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

117, Madison Residences - Astor

Sold prices and rental history: sold twice, last in November 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 117 · DLD and Ejari recordsUpdated 22 November 2016
Last soldAED 425K22 November 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 117, Madison Residences - Astor

What is 117 worth today?

Last sold for AED 425,000 in 2016

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22 Nov 2016SoldReady
AED 425,000AED 712 per sqft
20 Oct 2014Sold by developerReady
AED 596,330AED 1,000 per sqft

Source: Dubai Land Department. Updated 22 November 2016.

Key facts

Type
Studio apartment
Size
596 sqft
Floor
1st of 3
Parking
G-18
Developer
DAMAC
Completed
2013
Service charge
AED 10,000 /yr
Last sold
AED 425K · November 2016

About 117, Madison Residences - Astor

117 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 22 November 2016 for AED 425,000, or AED 712 per sqft, in line with the AED 712 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 117 over time

Sales
Unit 117, 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, October 2014: AED 596,330 (AED 1,000 per sqft)Sold, November 2016: AED 425,000 (AED 712 per sqft)

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

Rents
Unit 117, each contractTypical studio in Madison Residences - Astor
20K30K40K2014201820222026Typical 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 36,000

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 117 sits

All 98 studios →

117 last sold in November 2016 at AED 712 per sqft, in line with what studios in Madison Residences - Astor were fetching at the time (AED 712). 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.

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

117, Madison Residences - Astor in numbers

  • Sold twice: first on 20 October 2014 for AED 596,330, last on 22 November 2016 for AED 425,000 (AED 712 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 22 November 2016.

Questions about 117, Madison Residences - Astor

What did unit 117 last sell for?

AED 425,000 on 22 November 2016: AED 712 per sqft for 596 sqft. The unit has 2 registered sales; the first was AED 596,330 in October 2014.

How big is unit 117?

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

What is unit 117 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 117, Madison Residences - Astor

Starts from the last sale price (AED 425K, 22 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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