Studio · 466 sqftMadison Residences - Astor, Majan · 1st floor · completed 2013

112, Madison Residences - Astor

Sold prices and rental history: sold twice, last in April 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 19 December 2022
Last soldAED 450K3 April 2017
Current rentAED 18K /yr19 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Madison Residences - Astor

What is 112 worth today?

Last sold for AED 450,000 in 2017

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19 Dec 2022RentedNew contract
AED 18,000/yr12 months · AED 39 per sqft
15 Dec 2021RentedNew contract
AED 18,000/yr12 months · AED 39 per sqft
25 Oct 2020RentedNew contract
AED 21,000/yr13 months · AED 45 per sqft
2 Aug 2017RentedNew contract
AED 36,000/yr12 months · AED 78 per sqft
3 Apr 2017SoldReady
AED 450,000AED 965 per sqft
5 Sep 2016RentedNew contract
AED 48,000/yr4 months · AED 104 per sqft
13 May 2015Sold by developerReady
AED 421,300AED 903 per sqft

Source: Dubai Land Department. Updated 19 December 2022.

Key facts

Type
Studio apartment
Size
466 sqft
Floor
1st of 3
Parking
G-12
Developer
DAMAC
Completed
2013
Service charge
AED 7,800 /yr
Last sold
AED 450K · April 2017

About 112, Madison Residences - Astor

112 is a studio of 466 sqft on the 1st floor of Madison Residences - Astor, a 3-storey tower in Majan completed in 2013 by DAMAC. It last sold on 3 April 2017 for AED 450,000, or AED 965 per sqft, 29% above the AED 747 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 19 December 2022, is AED 18,000 a year: a gross yield of 4.0% on the 2017 price, before the service charge of about AED 7,800 a year.

Sales and rents for 112 over time

Sales
Unit 112, 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, May 2015: AED 421,300 (AED 903 per sqft)Sold, April 2017: AED 450,000 (AED 965 per sqft)

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

Rents
Unit 112, 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, September 2016: AED 48,000 a yearNew contract, August 2017: AED 36,000 a yearNew contract, October 2020: AED 21,000 a yearNew contract, December 2021: AED 18,000 a yearNew contract, December 2022: AED 18,000 a year

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

Studios in Madison Residences - Astor, and where 112 sits

All 98 studios →

112 last sold in April 2017 at AED 965 per sqft, 29% above what studios in Madison Residences - Astor were fetching at the time (AED 747). 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. 112's AED 18,000 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

112, Madison Residences - Astor in numbers

  • Sold twice: first on 13 May 2015 for AED 421,300, last on 3 April 2017 for AED 450,000 (AED 965 per sqft).
  • Rented since September 2016 on 5 Ejari contracts, from AED 48,000 to AED 18,000 a year.
  • At AED 18,000 a year the gross yield on the 2017 price is 4.0%, before a service charge of about AED 7,800 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 19 December 2022.

Questions about 112, Madison Residences - Astor

What did unit 112 last sell for?

AED 450,000 on 3 April 2017: AED 965 per sqft for 466 sqft. The unit has 2 registered sales; the first was AED 421,300 in May 2015.

What is the rent for unit 112?

AED 18,000 a year on the contract signed on 19 December 2022. The previous contract, from December 2021, was AED 18,000; the unit has been rented since September 2016.

How big is unit 112?

466 sqft (43.3 sqm): a studio on the 1st floor of a 3-storey tower completed in 2013.

What is unit 112 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 112, Madison Residences - Astor

Starts from the last sale price (AED 450K, 3 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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