Studio · 467 sqftMadison Residences - Astor, Majan · 1st floor · completed 2013

113, Madison Residences - Astor

Sold prices and rental history: sold 3 times, last in April 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 113 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 275K25 April 2019
Current rentAED 38K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 113, Madison Residences - Astor

What is 113 worth today?

Last sold for AED 275,000 in 2019

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1 May 2026RentedRenewal
AED 38,000/yr12 months · AED 81 per sqft
1 May 2025RentedNew contract
AED 38,000/yr12 months · AED 81 per sqft
15 Dec 2022RentedNew contract
AED 23,000/yr12 months · AED 50 per sqft
1 Dec 2021RentedNew contract
AED 17,000/yr12 months · AED 37 per sqft
1 Aug 2020RentedRenewal
AED 20,000/yr12 months · AED 43 per sqft
1 Aug 2019RentedNew contract
AED 22,000/yr12 months · AED 48 per sqft
25 Apr 2019SoldReady
AED 275,000AED 588 per sqft
15 Oct 2016RentedNew contract
AED 40,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
Studio apartment
Size
467 sqft
Floor
1st of 3
Parking
G-13
Developer
DAMAC
Completed
2013
Service charge
AED 7,800 /yr
Last sold
AED 275K · April 2019

About 113, Madison Residences - Astor

113 is a studio of 467 sqft on the 1st floor of Madison Residences - Astor, a 3-storey tower in Majan completed in 2013 by DAMAC. It last sold on 25 April 2019 for AED 275,000, or AED 588 per sqft, 6% below the AED 625 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 38,000 a year: a gross yield of 13.8% on the 2019 price, before the service charge of about AED 7,800 a year.

Sales and rents for 113 over time

Sales
Unit 113, 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, December 2014: AED 421,200 (AED 901 per sqft)Sold, January 2015: AED 485,000 (AED 1,038 per sqft)Sold, April 2019: AED 275,000 (AED 588 per sqft)

113 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 113, 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, January 2015: AED 45,000 a yearRenewal, January 2016: AED 45,000 a yearNew contract, March 2016: AED 23,936 a yearNew contract, October 2016: AED 40,000 a yearNew contract, August 2019: AED 22,000 a yearRenewal, August 2020: AED 20,000 a yearNew contract, December 2021: AED 17,000 a yearNew contract, December 2022: AED 23,000 a yearNew contract, May 2025: AED 38,000 a yearRenewal, May 2026: AED 38,000 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 113 sits

All 98 studios →

113 last sold in April 2019 at AED 588 per sqft, 6% below what studios in Madison Residences - Astor were fetching at the time (AED 625). 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. 113's AED 38,000 is in the lower half 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

113, Madison Residences - Astor in numbers

  • Sold 3 times: first on 24 December 2014 for AED 421,200, last on 25 April 2019 for AED 275,000 (AED 588 per sqft).
  • Rented since January 2015 on 10 Ejari contracts. The rent fell from AED 45,000 to AED 17,000 in 2021 and recovered to AED 38,000 by May 2026.
  • At AED 38,000 a year the gross yield on the 2019 price is 13.8%, 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 1 May 2026.

Questions about 113, Madison Residences - Astor

What did unit 113 last sell for?

AED 275,000 on 25 April 2019: AED 588 per sqft for 467 sqft. The unit has 3 registered sales; the first was AED 421,200 in December 2014.

What is the rent for unit 113?

AED 38,000 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 38,000; the unit has been rented since January 2015.

How big is unit 113?

467 sqft (43.4 sqm): a studio on the 1st floor of a 3-storey tower completed in 2013.

What is unit 113 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 113, Madison Residences - Astor

Starts from the last sale price (AED 275K, 25 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 275,000
Deposit, UAE resident (20%)
AED 55,000
Deposit, non-resident (40%)
AED 110,000
Monthly over 25 years at 3.7%
AED 1,125

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