the 1st floor of a 3-storey tower completed in 2013.

What is unit 109 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Madison Residences - Astor sold for AED 410,000 to 460,000 in the last 12 months, around AED 772 per sqft.

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Mortgage on 109, Madison Residences - Astor

Starts from the last sale price (AED 718K, 9 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 718,000
Deposit, UAE resident (20%)
AED 143,600
Deposit, non-resident (40%)
AED 287,200
Monthly over 25 years at 3.7%
AED 2,938

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